TnT Partners with Tele-Review to Expand Telecom Expense Management Offering: Industry Leaders Cooperative Efforts Allow Deeper Inventory Management and Physical Audit Capabilities

TnT Expense Management, an industry recognized, premier provider of telecom expense management (TEM) services, today announced a partnership with Tele-Review to extend physical audit services to its clients. Tele-Review has been in the telecommunication industry since 1972, supplying companies with audits and wireline inventory, with more than 95 percent of its customers receiving refunds and monthly deductions. Working with Tele-Review allows TnT to deepen its level of TEM service and round out its current offerings, including TnT's robust Telebase software, patent pending TEMView reporting tools and personalized approach to inventory management.

SANDY HOOK, Conn. (BusinessWire EON) June 18, 2007 -- TnT Expense Management, an industry recognized, premier provider of telecom expense management (TEM) services, today announced a partnership with Tele-Review to extend physical audit services to its clients. Tele-Review has been in the telecommunication industry since 1972, supplying companies with audits and wireline inventory, with more than 95 percent of its customers receiving refunds and monthly deductions. Working with Tele-Review allows TnT to deepen its level of TEM service and round out its current offerings, including TnT’s robust Telebase software, patent pending TEMView reporting tools and personalized approach to inventory management.

TnT prides itself on taking inventory management deeper than other TEM providers, realizing greater cost savings for our clients, and this partnership will add another layer to our services

TnT enterprise and mid-market clients will have the opportunity to utilize Tele-Review’s physical auditing process on a case-by-case basis. Tele-Review will then perform onsite testing to verify all lines are working and transmitting data and report back faulty lines with recommendations to TnT. It will also provide an extensive detailed physical inventory which cannot be gathered through billing information, thus adding another layer of service TnT can supply to its clients. There will be an additional fee to utilize this service though clients will only be billed if costs are reduced.

“TnT prides itself on taking inventory management deeper than other TEM providers, realizing greater cost savings for our clients, and this partnership will add another layer to our services,” said Michael Bodetti, president and CEO of TnT Expense Management. “Partnering with Tele-Review will improve TnT’s level of inventory management and will ensure we continue to offer the most comprehensive TEM service available.”

A recent TnT internal study showed nearly 32 percent of savings and credits come from managing and auditing a client’s inventory down to the billing component level – a level most TEM providers never reach. One of Tnt’s Fortune 100 clients saved an additional $5 million in the first year working with TnT due to inventory management at the billing level. “TnT goes impressively far down into account components to provide visibility for not only the account, billed telephone number, and underlying circuits, but it can even show and track 'hidden' billing sub-components such as ISDN PRI 'B' and 'D' channels,” said Kitty Weldon, Current Analysis senior analyst for wireless services and enterprise mobility. Weldon’s recent advisory report also noted TEM vendors have the opportunity to partner to offer a comprehensive solution to their clients.

“Tele-Review has always offered superior inventory services to our clients,” said Debbie Rigger, president of Tele-Review. “Partnering with TnT will allow us to reach a broader client base and supply our current clients with a means to full management and even more savings.”

About TnT Expense Management

TnT Expense Management optimizes telecom and IT spending for enterprises and mid-market businesses through a personalized, full life cycle approach to telecom expense management that takes full responsibility for all wireless and wireline expenses, from auditing and bill processing to inventory and vendor management, device provisioning to contract negotiation and aggressive claims tracking. TnT clients are corporations in the finance, manufacturing, communications and insurance sectors as well as state government and other Fortune 500 businesses. TnT Expense Management is a privately held company based in Sandy Hook, Connecticut with staff also in New York, New Jersey, California and Kentucky.

Additional information about TnT Expense Management can be found at www.tntem.com.