LONDON, June 26 /PRNewswire/ --     Based on its recent analysis of the communications billing
global software sector, the 2007 Stratecast Global Investment of R&D
Resources to Address Core Billing Needs Award is bestowed on Germany-based
LHS. Significant and sustained emphasis on R&D coupled with a high level of
R&D investments relative to its size, effective conversion of research into
innovative business solutions and successful use of technology to promote
integration, interoperability, and user-friendliness underpin the company's
receipt of this award.

Much of LHS's R&D investment has been in re-architecting BSCS,
componentising the products and bringing end-to-end real-time capabilities
and responsiveness to modules, particularly rating and billing. The BSCS iX
is the culmination of these efforts, with the rating engine, iX Rating and
the billing engine, iX Billing available in standalone configuration,
providing real-time rating and billing, respectively.

"LHS's forward-looking R&D investments have resulted in the
modernisation of its key product suite BSCS iX," says Stratecast Research
Analyst Karl Whitelock. "Such investments will allow the company to
effectively compete in the billing and related arenas in the future as
convergence of network technologies and the resulting exponential explosion
of service offerings take centre stage."

BSCS iX - an end-to-end billing and customer care application - includes
web-based customer care and contract management. All customers - prepaid and
postpaid, corporate accounts and business partners - are managed with a
single system. It also provides web-based customer self-care capabilities.

"BSCS claims to support full convergence across all markets, services and
payments - wireline and wireless, voice, data, content and IPTV, prepaid and
postpaid," notes Mr. Whitelock. "Moreover, BSCS iX scales from entry level up
to large Tier-1 subscribers."

Other impressive findings indicative of LHS's ability to
convert its R&D efforts into business results include a recent benchmark
study conducted by LHS, where BSCS iX rated more than 320 million usage data
records per hour. In addition, it generated 1.69 million invoices per hour in
offline mode and 550,000 invoices per hour in real-time mode.

The company is committed to using technology to advance integration,
interoperability and user-friendliness. "Within BSCS iX, business documents
are created in XML format, allowing for paper bills or electronic bills to be
defined in the layout needed by the carrier," explains Mr. Whitelock.
"Further, flexible XML output format enables bill generation in the necessary
layout and enables electronic billing for web-based customer self-care."

Open and standard-based APIs enable stepwise migrations, easier
integration with other systems and pre-integration with major financial
systems.

Each year Frost & Sullivan presents this award to the company that has
carried out extensive research and has, in general, a strong commitment to
research and development as demonstrated by the relative level of R&D
expenditures to the company's size. This Award recognizes a company's
research and development program that has or is expected to bring significant
contributions to the billing sector in terms of adoption, change, and
competitive posture.

Frost & Sullivan Best Practices Awards recognize companies in
a variety of regional and global markets for demonstrating outstanding
achievement and superior performance in areas such as leadership,
technological innovation, customer service, and strategic product
development. Industry analysts compare market participants and measure
performance through in-depth interviews, analysis, and extensive secondary
research in order to identify best practices in the industry.

About LHS

LHS is a leading provider of telecom billing and customer care
systems across the wireless, wireline, and IP telecom markets worldwide.

LHS Business Support Systems offer full convergence on various
levels, supporting the complete range of business models both across the mix
of fixed and mobile services, as well as prepaid and postpaid services.

LHS builds innovative systems that enable our customers to
introduce new services fast, helping drive revenues up, while keeping
operational costs to a minimum. LHS was awarded "Best Billing or Customer
Care Solution" by the GSM Association in Cannes in 2005, and won the IIR
World Billing Awards for its "Overall Best Contribution to Billing" in London
in 2005 and 2006.

LHS is an independent software vendor (ISV) with headquarters
in Germany, and offices in Brazil, Czech Republic, France, Malaysia, Turkey,
and United Arab Emirates.

For more information, please visit www.lhsgroup.com

About Frost & Sullivan

Frost & Sullivan, a global growth consulting company, has been
partnering with clients to support the development of innovative strategies
for more than 40 years. The company's industry expertise integrates growth
consulting, growth partnership services, and corporate management training to
identify and develop opportunities. Frost & Sullivan serves an extensive
clientele that includes Global 1000 companies, emerging companies, and the
investment community by providing comprehensive industry coverage that
reflects a unique global perspective and combines ongoing analysis of
markets, technologies, econometrics, and demographics. For more information,
visit www.awards.frost.com.

For further information, please contact:

    Frost & Sullivan
    Sandra Holze, Promotions Co-ordinator, Best Practices
    T: +44-20-7915-7866, sandra.holze@frost.com