PRESS RELEASE

Openet Telecom Appoints Director of Marketing for Europe, Middle East And Africa

June 11, 2001 - Openet

11 June 2001; Openet Telecom, the world leader in convergent mediation, today announced that it has expanded its corporate marketing group with the appointment of Andrew Court as director of marketing for Europe, the Middle East and Africa. Court was formerly global Internet marketing manager for Lucent Technologies Software Products Group.

Court will be responsible for spearheading Openet's marketing drive into Europe, the Middle East and Africa. The company currently operates offices in Ireland, UK, Germany, France, Sweden and the US, and recently announced a major global expansion under which it plans to add 200 new jobs by the end of 2002.
 
With over ten years experience in the technology sector, Court has considerable management and marketing experience with US and European technology multi-nationals including Lucent and Kenan Systems Corporation.
 
Roger Davis, Openet Telecom's VP worldwide marketing said 'Andrew Court has a unique combination of market & technical knowledge, an outstanding track record and dynamic personality that make him the ideal person to lead our marketing activities in Europe, the Middle East & Africa. The region that has become the engine room for Openet Telecom's success as the leading provider of mediation solutions.'
 
Photography available on request.
 
This news release (and illustration) is issued in accordance with Clause 1.2j of the British Codes of Advertising and Sales Promotion and therefore cannot be subject to a transaction of any kind.

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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