PRESS RELEASE

Openet Solution Helps Nextel Brazil on Revenue Assurance

December 8, 2008 - Openet

SAO PAULO, Brazil – December 8, 2008 Openet, the leading provider of Transactional Intelligence for the world’s largest and most innovative network service providers, has deployed its FusionWorks™ Mediation product in Nextel Brazil, the leading telecom provider in Brazil.  The application rolled out is Openet’s Revenue Assurance solution, the first line of defense against possible losses of revenue in the company.  The solution from Openet is now in full operation by Nextel.

This powerful mediation tool offers a rigorous mechanism of gathering data and generation of reports, and is assisting Nextel in tasks as the superior organization of its IT system for revenue guarantee.
 
"Openet supplied us with tools made to track and locate any potential sources of revenue leakage, and strengthened our qualification in recognizing such sources of income," affirms Tomas Spedalleti, IT director of Nextel.  For the executive, Openet´s solution of revenue guarantee "provides a considerably bigger volume of revenue for the collecting system of that one previously used by the company."
 
The project started at the end of 2006 and was concluded in middle of last year.  During these months, a team of 10 people customized the original program developed by the Irish company.  "About 90 percent of the work was carried through by our team here in Brazil," says Mauro Vicente, sales director and Openet partnership in Brazil.  Jim Chadwick was the program manager and Bruno Soares, project manager for Openet.
 
Openet in Ireland and its North American office supplied the necessary technical support in order to roll out the products quickly, guaranteeing Nextel Brazil maximum profitability and control over its operations.
 
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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