cVidya Nominated as Finalist for Two Categories of The TeleManagement Forums' Excellence Awards 2010

Online, April 22, 2010 (Newswire.com) - London, April 22, 2010 - cVidya Networks, (http://www.cvidya.com/) a global leader and innovative provider of Revenue Intelligence solutions for Telecom, Media and Entertainment service providers, announced today that they have been nominated for two categories in The TM Forums 2010 Excellence Awards.

cVidya has been selected as a finalist for both the TeleManagement Forum Industry Leadership Award, awarded to the company demonstrating leadership, dedication and commitment to the Forum's industry collaboration activities, and overall leadership of the industry as well as the TM Forum Solution Excellence Award for its Revenue Assurance project at AT&T, demonstrating the most innovative and effective use of TM Forum Frameworx to deliver tangible cost reduction and efficiency improvement. There are 6 finalists in each category.

"We are delighted that cVidya has been nominated for 2 TM Forum awards", commented Alon Aginsky, CEO at cVidya Networks. "This achievement is in recognition of our market leadership and innovation with the Integrated Revenue Intelligence Solution (IRIS®) Suite. cVidya's nomination for these awards demonstrates how the TM Forum Revenue Assurance standards and best practices can be extended and delivers significant business value to additional business operations areas like Dealers Commission Assurance".

Nik Willetts, CMO, TM Forum, commented "Our congratulations to cVidya on their selection as a finalist in this year's TM Forum Excellence Awards. The 2010 awards have been the most contested yet, which makes this achievement even more significant for all our finalists. We look forward to announcing the award winners at our Management World 2010 conference in Nice next month."

The TM Forum awards are given to member companies that demonstrate the most effective use of TM Forum Interface Standards, Best Practices or Frameworks as a part of their product offering to the market. The winners will be announced to an audience of more than 2,800 senior executives at the Forum's flagship Management World conference in Nice, on Tuesday May 18, 2010.

About cVidya
cVidya is a global leader and innovative provider of Revenue Intelligence solutions for Telecom, Media and Entertainment service providers.
cVidya's Integrated Revenue Intelligence Solutions (IRIS®) product portfolio helps operators to maximize their margins, improve their customer experience and optimize eco-system relationships through Revenue Assurance, Fraud and Risk Management, Dealer Management, Marketing Analytics applications and Clearing House Services. cVidya's customers include: British Telecom, Telefonica Group, Vodafone Germany, AT&T, Bell Canada, O2 UK, MTN South Africa, , Swisscom, Telecom Italia, China Telecom, and more. cVidya is backed by leading investors including Battery Ventures, Carmel Ventures, Hyperion, Stage One, STAR Ventures, and Plenus.

For more information visit www.cvidya.com

The TeleManagement Forum
The TeleManagement Forum is an industry association focused on transforming business processes, operations and systems for managing and monetizing on-line Information, Communications and Entertainment services. The Forum has over 700 global members from across the converging industries of telecom, cable, media and the Internet. The TM Forum Excellence Awards are regarded as the most sought-after awards of their kind, recognizing global leadership, innovation and excellence, and giving significance to achievements of leading companies within the communications industry.

For more information visit www.tmforum.org