MBG Expert User Joan Alvarado Acknowledged as AOTMP's 2009 Telecom Professional of the Year

    NEW YORK, NY, March 04, 2009 /24-7PressRelease/ -- At the 2009 AOTMP Industry Excellence Awards Ceremony in Orlando, Florida, Joan Alvarado of JP Morgan Chase (JPMC) was selected from a field of 11 other TEM experts as the Telecom Professional of the Year. MBG Expense Management, a leading telecom expense management provider, nominated Alvarado for the prestigious award due to her proven leadership at JPMC where she helped reduce over $10 million in recurring monthly expenses and generated over $75 million in vendor credits. Combining her unique understanding of telecom contracts with the knowledge of JPMC's communications networks, Joan used the MBG platform to discover ways to reduce communications at JPMC while not reducing the level of service for her demanding internal clients.

"Being honored as the Telecom Professional of the Year is extremely rewarding," says Joan Alvarado, accounting manager, JPMC. "I am happy that MBG acknowledged my contributions to improve JP Morgan's telecom and IT environment, while sharing the story of that achievement with the broader TEM community."

"The MBG team is thrilled to see one of our stronger users recognized for her professional success," said Michael Greenspan, chief executive officer of MBG. "MBG's vision is to be the quality platform of choice for enterprises seeking true control over their telecom and data services costs. Joan's success validates the premise that providing a centralized data repository with the right analytical tools in the hands of a TEM expert can deliver a tremendous return on investment to organizations."

2009 AOTMP Industry Excellence Awards were announced in categories including Project of the Year, Executive Stewardship Award, Telecom Professional of the Year, and Innovation of the Year. Key suppliers and other leaders within the industry submitted nominations for consideration.

The AOTMP Industry Excellence Award winners are chosen by distinguished judges and advisors that features leading professional and luminaries within the IT and telecom industry. Finalists were chosen through a series of qualifying criteria set-forth by the judges during the preliminary judging period. The awards were for those individuals and suppliers who showed a dedicated commitment to telecom and IT best practices.

In addition to Ms. Alvarado's award, MBG was named finalist for the Innovation of the Year award for the advanced budgeting, planning and ad-hoc reporting capabilities in the latest release of MBG's TEM platform.

About AOTMP
AOTMP, headquartered in Indianapolis, IN, is the leading provider of information solutions for managing telecom and IT environments. AOTMP's proprietary certifications, benchmarks, standards and best practices deliver measurable improvement in efficiency and productivity for managing wireless, voice, data and network services. From Fortune 50 companies to SMB, enterprises seeking the best return on telecom and IT services turn to AOTMP's industry research, advisory services, events, educational programs and performance management systems to achieve operational and financial efficiency. For more information, visit www.aotmp.com.

About MBG Expense Management
MBG Expense Management provides leading outsourced and on-demand telecom and IT expense management solutions to organizations seeking to enhance control over their telecom and IT costs. MBG Expense Management's solutions are focused on giving organizations the ability to manage, monitor, and order all of their telecommunications and IT services through a secure, centralized hub. MBG's core solutions include provisioning, inventory, invoice processing, and IT chargeback, along with extensive professional services that include audit, consulting, and contract negotiations for both landline and wireless communications services. Headquartered in New York, MBG Expense Management serves some of the largest multinational corporations as well as leading mid-market companies.

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