Lavastorm Technologies Announces 3rd Generation Product Release

August 22, 2005 (PRLEAP.COM) Business News
August 2005 - Boston, MA - Lavastorm Technologies, a Martin Dawes Systems Company, announced today the general availability of Release 3.0 of its award winning revenue and business assurance software and analytic platform. The new release includes improved usability and functionality, which will allow carriers to more quickly and easily deploy solutions that directly impact their bottom line.

Within the last 30 days, the software has been installed in two of the largest Tier 1 communications carriers worldwide with another major contracted carrier slated for installation in the next 30 days.

“Our goal with this release was to build on existing capabilities for performing analytics on any data stream in a carrier’s operating environment. Lavastorm 3.0 will provide a level of analytical depth and breadth never before available to carriers and provide a framework that facilitates the identification and ultimate resolution of virtually any data issue,” said Drew Rockwell, CEO of Lavastorm. “We believe that carriers that focus broadly on this issue with a single platform can improve operating margins by 2-5%, while concurrently increasing customer satisfaction,” he added.

Powerful technology, market, and regulatory forces in the communications industry are creating a compelling business need for corporate assurance that can produce significant financial and operational results. Lavastorm 3.0 has been designed to specifically address this need by providing:

· Enhanced capabilities in the BRAINÔ Analytic Platform, which include a rich array of new object libraries to speed the acquisition of external data, speed and enhance the codification of business logic, and reduce the cost of implementation and maintenance

· A new Assurance and Resolution Center user desktop, where Lavastorm’s powerful analytics, user portals, executive reporting dashboards and workflow produce actionable results

· Enhanced functionality in the Visual Design and Development Suite, which enable carriers to utilize the most powerful capabilities to design and maintain audits, speeding time to market and reducing the cost of ownership

· New and enhanced Industry Best Practice Audits, including:
o New solutions for auditing Special Access Transport and Switch Access Transport products
o Introduction of the industry’s most sophisticated Usage Analysis Library,
o Improved solutions for performing Switch-to-Bill and Invoice-to-Bill audits
o Enhanced analytic libraries for performing hundreds of industry audits
o Upgrade of Lavastorm’s Cost Manager Application, to significantly improve carriers’ ability to acquire, validate, manage and settle trading partner invoices

Release 3.0 has been designed from the ground up to provide cross-functional value to key stakeholders inside of global operators:

Finance and P&L leaders get access to the broadest, deepest, and most intelligent audit capabilities in the marketplace. Lavastorm is the only software solution on the market that provides a platform that actively involves business subject matter experts in the rapid and visual definition of complex business rules. The visual and dynamic nature of Lavastorm 3.0 can be easily configured and managed to virtually eliminate false positive results - the bane of most revenue assurance initiatives.

Operating executives are driving for the ability to identify fallout, intelligently diagnose root cause and initiate people, process and systems remedies to improve performance. The BRAINÔ Analytic Platform enables this level of analysis.

Finally, IT executives have been demanding a single platform to manage data integrity as their network, OSS, and marketing offerings are undergoing seismic transformation. The extension of the Visual Design and Development Suite is aimed squarely at that need.


Media Contacts:

Lisa Grimshaw
Marketing Director
Martin Dawes Systems
Tel: +44 (0) 1925 555300
Mobile:+44 (0) 7715 168019
Email:Lisa.Grimshaw@mdsuk.com

Paul Stallard
éclat MARKETING
Tel:+44 (0)118 989 5600
Email: mds@eclat.co.uk
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