Media Contacts
For additional information or to arrange an interview, please contact:

In Asia:
Melinda Ilagan
East West Public Relations
Telephone: 65.9816.4529
Skype: melinda_ewpr
Email Address: melinda@eastwestpr.com

In North America
Barbara Reichert for MetraTech Corp.
Telephone: +1 415 248 0230 ext. 7012
Email address: barbara@reichertcom.com

For MetraTech Corp.
Keith Brody
Head of Communications
MetraTech Corp.
Telephone: +44 (0) 7790 245779
Email address: kbrody@metratech.com

MetraTech Monetizes Nervogrid’s Innovative Desktop-as-a-Service Offerings

Cloud Computing Pioneer to Use MetraNet for Billing, Settlement and Customer Care

WALTHAM, Mass. – March 29, 2010 – MetraTech Corp., the innovative charging, billing, settlement and customer care product provider, today announced that Nervogrid, an Information Technology (IT) service provider for the SME sector, has chosen MetraNet as the billing, settlement and customer care solution for its Desktop-as-a-Service (DaaS) offerings. MetraNet’s unique dynamic business modeling-based functionality will enable Nervogrid to offer fully managed, secure and performance-guaranteed IT services to businesses within the education, financial services, legal and manufacturing/logistics industries with a pay-as-you go model.

“We need to be able to quickly syndicate a wide variety of IT services from a diverse set of vendors and provide our clients a high level of automation in a cost-efficient, pay-as-you-go model,” said Aleksi Partanen, chief executive officer, Nervogrid. “Most of the billing systems we looked at are very rigid and don’t come close to providing the flexibility and scalability that our platform requires.  MetraNet was the only billing, settlement and customer care product that could map into our SOA Service Delivery Platform and dynamically deliver the change management necessary to service our clients both today and over time.”

Nervogrid’s DaaS offerings allow businesses to focus on their core expertise and use the ‘cloud’ as a virtual IT infrastructure. Clients can outsource the management of business applications, desktop infrastructure services and datacenter services to Nervogrid.  All these IT services are centrally produced and managed in Nervogrid’s datacenters and delivered to customers over a network.  Services are subscription-based and clients only pay for what they use, whether it is by the number of users, worksites or gigabytes. Services are fully scalable from a single user to multi-site environment with hundreds of users.

“It’s exciting to see companies like Nervogrid successfully exploit the power of Cloud Computing,” said Scott Swartz, chief executive officer, MetraTech Corp. “The unparalleled flexibility and elasticity of MetraTech’s dynamic business modeling approach is a perfect fit for Nervogrid and other businesses that want to create Cloud Computing and Software-as-a-Service offerings. We are looking forward to working with the Nervogrid team to make their innovative DaaS IT services highly successful.”

About Nervogrid
Nervogrid delivers IT infrastructure from the cloud. The versatile service allows companies to build a service package that includes all the software, hardware and features they need to support their business. The service selection is easily adjustable to suit growth and change. Users have access to their own virtual desktops, applications and files from anywhere and anytime, while guaranteed network security and fully managed software and security updates minimize the burden of IT. Nervogrid’s cloud application store brings SME’s the access to enterprise scale IT services with all software and devices priced simply per user. There are neither initial investments nor separate integration projects. Nervogrid’s services are delivered from a cloud server environment and over a highly secure network directly to the customer. For further information, please visit www.nervogrid.eu.

About MetraTech
MetraTech Corp. offers a new approach to charging, billing, settlement and customer care enabling organizations to embrace change without compromise. MetraNet, our flagship product, is unique in its ability to automate business processes and business models that address rapidly changing, complex or radical business strategies across any industry for an unlimited number of services. MetraNet is deployed globally, enabling diverse customers to build innovative and successful business models, securely collect revenue, and manage their entire customer lifecycle in some 12 languages, 26 currencies and 90 countries. MetraTech offers a variety of delivery options ranging from licensing to outsourcing. Headquartered in Boston, MetraTech has offices in San Francisco, Munich, Paris, Singapore, Rio de Janeiro and London. MetraTech is a venture-backed, privately held company whose investors include Accel Partners, Bessemer Venture Partners, Meritech Capital, and Vesbridge Partners. For more information, please visit www.metratech.com.