New Stratecast Report Positions WeDo Technologies as Global Market Leader in Fast Growing Telecoms Revenue Assurance Market

By Wedo Technologies, PRNE
Tuesday, June 29, 2010

LISBON, June 30, 2010 - WeDo Technologies, an innovator in Revenue and Business Assurance, is the
leader with a 26 percent share of the total $235 million RA market in 2009 -
according to a new report from Stratecast, "Revenue Assurance and Cost
Management Global CSP Sector Assessment."

Highlighting the continued evolution of basic revenue assurance processes
away from their traditional focus on billing issues and towards more
strategic business assurance and risk management roles, the report emphasises
the wider importance of data management for the future of the
telecommunications industry and the central role that revenue assurance
disciplines and organisations can play.

Commenting on the new report, Rui Paiva, CEO and founder of WeDo
Technologies, said, "We're delighted to achieve formal recognition of our
growing role in what is becoming an increasingly important and truly
strategic market sector. The market for business assurance solutions is quite
healthy and we've been able to combine real customer need - especially in the
Latin American, European and Middle Eastern and African markets - with a
strategy of both organic growth and acquisition. Service providers are
recognising the crucial role that business assurance can play in enhancing
customer experience while keeping tight control of their EBITDA and Net
Profit margins - a vital factor if telecoms service providers are to retain
their competitive position in an increasingly interconnected world."

"We see the combined revenue assurance and business management functions
as an increasingly important role for long-term business success as the
communications industry evolves and converges with other capabilities from
the entertainment, media, IT computing and even advertising sectors", said
Karl Whitelock, senior consulting analyst with Stratecast a division of Frost
& Sullivan. "Blended management of revenue balanced with cost from all parts
of the business is strategic and a growing concern as transaction volumes
increase and external partnerships expand."

Paiva further stated "In the first quarter of 2010, orders for us grew by
around 12 percent when compared with the same period last year. With
Stratecast predicting a CAGR of 22 percent in revenue assurance alone, the
signs from the market are positive for us."

About WeDo Technologies:

WeDo Technologies is the leading supplier of Revenue Assurance solutions
for the global telecoms industry. Business Assurance RAID, the company's
Revenue Assurance and Fraud product, has been implemented across the five
continents. With an international presence in Portugal, Australia, Brazil,
Chile, Egypt, France, Ireland, Malaysia, Mexico, Panama, Poland, Singapore,
Spain, UK and USA, WeDo Technologies is also a member of the GSM Association
and the TM Forum. The company was founded in Portugal in 2001. For more
information, including an excerpt of the above mentioned report, please visit
www.wedotechnologies.com.

About Stratecast

Stratecast assists clients in achieving their strategic and growth
objectives by providing critical, objective and accurate strategic insight on
the global communications industry. As a division of Frost & Sullivan,
Stratecast's strategic consulting and analysis services complement Frost &
Sullivan's Market Engineering and Growth Partnership Services. Stratecast's
product line includes subscription-based recurring analysis programs focused
on Business Communication Services (BCS), Consumer Communication Services
(CCS), Communications Infrastructure and Convergence (CIC), OSS and BSS
Global Competitive Strategies (OSSCS), and our weekly opinion editorial,
Stratecast Perspectives and Insight for Executives (SPIE). Stratecast also
produces research modules focused on a single research theme or technology
area such as IMS and Service Delivery Platforms (IMS&SDP), Managed and
Professional Services (M&PS), Mobility and Wireless (M&W), Multi-Channel
Video Programming Distribution (MVPD), and Secure Networking (SN).

Porter Novelli Portugal, Maria Inês Oliveira,
Email: ines.oliveira@porternovelli.pt, Tel: +351-21-313-61-00

Porter Novelli Portugal, Maria Inês Oliveira, Email: ines.oliveira at porternovelli.pt, Tel: +351-21-313-61-00

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