PRESS RELEASE

Openet Earns 2009 NGN Leadership Award from NGN Magazine

April 27, 2009 - Openet

DUBLIN, Ireland—April 27, 2009—Openet, the leading provider of Transactional Intelligence for the world’s largest and most innovative network service providers,  announced today that Technology Marketing Corporation
 
(TMC), www.tmcnet.com, has named the Tiered Service Controls solutio as a recipient of the First Annual NGN Leadership Award presented by its publication, NGN, www.ngnmag.com.  

Openet’s recently released Tiered Service Controls solution allows operators to categorize and accurately track usage in order to bill and meet the diverse needs of all subscribers.  Based upon Openet’s FusionWorks™ Policy Manager and Convergent Charging products, Tiered Service Controls enables operators to define multiple access plans based on different variables such as speed, volume, application and prioritization.  With Tiered Service Controls in place, operators can monitor and control subscriber usage, allowing flexibility and opportunities to up sell additional network resources, meeting the subscriber’s needs for additional resources and operators’ need to increase revenue.

“Subscriber control and visibility continues to be imperative to service provider revenue streams and customer satisfaction, and Tiered Service Controls provides both constituencies an unprecedented level of transparency,” said CEO Niall Norton.  “At Openet, we take great pride in responding to these industry challenges, delivering the innovation customers expect from us to stay ahead of market demands and needs.”

“Openet has been recognized for its exceptional work in advancing IMS and NGN services and technologies, and we honor the Tiered Service Controls solution with an NGN Leadership Award,” stated Rich Tehrani, president of TMC.  “With the significant growth in next generation network technologies, receiving this award distinguishes them as a leader in the industry.”

The 2009 NGN Leadership Award winners can be found in the May/June 2009 issue of NGN Magazine, www.ngnmag.com. 

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 BT, Orange, AT&T and Verizon Wireless.  For more information, visit www.openet.com.

About NGN Magazine
NGN Magazine is the resource for communications service providers and the supporting ecosystem of equipment providers, System Integrators and solutions developers as they make the transition to next generation networks.

NGN Magazine will cover how these new technologies will integrate with legacy systems, and how they will improve service, deliver new applications, and offer ROI to carriers.  TMC continues to provide leading-edge information as this market develops. NGN represents the evolution of IMS Magazine.  Launched in January 2009, NGN encompasses a wider swath of the important trends and newsmakers that are shaping the networks of the future. 

About TMC
Technology Marketing Corporation (TMC) is a global integrated media company helping our clients build communities in print, in person and online.  TMC publishes Customer Interaction Solutions, INTERNET TELEPHONY, Unified Communications, and NGN Magazine.  TMCnet, TMC's Web site, is the leading source of news and articles for the communications and technology industries. TMCnet is read by two to three million unique visitors each month worldwide, according to Webtrends.  Ranked 3,034 by Quantcast, TMCnet is in the top .03% most visited Web sites in the US. In addition, TMC produces ITEXPO, 4GWE Conference, Digium|Asterisk World and Communications Developer Conference.

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