PRESS & MEDIA

Openet Telecom Strengthens North American Focus with VP Appointment

March 26, 2003 - Openet

Dublin, Ireland and Reston VA, 26 March 2003 - Openet Telecom, a world leader in real-time charging and convergent mediation, today announced the appointment of Richard Evans as VP North America, in a strategic move to penetrate key markets.

Evans joins Openet Telecom with an established track record in the telecommunications industry where he has negotiated multi-million dollar contracts with Tier-1 operators and built an extensive contact base with leading operators in Europe and North America.
 
His appointment further strengthens Openet's high-profile management team. Evans will focus on the North American region, where operators are exploring ways to recoup investments and fully exploit the potential of advanced services such as 2.5G, 3G, broadband IP and Wi-Fi (802.11 wireless LAN). Evans will be responsible for spearheading sales, developing strategic partnerships and broadening Openet's client base of leading operators.
 
"Openet is in a unique position to provide operators, large and small alike, with the solution set they need to jumpstart revenue growth in the midst of economic turbulence," commented Evans.
 
"We understand the complicated issues facing operators today. Our real-time charging and convergent mediation solutions are designed to help them maximise profits from advanced services while streamlining operations and controlling costs," added Evans.
 
"Rich brings a wealth of experience and a network of contacts that will galvanise our sales activity and support Openet's continued growth in the North American market," commented John Rainger, CEO Openet Telecom. "He will play a pivotal role in further securing our lead in an intensely competitive marketplace," he added.
 
Prior to joining Openet, Evans held several senior positions in software development, hardware manufacturing and IT consultancies including: Vibrant Solutions, Portal Software, CSC/CIS, Itronix and Itron. His successful record includes increasing sales up to 370% from 1998 through 2000 at Portal Software, winning the company's first major multi-million dollar commercial clients.
 
Evans will be based at Openet's North American headquarters at Reston, VA.
 
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.
 

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