Telemac Corporation (Telemac) is the global leader in developing and commercializing advanced network-edge real-time accounting, billing, and payment processing technologies for the wireless industry, including solutions for cost control, data, and prepaid wireless services. Telemac technology solutions have been licensed to wireless operators on six continents (Africa, Asia, Australia, Europe, North America and South America). To date, 25,000,000 Telemac-enabled® mobile phones have been manufactured worldwide. Considerably more consumers have used Telemac-enabled® prepaid mobile phones than all other terminal-based prepaid technologies combined. With the growth of Telemac's technology to encompass advanced billing and network performance monitoring technologies, the range of available implementations has also grown. Today, the Telemac Advantage® suite is available in a flexible range of licensing, service bureau/ASP, and on-site deployment options. The success of next-generation wireless services requires upgraded, real-time, flexible billing - and the only practical solution is to enhance intelligent network platforms by adding intelligence for advanced billing applications at the edge of the network, in the wireless device. Telemac pioneered the development of intelligent wireless devices and holds global patents for its innovations in developing and commercializing network-edge real-time billing technologies.Telemac's first product, introduced more than 10 years ago, provided a mechanism for limiting the credit balances in traditional post-paid cellular phones. Then, in 1996, Telemac began beta testing the first handset-based accounting software for prepaid wireless services. In recognition of its pioneering work, Telemac has received 65 U.S. and international patents in 27 countries for network-edge billing and accounting software and systems, and has 75 patents pending in more than 38 countries.Telemac entered into a marketing and technology agreement with Convergys, a global leader in billing and customer care. Under that agreement. Convergys will work closely with Telemac to license Telemac’s technologies around the world, and also will integrate Telemac’s solutions into selected Convergys products.