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MIND CTI LTD (NASDAQ:MNDO), Down By 6.42% ($0.17) From $2.650 After BUYINS.NET Report Predicted Stock Would Go Down Due To Bear

^{Published on 2012-02-21 13:40:22 - WOPRAI}
 

February 21, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Friday, February 17th 2012 stating that MIND CTI LTD (NASDAQ:MNDO) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=mndo&id=244343

At the time this story was written, MIND CTI LTD (NASDAQ:MNDO) is Down By $0.17 (6.42%) since the BUYINS.NET report was released.

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MIND CTI LTD (NASDAQ:MNDO) - MIND C.T.I. Ltd. (MIND), incorporated on April 6, 1995, develops, manufactures and markets real time and off-line mediation, rating, billing and customer care software for various types of communication providers, including traditional wireline and wireless, voice-over Internet protocol (VoIP), and broadband Internet protocol (IP) network operators, cable operators, third generation (3G) operators and mobile virtual network operators (MVNOs). The Company's convergent billing and customer care solution supports multiple services, including voice, data and content services, as well as both prepaid and post-paid payment models in a single platform. Its billing solution includes its integrated real-time mediation product that provides interfaces with IP and traditional telecommunication equipment. The Company also provides professional services, primarily to its billing and customer care customers, consisting of installation, customer support, training and maintenance services, customization and project management. Its professional services also include turnkey project implementation services.

During the year ended December 31, 2005, MIND completed the acquisition of the Sentori Inc. Sentori is a provider of customer care and billing solutions to wireless carriers and MVNOs, mainly in the United States and the Caribbean.

Mediation, Rating, Billing and Customer Care Solution

MIND's billing solutions include real-time and off-line, convergent mediation, provisioning, rating, billing and customer care products for voice, data, video and content services that meet the mission-critical needs of service providers and is interoperable with the telecommunications equipment of major manufacturers. solutions support both prepaid billing plans, in which customers pre-pay for the services, or postpaid billing plans, in which customers pay for the services after using them, on the basis of either limited or unlimited credit lines.

The mediation platform provides real-time and batch event collection interfacing with the content, data, service delivery and routing network elements. Provisioning involves setting up the ability of a subscriber to use services. The Company's real-time mediation module authenticates subscribers who dial into the network to use the service. Its systems authorize a particular usage, among other ways, by reviewing the type of service to determine whether the service is permitted, or reviewing the existing balance, pre-rating the service, using the rating engine described below and calculating the resulting cut-off time, if any, of the call or data session.

When each session is completed, the rating engine described below is used to determine the amount to be charged to the subscriber and update the balance of the account in real-time. The networks operated by its customers are typically interconnected with the networks of other telecommunications service providers.

The Company's billing solutions allow service providers to take advantage of their convergent networks by providing their customers with advanced voice, data, content and video services. Its billing solutions include a real-time and flexible rating engine that allows service providers to offer subscribers a variety of billing plans. The billing solutions also include a high-capacity invoice server that handles all stages of invoice generation. The billing solutions include a subscriber Web interface that allows subscribers to resolve billing inquiries themselves.

Cashier module offers the ability to perform cash registration, posting of payments and refunds and direct sales of services and equipment. The Company's Resource Management module automates the management and tracking of the equipment sold to subscribers. Call Management and Traffic Analysis Reports (CSM module) allow service providers to generate reports and graphic analyses of usage activity. The billing solutions include a fraud detection tool that enables detection of stolen calls and telephone misuse.

The Company competes with VeriSign and Intec Telecom Systems.

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Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net