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News
Issue #2002 - 35 (September 2002)
(Updated Sep. 18, 2002)

MERGERS, AGREEMENTS and INVESTMENTS

Telemac & Schlumberger Announce Collaborative Efforts in Wireless Billing & Payment Processing

LOS ANGELES, CALIFORNIA - September 10, 2002 - Telemac Corporation, the leader in network-edge real-time accounting and billing technologies for the wireless industry, today announced that it has expanded its agreement and joint marketing efforts with SchlumbergerSema, a business unit of Schlumberger Limited.

In March 2002, Telemac and SchlumbergerSema announced their collaborative efforts in developing and marketing SchlumbergerSema Telemac-enabled(tm) SIM cards for GSM wireless devices in North America. Telemac and SchlumbergerSema now will also: 

  • Expand their marketing, product development and licensing efforts to worldwide markets; 
  • Explore additional implementations, such as R-UIMs and other smart cards for CDMA wireless devices; and 
  • Target and actively market SchlumbergerSema Telemac-enabled(tm) smart cards in the rapidly growing Asia-Pacific markets.

SchlumbergerSema Telemac-enabled(tm) smart cards for wireless devices will support Telemac CostControl(tm) technology and will be made available to Telemac-licensed GSM and CDMA networks and resellers worldwide. Telemac CostControl(tm) technology, part of the Telemac Advantage(tm) suite, is a patented state-of-the-art network-edge real-time billing and accounting solution for prepaid wireless services and traditional post-paid services with adjustable spending limits.

SchlumbergerSema Telemac-enabled(tm) smart cards will include newly customized software, offering the same functionality as the traditional Telemac IMA-Module(tm) and will support GSM and potentially CDMA wireless devices. Telemac CostControl(tm) technology offers rapid deployment, scalability, seamless national and international roaming, reduced non-revenue generating network traffic, personal account verification via function keys on the wireless device, and a web-based administrative tool for modifying program parameters. The Telemac Advantage(tm) suite is available in implementations ranging from a license and support agreement, to a fully managed ASP service from Telemac's carrier-class technical operations center.

"This program benefits our customers by providing an innovative choice for global roaming in a real-time prepaid environment," stated Tan,Teck Lee, vice president of Mobile Communication Products Asia at SchlumbergerSema. "It showcases the flexibility and power of SlM-based applications and the SchlumbergerSema commitment to offer the broadest portfolio of solutions."

SchlumbergerSema is one of two business segments of Schlumberger Limited, a global technology services company. With more than 30,000 employees serving customers in 65 countries, SchlumbergerSema aggregates IT consulting, systems integration, managed services and related products to the oil and gas, telecommunications, energy and utilities, finance, transport and public sector markets. Leveraging the Schlumberger DeXa* Suite of Services, it also provides IP network connectivity, information security solutions, distributed computing support services and data center hosting services. 

Telemac Corporation is the global leader in advanced network-edge real-time accounting, billing, and payment processing technologies for the wireless industry, including cost control, data, and prepaid solutions protected by worldwide patents. The Telemac Advantage(tm) solution is a complete real-time billing system supporting all voice and data services operating on 2G, 2.5G, and 3G networks. Telemac technology is licensed to wireless service providers on six continents, and supports all tariffing methods, roaming, and selective over-the-air communications between the network and phone to modify configurations and replenish credit balances. The Telemac Advantage(tm) solution is available in a range of service bureau and on-site deployment options. 

For more information: http://www.slb.com and http://www.telemac.com

MobileInfo Comments and Advisory:  This is a good synergistic agreement between SchlumbergerSema and Telemac. 

Note: This news release may contain forward-looking statements. Readers should take appropriate caution in developing plans utilizing these products, services and technology architectures.  All trademarks used in this summary are the property of their respective owners.


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