CTI Group Reports Third Quarter 2011 Results

INDIANAPOLIS, Nov. 14, 2011 /PRNewswire/ — CTI Group (Holdings) Inc.
(OTCBB:CTIG), an international provider of electronic invoice processing and
management (EIM), enterprise communications management software and services
solutions, and carrier class voice over internet protocol (VoIP) management
applications, reported results for the three and nine months ended September 30,
2011. Revenues for the three and nine months ended September 30, 2011 increased
to $4,378,665 and $12,495,621, respectively, as compared to revenues for the
three and nine months ended September 30, 2010 of $3,346,509 and $10,864,598,
respectively. The Company reported a net loss for the three and nine months
ended September 30, 2011 of ($178,838) and ($803,052), respectively, or ($0.01)
and ($0.03) per share, respectively, as compared to a net losses of ($728,388)
and ($1,399,038), respectively, or ($0.03) and ($0.05) per share, respectively,
for the three and nine months ended September 30, 2010. The increase in revenues
and decrease in net losses for the three and nine months ended September, 30
2011 was primarily attributable to increases in demand from UK operations.

Commenting on the results, John Birbeck, CTI Group’s President and CEO, stated,
“We are very encouraged by the improvement in our third quarter results. We
undertook cost containment measures in the third quarter to better position us
to pursue profitable growth opportunities in the future. Had we not incurred
$289,000 in severance costs in the third quarter, we would have reported a
profit in the quarter.”

The Company’s hosted VoIP applications are expected to help eliminate customer
resistance to conversion to next-generation platforms, while creating new
revenue opportunities for service providers through the delivery of compelling
value added services. CTI Group’s products include emPulse, a real-time
web-based communications management and analysis solution, and the award-winning
SmartRecord®, which enables service providers to selectively intercept and
record any communications on behalf of their hosted and managed service
customers. Specifically engineered to seamlessly integrate with the service
provider’s evolving online eBusiness strategy, these business applications
provide enterprise customers with customized access to their provider’s
eBusiness portal and their complex service invoices.

The Proteus® suite of products is used by companies, institutions and government
agencies to track communications activity and to control costs associated with
operating communications networks. Proteus® performs functions of call
accounting, cost allocation, client bill-back, analyses of trunk traffic and
calling and usage patterns, toll fraud detection, directory services, integrates
with SmartRecord® as well as with other private branch exchange peripheral
products.

The EIM suite of products includes: Analysis, for complete on-line customer care
of mobile, fixed line and data services; SplitBill to enable users to automate
Business vs Personal use; and Dynamic Reports, which is a “push” analysis,
billing and advertising medium for mobile, data and fixed line, targeting the
consumer and SMB markets.

About CTI Group – CTI Group (Holdings) Inc. is an international provider of
electronic invoice processing and management, enterprise communications
management software and services solutions, and carrier class voice over
internet protocol (VoIP) management applications. CTI Group’s Analysis,
SmartBill®, SmartRecord® and Proteus® product suites offer a full array of
solutions for traffic analysis, post-billing call analysis, customer care and
call recording. CTI Group’s products are used by some of the top service
providers in North America and the United Kingdom, and play a trusted role in
managing telephony costs at major corporations internationally. Headquartered in
Indianapolis, CTI Group maintains overseas offices in London and Blackburn, UK.
For more information, please visit CTI Group’s website at www.ctigroup.com.

Safe Harbor Statement — This release may contain “forward-looking” statements.
Examples of forward-looking statements include, but are not limited to: (a)
projections of revenue, capital expenditures, growth, prospects, dividends,
capital structure and other financial matters; (b) statements of plans and
objectives of CTI Group or its management or Board of Directors; (c) statements
of future economic performance; (d) statements of assumptions underlying other
statements and statements about CTI Group and its business relating to the
future; and (e) any statements using the words “could”, “should”, “anticipate”,
“expect”, “may”, “project”, “intend”, “will”, “believe” or similar expressions.
CTI Group’s ability to predict projected results or the effect of events on CTI
Group’s operating results is inherently uncertain. Forward-looking statements
involve a number of risks, uncertainties and other factors that could cause
actual results to differ materially from those discussed in this document. These
factors include, but are not limited to: effects of recent economic crisis,
ability to attract and retain customers to purchase its products, ability to
develop or launch new software products, technological advances by third parties
and competition, ability to protect the Company’s patented technology, ability
to obtain settlements in connection with its patent enforcement activities and
the risks described in CTI Group’s periodic reports filed with the U.S.
Securities and Exchange Commission.