Infusion of USD 36 Million to Speed up Belle Systems Global Expansion

Holbaek, Denmark (PROTEXT) - With the addition of GeneralAtlantic Partners to its group of backers, Belle Systems A/S hasreceived an infusion of USD 36 million. The new capital will beused to speed up the company's global expansion. Belle Systems, a leading software producer in advanced IPservice provisioning, management and billing systems, announcedtoday that General Atlantic Partners, LLC, together with thecompany's present group of backers -- Cisco Systems, IndexVentures and Vertex Management -- will invest more than USD 36million in Belle Systems. Belle Systems' core product, Internet Management System (IMS),is the reason behind this increased interest in the company. WithIMS, a telco or Internet service provider can manage payment forall types of IP network-based communications including voice,video, fax, data and integrated traffic -- as well as thecompletely the new types of IP services which will be appearingon the horizon in the near future. "Belle is extremely well positioned to become the leadingprovider of customer care and billing solutions for the nextgeneration of integrated telecommunications providers," said ReneM. Kern, the London-based partner who heads GA Partner's Europeanoperations. "We are committed to working with Belle management torapidly expand the company's capabilities on a global basis. Thisinvestment further underscores GA Partners' enhanced focus on thedevelopment of new investment opportunities in information-technology and Internet-enabled businesses throughout Europe." The IT industry is the global focus of General AtlanticPartners, the world's largest private venture capital company inthis sector. General Atlantic manages a total capital of morethan USD 5 billion and annually invests some USD 4-500 million inIT companies. ots Original Text Service: Belle Systems A/SInternet: http://www.newsaktuell.de Contact: Jes Bo Hansen ofBelle Systems Tel.: +45-5944-2500 or jbhansen@bellesystems.com

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