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Wed, February 18, 2009

CTI Group (Holdings) Inc.: CTI Group Is Going Green With the Launch of New Electronic Billing and Invoice Management Solutions


Published on 2009-02-18 06:22:22, Last Modified on 2009-02-18 06:23:51 - Market Wire
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INDIANAPOLIS, IN--(Marketwire - February 18, 2009) - CTI Group (Holdings) Inc. (OTCBB: [ CTIG ]), a developer of wireless and VoIP recording, analysis and invoice management applications, announces today that their United States operation is now offering a new suite of electronic billing and invoice management (eBilling) products.

CTI Group has over 30 years of success with their legacy electronic billing and invoice management solutions with companies like CenturyTel and Cox Business which is now combined with the extraordinary success that the new eBilling suite of products has had in Europe. The eBilling suite of products includes Dynamic Reports, an electronic billing and invoice solution, and Analysis, an online reporting tool that analyzes eBilling information to provide the most helpful and customized reports possible.

Dynamic Reports is a 'push' analysis product for residential and small businesses that is delivered to your PC or mobile phone via e-mail, in HTML format. Not only does Dynamic Reports offer a green and ecologically friendly alternative to the traditional paper bill, but it also provides businesses with a cost savings opportunity. By processing bills electronically, companies can alleviate the paper, postage and processing costs incurred in traditional paper billing.

CTI Group's eBilling product suite also includes a tool for medium and large businesses to analyze and provide customizable reports to identify areas of interest, trending, and potential cost saving opportunities. Rather than scouring through paper bills line by line, the Analysis product allows companies to quickly and easily analyze their telecom activities and expenses.

Benefits of eBilling suite of products:

 -- Cost Savings - alleviate paper, postage, processing costs -- Non-Price Related Market Differentiator - Go Green -- Faster bill payment - cash in hand -- Lower billing enquiry costs -- Improve customer satisfaction 

"CTI Group is synonymous with high quality, feature-rich eBilling products and adding this new, highly developed, suite of products to our US offerings is very exciting. The success that these products have seen in the European market, where we support the top five mobile carriers, plus many smaller ones, is a great launching pad for their success in the US market," said John Birbeck, CEO, CTI Group, Inc.

With the downturn in the economy, everyone is looking for a way to cut costs, run more efficiently, and differentiate themselves from their competition. These eBilling products do just that. By going green, your company is a step above the rest and is still able to reap the benefits of a highly productive, electronic approach at billing and analysis.

About CTI Group

CTI Group (Holdings) Inc. is an international provider of electronic invoice management, VoIP and mobile telephony applications. CTI Group's product suites offer a full array of solutions from call recording and call accounting to e-billing and analytics. CTI Group's products are used by some of the top service providers and major corporations in North America and Europe. Headquartered in Indianapolis, CTI Group maintains an overseas office in London and another in Blackburn. For more information, please visit CTI Group's website at [ www.ctigroup.com ].

Safe Harbor Statement

This release may contain "forward-looking" statements. Examples of forward-looking statements include, but are not limited to: (a) projections of revenue, capital expenditures, growth, prospects, dividends, capital structure and other financial matters; (b) statements of plans and objectives of CTI Group or its management or Board of Directors; (c) statements of future economic performance; (d) statements of assumptions underlying other statements and statements about CTI Group and its business relating to the future; and (e) any statements using the words "could," "should," "anticipate," "expect," "may," "believe," "intend," "will" or similar expressions. CTI Group's ability to predict projected results or the effect of events on CTI Group's operating results is inherently uncertain. Forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those discussed in this document. In addition to information provided elsewhere in this document, shareholders should consider the following: the risk that CTI Group will not be able to attract and retain customers to purchase its products, the risk that CTI Group will not be able to commercialize and market products; the risk of results in research and development; the risk of technological advances by third parties; the risk of competition; the history of operating losses; the dependence upon key personnel and general economic and business conditions. Readers are referred to documents filed by CTI Group with the U.S. Securities and Exchange Commission, including the Form 10-KSB for its most recent fiscal year ended December 31, 2007.

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