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March 25, 2003

New Financing Options Now Available to Rural Telcos That Purchase CPqD BSS/OSS Solutions

Rural Utilities Service Makes Low-Interest Loans Available for the Purchase of
CPqD’s BSS/OSS Software by Rural Telecommunications Providers


(San Jose, CA) – CPqD Telecom & IT Solutions announced today that low-interest financing from the Rural Utilities Service is available to facilitate the purchase of its business and operations support system (BSS/OSS) solutions by rural telecommunications providers. CPqD Telecom & IT Solutions is a division of CPqD, a leading global technology services provider to the telecommunications industry, founded and headquartered in Brazil.

The Rural Utilities Service (RUS), a service of the United States Department of Agriculture (USDA), provides low-interest financing to support rural America's telecommunications infrastructure, including the expansion of broadband and other advanced services. Since 1995, every telephone line constructed with RUS financing has been capable of providing broadband service using digital subscriber line (DSL) technology. RUS has made available $1.4 billion in loans and loan guarantees in 2003 to provide broadband services in rural communities. These loans will facilitate deployment of new and innovative technologies in communities with populations up to 20,000.

“As providers consolidate their operations while adding new technologies and services, they face a critical need for highly configurable and scalable business and operations support systems,” said Torsten Bojlesen, chief operating officer for CPqD Telecom & IT Solutions. “The availability of low-interest financing from the Rural Utilities Service will enable our rural telecommunications provider customers to more cost-effectively expand their service offerings and geographic markets.

CPqD offers telecommunications companies a variety of advanced products and integrated support services, including billing, customer care, and order and transactions management. The company designs, installs, and supports flexible software solutions and customized business models for small- to mid-sized telecommunications providers. Financing for CPqD’s BSS/OSS solutions may be applied for and approved by RUS on a case-by-case basis.

About CPqD Telecom & IT Solutions

CPqD Telecom & IT Solutions specializes in business and operations support system (BSS/OSS) products and services backed by more than 25 years of research, development, and expertise. The company offers small- to mid-sized telecommunications companies a wide variety of quality products and integrated support services, including billing, customer care, and order and transactions management. CPqD Telecom & IT Solutions, which is headquartered in Fort Lauderdale, Florida, is a division of CPqD, a leading global technology services provider to the telecommunications industry, founded and headquartered in Brazil. Additional information is available at www.cpqdusa.com.

For more information:
 
Francisco Lopes, Technical Director
954-332-3695
business@cpqdusa.com


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