Fiercewireless names Transverse as one of its "Firece 15" wireless companies of 2009

Transverse on Leading Edge of Wireless Technology


Austin, TX. - May 20, 2009 -
Transverse, a leader in providing high-quality, low-cost, carrier-grade business support systems (BSS), announced today that it has been named to the annual FierceWireless "Fierce 15" list, designating it as one of the top wireless companies of the year. FierceWireless editors evaluated hundreds of organizations, and found Transverse to be amongst the "fiercest," proven by their creativity and innovations in the marketplace.

FierceWireless, an internationally recognized daily email newsletter reaching more than 70,000 senior wireless industry executives, provides executives in over 100 countries with a quick, authoritative briefing on the day's top wireless stories, including new trends and technologies.

"Transverse brings an open source platform to legacy back office and billing systems allowing carriers to upgrade their systems without a major overhaul," said Sue Marek, Editor-in-Chief of FierceWireless.

Transverse's BSS solution business logic execution environment platform, or blee(p), is unique in the industry as it is based on a SOA and Web Services architecture and leverages open source for agility and lower cost of ownership. This approach enables communications service providers to more easily monetize their customer relationships by enhancing the real-time user experience in areas such as gaming, entertainment, social networks, event notification, location based services, etc.

"As Transverse continues to deliver on the promise of a much needed technology refresh in the wireless back office, it is gratifying to be recognized in the 2009 FierceWireless 'Fierce 15' list." said Jim Messer, chief executive officer of Transverse. "The carrier community has been asking for a state-of-the-art BSS platform to support their move into a two-sided business model. They want to break away from a market built on vendor lock-in and no access to the source code for their mission critical BSS applications. Our commercial open source blee(p) solution reduces complexity and total cost of BSS ownership for wireless service providers of all sizes, and is aimed at reducing the financial risks associated with rolling out new business models by aligning back office infrastructure with business goals."

The FierceWireless "Fierce 15" celebrates the spirit of being "fierce" - championing innovation and creativity, even in the face of intense competition. The complete list of winning companies is available on the FierceWireless Web site at Fiercewireless website.

About FierceMarkets
FierceMarkets, a leader in B2B e-media, provides information and marketing services in the Telecommunications, Life Sciences, Healthcare, IT, and Finance industries through its portfolio of e-mail newsletters, Web sites, webinars, and live events. Every business day, FierceMarkets' wide array of publications reaches more than 800,000 executives in over 100 countries. Current publications include: FierceBiotech; FierceBioResearcher; FierceBroadbandWireless; FierceCIO; FierceCIO:TechWatch; FierceContentManagement; FierceDeveloper; FierceFinance; FierceFinanceIT; FierceGovernmentIT; FierceHealthcare; FierceHealthIT; FierceHealthFinance; FierceIPTV; FierceMobileContent; FierceMobileHealthcare; FierceMobileIT; FiercePharma; FierceSarbox; FierceTelecom; FierceOnlineVideo; FierceVaccines; FierceVoIP; FierceWireless; FierceWireless:Europe; and Hospital Impact.

About Transverse
Transverse is an Austin Texas-based provider of business support systems. The company specializes in providing innovative solutions to complex business environments characterized by sophisticated ordering and fulfillment processes, subscription and usage based charging models, virtual / digital products, pre-paid billing authorization and micro-payments.

As a solutions company focused on tapping the value of SOA and web services architecture models, Transverse provides customers with greater business agility and business model innovation under a commercial open source model. The company’s core offerings include strategic architecture, application portfolio selection and assembly, billing, order management and customer care applications. For more information visit, www.gotransverse.com.

Press Contacts
Gilly Harris
Director of Marketing Communications
Transverse
512-355-1104 x104
gharris@gotransverse.com

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