WeDo Technologies Launches New Revenue and Business Assurance Platform at MWC 2010

'More Powerful Tools and New Strategies Desperately Needed to Manage Increasingly Complex Commercial Relationships, Longer Value Chains and New Technologies' Says CEO, Rui Paiva

BARCELONA, February 15 -

    Company also Announces:

    - Major New Contract Wins in Latin America and Europe
    - Opening of More Regional Offices

WeDo Technologies, leading innovator in the Revenue and Business
Assurance sector, is using MWC this year to launch the latest version of RAID
- its powerful and uniquely flexible Business Assurance platform.

With RAID already in use by over 60 service providers worldwide, this
latest version - Business Assurance RAID 6.0 - extends the protection offered
to service providers even further, adding modules to manage assurance beyond
core revenue protection operations to include incentives, collections and
partner settlement processes. Additional investment is already underway to
increase these functionalities across the wider commercial environment.

"Whatever point they're at in their growth cycle," says CEO Rui Paiva,
"service providers everywhere are finding that traditional approaches to
Revenue Assurance aren't sufficient any longer to support the
multi-dimensional, multi-directional business relationships that they now
rely on. The industry isn't talking any longer here about just protecting its
cash flow - the game's now about much wider strategic issues that involve
commercial agility, continual innovation and reputation and risk management.
That, in turn, requires us in the vendor community to come up with more
holistic tools and visions to first secure - and then enable - the broader
enterprise."

2010 will mark WeDo Technologies' eighth appearance at an MWC event and
demonstrates the company's steady growth and success so far, building on a 38
percent increase in turnover in 2008 alone. In answering the challenges of a
sector that's continually faced with the emergence of new products and
business models - plus ever more complex and fragmented financial, tariffing
and charging processes - RAID 6.0's inclusion of functions to manage
collections, partners and incentives widens a service provider's 'envelope of
trust' far beyond that usually provided by a typical Revenue Assurance
system.

Commercially, the last months of 2009 were extremely positive for WeDo
Technologies:

Latin America: Signing of a continent-wide contract with an international
Tier-One service provider to optimise its roaming processes.

Mexico: Order for an integrated Revenue Assurance and Fraud Management
solution from a national cable operator.

Central Europe: Orders for Revenue Assurance solutions received from
mobile operators in Hungary, Armenia and Slovakia.

Europe: Order for a Revenue Assurance solution from a major mobile
operator in Spain.

In addition, the company will be extending its global presence still
further during 2010 with the opening of new offices in Chile, Panama and
Singapore, having already established itself in Egypt, Malaysia and the USA
during 2008.

Sited in Hall One, Booth J31, WeDo Technologies will be sharing its stand
with its subsidiary Praesidium, the Fraud, Revenue and Business Assurance
consultancy.

About WeDo Technologies:

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

About GSMA Mobile World Congress 2010

A world-class thought leadership conference featuring
visionary keynotes and action-provoking panel discussions. An exhibition with
more than 1,300 companies displaying the cutting-edge products and technology
that will define the mobile future. For more information, please visit
www.mobileworldcongress.com/index.htm.

    For further information while at MWC, please contact:
    Sergio Silvestre
    Chief Marketing Officer
    Mobile: +351-939-655-555
    Email: sergio.silvestre@wedotechnologies.com

For further information while at MWC, please contact: Sergio Silvestre, Chief Marketing Officer, Mobile: +351-939-655-555, Email: sergio.silvestre at wedotechnologies.com