TTI Team Telecom International Ltd. (TTIL), a global supplier of Operations Support Systems (OSS) to communications service providers, today announced results for the third quarter ended September 30, 2009. The company is holding onto 30% gains on the day on well above average trading volume. Total revenues for the third quarter were $10.3 million, compared with $12.7 million in the third quarter of 2008, and $10.7 million for the second quarter of 2009. Net income for the third quarter was of $1.3 million or $0.07 dollar per basic and diluted share, compared to a net loss of $1 million or $0.06 dollar per basic share and diluted share in the third quarter of 2008, and net income of $0.9 million or $0.05 dollar per basic and diluted share for the second quarter of 2009.