Mind CTI
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| Type | Public |
|---|---|
| Traded as | NASDAQ: MNDO |
| Industry | Software, Communication systems, IT |
| Founded | 1995 |
| Headquarters | Yokneam, Israel |
| Key people | Monica Iancu (President and CEO) |
| Products | Telecommunications billing, Customer care, |
| Revenue | US$ 5.3 million (2010 Q1) |
| Employees | 300 (2010) |
| Subsidiaries | MIND CTI Inc. |
| Website | www.mindcti.com |
MIND CTI Ltd. (NASDAQ: MNDO) is a global provider of billing and customer care solutions for voice, data, video and content services. Headquartered in Yokneam, Israel; the company also has offices in Silver Spring, MD, Reading, England and Iaşi , Romania.
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[edit] History
MIND CTI (Computer telephony integration) was founded in 1995 by current chairperson and CEO Monica Iancu in Yokneam, Israel. In 1999 it had an initial public offering on NASDAQ. Later in 2002 the company’s shares were also listed on the Tel-Aviv Stock Exchange[1] and were include in the TA-100 Index of leading shares for a while, but on November 5, 2009 the company delisted from the Tel-Aviv Stock Exchange (TASE: MNDO) and remains listed with NASDAQ.[2]
[edit] Company Held Auction Rate Securities
In 2009, MIND CTI had two-thirds of its cash (USD 20.3 million) tied-up in collateralized debt obligation (CDO) bonds issued by Merrill Lynch and was in dispute with its financial adviser. [3] [4]. MIND CTI subsequently recovered 18.5 million USD in an arbitrated settlement in late 2009.[5]
[edit] Customers
The company’s customers include communication providers as well as new service providers in over 40 countries across the globe: Romtelecom, Moldtelecom, China Unicom, H3G Italy, Intelco International Telecommunications, Telefonica Del Peru, SingTel, Sri Lanka Telecom, Verizon and many others.[6]
[edit] Products
MIND CTI products include:[7]
- VoIP and NextGen Billing
- Convergent Operational and Business Support Solutions (OSS/BSS)
- 3G Mobile Billing
- Broadband and Cable OSS/BSS solutions
- WiMAX Billing
- Integrated Point of Sale solutions for GSM and CDMA operators
- Turnkey Prepaid Systems
[edit] See also
[edit] External links
[edit] References
- ^ Pincas, Gitit, "Mind CTI plans acquisitions", Globes - 30.12.2004, http://www.ivc-online.com/ivcWeeklyItem.asp?articleID=2617, retrieved 2009-11-12
- ^ "IND CTI Reports Results for the Third Quarter 2009 - MIND to Delist From TASE", Marketwire - November 5, 2009, http://www.marketwire.com/press-release/Mind-Cti-Ltd-NASDAQ-MNDO-1071894.html, retrieved 2009-11-12
- ^ MIND CTI press release April 2009, (from marketwire)
- ^ The Washington Post December 2008, The Crash: What Went Wrong?
- ^ MIND CTI, "6-k", SEC.gov Edgar, http://www.sec.gov/Archives/edgar/data/1119083/000117891309002152/zk97231.htm, retrieved 2010-01-05
- ^ Mind CTI - Customer Success Stories, http://www.mindcti.com/about/customer_success_stories.asp, retrieved 2009-11-12
- ^ Mind CTI - Our Solutions, http://www.mindcti.com/about/our_solutions.asp, retrieved 2009-11-12
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