PRESS RELEASE

Openet Telecom and Calculus Solutions win billing mediation deal with ISP, Nextra

February 11, 2000 - Openet

Dublin, IRELAND; Thursday, 11th February 2000: Openet Telecom Ltd., which specialises in Internet Protocol mediation software for global telecoms companies and ISP's, today announced that it has successfully delivered a billing mediation solution to Nextra, a Swiss based newly formed communications provider, which is part of leading telecoms company, Telenor. A feature of the deal is that Openet implemented a fully operational billing mediation system in less than four weeks.

In a competitive bid, Nextra selected Openet's FusionWorks, an advanced billing mediation system, to support its landline telephone operations. Openet combined with Calculus Solutions' Opera CCB product to provide a solution which is installed in Nextra's network operation centre. The system communicates with switching equipment supplied by Alcatel.
 
Niclas Walter (Chief Executive, Nextra) stated, "Openet's FusionWorks™ was selected by Nextra for this important project after a short but detailed analysis. One of the critical criteria in our decision was the ability of FusionWorks™ to accommodate the rather fast growth that we anticipate in the Swiss telecom network. Our decision was also based on the comprehensive scope of expertise, responsiveness and short turn around time for delivery. In this extremely competitive market, time is a most valuable commodity."
 
Paul Fitzgerald (Head of Sales and Marketing, Calculus) added, "We believe that FusionWorks™ from Openet Telecom complements our Opera CCB and can bring added value to the customer base we target in Europe. We feel that working together through such tight deadlines with a common customer has validated our partnership with Openet."
 
Barry Murphy (CEO, Openet Telecom) commented, "We are very pleased that Nextra, having entrusted Openet with a critical component of their operations, were so delighted with the delivered solution. Our expertise in the network infrastructure, fast turn around time, allied to our robust and feature rich FusionWorks™ mediation solution enable us to respond quickly to companies such as Nextra and deliver tremendous business value to them."
 
Openet Telecom is a leading provider of traditional and IP billing mediation software solutions to new license operators and ISPs in Europe. Its flagship product, FusionWorks™ provides real-time, and traditional batch mode collection and intelligent mediation of wireline, wireless and IP based networks. FusionWorks™ provides a practical transition solution for Service Providers who wish to leverage their investment in circuit switched networks and maximise revenues from newer packet switched networks and services.
 
Calculus Solutions Limited provides a low-entry cost, scaleable and integrated Customer Care and Billing (iCCB) product set for pan-European emerging and mature telcos. Using its wealth of experience in this area, the company designed Opera CCB(tm), a next-generation iCCB system based on the Sybase Adaptive Server database that addresses key business problems that earlier systems failed to do.
 
Nextra is Telenor's global brand for IP-based business sector services. Telenor has great international Internet ambitions, aiming to establish itself as one of the three leading Internet operators throughout Europe. This is to be carried out under the Nextra brand name. Telenor has already established Internet companies in Austria, the Czech and Slovak Republics and Switzerland which are focussing their activity delivering the business market with easy to use and scalable communication solutions.

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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