Neural Technologies has acquired a controlling interest in Hong Kong based Prime Creation Technology (PCT), a provider of value added services for mobile operators.
The acquisition is designed to strengthen Neural Technologies' position in the Asia Pacific region and to expand the company's offering to the telecommunications sector, which currently comprises risk management solutions in the areas of fraud, collections, bad debt, customer attrition, revenue assurance and security.
PCT has a range of leading edge proprietary products that enable mobile operators to increase their revenue through value added services and enhanced customer experience. These include:
- USSD Signalling Gateway
- Mobile Number Portability Platform
- Roaming Service Platform (Virtual Local Mobile Service)
- Intelligent Audio Platform
- IN Service Network Platform
- Intelligent SMS Platform
- Intelligent Video Platform
Said Luke Taylor, Commercial Director of Neural Technologies, "PCT's cutting edge solutions are an excellent fit with our existing offering. This deal will enable us to offer both revenue generation and revenue saving solutions, crucial to any corporation, but specifically in the current economic climate where profitability is critical.
"The office in Hong Kong will us allow to further expand into the Asia Pacific market, particularly China where PCT have a number of customers, including Hutchison, Smartone, China Unicom, FarEastTone and Macau Telecom".
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