PRESS RELEASE

Openet Announces Two Successful July Tier 1 Deployments in Europe

August 9, 2006 - Openet

Dublin, Ireland and Reston, VA, August 9th, 2006; Openet, the leading provider of active billing mediation and charging solutions that enable network operators to maximize the profitability of their network and services, today announced two successful customer deployments by tier one European wireless operators in July. By selecting Openet’s FusionWorks™ Mediation and ActiveCharge products, both operators were able to deploy one scalable, configurable system across their entire network that delivers cost savings while enabling rapid rollout of new services.

Network-edge convergence offered by Openet’s FusionWorks™ framework delivers real gains in terms of business differentiation, operational efficiency and revenue assurance. The FusionWorks™ ActiveCharge solution deployed by one of the customers enables the provision of all its current and future mobile web and data services to its prepaid subscribers. The solution allows the operator to price data services on a pay-per-usage or a pay-per-package basis and charge for either volume or time.
 
“These deployments demonstrate Openet’s ongoing commitment to meeting our customer’s needs with the industry’s most scalable, high performance mediation and charging solutions,” said Bill Branagh, vice president of sales for EMEA. “These deployments further establish Openet FusionWorks™ Framework’s position as the mediation platform of choice for fixed and mobile operators, with more than 50 installations by the world's best known wireless and IP network operators.”
 
“These customers were pleased not only in Openet’s ability to solve their business problems, but even more so in that Openet delivered on our promises by deploying on time, within budget and without disruption of existing IT and network infrastructure”, added Branagh.
 
Specifically designed to enable operators to consolidate legacy and new mediation and charging systems, FusionWorks™ allows the mediation and charging for any combination of fixed, wireless, IP and advanced communications services from a single application. FusionWorks™ has quickly gained market share among the worlds leading operators helping them turn marketing inspiration into chargeable services and revenue.
 
“Openet is already renowned as the thought leader for OSS solutions and this demonstration of our capability to deliver the customer focus and responsiveness that Tier 1 Telecom and Cable Operators need to ignite new services and encourage vital new revenues.” said Branagh.

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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