In recent years, IP technology has developed rapidly that further helped expand and made the telecom market, particularly in Greater China, very competitive. With China's accession to WTO, new telecom providers including small-to-medium service providers have entered the market, however staying competitive will largely depend on their ability to provide comprehensive IP solutions to customers, as well as having a complete and integrated business management and billing systems in place.

Mr. Ringo Chan, CEO of Wafer Systems said, " We've long seen the potential of IP technology playing a key role in further pushing the telecom industry. We've been constantly gathering customer feedback, which our Systems and Network Integration team in our Xian Solutions Centre used to develop the most comprehensive VoIP Billing and Management System. This system is rich in functionalities that will surely offer significant benefits to telecom service providers including ISPs and ASPs who are currently in the midst of implementing VoIP networks."

For service and telecom providers, the competitive issue today is not because of the price point difference of offering IP based services, but rather in enhancing their services on VoIP networks which could translate into more profit. With Wafer System's VoIP Billing and Management System, they could effectively manage and administer their billing systems, thus allowing them to enhance their services to satisfy customers.

One major concern of today's telecom operators is how to manage their complicated primary call billing system. Wafer's VoIP Billing and Management System is a flexible and practical management platform tailored to the needs of telecom operators in order for them to provide subscribers reliable and superior services. It not only supports efficient handling of primary call billing of a single user but as well as billing of corporate users. One single account can record the billing of all users in a corporate account. It also supports prepaid IP telephone card management and provides many real-time billing capabilities, including IP telephone card real-time calculation, IP telephone card theft monitoring, real-time prepaid item for primary call user and credit verification.

A highly scalable and flexible billing management platform, Wafer's VoIP Billing and Management System allows telecom operators to effectively strategize their marketing and promotional campaigns. With its real-time capability, the system helps operators to gather relevant customer information, which they can use to design marketing plans like discount programs targeted at specific date and location.

A highly scalable platform with Web based interface and multi-platform applications capability, the system offers carrier and service providers flexibility in managing their operations and adapt to their changing business requirements.

Mr. Chan added: "As a company that has been following the IP technology trend, we have been continuously conducting research and development to identify its applications in the region. We believe there will be a large market for data application especially for broadband networks. We will continue to design and develop new products to meet the needs of the market by offering a complete solution for new technology applications."