PRESS RELEASE

Openet software honoured for product innovation and industry leadership

June 16, 2011 - Openet

DUBLIN, Ireland – June 16th, 2011 – Openet, the most innovative provider of Subscriber Optimization Software (SOS) to tier one communications and media service providers, today announced its CTO and founder, Joe Hogan, and three Openet solutions have been honored by leading telecom publications and organizations for the Company’s industry innovation and expertise.

Billing & OSS World magazine recognized Hogan as a Best Back Office Innovator and specifically highlighted Hogan’s hands-on approach and leadership in the creation of a customized activation, billing and charging solution specific to the iPad. Additionally, TMC, a global, integrated media company, honored the Company’s policy management solution, Policy Manager, with a 2011 INTERNET TELEPHONY BSS/OSS Excellence Award. The editors of INTERNET TELEPHONY selected Openet’s Policy Manager solution based on its ability to not only contribute to the success of its users’ businesses, but to also create an architecture that supports internal network operations.

Another notable achievement is the receipt of the Product of the Year award from Cable Spotlight, a publication dedicated to cable technology, which recognized Openet’s Interactive Services Fulfillment solution for its ability to enable operators to ease how they scale and deliver content to various applications, services and devices. With Openet’s Interactive Services Fulfillment solution, cable operators can launch interactive services and create a more personalized experience for their subscribers. 

Additionally, Openet’s Policy Manager 3.0 (PCRF) was named a Stevie Award finalist for Telecommunications Product of the Year by the American Business Awards. A national panel of judges will evaluate finalists’ innovation, creativity and effectiveness and will announce the Stevie Award winners at the ninth annual awards banquet on Monday, June 20th, at the Marriott Marquis Hotel in New York City.

Openet’s recognized leadership and solutions underline the Company’s culture of innovation as well as its ability to help its customers develop their approach to policy management. As operators’ networks and business models continue to evolve to meet the increasing demand to provide its customers with content everywhere, Openet’s awarded solutions will enable businesses to remain agile and meet market challenges.

“This industry recognition highlights Openet’s continued momentum and market impact for operators, media service providers and subscribers,” said Niall Norton, CEO, Openet. “Wireless and cable operators are under increasing pressure to create advanced systems that will deliver more content and personalized services to their customers. With the tools to enhance how content is delivered to end users, our customers can not only better serve their subscribers, but also drive business growth.”

 

About Openet

Openet is the most innovative provider of Subscriber Optimization Software (SOS) to tier one communications and media service providers. To succeed, today’s operators must know their subscribers, deploy innovative business models and control the allocation of network resources. Openet's offerings are engineered to attract subscribers and provide an optimal experience, minimize the cost to serve them and maximize revenue—making the most of every subscriber. With customers across the globe, Openet is meeting the needs of operators worldwide such as Vodafone, Orange, AT&T and Verizon. For more information, please visit www.openet.com.

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