DALEEN AND DSET FORM STRATEGIC ALLIANCE
Companies announce agreement to provide comprehensive
solutions for data and communications customers
BOCA RATON, Florida, July 19, 2000 - Daleen Technologies,
Inc. (Nasdaq: DALN) and DSET Corporation (Nasdaq: DSET) announced
today that they have signed a strategic alliance agreement
under which the companies will engage in joint marketing,
selling and other strategic activities targeting new and existing
customers. The strategic alliance responds to the market's
need for end-to-end solutions and will enable Daleen and DSET
to offer customers a more comprehensive solution set.
As part of the strategic relationship, Daleen has granted
DSET the exclusive distribution rights to license and resell
the following electronic bonding gateways optimized for the
Canadian market.
RequestFlowTM for automated
composition and interchange of Local Service Requests (LSRs)
and Access Service Requests (ASRs) between service providers
as trading partners.
PicWareTM for flexible
Primary Inter-exchange Carrier/Customer Account Record Exchange
(PIC/CARE) that provides both local service and long distance
providers with fully automated processing of their PIC orders
and supporting transactions.
VoyagerTM for easily configurable
Local Number Portability (LNP) that provides Service Order
Administration (SOA) capabilities to facilitate streamlined
porting of local numbers.
Through the alliance, DSET will broaden its product portfolio
to provide customers in Canada with these products matched
to Canadian technical standards. To serve customers in the
Canadian market, DSET will also establish a subsidiary in
Toronto, Canada. DSET and Daleen will work together to provide
product enhancements, local technical support, installation,
training and field engineering services. DSET will also introduce
other existing OSS interconnection products to further penetrate
the Canadian market, where Daleen has established a strong
customer base.
Daleen's Canadian customers will benefit from this alliance
through the strength and focus of DSET, the market leader
in providing interconnection solutions for the telecom industry,
together with Daleen's world-class eBusiness infrastructure
solutions. This strategic alliance will enable Daleen and
DSET together to leverage each other's business relationships
to offer complementary capabilities for meeting the OSS and
interconnection needs of service providers. As a part of the
strategic relationship, DSET has also joined the Daleen Solution
Partner (DSP) Program. This program is designed to deliver
comprehensive integrated solutions to customers through the
use of open standardized application programming interfaces
(APIs), resulting in reduced time and costs typically associated
with implementing an OSS solution.
"The relationship enables us to expand the value we
can provide our joint customers. DSET is a leading gateway
company and partnering with them provides customers with access
to a wide variety of their gateway products for a more complete
solution," said Jim Daleen, chairman and CEO for Daleen
Technologies.
"We think that it's a great move for both companies.
We will have opportunities to sell multiple products into
a new geographical market for DSET, and Daleen's strong presence
in the integrated communications provider, ASP and IP data
markets will help us to expand our market presence,"
said Bill McHale, DSET's CEO and president.
DSET has been exploring the market opportunity for its electronic
bonding gateway business in Canada and recognized that the
interface standards in Canada warranted new product development
efforts. The selection of the Daleen gateways for distribution
in Canada is an attractive alternative to new internal development
efforts and will provide DSET with critical time-to-market
advantages over internal development. "Daleen, has spent
over two years building the OSS Interconnection product line
for the Canadian market, successfully achieving market leadership.
This new alliance will position DSET, which has achieved gateway
market leadership in the US, to enter the Canadian market
with a running start and to capture the dominant position
in Canada as well," said McHale.
About DSET
DSET Corporation (Nasdaq: DSET) is a leading provider of business-to-business
e-commerce connectivity solutions for the global telecommunications
marketplace. The DSET suite of electronic-bonding gateways
is designed to interconnect the operations support systems
(OSSs) of service providers that must exchange information
and share network capabilities with trading partners to provision
and maintain a growing range of services for customers in
the competitive telecom market. DSET's local number portability
solutions play a key role in enabling business and residential
customers to change service providers without changing their
local phone numbers. DSET is headquartered in Bridgewater,
New Jersey, and the company's Web site can be viewed at www.dset.com.
About Daleen
Founded in 1989, Daleen (Nasdaq: DALN) is a leading provider
of solutions that bond businesses and customers in the digital
economy. Daleen's software solutions provide mission critical
customer and partner management support for businesses that
offer voice, data, web and applications hosting services over
packet and circuit-switched networks. Daleen's eBusiness software
products include eCare, for Internet-self care and partner
management, BillPlex®, for customer management and billing,
and SwitchFlowä, for service activation. The company
distributes its eBusiness software products throughout the
world via Business Alliance Partners and other leading certified
systems integrators including, Business Edge, Cap Gemini,
Danet, Ernst & Young, Prolan and Unisys. Daleen is an
active participant and provides leadership in industry forums
such as the Global Billing Association, Ordering and Billing
Forum (OBF), Internet Protocol Data Record (IPDR) working
group, TeleManagement Forum and the Application Service Provider
(ASP) Industry Consortium. In addition to its Boca Raton,
FL headquarters, Daleen has regional offices located throughout
the United States, and Toronto and London. For additional
information regarding Daleen's products and services, visit
the company web site at www.daleen.com.
Contacts:
Sheryl Pattek
VP of Marketing
Daleen Technologies Inc.
561.981.2005
Fax: 561.999.8005
spattek@daleen.com
Garrick T. Case
PR Plus International
352.735.0048
gtcprplus@aol.com
Dean Maskevich
Marketing Communications
DSET Corporation
908.526.7500 ext. 1366
dmaskevi@dset.com
Statements in this release including future
performance, business objectives, product plans and intended
results from marketing alliances are forward-looking statements.
These statements are based on assumptions about a number of
factors and involve risks and uncertainties that could cause
actual results to differ materially from what appears in this
release. Key factors include Daleen's and DSET's dependence
on the continued market acceptance of their respective products
and business strategies, the ability to establish, maintain
and effectively implement relationships with one another,
and the ability to capture significant market share. Readers
are encouraged to review the additional risks and important
factors described in Daleen's and DSET's SEC filings.
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