NEWS

Telenor Serbia installs BSCS iX Release 2 rating and billing solution by LHS

Frankfurt, Germany – February 7, 2008 – LHS, a leading provider of telecom billing and customer care systems across the wireless, wireline, and IP telecom markets worldwide, today announced that Telenor Serbia, a member of the Telenor Group, is upgrading its BSCS7 billing and customer care system with BSCS iX Release 2, LHS' latest product. Telenor Serbia has also selected LHS as the prime contractor for the upgrade.

"We have opted for this solution because LHS has the required comprehensive BSCS iX R2 expertise in terms of architecture, configuration and migration. It also enables Telenor Serbia to provide future convergent offerings to our customers,"said Oystein Mikkelsen, Chief Technical Officer of Telenor Serbia. "This is a strategic project that is not IT-specific, but benefits our company business objectives and contributes to our operational excellence," he added.

Telenor’s customers will benefit from innovative services, pricing and product bundling as well as marketing and promotional offerings. With this new agreement, LHS and Telenor have deepened their cooperation that already includes several other Telenor affiliates around the world.

"We are delighted to serve Telenor Serbia directly, as this offers us the opportunity to better understand their requirements and answer faster to their requests and needs. This is a continuation of the trustful relationship we have established when Telenor invested in Serbia," said Detlef Purschke, LHS' Divisional Officer Europe.


About Telenor Serbia
Telenor is one of the world’s top ten mobile operators, with more than 133 million subscribers, including 2.8 million in Serbia. The company is renowned for its innovative approach to mobile communications in the developing markets. Following the investment of EUR 1.513 billion, the single largest foreign investment in Serbia and South East Europe, Telenor Serbia has officially been operating in the country since September 1, 2006.

About LHS
LHS is a leading provider of telecom billing and customer care systems across the wireless, wireline, and IP telecom markets worldwide.
LHS Business Support Systems offer full convergence on various levels, supporting the complete range of business models both across the mix of fixed and mobile services, as well as prepaid and postpaid services.
LHS builds innovative systems that enable our customers to introduce new services fast, helping drive revenues up, while keeping operational costs to a minimum. LHS was awarded “Best Billing or Customer Care Solution” by the GSM Association in Cannes in 2005, won the IIR World Billing Awards for its "Overall Best Contribution to Billing" in London in 2005 and 2006 as well as the “Stratecast Global Investment of R&D Resources to Address Core Billing Needs Award“ by Frost & Sullivan in 2007.
LHS is an independent software vendor (ISV) with headquarters in Germany, and offices in Brazil, Czech Republic, France, Malaysia, Turkey, and United Arab Emirates. LHS is part of the LHS Group, and LHS Aktiengesellschaft as the Group’s Holding company is a public company listed on the Frankfurter Stock Exchange (LHS400).
For more information, please visit www.lhsgroup.com

Press contact:

LHS
Arnaud Lassalle
Vice President Marketing & Communications
Herriotstrasse 1
60528 Frankfurt/Main
Germany
Phone: +49 (0)69-2383 3000
Fax: +49 (0)69-2383 5710
E-Mail: enquiries@lhsgroup.com

Commercial Register: Amtsgericht Frankfurt/Main - Registration Number HRA 42727
Personally Liable Partner: LHS Management GmbH - Registration Number HRB 77913
Amtsgericht Frankfurt/Main
Management Board: Wolfgang Kroh, Axel Barta, Dr. Jens Troetscher

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