PRESS RELEASE

Openet Named Finalist for 2009 InfoVision Awards

June 8, 2009 - Openet

DUBLIN, Ireland—June 8th, 2009—Openet, the leading provider of Transactional Intelligence for the world’s largest and most innovative network service providers, has announced that its Fair Usage solution has been named a finalist in the IEC’s 2009 InfoVision Awards in the “Network and Services Management and Operations” category.

Openet’s Fair Usage solution enables broadband service providers to ensure profitability from their data services by enforcing limits on consumer usage volume, while offering subscribers additional options when limits are reached.  Built on Openet’s award-winning FusionWorks™ Framework, service providers can implement the Fair Usage solution to meet needs for regulating telecom network bandwidth.  The solution allows operators to control network congestion with opportunities to increase ARPU by up-selling services to heavy users.

“As network resources continue to be pushed to their limits, service providers are scrambling to find and implement the solutions that ensure customer loyalty and satisfaction,” said Openet CEO Niall Norton.  “Openet’s pedigree of innovation enabled the proactive creation of the Fair Usage solution, providing the transparency and flexibility that are crucial for operators to offer to subscribers using today’s bandwidth-heavy applications and services.” 

“The IEC’s InfoVision Awards recognize top contributions in the information and communications technologies (ICT) industry.  We’re pleased to recognize Openet as an InfoVision Awards Finalist for its Fair Usage solution,” commented IEC President John Janowiak.

The 2009 InfoVision Award winners will be announced on Monday, September 7, at Broadband World Forum in Paris.

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.

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