MIND CTI Reports Cash Flow From Operating Activities of $ 1.7 Million in Q3 2010

Revenue Distribution for Q3 2010Sales in the Americas represented 39.3% and sales in Europe represented 47.8% of total revenue.

Revenue from customer care and billing software totaled $3.9 million, while revenue from enterprise call accounting software was $0.8 million.

Monica Iancu, Chairperson and CEO, commented: "We are pleased with the year-to-year growth and believe that the decrease in revenue compared to the previous quarter is mainly related to timing of revenue recognition of one almost completed project. The new win this quarter increases the long-term backlog and strengthens our US footprint. We are especially pleased with the vote of confidence that we get from our customers as they enhance the part of their business that is supported by our solutions. This validates our strategy of developing additional modules to further enhance our solutions of billing and full customer-care, to support the carriers' point of sale, business intelligence reporting needs and much more. We continue to execute our strategy and to generate outstanding positive cash flow from operating activities."

Conference call on November 10

Conference Call Information MIND will host a conference call on November 10, 2010 at 10:30 a.m., Eastern Time, to discuss the Company's third quarter 2010 results and other financial and business information. The call will be carried live on the Internet via www.earnings.com and the MIND website, www.mindcti.com. For those unable to listen to the live web cast, a replay will be available.

About MINDMIND CTI Ltd. is a leading provider of convergent end-to-end billing and customer care product based solutions for service providers as well as telecom expense management (call accounting) solutions. MIND provides a complete range of billing applications for any business model (license, managed service or complete outsourced billing service) for Wireless, Wireline, VoIP and Quad-play carriers in more than 40 countries around the world. A global company, with over twelve years of experience in providing solutions to carriers and enterprises, MIND operates from offices in the United States, UK, Romania and Israel.