Free Press Release Center Logo
   
  Home | About Us | Sample Press Release
  Press Release Articles | Press Releases and SEO | Press Release Book  
 

Openrate Releases Version 1.1 of Their Commercial Open Source Mediation and Rating Engine

Consolidates OpenRate's position as the leading commercial open source mediation and rating engine, providing a mature, high performance transaction processing for companies in the telecommunications, utilities and logistics sectors.

 Print View   

March 27, 2010 (FPRC) -- Bristol, United Kingdom - Tiger Shore Management Ltd, the operating company behind the OpenRate open source mediation and rating engine for use in telecommunications, utilities and logistics environments, today announced the release of the long awaited Version 1.1 of their flagship product. The OpenRate V1.1 “Convergent” release consolidates the improvements made during 2009 and the early part of 2010 in the real time processing framework, meaning that OpenRate now offers a true “configure once, use anywhere” high performance charging engine.

"With this release, we are offering a mediation, charging and rating engine which offers world class performance, and a full and extensible capability. Our customers can rest assured OpenRate is able to support their business, regardless of what function, payment model or service they provide," said Ian Sparkes, OpenRate's Founder, and Chief Architect. "We have created a low cost solution that absolutely does not compromise on feature set or flexibility, while offering the ability to adapt to whatever existing components in the rating and billing landscape."

About OpenRate
The OpenRate mediation and rating engine is a highly modular transaction engine for calculating the costs of events (for example telephone calls, or utility meter readings) either in real time or batch processing. The engine also provides easy access to authorization of service usage based on the amount of credit a subscriber has, making it ideal for AAA applications.

OpenRate is a fully open source product, professionally supported with a dual licensing strategy that makes it accessible to both end user organizations and service providers or resellers.

Openrate, was founded in 2006 and is based in Bristol, United Kingdom with branch offices in Italy.

For additional information, please visit www.open-rate.com.

###

OpenRate and the OpenRate logo are trademarks of Tiger Shore Management, Ltd.

Send an email to Ian Sparkes of Tiger Shore Management Ltd
+41796166837



Press releases by industry
Advertising
Aerospace and Defense
Architecture
Arts and Entertainment
Audio and Video
Automotive
Baseball
Basketball
Beauty
Beverages
Business
Chemicals
Christianity
Communication
Computers
Consumer
Crops
eCommerce
Economy
Education
Employment
Energy
Environment
Events and Trade Shows
Fashion
Finance
Food
Football
Forestry
Golf
Government
Hardware
Healthcare
Holidays
Human Resources
Immigration Services
Information Technology
Insurance
Internet
Investment Services
Legal
Leisure
Lifestyle
Linux and Open Source
Maritime
Media
Non-Profit
Photography
Plumbing and Heating
Politics
Public Relations
Railroads
Real Estate
Religion and Faith
Restaurants
Retail
Science
Society
Software
Sports
Technology
Television
Toys
Trade
Transportation
Travel and Tourism
Trucking
Volunteer
Waste Management
Water

[ Vist our sister sites: Linux news | Bible Study Tool ]

Site design and layout copyright 2005-2015 Free Press Release Center