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Media alert 22 October 2004

AZURE TO HIGHLIGHT TELECOM FRAUD AT ASIA SUMMIT

Azure, the revenue assurance and management company, will be a participating sponsor and hosting two sessions at the Third Annual Combating Telecom Fraud in Asia Summit, the principle Asian telecoms fraud conference, taking place at the Hong Kong Sheraton Hotel & Towers, Hong Kong, between Wednesday 3 November and Friday 5 November 2004.

Jason Lane-Sellers, fraud product marketing manager at Azure, will be hosting a session at the summit on Wednesday 3 November at 3.55pm entitled: “Prevention is better than cure – How to establish an effective fraud risk assessment process?” In the session, Jason will stress the importance of creating a fraud prevention culture, identify the current and future fraud risks, as well as introduce methods in dealing with fraud.

In a second session, Jason will be co-hosting a post-conference workshop with Vincent Barry, Azure’s Asian region director. The workshop, entitled: “IP and content, what are the fraud risks and how do you control the problem?” will take place on Friday 5 November at 8.45am. In this workshop, Jason and Vincent will provide an overview of how the move to IP will affect telecoms companies and increase the potential risks of fraud. The workshop will also address how telcos can utilise their existing expertise and systems to help them prepare for the risks involved.

Research in 2003 from leading telecoms analysts, Analysys, estimated that operator revenue leakage was 13.7 per cent of turnover. Azure has re-commissioned this survey and will presenting the latest results at the two sessions and every attendee will be entitled to a free copy of the research.

Azure’s principal objective is to enable communications operators worldwide to reduce losses and safeguard profits from malicious and unintentional revenue leakage. It offers a range of revenue assurance products and services including; Interconnect Accounting, Fraud Management, Event Integrity, Mediation Management and Route Optimisation.

For further information regarding the summit, please e-mail events@azuresolutions.com.

-ENDS-

About Azure (www.azuresolutions.com)
Azure is one of the world’s leading revenue assurance companies with offices in London, Ipswich, Madrid and Hong Kong. Its portfolio includes Interconnect Billing, Fraud Management, Mediation Management, Event Integrity and Route Optimisation. Azure provides individual products or complete revenue assurance solutions using a common platform and any combination of products that a customer might need. Customers can choose a system that they own and operate themselves or a bureau that Azure manages on their behalf. Amongst Azure’s customers are PTTs, mobile operators, national operators, carrier’s carrier and cable TV companies; Azure has significant carrier experience and understands the problems faced by all these operators. The company’s heritage is based on the fundamental technology and skills developed whilst in BT in the early 1990’s with many of the world-class technical experts remaining at Azure today.

Azure was spun out of BT in April 2003 and is backed by the technology venturing partnership, NVP Brightstar, created in February 2003. NVP Brightstar has been created by BT Brightstar, formerly part of BT’s technology and IT operations division, BT Exact; Coller Capital, the UK-based global private equity investment manager; and New Venture Partners, the US-based venture capital firm.

Further information
Alex Crawshaw / Jonathan Rosemont / Ged Carroll, Pirate Communications
tel: +44 20 7760 7050
alex@piratecomms.com / jonathan@piratecomms.com / ged@piratecomms.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Pirate Communications in the following categories: Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.