Press Release

Tuesday - August 31, 2005

Company Press Release - For Immediate Release

SOURCE: Teligistics, Inc.

Teligistics Online Telecom Procurement Suite Launched

Firm is First to Market with Rapid Deployment Telecom RFP Application

THE WOODLANDS, TX - Aug 30/PRNewswire -- Teligistics, a seven-year old Telecom Financial Management company based in the Houston, TX area announced today that they have successfully launched a web-based Telecom procurement and RFP management application used for purchasing telecom services.

David Roberts, CEO of Teligistics notes, "This online telecom (RFP) request-for-pricing tool was developed in response to enterprise telecom users who have expressed a pressing need for a web-based application to create, launch and manage the telecom procurement process.Part of the dilemma faced by telecom managers, IT Directors and CIO's is the ability to effectively structure a formal pricing request properly and in a timely manner and then to be able to analyze the responses in a true apples-to-apples comparison for awarding contracts.Additionally, many enterprise users do not allow sufficient time to structure pricing requests before existing term agreements expire.Delays put the enterprise user at a distinct disadvantage from a leveraging standpoint.This RFP Management Suite allows quick deployment in order to leverage the market."

Teligistics has negotiated almost $3 Billion in overall telecom contract value over the last seven years for their clients.This vast experience has allowed Teligistics to structure "Best in Class" deals for their clients by capitalizing on their highly specialized knowledge set.

"Our experience dealing with telecom providers for long distance, wide area networks, Internet access, local dial tone and wireless services on behalf of our clients was a tremendous influence in building this online RFP management suite in such a way that any enterprise could use it and deploy it rapidly, if necessary.The typical RFP process for a large enterprise can take months.This application can shorten the process to a matter of a couple of weeks," stated Roberts.

Timely deployment and negotiation of telecom contracts can literally mean millions of dollars in savings and/or elimination of contract penalties.Teligistics employs a "Lifecycle Management" approach to telecom management for clients.This "Lifecycle Management" approach includes contract negotiation, vendor management, auditing and billing accuracy and optimization strategies.

Roberts also states, "Telecom procurement and contract negotiation is typically handled once every 2 or 3 years by telecom staff, IT personnel or the CIO or CFO.The problem this creates is that these personnel are at a distinct disadvantage negotiating with telecom carrier negotiation teams who negotiate daily.The typical enterprise client does not have insight into current market pricing, telecom carrier bait and switch techniques and current contract terms.The simple fact is that a contract negotiated by Teligistics will be superior in pricing and contract terms than what a typical enterprise can achieve working unilaterally without an expert.This difference can literally cost the enterprise millions of dollars over the term of the contract."

Teligistics has built this knowledge into their Online Telecom RFP Management Suite and has the ability to update it as conditions in the market change.Teligistics offers this suite in a managed environment or a licensing arrangement for enterprise users.This suite also includes Teligistics' proprietary "Telecom Decision Matrix"® used for compliance issues with The Sarbanes-Oxley Act for awarding large telecom contracts.

 

Teligistics is a leading telecom financial management firm which specializes in reducing telecom related expenses, including long distance, local, wireless and associated wide-area network costs for enterprise clients nationwide.The Teligistics management suite encompasses telecom procurement management services, contract lifecycle management services, telecom invoice auditing and processing and telecom consulting services.Teligistics has literally saved their clients millions of dollars annually, averaging an average impact of a 42% reduction for clients nationwide.

Teligistics was awarded a U.S. Patent in 2005 for their proprietary process for analyzing and comparing competing offers from telecom providers.

Information about Teligistics can be found at www.teligistics.com or by contacting the Corporate Headquarters at 281-296-2455.