ECtel Issues Notice of Extraordinary Meeting of Shareholders and Proxy Statement

ROSH HA'AYIN, Israel, November 6 /PRNewswire-FirstCall/ -- ECtel Ltd.ECTX, announced today that it has issued a notice and proxystatement in connection with its extraordinary meeting of the company'sshareholders to be held at 10:00 a.m (Israel time) on Friday, December 11,2009, at the executive offices of ECtel at 10 Amal Street, Park Afek, RoshHa'ayin, Israel. The detailed notice and proxy statement to the shareholdersis being mailed on or about November 6, 2009. A copy of such notice and proxystatement has been submitted to the United States Securities and ExchangeCommission and may be viewed at http://www.sec.gov and on the company'swebsite at http://www.ectel.com.

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At the meeting the company's shareholders will be requested to vote on,among other matters, approval of the agreement and plan of merger by andamong the company, cVidya Networks Inc. and a subsidiary of cVidya.

About ECtel

ECtel ECTX is a leading global provider of Integrated RevenueManagement(TM) (IRM(R)) solutions for communications service providers. 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