asentinel 5.0 - Telecom Expense Management Software

Contact:

United Kingdom
Roger Annett
01628 472943
07979 962418

United States
Katie Wassmer
Thompson & Berry PR
(901) 527-8000

Asentinel to Debut First Worldwide Telecom Expense Management Software in London

MEMPHIS, Tennessee, April 21, 2005 - Next week in London, Asentinel, a leading U.S. Telecommunications Expense Management (TEM) company, will debut the industry's first software solution designed to meet the needs of multinational corporations, David C. Perdue, Asentinel CEO, announced today.

A breakthrough in technology, the Asentinel 4.0 release is the only solution available allowing global corporations to automate both domestic and international TEM within the same application. The World Wide Module will be demonstrated during a series of meetings April 26-28, 2005 at the Royal Air Force Club in London.

Eliminating disparate data and consolidating information, Asentinel's patent-pending software is web-based and merges global invoices, vendor contracts, and telecom assets. The result is a truly centralized repository making worldwide enterprise reporting available on telecom audits, bill reconciliation, usage levels, allocation and more.

While centralization is valuable for reporting, decentralization is necessary for accountability. Asentinel's Web-based interface allows users all over the world to log into the password protected system to review, analyze disputes and approve telecom expenses. The application also converts financial data to any world wide currency with real-time exchange rates applied.

"Asentinel's World Wide Module gives telecom professionals a truly global perspective on TEM," said Jason Fisher, vice president of software engineering for Asentinel. "For companies that have different silos around the world for processing telecom data, Asentinel standardizes business processes and allows an apples to apples comparison of expenses."

While a limited number of spaces are available, Interested Global 2000 companies can call to inquire about viewing the demonstration by calling Roger Annett at 01628 472943 or 07979 962418.

Written in Java, Asentinel's comprehensive telecom expense management software automates the process of telecom invoice management in real time, analyzing every invoice against vendor contracts, hidden costs, active inventory, and flagging every exception. As a result, clients' telecom expenses decline while internal processing time is greatly reduced, simplified and streamlined.

After nearly tripling its sales in 2004, Asentinel expects equal or better increases in 2005 as it grows its list of Fortune 1000 companies and government entities that realize the power of automated telecom expense management. For more information, visit Asentinel at www.asentinel.com.