Mind CTI

Mind CTI
MIND CTI Ltd.
Type Public
Traded as NASDAQMNDO
Industry Software, Communication systems, IT
Founded 1995
Headquarters Yokneam, Israel
Key people Monica Iancu (President and CEO)
Products Telecommunications billing, Customer care,
Revenue US$ 5.3 million (2010 Q1)
Employees 300 (2010)
Subsidiaries MIND CTI Inc.
Website www.mindcti.com

MIND CTI Ltd. (NASDAQMNDO) is a global provider of billing and customer care solutions for voice, data, video and content services. Headquartered in Yokneam, Israel; the company also has offices in Silver Spring, MD, Reading, England and Iaşi , Romania.

Contents

History

MIND CTI (Computer telephony integration) was founded in 1995 by current chairperson and CEO Monica Iancu in Yokneam, Israel. In 1999 it had an initial public offering on NASDAQ. Later in 2002 the company’s shares were also listed on the Tel-Aviv Stock Exchange[1] and were include in the TA-100 Index of leading shares for a while, but on November 5, 2009 the company delisted from the Tel-Aviv Stock Exchange (TASEMNDO) and remains listed with NASDAQ.[2]

Company Held Auction Rate Securities

In 2009, MIND CTI had two-thirds of its cash (USD 20.3 million) tied-up in collateralized debt obligation (CDO) bonds issued by Merrill Lynch and was in dispute with its financial adviser. [3] [4]. MIND CTI subsequently recovered 18.5 million USD in an arbitrated settlement in late 2009.[5]

Customers

The company’s customers include communication providers as well as new service providers in over 40 countries across the globe: Romtelecom, Moldtelecom, China Unicom, H3G Italy, Intelco International Telecommunications, Telefonica Del Peru, SingTel, Sri Lanka Telecom, Verizon and many others.[6]

Products

MIND CTI products include:[7]

See also

External links

References

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