FAIRPORT, N.Y. – August 26, 2008 - PAETEC Holding Corp. (NASDAQ GS: PAET) today announced that it will migrate its billing platforms to the latest version of LeapTM RevChain from FTS (LSE: FTS).  The platform consolidation and upgrade will build on the existing long-term relationship between the two companies.

PAETEC is a leading national communications carrier that provides voice and data solutions to business-class customers.  FTS is a global provider of billing, customer relationship management (CRM) and Business Control Solutions for communications, content and service providers.

“PAETEC has leveraged FTS’ billing-platform expertise for more than a decade, and the flexibility of their solutions is very much aligned with PAETEC’s business model,” said Robert D. Moore, PAETEC’s Senior Vice President and Chief Information Officer.  “The enhanced capabilities we will gain through this migration will help us continue to address our customers’ needs in the most effective and efficient manner possible.

“FTS has proven themselves to be a reliable partner for PAETEC, and they have a deep understanding of the competitive communications industry,” Moore said.

Shaul Ganel, President, FTS Americas, said, “FTS has a long history with PAETEC and their evolving billing practices.  We look forward to continuing our support for PAETEC's customer-billing requirements.”