ProfitLine Taps Industry Veteran Randy DeLorenzo As Vice President, Mobility Strategy

Business Wire, March 12, 2007

SAN DIEGO -- ProfitLine, the leading provider of outsourced telecom expense management (TEM) solutions, today announced the hiring of Randy DeLorenzo, a telecom industry veteran with strong leadership experience in the TEM industry. DeLorenzo will serve as Vice President, Mobility Strategy for ProfitLine's rapidly growing wireless service offering. DeLorenzo will also be a member of ProfitLine's Executive Leadership Team.

"Randy brings a proven background in wireless TEM and a very specific set of industry experiences and skill sets to ProfitLine," said ProfitLine Founder and Chief Strategy Officer Rick Valencia. DeLorenzo will lead ProfitLine's mobility strategy efforts and play a leading role in mobility sourcing, strategic planning, carrier relations, pricing, product and business development. "Randy's wireless TEM industry experience and outstanding carrier relationships allow him to step right into a leadership role with our team," says Valencia.

"The addition of Randy to our team continues a process that began 18 months ago with our purchase of a mobility Business Process Outsourcing (BPO) company. ProfitLine is committed to expanding our leadership position in delivering integrated source-to-pay TEM solutions for both mobility and wireline services," said ProfitLine President and CEO Stephen T. Hundley.

The opportunity to join the TEM industry leader was a key factor in DeLorenzo's decision. "ProfitLine has stepped to the forefront of the TEM industry, and the leadership team here offers me a chance to participate in an exciting collaborative environment," said DeLorenzo. "This is a very dynamic period for the TEM industry. ProfitLine's integrated wireline and wireless source-to-pay solutions are attracting large enterprises and government agencies and fulfilling what we envisioned for the future of TEM."

Prior to joining ProfitLine, DeLorenzo served as Vice President, Professional Services for TRAQ, founding and managing their wireless procurement and negotiation professional services practice. Before joining TRAQ, DeLorenzo served as VP and General Manager of Wireless Services for Telwares Communications, LLC. He has served in various other management positions in the telecommunications industry, including Vice President, Finance and Pricing for Verizon Wireless. DeLorenzo holds an MBA from the University of Colorado and a BA from the University of Denver.

About ProfitLine

ProfitLine is the leading provider of outsourced telecom expense management solutions for large enterprises and government agencies. The company's source-to-pay solutions manage the entire telecom lifecycle for both wireline and wireless. ProfitLine's seasoned telecom experts combine deep domain expertise and Six Sigma principles with intelligent technology to deliver clients substantial savings, operational efficiencies and enhanced visibility to mission critical telecom assets. Our technology enabled Business Process Outsourcing (BPO) solutions allow clients to offload a non-core competency and gain robust business intelligence so they can better navigate today's complex telecom landscape. Based in San Diego, ProfitLine was founded in 1992 and is a GSA Schedule 70 contract holder, whose internal processes are audited based on SAS 70 standards on an annual basis by an outside auditor.

NOTE: ProfitLine is a registered trademark of ProfitLine, Inc. Telecom Lifecycle Management, TLM 360, TLM Sourcing TLM Invoice and TLM Mobility are trademarks of ProfitLine. All other trademarks or registered trademarks belong to their respective owners.