LHS GROUPS

LHS is a leading provider of client/server-based billing and customer care solutions to providers of wireless and wireline telecommunications services ("carriers") in the Americas, Europe and Asia. The Company's products enable carriers to compete more effectively in a rapidly growing telecommunications market. The Company's BSCS software is a scaleable, modular billing and customer care solution that can be implemented quickly and can support innovative marketing and pricing of telecommunications services. BSCS has been licensed to approximately 70 carriers in over 25 countries and supports approximately 3.5 million subscribers.