ECtel Receives NASDAQ Notice of Bid Price Deficiency

ROSH HA'AYIN, Israel, September 21 /PRNewswire-FirstCall/ -- ECtel Ltd.(NASDAQ: ECTX), a leading provider of Integrated Revenue Management(TM)(IRM(R)) solutions for communications service providers, announced today thaton September 15, 2009, the Company received a letter from NASDAQ stating thatthe Company is not in compliance with NASDAQ Marketplace Rule 5450 (a)(1)(the "Minimum Bid Price Rule") because shares of its common stock had closedat a per share bid price of less than $1.00 for 30 consecutive business days.In accordance with Marketplace Rule 5810(c)(3)(A), the Company has beenprovided with 180 calendar days, or until March 15, 2010, to regaincompliance with the Minimum Bid Price Rule.

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If at any time prior to March 15, 2010, the bid price of the Company'ssecurities closes at $1.00 per share or more, for a minimum of 10 consecutivebusiness days, NASDAQ will provide written notification that compliance hasbeen regained.

In the event the Company does not regain compliance with the Minimum BidPrice Rule prior to the expiration of the grace period, it will receivewritten notification that its securities are subject to delisting.Alternatively, the Company may be eligible for an additional grace period ifit meets the initial listing standards, with the exception of bid price, forThe NASDAQ Capital Market. To avail itself of this alternative, the Companywill need to submit an application to transfer its securities to The NASDAQCapital Market.

About ECtel

ECtel (NASDAQ: ECTX) is a leading global provider of Integrated RevenueManagement(TM) (IRM(R)) solutions for communications service roviders. Apioneering market leader for nearly 20 years, ECtel offers carrier-gradesolutions that enable wireline, wireless, converged and next generationoperators to fully manage their revenue and cost processes. ECtel servesprominent Tier One operators, and has more than 100 implementations in over50 countries worldwide. Established in 1990, ECtel maintains offices andpresence in the Americas, Europe and Asia. For more information, visithttp://www.ectel.com.

Certain statements contained in this release contain forward-lookinginformation with respect to plans, projections or future performance andproducts of the Company, the occurrence of which involves certain risks anduncertainties. Although we believe the expectations reflected in suchforward-looking statements are based upon reasonable assumptions, we can giveno assurance that our expectations will be obtained or that any deviationswill not be material. Such statements involve risks and uncertainties thatmay cause future results to differ from those anticipated. These risksinclude, but are not limited to, the effects of general economic conditions,the possible slow-down in expenditures by telecom operators, adverse effectsof market competition and the impact of competitive pricing and offerings,,the reoccurrence of sales to existing customers, the ability to recognizerevenue in future periods as anticipated, the unpredictability of the telecommarket, product and market acceptance risks, ability to complete developmentand market introduction of new products, fluctuations in quarterly and annualresults of operations, dependence on several large customers,commercialization and technological difficulties, risks related to ouroperations in Israel and risks associated with operating businesses in theinternational market. These and other risks are discussed at greater lengthin the Company's annual report on Form 20-F and other filings with theSecurities and Exchange Commission. ECtel may elect to update theseforward-looking statements at some point in the future, however the Companyspecifically disclaims any obligation to do so and undertakes no obligationto publicly release any revisions to these forward-looking statements toreflect events or circumstances after the date hereof or to reflect theoccurrence of unanticipated events.

SOURCE Ectel Ltd