RCS - Cerillion PLC - Release of latest version of flagship product set

CerillionAnnouncement

26/10/2022 07:16

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RNS Number : 0939E  Cerillion PLC  26 October 2022

AIM: CER

 Cerillion plc

("Cerillion" or "the Company")

 

Launch of Cerillion 22.2

 

Cerillion, the billing, charging and customer relationship management software
solutions provider, is pleased to announce the release of Cerillion 22.2, the
latest version of its flagship product suite, predominantly used by
telecommunications companies.

 

This new release features in particular a major upgrade of the 'Wholesale
Gateway' module, which supports the automation of the wholesale operations of
network operators ("NetCos"). The upgraded module speeds up the on-boarding
process of NetCos' new service provider partners ("ServCos"). It also
simplifies the integration of business support systems between NetCos and
ServCos, whilst providing a high level of security for NetCos through a
dedicated authorisation layer and comprehensive API (application programming
interfaces) management policies.

 

The upgraded module builds on the Company's long-established experience in
providing business support systems/operations support systems solutions
("BSS/OSS") to both wholesale and retail Communications Service Providers
("CSPs"). It comes at a time when CSPs are increasingly separating the
functions of network operations and service provision into two distinct
business entities. Investor interest is also supporting this structural
separation.

 

Cerillion 22.2 also introduces further flexibility for CSPs to tailor the
product to their individual requirements. Custom fields and page layouts can
now be adapted with an intuitive drag-and-drop page editor. This allows system
administrators to make adaptations quickly and easily, without the need for
code changes, while still benefitting from all the commercial and operational
advantages of using a SaaS product.

 

Louis Hall, CEO of Cerillion, commented:

 

"We are pleased to have launched Cerillion 22.2, the latest version of our
pre-integrated software suite. Cerillion 22.2 further supports the major shift
in the marketplace whereby communication services providers are separating
network operations and service provision into two separate business entities.

 

"While structural separation has been around in some markets for the best part
of twenty years, this fundamental change is now being driven by investors
rather than regulators.

 

"Our technology addresses the needs of both network operators and service
providers - whether large or small-scale - putting Cerillion right at the
forefront of this new wave of opportunities."

 

 

 Cerillion plc                  c/o KTZ Communications
 Louis Hall, CEO                T: 020 3178 6378
 Andrew Dickson, CFO

 KTZ Communications             T: 020 3178 6378
 Katie Tzouliadis, Dan Mahoney

 

About Cerillion

www.cerillion.com

 

Cerillion is a leading provider of mission critical software for billing,
charging and customer relationship management ("CRM"), mainly serving the
telecommunications market but also other sectors such as utilities and
financial services. The Company currently has c.80 customer installations
across c.44 countries. Headquartered in London, Cerillion also has operations
in India, where its Global Solutions Centre is located, Australia and
Bulgaria.

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