July 8, 2008

Telesoft Sets Sales Records for Telecom Expense Management

Telesoft Corporation, a leading provider of Telecom Expense Management (TEM) solutions, has announced today that it booked record sales for the 1st and 2nd quarters adding four new customers to its portfolio of over 125 Telecom Expense Management (TEM) clients.

"It is always exciting when organizations decide to partner with Telesoft to manage their telecom expenses," said Thierry Zerbib, CEO of Telesoft Corp. "We are driven to meet 100% of their expectations and to validate their decision to choose Telesoft as their TEM provider."

Telesoft's new clients cited superior product features and flexibility as reasons for choosing the Telesoft Telecom Expense Management product. These clients are from a number of different verticals including finance, energy, government and entertainment and two of them are also part of the Fortune 1000.

"Our product is one of the few in our industry that is flexible in so many different ways," added Zerbib. "It is good to see that these companies chose our solution and we are eager to add such quality accounts to our customer base. We also commend our sales team for their solution oriented, consultative sales approach. Our business acumen is to truly understand our clients' needs and to deliver a customizable solution that is right for their business."

About Telesoft

As a leading provider of powerful Telecom Cost Management solutions, Telesoft Corp. has served large organizations for over 25 years. Telesoft offers telecommunication expense management software to Fortune 1000, government, and large private enterprises. Solutions include Invoice Processing, Call Accounting, Asset Management, Vendor Provisioning, eBonding, and Wireless Management.

Telesoft's award-winning products and services have revolutionized the way companies do business in today's marketplace. With a long list of Fortune 500 users, Telesoft Corp. is poised to continue this history of leadership with innovative offerings that expand to accommodate the changing needs of today's growing businesses. For more information on Telesoft, please visit www.telesoft.com.