TTI Telecom Announces Adjournment of Special General Meeting
21 Maggio 2010 - 9:20AM
TTI Team Telecom International Ltd. (Nasdaq:TTIL) ("TTI Telecom'),
a global supplier of Operations Support Systems (OSS) to
communications service providers, today announced that the special
general meeting of shareholders scheduled for May 20, 2010, was
adjourned due to the lack of requisite quorum.
The special meeting has been adjourned to Thursday, May 27,
2010, at 5:00 p.m. (Israel time), at the offices of the Company, 12
Amal Street, Afek Park, Rosh Ha'ayin, Israel. Accordingly,
shareholders who have not voted as of yet are encouraged to submit
their votes. Proxy cards must be received not later than
seventy-two (72) hours before the meeting (as adjourned).
As described in the proxy statement and in accordance with the
Company's Articles of Association, if, at such adjourned meeting, a
quorum is not present within half an hour from the time appointed
for holding the meeting, any two shareholders present in person or
by proxy shall constitute a quorum.
The record date for shareholders entitled to vote at the special
meeting remains the close of business on April 16, 2010.
About TTI Telecom:
TTI Team Telecom International Ltd. ("TTI Telecom") is a leading
provider of next generation Operations Support Systems (OSS) to
communications service providers worldwide. The company's Netrac
portfolio delivers an automated, proactive and customer-centric
approach to service assurance and network management.
Anchored by market-leading service assurance solutions – Fault
Management (FaM) and Performance Management (PMM) – that give
customers an end-to-end view of their network, TTI Telecom's Netrac
enables service providers to reduce operating costs, enhance
profitability and launch new, revenue-generating services more
rapidly. Netrac is compatible with multiple technologies and
industry standards, and is uniquely positioned to bridge legacy,
next-generation, convergent, and IMS Networks. TTI Telecom's
customer base consists of tier-one and tier-two service providers
globally, including large incumbents in the Americas, Europe and
Asia-Pacific.
Forward looking statements in this release involve a number of
risks and uncertainties including, but not limited to, product
demand, pricing, market acceptance, changing economic conditions,
risks in product and technology development, the effect of the
Company's accounting policies as well as certain other risk factors
which are detailed in the Company's SEC filings.
CONTACT: TTI Telecom
Rebecca (Rivi) Aspler, Investor Relations Manager
+972-3-926-9093
Mobile: +972-54-777-9093
Fax: +972-3-926-9574
rebecca.aspler@tti-telecom.com
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