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LONDON, UNITED KINGDOM -- (Marketwired) -- 03/03/15 -- Editors Note: There is a photo associated with this press release.

Cerillion Technologies, a leading provider of billing, charging and customer management systems, has acquired netSolutions, a geospatial location network inventory business, from Ubisense Group plc for an undisclosed fee. This strategic acquisition will enhance Cerillion's BSS/OSS portfolio, enabling it to address the end-to-end service management needs of next generation networks, as well as extending its reach into other industry verticals.

The netSolutions product suite comprises netAssign, netCapacity, netBusiness and netWireless, providing a range of network asset management solutions - which can be deployed for service assignment, capacity management, fibre planning, and wireless network engineering. The netBusiness Web Service architecture also provides seamless access to enterprise information on both desktop and handheld devices, offering small-footprint, focused apps to support technicians working 'in-the-field', using their smartphones or tablets.

netSolutions has been adopted by more than 40 telecoms and utilities businesses around the world, including Alcatel-Lucent, Telstra, Level3 and KDDI.

"The netSolutions team are excited to join Cerillion where we will be able to continue to develop innovative, integrated network inventory solutions for all of our customers," said Gillian Kendrick, Network Asset Management Solutions Manager, Cerillion Technologies.

"The acquisition of netSolutions is a perfect complement to our BSS/OSS product suite and our global customer base," commented Louis Hall, CEO, Cerillion Technologies. "Having already partnered with the netSolutions team on a number of successful customer deliveries, I am delighted to welcome them into Cerillion and in doing so further expand our professional services expertise and solution delivery capabilities."

Notes to Editors

About Cerillion Technologies

Cerillion is a leading provider of billing, charging and customer management systems with more than 20 years' experience delivering its solutions across a broad range of industries including the telecommunications, finance, utilities and transportation sectors. These are used to price and bill subscriptions and variable usage for wholesale, retail and white label services; B2B and B2C offerings and multi-country service provider portfolios.

Cerillion Skyline combines this heritage of providing high performance billing and transaction processing engines with an intuitive online user interface to provide a complete Software-as-a-Service (SaaS) billing application for the next generation of digital and non-digital services. Scalable to support from a few thousand to many millions of subscriptions in any industry, Cerillion Skyline comes in four pre-packaged editions and is available for both public cloud and private cloud deployments.

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