Rosh Ha’ayin, Israel - August 25, 2009 - TTI Team Telecom International Ltd. (NASDAQ: TTIL), ('the Company'), a global supplier of Operations Support Systems (OSS) to communications service providers, announced today the results for the second quarter that ended on June 30, 2009.

Total revenues for the second quarter were $10.7 million, compared with $13.9 million in the second quarter of 2008, and $10.8 million for the first quarter of 2009. Total operating expenses were $5.3 million, compared to $7.4 million in the second quarter of 2008 and $5.2 million in the first quarter of 2009.

Operating income for the quarter was $644 thousand, compared with an operating income of $318 thousand for the second quarter last year and an operating income of $596 thousand in the first quarter of 2009. Net income was $912 thousand, or $0.05 per basic and diluted share, compared to net income of $260 thousand, or $0.01 per basic and diluted share in the second quarter of 2008, and net income of $513 thousand, or $0.03 per basic and diluted share for the first quarter of 2009.

Total revenues for the six months ended June 30, 2009 were $21.5 million, compared to $26.4 million in the six months ended June 30, 2008. Total operating expenses for the period were $10.5 million compared to $14 million in the first six months of 2008.

Operating income for the six months ending on June 30, 2009 was $1.2 million compared with an operating income of $536 thousand in the comparable period in 2008. Net income for the six months period that ended in June 30, 2009 was $1.4 million, or $0.07 per basic and diluted share, compared with a net income of $1.1 million, or $0.06 per basic and diluted share for the first six months of 2008.

As of June 30, 2009, the Company had approximately $27.4 million in cash and liquid investments.
TTI Telecom would like to note that due to the settlement with Telesens, as announced several weeks ago, the financial results of Telesens are presented separately, in the financial reports, as 'discontinued operations'.

Meir Lipshes, CEO of TTI Telecom, commented "This quarter, as the previous one, stands in light of continuing uncertainty and limited business visibility. In dealing with these business challenges, we at TTI Telecom are balancing our short term priorities with the company's long term growth ambitions. In the short term, and in the face of limited market visibility, we continue our relentless efforts to decrease our operating expenses and increase our operating income while maintaining a high level of service that is important to our loyal and long term customers. Looking at the long term, we do see customers searching for Operations Support Systems that can supervise and optimize today's advanced and constantly changing networks. To be able to capture this opportunity we are currently investing resources that in the future will leverage our advanced products, telecom know-how, and broad customer base."