SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2005
MER TELEMANAGEMENT SOLUTIONS LTD.
(Name of Registrant)
22 Zarhin Street, Ra'anana 43662, Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether by furnishing the information
contained in this Form, the registrant is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b): 82- ____________
This Form 6-K is being incorporated by reference into the Registrant's Form S-8
Registration Statements File Nos. 333-12014 and 333-123321.
MER Telemanagement Solutions Ltd.
6-K Items
1. Press release re MTS Launches Expanded Interconnect Billing Solution dated
October 10, 2005.
ITEM 1
Press Release Source: MTS
MTS Launches Expanded Interconnect Billing Solution
Monday October 10, 9:22 am ET
- Major Carrier to Install MTS Interconnect Solution to Manage Partner
Relationships -
RA'ANANA, Israel, Oct. 10 /PRNewswire-FirstCall/ -- MTS (Nasdaq Capital Market:
MTSL), a global provider of operations support systems (OSS) and customer care
and billing (CC&B), has signed a contract with a major carrier to provide its
new interconnect billing solution, which is part of its expanded "Total-e"
platform, for management of the carrier's partner relationships. The contract
was awarded following a series of pilot projects with several worldwide
carriers.
Since making its strategic business decision to enter into the billing solutions
market in January 2004, MTS has invested heavily in R&D and is now launching its
newly expanded "Total-e" platform to provide world-class interconnect solutions.
The new interconnect solution consolidates the different and diverse
requirements of these MTS carrier customers into one integrated platform
designed specifically to meet the needs of the worldwide carrier and service
provider market.
The Company's comprehensive interconnect billing solution as part of the Total-e
platform enables a carrier or service provider to manage its entire relationship
with a partner, from documenting and monitoring contracts to supporting various
agreements such as hubbing, wholesale, bilateral, transit and custom types. The
solution also produces automatic statements, declarations and invoices.
Furthermore, the Total-e platform is compatible with multi-currencies, enabling
the carrier to accurately manage any discrepancy involved in foreign currency
conversion.
The interconnect billing solution contains an extensive set of audit controls
and reports that allows a carrier or service provider to closely monitor the
partner relationship and feel secure that the system is operating properly.
Included in these reports are full breakdowns of local, long distance, and
international service, all intended to reduce leakage. The reconciliation of
accounts with partners is performed using proactive rule- based alerts that
improve performance and efficiency and enable the carrier or service provider to
pinpoint and resolve disputes in a timely manner, thereby avoiding costly
errors.
Eytan Bar, President and CEO of MTS, commented "Carriers and service providers
were requesting that MTS develop a comprehensive interconnect billing solution
that could help them manage their partner relationships, regardless of size. The
knowledge and experience we gained in the past year implementing worldwide
interconnect projects enabled us to integrate the various components demanded by
the market into one platform, the Total-e Interconnect and Partners Revenue
solution. With Total-e, we believe MTS has once again demonstrated its ability
to effectively deliver cost-effective solutions and solidifies its position as a
major player in the telecommunications solutions market."
About MTS
Mer Telemanagement Solutions Ltd. is a global provider of operations support
systems (OSS) for comprehensive telecommunication management and customer care &
billing solutions. MTS' OSS is a full-featured customized solution for
telecommunications management and customer care & billing. Its
telecommunications enterprise resource planning (ERP) application suite is used
by corporations and organizations to improve the efficiency and performance of
all telecommunication and information technology (IT) operations, and to
significantly reduce associated costs. Its affordable customer care and billing
(CC&B) solutions are used by service providers and operators to support
sophisticated billing, web-based self-provisioning and other revenue-generating
applications. And now, its Interconnect Billing solutions offer carriers and
service providers an effective solution for managing their partner
relationships.
Headquartered in Israel, MTS markets through wholly owned subsidiaries in the
United States, Hong Kong, Holland, and Brazil, and through OEM partnerships with
Siemens, Phillips, and other PABX vendors. Its legacy call accounting solutions
have been installed by over 60,000 customers in 60 countries. MTS' shares are
traded on the NASDAQ Capital Market (symbol MTSL). For more information please
visit the MTS web site: www.mtsint.com
Certain matters discussed in this news release are forward-looking statements
that involve a number of risks and uncertainties including, but not limited to,
risks in product development plans and schedules, rapid technological change,
changes and delays in product approval and introduction, customer acceptance of
new products, the impact of competitive products and pricing, market acceptance,
the lengthy sales cycle, proprietary rights of the Company and its competitors,
risk of operations in Israel, government regulations, dependence on third
parties to manufacture products, general economic conditions and other risk
factors detailed in the Company's filings with the United States Securities and
Exchange Commission.
Contacts:
Company Investor Relations:
Shlomi Hagai Kathy Price
Corporate COO & CFO Deputy Managing Director
MTS - MER Telemanagement Solutions The Global Consulting Group
Tel: +972-9762-1733 Tel: 646-284-9430
Email: Shlomi.Hagai@mtsint.com Email: kprice@hfgcg.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
MER TELEMANAGEMENT SOLUTIONS LTD.
(Registrant)
By: /s/Eytan Bar
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Eytan Bar
President and
Chief Executive Officer
Date: October 11, 2005