DigitalRoute Maintains Momentum Into 2011

STOCKHOLM, February 16, 2011 /PRNewswire/ -- Business transformation was in the focus of the communications industry in 2010 as service providers strived to cope with continued exponential growth in data volumes and declining margins. Reducing IT infrastructure costs and complexity while monetizing usage continue to be top priorities going forward.

These trends have created a strong market for DigitalRoute which is committed to simplifying service providers' infrastructure through the concept of a single integration layer based on one technical platform.

In 2010 DigitalRoute added more than 50 communication service providers to the list of its more than 200 MediationZone(R) customers, generating a revenue growth of more than 30% year-over-year as well as a substantial increase in profitability.

The compound annual growth rate of DigitalRoute's revenue since 2002 exceeds 50%. Based on the combination of DigitalRoute's clear technology leadership and partnerships with leading product vendors and system integrators, DigitalRoute forecasts a continued strong business momentum over the next years.

"The outlook for 2011 looks very exciting and we are currently engaged in several key opportunities with world-leading operators and vendors," said Jan Karlsson, CEO at DigitalRoute.

About DigitalRoute

DigitalRoute was founded in 2000 to provide best-of-breed mediation to telecom network and service providers worldwide. MediationZone(R) from DigitalRoute supports any combination of online/offline and active/bi-directional mediation of voice, data and content services, with carrier-grade functionality and unparalleled flexibility. There are more than 200 MediationZone deployments across Europe, Africa, the Middle East, North America, South America, Asia and Oceania. For more information visit http://www.digitalroute.com

    For more information, please contact:
    Digital Route AB:
    Joakim Sahlgren
    Marketing Manager
    Skeppsbron 34, 111 30 Stockholm, Sweden
    Phone: +46(0)10-7079-000
    Email: [email protected]

SOURCE DigitalRoute