PRESS & MEDIA

VENTELO NORGE A.S. SELECTS FUSIONWORKS MEDIATION FROM OPENET TELECOM

July 15, 2003 - Openet

Dublin, 15 July 2003, Openet Telecom, a world leader in real-time charging and convergent mediation, today announced that its award-winning FusionWorks Mediation solution is to be deployed at Ventelo Norge AS to provide voice mediation for its rapidly growing voice service subscriber base.

Ventelo Norge AS is Norway's fastest-growing wireline voice service provider. The company currently offers Voice, Mobile and Internet services to over 40,000 business and residential subscribers throughout Norway.
 
Under the deployment, Openet Telecom will collect and process voice traffic call detail records and distribute aggregated feeds for retail billing, interconnect billing, tracing, and error and statistics reporting.
 
"Ventelo Norge AS needed a mediation system that would offer value, integrate with our current systems and give us the flexibility to adapt as we grow. FusionWorks Mediation from Openet meets our needs and also offers us independence in our future deployment of services," commented Thore Berthelsen, CEO Ventelo Norge AS.
 
"We are delighted to secure this business based on the performance of our product and the strength of our established track record with the operator. FusionWorks Mediation is a convergent and scalable mediation system that is hardware and software independent," stated Jan Wiejak, VP Sales EMEA, Openet Telecom. "Our solution not only meets the needs of Ventelo Norge AS's existing fixed-line network, but will also meet the future needs of this growing network."
 
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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