Released on = June 14, 2006, 3:58 am

Press Release Author = Priyanka Shah

Industry = Software

Press Release Summary = Elitecore Technologies has announced a change of name from
JISP Billing to Crestel Convergent Billing. Crestel accurately depicts the
end-to-end capabilities of the solution which are in tune with the market movement
towards triple-play convergence.

Press Release Body =
(Ahmedabad, India, 14 June, 2006)

Elitecore Technologies has announced a change of name from JISP Billing to Crestel
Convergent Billing. Crestel accurately depicts the end-to-end capabilities of the
solution which are in tune with the market movement towards triple-play convergence.

Crestel is based on a convergent billing framework, providing next generation
triple-play services to wireline and wireless networks over a single platform.

“Crestel represents our core concept of building Scale with Margins in rapidly
emerging economies like India and China,” says Nikhil Jain, President and COO,
Elitecore Technologies, vendor of Crestel. “Considering the low penetration in
these economies, operator concerns involve rapid scale rollouts while delivering
high-end, value-added services simultaneously. This requires deep segmentation and
high level of innovation at both ends,” he adds.

Crestel’s Convergent Billing framework delivers scale with margins by
facilitating convergence at the customer, OSS and BSS level, while enabling fine
segmentation at the customer, service and geographic levels.

Crestel’s modular architecture delivers billing, customer care, mediation and
provisioning, offering great flexibility and scalability to service providers.

Crestel successfully handles the billing and customer care functions of tier-1
telecom providers like BSNL and MTNL in India. It accounts for 90 per cent market
share in the Internet post-paid dial-ups and more than 35 per cent share of the
Internet prepaid dial-ups in India. Crestel’s client list includes GSM and
CDMA clients. Crestel holds a strong presence in the Asia, Middle-East and African
regions.

In connection with the name change the company has also launched an updated logo
with an enhanced corporate website at www.crestel.in. Crestel is being presented at
Stand E1-07, Hall 4 at CommunicAsia, Singapore being held between 20-23rd June 2006.
Company personnel would be available for queries.

About Elitecore Technologies
Elitecore Technologies combines an innovative approach with deep business knowledge
to offer convergent billing solutions for voice, video and data services over
wireline and wireless networks. Crestel equips service providers with the resilience
to build successful convergence, together with the intelligence to create fine
segmentation, enhancing profit margins. Open, expandable APIs, make Crestel a
future-proof solution, empowering clients to deliver great customer service,
introduce innovative revenue-generating products rapidly, reduce total cost of
ownership and enjoy scale with margins.

For more information on Crestel, please visit www.crestel.in.

Media Contact
Priyanka Shah
Executive-Marketing
priyanka@elitecore.com
+91-79-26405600





Web Site = http://www.crestel.in/crestel.html

Contact Details = 904,Silicon Tower,
B/h,Pariseema Building,
Off.C.G. Road,
Ahmedabad-380009
Ph:_91-79-26405600
priyanka@elitecore.com