ECtel Joins Forces With ESI for the Launching of XpertView^TM

PETAH TIKVA, Israel, July 26 /PRNewswire/ -- ECtel Ltd. (Nasdaq: ECTX - news) today announced that a cooperation agreement has been signed with ESI Expert Solutions International which will produce XpertView^TM, ECtel's newest software application, a revolutionary tool complementary to the QualiView^TM, an in-service, non-intrusive monitoring system in the Quality of Service (QoS) family of products.

XpertView^TM is a powerful application that runs batch processes on the outputs of the original QualiView^TM, and by implementing a sophisticated rule base engine, it correlates collected information, enabling telecommunications service providers to produce a list of the most important problems in their networks. This application is capable of detailing how it arrived at its conclusions, and provides recommendations to correct the problems.

Aharon Shech, President & Chief Executive Officer of ECtel Ltd. commented: "While our main focus is to provide our loyal customers the most innovative and comprehensive solutions for the monitoring of their networks, we are striving to make these solutions as effectual as possible so as to assist our customers to best maintain the quality of their networks with the least amount of human resources, thus positively affecting their bottom line. This powerful tool was overwhelmingly received at its demo presentation at the Annual Technical & Planning Symposium held in Tel-Aviv last week, and from this feedback, we expect the first commercial sales in Q/4 of 2000." He continued: "We are elated to have achieved such a collaboration, which we are sure will be another milestone in ECtel's commitment to success."

Yoram Romem, President & CEO of ESI Ltd. commented: "We are very proud to cooperate with ECtel, to provide embedded knowledge-based decision-making solutions. Our technology enables vendors of business tools to easily upgrade their products with a 'Knowledge Wizard,' thus providing their customers the benefit from additional 'wisdom' and 'experience' on their side." He continued: "It is ESI's strategy to embed our technology in products of partners such as ECtel. This cooperation is another milestone and a typical example of the win-win situations we create with our partners."

Notes:

ECtel Ltd.
As the leader in networks monitoring technology, ECtel Ltd. develops and markets solutions that enable telecommunications service providers to monitorthe quality of service over voice, data, cellular and VOIP networks; to detectand prevent telecommunications fraud, such as cellular fraud, calling cardfraud and premium rate services fraud; and to enable billing mediationapplications for traffic that is transported across networks of other serviceproviders. All products are proprietary in-house developed state-of-the-arttechnologies in the areas of SS7 signaling analysis, data management and DSPalgorithms and can be incorporated in one platform. For more information onECtel, we invite you to visit our web site at http://www.ectel.com/.

ESI
ESI is a leading provider of knowledge-based solutions. The company's comprehensive line of products enables better utilization of organization's knowledge assets and an improved decision making process, including a revolutionary web based "smart wizard" to assist any user or customer. Its solutions are rapidly adopted by the finance, telecom, e-Business and supply-chain industries, as well as vendors of products who wish to upgrade their offerings with a knowledge-based smart advisor. ESI is a Formula Group company (Nasdaq: FORTY - news), the largest Israeli publicly traded IT company.

For additional information, please visit our web site at http://www.esi-knowledge.com.

Certain statements contained in this release contain forward-looking information with respect to plans, projections or future performance of the Company, the occurrence of which involves certain risks and uncertainties, including, but not limited to, product and market acceptance risks, the impact of competitive pricing, product development, commercialization and technological difficulties and other risks detailed in the Company's filings with the Securities and Exchange Commission.