OVERLAND PARK, Kan., April 4, 2011 (GLOBE NEWSWIRE) -- TMNG Global (Nasdaq:TMNG), a leading provider of management consulting and software solutions to the global communications, media and entertainment industries, today unveiled its holistic, end-to-end approach to business assurance. TMNG's approach is designed to maximize their clients' revenue, cash flow, profitability, service and customer satisfaction levels, while minimizing and controlling costs.
"Increasing market complexity has fundamentally changed the nature of how companies do business today. With rapid proliferation of inter-connected services, products and aggressive competitors, it is crucial for enterprises to have a highly-focused, prioritized, and disciplined approach to assuring their business performance," said Rich Nespola, Chairman and CEO, TMNG Global. "Having recognized the imminent threat to companies' revenue, cash flows, margins and overall customer satisfaction, we have significantly enhanced our proprietary toolsets and methodologies to ensure our clients are well-equipped to achieve operational excellence."
TMNG's unique approach employs a 360-degree examination of business problems to identify potential risks and total impact to an enterprise. The company's toolsets and methodologies support that effort by providing end-to-end, holistic framework of capabilities to address people, processes and systems:
- Ascertain® Business Assurance Software Suite – Award-winning international software that collects, monitors and reports business attributes within an enterprise
- QBC® (Quality Business Controls) – Award-winning multi-dimensional revenue integrity discipline used to identify service activation and revenue process problems and root causes, and enable the design and implementation of solutions
- QSA® (Quality Systems Audit) – Proven methodology for the assessment of information technology systems and processes against industry benchmarks and best practices
- eLexicon™ – Comprehensive, web-enabled requirements framework of over 5,000 requirements in 46 categories used to conduct a thorough assessment of operational efficiency
The foundation of the company's approach to business assurance rests upon its integrated strategic, technical and organizational expertise and supported by its sophisticated portfolio of operational and financial controls; award-winning, proven methodologies and toolsets; and hands-on-approach to revenue and cost management, profitability and customer satisfaction.
"It is crucial for business assurance to be sponsored by the highest levels of executive management and embraced by the entire enterprise. Every new service introduction, technology change, process improvement and system development effort must be addressed in an integrated fashion across all aspects of the business," said Nespola. "TMNG's best-in-class business assurance program enables a company's key performance metrics to be optimized; while ensuring the highest level of service and satisfaction for its customers."
For more information, visit: www.tmng.com
About TMNG Global
TMNG Global (Nasdaq:TMNG) is a leading provider of professional services to the converging communications industry. TMNG Global and its divisions, CSMG and Cartesian, and its base of more than 600 consultants, have provided strategy, management and technical consulting, products and services to more than 1200 communications clients worldwide. The company's clients represent all areas of the communications industry including wireless and wireline service providers; entertainment, media and technology companies; and the supporting capital formation firms that support the industry. The company is headquartered in Overland Park, Kansas, with offices in Boston, London, New Jersey, and Washington, D.C. For more information about TMNG Global, visit www.tmng.com .
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Cautionary Statement Regarding Forward Looking Information
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, any statements that do not relate to historical or current facts constitute forward-looking statements, including any statements contained herein regarding expectations with respect to the Company's future business, financial condition and results of operations. Forward-looking statements are subject to known and unknown risks, uncertainties, and contingencies, many of which are beyond the Company's control, which may cause actual results, performance, or achievements to differ materially from those projected or implied in such forward-looking statements. Factors that might affect actual results, performance, or achievements include, among other things, the ability of the Company to successfully integrate recent acquisitions, conditions in the telecommunications industry, overall economic and business conditions (including the worsening of conditions in the credit markets and in general economic conditions), the demand for the Company's services (including the slowing of client decisions on proposals and project opportunities along with scope reduction of existing projects), the level of cash and non-cash expenditures incurred by the Company, technological advances and competitive factors in the markets in which the Company competes, and the factors described in this press release and in TMNG Global's filings with the Securities and Exchange Commission, including the risks described in TMNG Global's periodic reports filed with the SEC, including, but not limited to, "Cautionary Statement Regarding Forward Looking Information" under Part I of its Annual Report on Form 10-K for the fiscal year ended January 3, 2009 and subsequent periodic reports containing updated disclosures of such risks. These filings are available at the SEC's web site at www.sec.gov . TMNG Global does not intend to update these forward-looking statements and undertakes no duty to any person to provide any such update under any circumstances.
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