PRESS RELEASE

Openet Announces Major Tier 1 APAC Deal

April 12, 2006 - Openet

Dublin, Ireland and Reston, VA, April 12th 2006; Openet Telecom, a world leader in advanced mediation, real-time charging and network-edge rating, has been successfully awarded a contract for its FusionWorks™ ActiveCharge and FusionWorks™ Mediation products for voice and data services with a Tier 1 operator group in Asia Pacific working with one of its regional partners Tech Mahindra.

Openet’s FusionWorks™ products will be supporting the release of 2G and 3G services to both pre- and post-paid customers in 2006. With mobile penetration of approximately 20%, the Indonesian market is poised for massive growth and a split of 90% prepay 10% postpay is anticipated. With FusionWorks enabling converged pre- and post service delivery, Openet’s client is well positioned to capitalize on this growth using Openet’s scalable architecture.
 
Openet's customer plans a range of nationwide comprehensive and affordable wireless communications services in Indonesia, through a GSM 1800 network with UMTS infrastructure overlaid in key cities. According to plan, the network shall be expanded in phases with target completion of around 2,000 cell sites in Phase One in the second half of 2006.
 
A spokesman for the customer said “Indonesia is one of our key strategic growth markets. It is our priority to build a high quality wireless network with scalability from the beginning.”
 
This new licence win consolidates Openet's presence in the region and builds on the successes of 2005 in APAC for Openet. “The capability of the FusionWorks platform to deliver converged pre- and post-paid services with unrivalled flexibility and scalability was key to our winning this prestigious account” says Amelia Power, Sales Director, APAC, Openet Telecom.

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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