Completion of Initial Implementation at Telesur

AIM: CER

Cerillion plc

("Cerillion" or "the Company")

Completion of Initial Implementation at Telesur

Cerillion, the billing, charging and customer relationship management software solutions provider, is pleased to announce that its initial implementation for Telesur, the leading telecommunications provider in Suriname, covering the operator's mobile services, has now gone live.

In this first phase, Cerillion has implemented its BSS/OSS* suite for Telesur's mobile services and completed the successful migration from the operator's legacy prepaid and postpaid systems to the new platform. This has enabled Telesur to take a major step forward with its mobile services and to launch a new online portal and mobile app. The new platform will also enable Telesur to introduce innovative products to market much more rapidly and with significantly less effort than previously. Cerillion's intuitive Enterprise Product Catalogue enables Telesur to manage efficiently the complete product lifecycle and introduce products and services through simple configuration.

The next stage of work will be the digital transformation of Telesur's fixed-line services.  The migration of these services onto Cerillion's platform will bring Telesur further commercial and operational benefits and ensure a seamless experience across all services for its customers.

Mike Antonius, CEO at Telesur, said,

"Our partnership with Cerillion is truly transformational. The introduction of Cerillion's digital BSS/OSS platform has allowed us to enhance our customer experience and revolutionise our mobile services with a clear focus on digital engagement. And with the ability to launch new products and services faster than ever before, we are well-positioned to meet the evolving needs of our customers and drive growth in the digital era."

Louis Hall, Chief Executive Officer of Cerillion plc, commented:

"We are delighted to celebrate the successful implementation of our pre-integrated BSS/OSS solution for Telesur. This project underscores our commitment to empowering businesses with innovative solutions that drive digital growth, elevate customer experience, and enhance overall operational efficiency. We congratulate Telesur on this important milestone and are excited to continue supporting their future initiatives."

*BSS/OSS are critical operations support systems and business support systems that support telecommunications services.

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About Cerillion

Cerillion has a 23-year track record in providing mission-critical software for billing, charging and customer relationship management ("CRM"), mainly to the telecommunications sector but also to other markets, including utilities and financial services. The Company has c. 80 customer installations across c. 45 countries.

Headquartered in London, Cerillion has operations in India, Bulgaria, Belgium, Singapore and Australia.

The business was originally part of Logica plc before its management buyout, led by CEO, Louis Hall, in 1999. The Company joined AIM in March 2016.

About Telesur

Telesur is the only full service telecommunications provider in Suriname. Established since 1981 the company offers services in Suriname and the Netherlands. With the implementation of the e-Suriname vision the company is constantly investing in innovative technologies in order to secure the digital future of Suriname.