Rosh Ha’ayin, Israel, October 13, 2009 - TTI Team Telecom International Ltd. ‎‎(NASDAQ: TTIL), (“TTI Telecom’), a global supplier of Operations Support Systems ‎‎(OSS) to communications service providers, today announced that its Special General ‎Meeting of Shareholders will be held on Tuesday, November 17, 2009 at 5:00 p.m. Israel ‎time, at the offices of the Company, 12 Amal Street, Afek Park, Rosh Ha’ayin, Israel. ‎The record date for the meeting is October 14, 2009.
TTI Telecom will send to its ‎shareholders of record a proxy statement describing the various matters to be voted upon ‎at the meeting, along with a proxy card enabling them to indicate their vote on each ‎matter. TTI Telecom will also file the proxy statement with the Securities and Exchange ‎Commission (SEC) in the next few days.‎

The agenda of the meeting is as follows:‎

‎(1)‎ To re-elect Julie Kunstler as an outside director for an ‎additional three year term; ‎
‎(2)‎ To approve a decrease in the compensation paid to the ‎Company’s outside directors; and
‎(3)‎ To transact such other business as may properly come before ‎the Meeting or any adjournment thereof.

Items 1 and 2 require the approval of a simple majority of the shares voted on the matter. ‎
In addition, TTI would like to announce that TTI’s acting CFO, Mrs. Tali Tueg-Cohen ‎has been appointed to TTI’s CFO.