Mer Telemanagement Solutions Ltd. Receives NASDAQ Notice of Non-Compliance With

RA'ANANA, Israel , July 1, 2010 /PRNewswire-FirstCall/ -- MTS - MerTelemanagement Solutions Ltd. (Nasdaq Capital Market: MTSL), a globalprovider of business support systems (BSS) for comprehensivetelecommunication management, telecommunications expense management (TEM)solutions and customer care & billing (CC&B) solutions, today announced thatit has received a notice from The NASDAQ Stock Market stating that theminimum market value of publicly held shares was below $1,000,000 for 30consecutive business days and that the Company was therefore not incompliance with NASDAQ Listing Rule 5550(a)(5). The notification letter hasno effect at this time on the listing of the Company's ordinary shares on TheNASDAQ Capital Market. The Company's ordinary shares will continue to tradeon The NASDAQ Capital Market under the symbol MTSL.

The notification letter states that the Company will be afforded 180calendar days, or until December 27, 2010, to regain compliance with therule. To regain compliance, the Company's market value of publicly heldshares must meet or exceed $1,000,000 for at least ten consecutive businessdays.

Mer Telemanagement Solutions Ltd. (MTS) is a worldwide provider ofinnovative solutions for comprehensive telecommunications expense management(TEM) used by enterprises, and for business support systems (BSS) used byinformation and telecommunication service providers.

Since 1984, MTS Telecommunications' expense management solutions havebeen used by thousands of enterprises and organizations to ensure that theirtelecommunication services are acquired, provisioned, and invoiced correctly.In addition, the MTS's Application Suite has provided customers with aunified view of telecommunication usage, proactive budget control, personalcall management, employee cost awareness and more.

AnchorPoint TEM solutions that MTS acquired on December 2008 enableenterprises to gain visibility and control of strategic assets that drive keybusiness processes and crucial competitive advantage. The AnchorPoint'ssoftware, consulting and managed services solutions - including integratedInvoice, Asset, and Usage Management and Business Analytics tools -- provideprofessionals at every level of the organization with rapid access toconcise, actionable data.

MTS's solutions for Information and Telecommunication Service Providersare used worldwide by wireless and wireline service providers forinterconnect billing, partner revenue management and for charging andinvoicing their customers. MTS has pre-configured solutions to supportemerging carriers of focused solutions (e.g. IPTV, VoIP, WiMAX, MVNO) torapidly install a full-featured and scaleable solution.