02/06/07

Quickcomm partners with FFastFill to enhance customer experience

Contact:
Jen Fugel, Kwittken & Company
646-747-7145
jfugel@kwitco.com

Partnership allows for smoother upgrades and enhanced customer service

New York, February 6, 2007 – In order to better serve its new and existing customers, Quickcomm Software Solutions, a leading global provider of telecommunications expense management (TEM) software and services, announced today a partnership with FFastFill, a leading provider of application services to the global derivatives community. FFastFill will host Quickcomm’s software at its data center through a web-based application service provider (ASP) framework. One of the world’s leading shipping and logistics companies has already signed to use Quickcomm’s ASP platform.

“This prepares us for our recent success and growth because we are now able to more easily support our international clients,” said Quickcomm’s Chief Executive Officer, Mark Evans.

Performing as an ASP, Quickcomm will support clients in a secured web-based environment. An exact copy of Quickcomm’s software configuration will be available to each customer through a secured connection. This streamlined operating environment allows for easier access to each client’s individual deployment of the software, creating greater efficiency with web-based installations, troubleshooting, upgrades and increased flexibility for both product and operations. Additionally, Quickcomm will be able to work with multiple customers to manage their platforms simultaneously, creating a 67% decrease in the time it takes to implement a client.

“This is a creative extension of our ASP model that enables us to leverage our robust infrastructure that supports our core business as a provider of mission-critical application services to the futures industry,” said Hamish Purdey, President and Chief Operating Officer of FFastFill plc. “Using that existing technology, we are able to cost-effectively provide hosted technology services for a fast-growing company that supports not only the financial industry but some of the leading Fortune 500 companies today. At the same time, we are enabling Quickcomm to offer its clients the ability to reduce their sizable telecommunications expenses without an impact on their technological resources. These companies can connect to FFastFill via the Internet and download their telecom reports in real-time.”

Quickcomm’s TEM software is an enterprise application that reconciles telecom invoices with inventory and human resource records. It analyzes each line item, from mobile and cellular voice services to tie lines, paging services, data and PBX. Quickcomm identifies discrepancies in telecom bills and redundant or surplus services, saving clients an average of 10 % to 20 % of their telecom bills. As a result of the partnership with FFastFill, Quickcomm is able to offer a guarantee that is not offered by any other organization in the industry. Quickcomm can now pledge that if a carrier changes their e-billing format, Quickcomm will develop and install the new bill reader within 5 days.

“We chose to work with FFastFill because the company offers a superior technology that can support Quickcomm’s global capabilities and aligns with our business goals,” says Evans. “As a technology provider, we were looking for the capabilities to serve our customers, big and small, in the best way possible. Offering a web-enabled access point for service and upgrades is one way to make a TEM system more effective for our customers.”

About Quickcomm
Quickcomm was established in 1997 and has grown to become a leading provider of global Telecom Expense Management (TEM) software and services to Global 2000 companies. Quickcomm software helps cut telecom expenses dramatically and provides actionable insight for telecom provisioning that improves a company’s bottom-line. It is the most complete TEM solution available, integrating transparently with a company’s existing infrastructure. Initially formed in Australia, Quickcomm has been incorporated in the United States since 2003 and is headquartered in New York. For more information visit the company’s web site at www.quickcomm.com.

About FFastFill
Headquartered in London, FFastFill plc (www.ffastfill.com) is a leading provider of application services to the global derivatives community. FFastFill’s services and solutions use the latest developments in technology to automate trade flow processes across a firm’s front, middle and back offices. FFastFill’s solutions encompass electronic order routing, clearing, risk management and back-office reporting as part of an integrated, yet modular system architecture. FFastFill’s application services provide institutions with cost savings in their administrative and IT departments and significantly reduce or eliminate the investment costs associated with maintaining their own technology infrastructure. All of FFastFill’s services are delivered against a contracted Service Level Agreement (SLA), which can be tailored to an institution’s business requirements. This quality of delivered service has been enabled through the deployment of a uniquely engineered and totally managed software and technology infrastructure.


Press Contacts

Jennifer Burns
Quickcomm
646-708-8555
jburns@quickcomm.com

Domenick Cilea
Springboard Public Relations
732.863.1900 x202
dcilea@springboardpr.com