NEW YORK, July 18, 2012 (GLOBE NEWSWIRE) -- Global Convergence Solutions, Inc., (GCS) a leading pioneer in inter-carrier Operational and Business Support Systems (OSS & BSS) for the worldwide telecommunications marketplace, announced on July 12, 2012, it had been named a winner of the 2012 NGN Leadership Award from INTERNET TELEPHONY magazine and Next Gen Mobility magazine. INTERNET TELEPHONY and Next Gen Mobility magazine are operated by TMC, a global, integrated media company helping clients build communities in print, in person and online.

The 2012 NGN Leadership Awards recognize the growth and evolution of today's network technologies, including infrastructure and enabling technologies, as well as applications and services designed to be delivered on these advanced networks. GCS' Dynamic Routing & Rating Management Solution won this award.

The GCS Dynamic Rate Management Solution is the next generation of carrier operational tools enabling carriers to possess the controls and capabilities needed to optimize inter-carrier voice business. The GCS Dynamic Rate Management Solution includes features and functions that cover a range of services from Carrier Entity Management to Rate Management, CDR Processing, Inter-Carrier Invoicing and Credit limit management. In short, GCS provides tools and capabilities to allow carriers to manage day-to-day tasks.

"GCS is honored to receive this award from TMC, a true leader in the technology media space," states Neal Axelrad, CEO of Global Convergence Solutions. "As we move towards meeting our customers' future needs, we strive to remain at the forefront as an innovator and partner to the companies we serve. The technologies of tomorrow are fueling the ways our customers do business and we are dedicated to providing the software platforms that make their business transactions seamless."