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MDSL expands TEM capabilities through acquisition of leading US telecoms consulting firm

A total telecoms expense management solution, bringing global customer benefits.

London, New York and Stamford CT, 16 July, 2007 - MDSL, the leading provider of OnDemand telecommunications expense management (TEM) solutions announced today the acquisition of long term telecoms consulting partner Union Square Associates Inc (USAI).

The newly enlarged organization brings together two of the most successful companies in the TEM world and represents the only TEM company proven capable of providing the full range of TEM services to globally deployed customers. USAI provides global Fortune 1000 companies with telecoms professional services including audit, optimization, contract negotiation, benchmarking, sourcing, inventory management and invoice processing.

Ben Mendoza, CEO of MDSL said “We have listened carefully to our global TEM user group, the leading independent analysts and the marketplace at large. As a result, we have taken positive action to position ourselves so that we continue to meet the needs of our current and future customers. Today’s demanding companies want to receive specialist assistance in every area of telecoms management, and it is much easier for them if they can get this assistance from a single supplier.”

“MDSL has worked in partnership with USAI since early 2003, and has always been tremendously impressed with the quality of the USAI people, the customer service they provide, and the fantastic results they have achieved for our customers when deploying our TEM software and business process automation products. Their deep understanding of telecoms combined with customer experience as end users of our products is invaluable in driving forward our future software development.”

Ton Mathissen, former president of USAI, joins the MDSL board as Director of Professional Services said: “Being part of MDSL gives us global reach. Most of our customers look for a global TEM solution and now, as one company, we are ideally positioned to provide best in class services around the world.”