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Tangoe Expands Worldview Alliance with Key Latin American Partner Mobilit

Posted on: June 30, 2008
Release date: 6/30/2008
Alliance’s collective TEM expertise continues to grow across the globeORANGE, Conn., June 30, 2008 — Tangoe, Inc., a leading global provider of enterprise communications lifecycle management software and technology-enabled services, today announced Brazilian-based Mobilit Information Technology Management as the first Latin American member partner in Tangoe’s CommCare Worldview alliance. Mobilit is the latest member in Tangoe’s WorldView alliance—a global network of providers enabling partners to pool their collective telecom expense management (TEM) experience and expertise in order to rapidly and efficiently expand the scope of their telecom lifecycle management capabilitiesAs a Worldview alliance member, partners both contribute and receive international capabilities that enable them to more efficiently and effectively process global carrier invoices, and centrally view, report, and analyze fixed and mobile communications spending from anywhere in the world. With the most recent addition of Mobilit to the Worldview alliance, Tangoe’s Worldview alliance members now have access to approximately 175 shared electronic billing interfaces from carriers in more than twenty countries including the U.S., Canada, Brazil, France, Germany, Italy, Spain, the United Kingdom, and Australia. These billing interfaces enable partners to leverage a common set of technologies, methodologies, and formats that allow them to better serve their multinational clients.

Since signing a partnership agreement with Tangoe in 2007 to adopt Tangoe’s CommCare Management Platform (CMP) as its technology standard, Mobilit has worked with Tangoe on nine joint customers, signing four additional new deals in Q1 2008. A leading provider of telecom solutions in the key Brazilian market in Latin America, Mobilit manages more than US$120 million in annual telecom spend for some of the largest companies in the region, boasting an average client savings of approximately 35 percent of total annual spend.

“Clearly we’ve had an extremely successful partnership with Tangoe in the short period of time we’ve worked together and we’re excited to join Tangoe’s Worldview alliance to expand our relationship further,” said Duda Lemos, commercial director for Mobilit. “We understand the power of cooperation and collaboration for the benefit of all of the companies in the network of providers and look forward to contributing our over ten years of expertise working with some of the largest companies and carriers in our market.”“With the addition of Mobilit as a member partner in a key Latin American market, our Worldview alliance continues to grow and gain momentum in the global marketplace” commented Tangoe president and CEO Al Subbloie. “As our roster of WorldView providers continues to grow, we’ve seen a ‘network effect’, where the collective value created increases exponentially with each additional partner. In turn, this means is that our partners can create leverage each other’s expertise and, in so doing, create additional value for large multinational clients by expanding the scope of their TEM services and initiatives around the globe.”

About Tangoe
Tangoe, Inc., a global leader in telecommunications lifecycle solutions, provides software and technology-driven services that enable global organizations to procure, manage, and control their fixed, mobile, and converged communications assets and their costs. Tangoe’s software and service solutions are built upon patented technologies that enable dramatic cost reductions and process efficiencies, which significantly contribute to organizational profitability. Global 2000 organizations worldwide depend on Tangoe solutions to more effectively manage their telecommunications processes. In 2007, Tangoe was named No. 149 on the Entrepreneur Hot 500 ranking of America’s fastest growing companies and was named the fifth fastest growing Connecticut technology company in the Deloitte Technology Fast 50. Tangoe has offices in Orange, Connecticut, Austin, Texas, and Hoboken, New Jersey. Tangoe provides solutions in the United States through direct and partner sales channels, and internationally through a global network of certified business partners. Additional information about Tangoe, its CommCare services, patented technologies, and business partners can be found at tangoe2016.wpengine.com, or requested via e-mail at sales@tangoe.com, or by calling (203) 859.9300. Tangoe is a registered trademark and CommCare is a trademark of Tangoe, Inc.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this letter. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, changes in: economic conditions generally, changes in technology, legislative or regulatory changes that affect us, the availability of working capital, changes in costs and the availability of goods and services, the introduction of competing products, changes in our operating strategy or development plans, our ability to attract and retain qualified personnel, and changes in our acquisition and capital expenditure plans.

$35+
Billion

of spend under
management

10+
Million

devices managed
globally

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