Avotus Announces Contract Renewal with One of the Largest Energy Companies

Contract extension continues partnership through December 2013

MISSISSAUGA, Ontario--(BUSINESS WIRE)-- Avotus Corporation, a leading provider of intelligent communications management solutions and strategies, today announced the renewal of its contract with a leading energy corporation, which would, pursuant to the terms of the contract, extend the partnership through December 31, 2013. As per the agreement, Avotus will continue to provide its Expense Management and Order Management services to this strategic customer.

Avotus Expense Management is a comprehensive and fully automated solution that processes, monitors, and reports the entire communications networks of enterprises with dramatic and sustainable results. It is specialized to uncover common oversights in the enterprise telecommunication environment, identify incorrect telecom charges, and provide a solution to rectify related issues. The Order Management capabilities of the Expense Management solution consolidate procurement and fulfillment activities of the enterprise through a single interface. This integration eliminates the need for redundant data entry in support of procurement, operations and accounting.

“The extension of this engagement with a major client reaffirms our ability to deliver sizable savings and high ROIs to our customer enterprises across verticals and the strategic flexibility that we are able to consistently provide to our customers,” said Sumer Shankardass, CEO at Avotus. “We are pleased to extend our longstanding association with one of our key clients. We believe that this contract extension demonstrates the strength of our partner relationship and the real benefits of our services and solutions.”

About Avotus

Avotus Corporation is a globally recognized leader in communications management that partners with enterprises to source, manage, and procure their communications services and assets with increased efficiency. The company’s Expense Management, Real-Time Expense Management, Usage Management, Sourcing Management, and Wireless Management solutions with flexible deployment options, including Business Process Outsourcing, Software as a Service, and Licensed Software, cater to the needs of over 1000 clients in more than 40 countries. With over 30 years of industry and business excellence, Avotus currently manages spend of about $4 billion with operations in the United States, Canada, and India. For more information on Avotus products and services, visit www.avotus.com or call 1-877-AVOTUS-1. For Avotus news and updates, follow AvotusCorp on Twitter, and Avotus Corporation on Facebook and LinkedIn.

Avotus Corporation is a registered trademark, and Avotus Intelligent Communications Management and Avotus WebAuction are trademarks of Avotus Corporation. All other trademarks are the property of their respective owners.

CONTACT:

Avotus:
Divya Singh, 1-877-AVOTUS-1
divya.singh@avotus.com
or
Avotus Media:
Gutenberg Communications
Michael Gallo, 212-239-8594
mgallo@gutenbergpr.com

KEYWORDS:   North America  Canada

INDUSTRY KEYWORDS:   Technology  Networks  Software  Telecommunications  Mobile/Wireless

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