Cingular Wireless Selects Openet Telecom to Enable Value-Based Services over their Next Generation Wireless Network

Openet's FusionWorks Mediation to support delivery of data services for one of the largest wireless operators in North America

Dublin, Ireland and Reston, VA May 03, 2004; Openet Telecom, a world leader in convergent mediation, real-time charging and adjunct rating, today announced that Cingular Wireless has selected Openet's FusionWorks Mediation to support delivery of their multimedia messaging services (MMS) and short messaging services (SMS). This includes instant messaging, corporate email access, text messaging, game and ringtone downloads, photo sharing and wireless internet access. Openet's FusionWorks Mediation also plans to support the roll-out of future data services.

The Yankee Group, a leading communications research firm, expects overall data revenues, which include SMS and MMS, to reach $12.94 Billion by 2007, with U.S. subscriber rates reaching 69.2 Million.

Rainger, CEO Openet, adds “We are delighted to add Cingular Wireless to our customer list and look forward to growing with them as they extend their data service offerings. This contract consolidates our leadership in this dynamic market.

About Openet

Openet is a leading worldwide provider of event processing and transaction management solutions. The Transactional Intelligence of the company's solutions extracts increased value from diverse service provider networks, enabling rapid introduction of new services and reliable, cost-effective management of existing services. Openet is focused on delivering best-in-class network edge solutions and specialized engagement processes that create business value from network activity. A global company, Openet's implementations include long-running engagements with the world's leading service providers such as British Telecom, Orange, AT&T and Verizon Wireless. For more information, visit www.openet.com.

For further information:
Openet
Andrea Kavanagh
Phone: +353 1 620 4600
Email: Andrea.Kavanagh@openet.com

or

SHIFT Communications
Megan Lane
Phone: 617-681-1254
Email: mlane@shiftcomm.com