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Pioneering British company joins European Alliance in extending awareness and deployment of smart meter billing technology capable of lowering carbon footprints.

London, UK – 8th August, 2007 – Abacus, a leading provider of billing products and managed services for the telecommunications and utilities industries, is excited to announce its entry as member of the European Smart Metering Alliance (ESMA).

The alliance aims are to define and promote best practice in smart metering across Europe. Abacus is an innovative developer and provider of Smart Meter Billing technology, providing more accurate billing services through utility meters that are able to provide accurate daily usage patterns, thus curtailing energy wastage and carbon footprints.

Karl Willis, CEO of Abacus confirmed: “We are very excited about working as part of the Alliance. Harnessing technology that allows energy consumption to be monitored and managed is understandably top of political and environmental agendas”.

Launched by BEAMA (British Electrotechnical and Allied Manufacturers' Association), the
ESMA project is designed to build and expand upon the environmental benefits of the Energy End-Use Efficiency and Energy Services Directive (ESD).

“By 2008, all European Member States have to implement the ESD, which requires customers to be given more information on their energy usage and receive more timely and accurate billing,” said BEAMA’s alliance project leader John Parsons.

About Abacus Billing

Abacus is a leading global provider of billing products and managed services for the telecommunications and utilities sectors. With over ten years’ experience, Abacus delivers end-to-end, fully web-enabled services and software solutions that make billing cost-effective and time efficient. Abacus solutions, ranging from entirely outsourced Abacus billing management services to Abacus Customer Care and Billing software, enable a broad range of customers to concentrate resources on their core business activities. All solutions are flexible, scalable, multi-lingual and multi-currency, enabling customers to bring new products to market quickly. Abacus is also a pioneering developer of utilities smart metering billing services. www.abacus-billing.com.

For more details please contact:

Hazel Butters or Sally Forge
Prompt Communications on behalf of Abacus
Tel: 020 8996 1652 / Out of hours: 07780 687813
Email: hbutters@prompt-communications.com / sforge@prompt-communications.com

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