Luxembourg, 13th October 2010:  XINTEC S.A. announced this week that its award winning fraud management system, FMSlite™, has been selected by New Zealand’s newest mobile network 2degrees.

The fast-emerging entrant  was looking for an affordable yet powerful fraud management system (FMS) to detect fraud at multiple levels, including prepay fraud, to ensure the network is protected from the outset. FMSlite™ is a transaction-based FMS that analyses both mobile and fixed line switch call records to detect fraudulent activity in near-real time.

According to Steven Fast, Chief Finance Officer at 2degrees, FMSlite™ meets just about all of the company’s needs at this time.

“The fact that FMSlite™ is an already proven cost-effective solution, and comes with the highest industry recommendation, has greatly simplified our choice. Flexibility is what’s most important to us, and we are looking forward to working with XINTEC in the future.”

“We’re delighted by this opportunity to work with such a highly professional team at 2degrees. This win marks a strategic entry to the Pacific region, confirming XINTEC’s positioning in the small- to mid-tier market segment today.” says XINTEC CEO Sean Killeen.

XINTEC markets software solutions for fraud detection, revenue assurance and roaming to communication service providers worldwide. The company’s analytics and data manipulation technology allows clients to monitor end-user behavioural patterns in near-real time.

About Two Degrees Mobile Limited

2degrees was launched in August 2009 and gained over 206,000 subscribers in its first six months of operations. As the third entrant, 2degrees has challenged the incumbent nature of the industry, bringing New Zealand consumers greater value in terms of mobile pricing along with a range of innovative new products and services.

2degrees has built a 2G and 3G network and has over 50 roaming agreements with other mobile operators from around the world.

Contact: Bryony Hilless
www.2degreesmobile.co.nz