Method Takes the Guesswork Out of Confusing Telecom Offerings

THE WOODLANDS, TX - June 7/PRNewswire-- Teligistics, a seven-year old Telecom Financial Management company founded and based in the Houston, TX area announced today that The U.S. Patent and Trademark Office issued a patent on their "Apparatus and Method for Comparing Rate Plans on a Net-Net Basis" invention.

David Roberts, CEO of Teligistics and inventor of the patented methods noted, "The processes we have developed are the only accurate way to analyze telecom carrier offerings on a true cost basis for an enterprise.This patent validates our processes which help enterprises procure telecom services and manage the complex billing generated by those providers".

"Telecom service offerings have traditionally been a bait-and-switch game, with the telecom providers overwhelming end-users with complicated contracts and even more complex billing structures", Roberts states."Our patented methods are the only true method for accurately analyzing these offerings", he added.

Telecom services purchasing has become a minefield, wrought with hidden fees which many times are disguised as regulatory charges.Adding to the issue is the high rate of billing errors associated with telecom-related billing platforms.Roberts stated that Teligistics clients under management have experienced as high as a 23% billing error rate from their telecom providers.

Roberts added, "We are extremely pleased that this patent was issued.We were the pioneers regarding telecom financial management and the first with this type of proprietary processes."

Asked about the Teligistics' planned use of its patent, Roberts stated, "We are investigating possible infringement of our intellectual properties and plan to pursue licensing arrangements or legal action if necessary.In some cases, possible infringers may not even be aware that our patent has issued.Our patent is not limited to telecom, but can also be applied to all utilities."

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.

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