TTI Telecom Shares to Be Distributed by Controlling Shareholder

    Business Editors/High-Tech Writers

    PETACH TIKVA, Israel--(BUSINESS WIRE)--March 22, 2005--TTI Team Telecom International Ltd. (NASDAQ: TTIL) ("TTI Telecom"), a global supplier of Operations Support Systems (OSS) and Business Support Systems (BSS) to communications service providers, today announced that its controlling shareholder, Team Computers and Systems Ltd. ("Team"), has announced that the Board of Directors of Team has approved the distribution to Team's shareholders of 5,200,000 Ordinary Shares of TTI Telecom, constituting approximately 28.1% of TTI Telecom's outstanding share capital.
    The record date for the distribution is scheduled for March 31, 2005, and the distribution date is scheduled for April 14, 2005. Following the distribution, Team will hold 685,550 Ordinary Shares of TTI Telecom, constituting approximately 3.7% of TTI's outstanding share capital. Of the 5,200,000 Ordinary Shares to be distributed, 4,174,259 will be distributed to Team's controlling shareholders and will be subject to a holding period of one year following the distribution. The balance of 1,025,741 Ordinary Shares will be freely tradable on the Nasdaq Stock Market, except that the resale of shares by affiliates of TTI will be subject to the applicable conditions, including volume limitations, of Rule 144 under the Securities Act of 1933.

    About TTI Telecom:

    TTI Team Telecom International Ltd. offers advanced, modular and integrated software products and services for Operations Support Systems ("OSS") and Business Support Systems ("BSS") to telecom service providers. TTI Telecom is uniquely positioned to bridge legacy and next-generation, network and service infrastructures with its Netrac-based service assurance, fulfillment and revenue assurance solutions. With Netrac, service providers can reduce operating costs, enhance profitability and launch new, revenue-generating services more rapidly. Over 60 service providers worldwide have deployed TTI Telecom's solutions, supported by offices globally. For additional information, please visit www.tti-telecom.com.

    Forward looking statements in this release involve a number of risks and uncertainties including, but not limited to, product demand, pricing, market acceptance, changing economic conditions, risks in product and technology development, the effect of the Company's accounting policies as well as certain other risk factors which are detailed in the Company's SEC filings.

--30--SS/ny*

CONTACT: TTI Telecom Ltd. Investor Relations Officer Sanjay Hurry, 201-795-3883 Fax: 201-795-3920 sanjay@tti-telecom.com

KEYWORD: NEW YORK ISRAEL INTERNATIONAL AFRICA/MIDDLE EAST INDUSTRY KEYWORD: HARDWARE TELECOMMUNICATIONS SOFTWARE NETWORKING PRODUCT SOURCE: TTI Telecom Ltd.

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