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TMNG Global Launches MDLx, Breakthrough Mobile Device Leasing Solution
GlobeNewswire
2012-02-01

   Mobile Device Lease xChange (MDLx) Enables Carriers to Reduce
       the Economic Impact of Handset Subsidies and Provide
         Consumers With More Frequent Smartphone Upgrades

OVERLAND PARK, Kan., Feb. 1, 2012 (GLOBE NEWSWIRE) -- TMNG Global
(Nasdaq:TMNG), a premier provider of professional services and software
solutions to the global leaders in the communications, digital media
and technology industries, today announced a game-changing development
for wireless carriers, their subscribers and device manufacturers with
the first-ever mobile device leasing solution -- Mobile Device Lease
xChange (MDLx). MDLx is a third party administration (TPA) company that
provides (1) a comprehensive and integrated business and operating
model for mobile device leasing; and (2) the complete technology
platform for lease administration and accounting.

"The economics of the mobile device market are complex and particularly
burdensome for carriers, who must offer the latest technology at
affordable price points. Escalating smartphone prices, higher subsidies
absorbed by carriers, market-driven caps on consumer upfront payments
and regulatory pressure to eliminate early termination fees -- are all
factors which contribute to frustrations for carriers, subscribers and
even the OEMs," said Don Klumb, TMNG Global's CEO. "We think the market
is ready for a viable smartphone leasing option. MDLx provides a
complete solution that enables carriers to dramatically reduce their
device subsidy obligations; provide subscribers access to the latest
device technology as it becomes available and on a more frequent basis;
and also benefits OEMs by decreasing their sales cycles by half and
facilitating development of new technology with less concern for
carrier subsidy constraints."

Building upon TMNG's proven business and operations support systems
capabilities, as well as its Ascertain(R) software suite and its
acquisition of an industry-proven TPA platform, MDLx has created an
innovative, technology-based ecosystem for managing the entire mobile
device leasing program structure. MDLx enables efficient, end-to-end
support for carriers' premises and billing systems, and back-end lease
aggregation and management platform, including administration, finance,
insurance, and handset recovery and redeployment capabilities.

"Our experience with handset recapture models, including our own
SmartXchange offering, has proven that the rapidly advancing
sophistication of smartphones gives them attractive residual values,"
said Tom Murphy, MDLx's Chief Marketing Officer. "The ability to
capture that residual value is the basis for successful application of
a lease model, and is what enables MDLx to pioneer an offering that's
highly compelling for players throughout the smartphone food chain. By
designing an end-to-end, fully administered solution that addresses the
pain points of carriers, subscribers and OEMs, we think MDLx offers the
wireless industry a new option for dramatically improving its economic
model."

About MDLx

MDLx, a wholly-owned subsidiary of parent company, TMNG Global
(Nasdaq:TMNG), provides carriers with an end-to-end solution, Mobile
Device Lease xChange, that reduces the economic impact of handset
subsidies, while providing consumers with access to more frequent
mobile device upgrade opportunities. MDLx also allows OEMs to decrease
sales cycles by half, while facilitating development of new technology
with less concern for carrier subsidy constraints. For more
information, visit www.deviceleasing.com.

The MDLx Logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=11523

About TMNG Global

TMNG Global (Nasdaq:TMNG) is a premier provider of professional
services to the global leaders in the communications, digital media,
and technology industries. TMNG Global and its divisions, CSMG and
Cartesian, and a team of more than 500 experts, provide strategy,
operations and technology consulting services and technical solutions
to more than 1,200 communications clients worldwide. The company is
headquartered in Overland Park, Kansas, with offices in Boston, London,
New Jersey, and Washington, D.C. For more information about the company
and its services, visit www.tmng.com.


CONTACT: Brainerd Communicators
         Ray Yeung / Jo Anne Barrameda (Media)
         yeung@braincomm.com / barrameda@braincomm.com
         212.986.6667
         
         Corey Kinger (Investors)
         kinger@braincomm.com
         212.986.6667



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