Press Releases
posted on 20-Apr-2004
WESTWOOD, Mass. -- April 20, 2004 -- TeleKnowledge Group, Ltd. announced today that Turbine Entertainment Software Corp. will license its Total-e billing solution as the billing technology for its massively multi- player online games. TeleKnowledge's award-winning billing solution offers a robust and secure billing service that allows for enhanced customer services and greater game membership payment flexibility.
Under the agreement, TeleKnowledge will license its billing, rating and transaction processing technology to Turbine for its Asheron's Call® online role-playing service, recently acquired from Microsoft.
"Turbine chose Total-e because it offers a comprehensive and flexible solution to quickly meet their short-term requirements and provides a solid foundation to support future initiatives," said Eilon Ginsburg, President and CEO of TeleKnowledge. "Total-e is well known for its robustness, increased time-to-revenue, and rapid implementation."
TeleKnowledge's Total-e billing solution is IP oriented and designed to support digital content and services such as online game services, Video on Demand, streaming music and online video. Compatibility with virtually any channel allows implementation over the Internet, Cables, Cellular Networks and DSL/VDSL. Sophisticated rule-based rating engine allows quick offering of new services with a wide variety of payment and subscription models, including special promotions, campaigns and prepaid accounts.
"Turbine needed a flexible, proven billing system for its customers, and we believe Total-e billing is the answer," said Mike Hogan, executive director of technology and support services, Turbine Entertainment Software. "Total e- Billing allows Turbine to focus on making great video games and offering stellar customer support. The system will integrate with our existing and future customer service tools and provide the Turbine team with the tools it needs to smoothly run membership billing."
As a leader in providing solutions that enable digital media companies to transition from free to paid services, TeleKnowledge is at the forefront of the fast-growing online gaming and related subscription services industry. Informa Publishing Group of the United Kingdom has forecast that Online Games worldwide market will grow to $5.648 billion by 2006. Turbine joins leading digital content providers like Telefonica (Spain), Full Audio (USA), and Ynet (Israel) who use Total-e to shorten time to revenue and reduce total cost of ownership for their billing and customer-case platforms.
About TeleKnowledge
TeleKnowledge is a proven, global provider of carrier-class billing solutions. Founded in 1997, TeleKnowledge offers the world's leading content- commerce platform: Total-e Content(TM). Since inception, TeleKnowledge has deployed its billing solutions for leading digital content organizations in over twelve countries, providing significant speed, flexibility, cost and other advantages over legacy and in-house alternatives. For more information about TeleKnowledge, visit www.teleknowledge.com.
About Turbine Entertainment Software
Headquartered in Westwood, Mass., Turbine Entertainment Software Corp. is a premier provider of online subscription entertainment. Formed in 1994 and with more than 150 employees on two coasts, the company is one of the largest online game studios in North America. The company's proprietary technology, the Turbine Engine®, generates some of the most sophisticated 3-D graphics in the world, producing such memorable projects as Asheron's Call®, Asheron's Call: Dark Majesty® and Asheron's Call 2: Fallen Kings® . Turbine is currently developing The Lord of the Rings(TM): Middle-Earth(TM) Online and Dungeons & Dragons® Online. For more information, visit the company's web site at www.turbinegames.com.
Turbine Entertainment Software®, Powered by our Fans®, Turbine Engine®, Asheron's Call®, Asheron's Call: Dark Majesty® and Asheron's Call 2: Fallen Kings® are all registered trademarks of Turbine Entertainment Software Corporation. All other trademarks are the property of their respective companies.
