MTS Announces Date of Third Quarter 2007 Results

A conference call is scheduled for 11:00 a.m. EST/6:00 p.m. Israel timeon Wednesday, November 7 . To access the conference call, please dial+1-800-8602442 (U.S.), +1-412-8584600 (international), at least 10 minutesprior to commencement of the call. Reference the MTS conference call orconference ID #MTS.

On the call, Eytan Bar, President and Chief Executive Officer, and AlonMualem, Corporate Chief Financial Officer, will review the company'sfinancial results for the third quarter 2007. In addition, management will beavailable for questions from the investment community.

A replay of the call will be available from November 7 through 11:59 p.m.EST on November 14. To access the replay, please dial +1-800-8602442

About MTS

Mer Telemanagement Solutions Ltd. (MTS) is a global provider of businesssupport systems for comprehensive telecommunication management and customercare & billing solutions. MTS' business support system is a full-featuredcustomized solution for telecommunications management, Interconnect andcustomer care & billing. Its telecommunications expense management solutionis used by corporations and organizations to improve the efficiency andperformance of all telecommunication and information technology operations,and to significantly reduce associated costs. Its service providers andcarriers solutions are used to support sophisticated billing, web-basedself-provisioning, partners management and interconnect billing.

Headquartered in Israel, MTS markets through wholly owned subsidiaries inthe United States, Hong Kong, Holland, and Brazil, and through OEMpartnerships with Siemens, Phillips, NEC and other vendors. MTS' shares aretraded on the NASDAQ Capital Market (symbol MTSL). For more informationplease visit the MTS web site:

Certain matters discussed in this news release are forward-lookingstatements that involve a number of risks and uncertainties including, butnot limited to, risks in product development plans and schedules, rapidtechnological change, changes and delays in product approval andintroduction, customer acceptance of new products, the impact of competitiveproducts and pricing, market acceptance, the lengthy sales cycle, proprietaryrights of the Company and its competitors, risk of operations in Israel,government regulations, dependence on third parties to manufacture products,general economic conditions and other risk factors detailed in the Company'sfilings with the United States Securities and Exchange Commission.

    For further information, please contact:    Alon Mualem    Corporate CFO    MTS - MER Telemanagement Solutions    Tel: +972-9762-1733    Email: