Press Release

MBG Rates “Positive” in Independent Analyst Firm’s 2006 Telecom Expense Management (TEM) MarketScope

New York, NY, November 13, 2006 - MBG Expense Management, a leading telecom expense management provider for Global 2000 companies, has received a “positive” rating in Gartner’s MarketScope for Telecom Expense Management, 2H06 . According to the Gartner rating system, company’s receiving a positive rating demonstrate strength in specific areas, but are largely opportunistic, and potential customers should put this vendor on a shortlist of tactical alternatives. Evaluation criteria for the MarketScope included the company’s business model, customer experience, innovation, product/service, and overall viability.

“MBG is pleased to be rated a “positive” in this category from a list of over 80 TEM companies evaluated,” said Michael B. Greenspan, Founder and CEO of MBG Expense Management LLC. “With our continued focus on next generation services for the TEM market and the expansion of services to the larger market of IT services, we are confident that MBG is poised for significant growth in the short to medium term without sacrificing the quality of service delivery to our clients.”

MBG Expense Management provides a complete end-to-end enterprise solution that provides total visibility to an organization’s telecom and IT spend, along with serving as a platform to order and chargeback costs to dedicated cost centers. Clients have the option to utilize MBG as a complete outsourced solution to manage telecom and IT expenses or as an on-demand solution, utilizing MBG’s integrated hosted applications to manage and control telecom and IT costs.

The MarketScope for Telecom Expense Management is written by Gartner analysts Eric Goodness and Phillip Redman. The report is available at www.gartner.com.

MarketScope Disclaimer
The MarketScope is copyrighted October 27, 2006, by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner Research “MarketScope for Telecom Expense Management, 2H06” by Eric Goodness, Phillip Redman, Publication Date: 27 October, 2006, ID Number G00143756