Corsair Communications

Software and system solutions for the wireless industry, focusing on fraud prevention and prepaid wireless billing

Corsair Communications, Inc (Nasdaq: CAIR). provided software and system solutions for the wireless industry, focusing on fraud prevention and prepaid wireless billing. The company's PhonePrint(R) system has proven highly effective in reducing cloning fraud. Corsair sold and marketed its products to wireless telecommunications carriers domestically and internationally. Since its first commercial introduction in 1995, PhonePrint has disconnected tens of millions of fraudulent call attempts and saved carriers millions of dollars in lost revenues. The system is transparent to cellular users and requires no PIN’s or delays in call setup. The company's customers include Alltel Communications, Inc., AT&T Wireless Services, Baja Celular Mexicana, S.A.de C.V., Bell Atlantic Mobile, BellSouth Cellular Corporation, Comcast Cellular Communications and many others. Hardware accounted for 49% of 1999 revenues; software license, 30% and maintenance and related services, 21%.