TTI Telecom Responds to Media Reports
Thursday, May 20, 2010
Rosh Ha'ayin, Israel, May 20, 2010 - TTI Team Telecom International Ltd. (NASDAQ: TTIL), a global supplier of Operations Support Systems (OSS) to communications service providers, announced today in response to a media report in Israel regarding a potential transaction involving the Company, that it is currently in negotiations regarding a potential acquisition of all the shares of the Company.
There can be no assurance as to whether any transaction of this nature will be consummated, and if consummated what the terms thereof, including price, would be.
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