PRESS RELEASE

Openet Telecom Forms Alliance with U.S. Based eMIS

November 29, 2000 - Openet

Dublin, Ireland and Cannes, France, Wednesday, 29th November 2000 - eMerging Information Systems (eMIS) and Openet Telecom, two leaders in the global telecommunications billing industry, today announced a strategic technology alliance that will offer a bundle of cutting edge billing solutions which enable telecommunications service providers to rapidly introduce new products and price changes in the ever-changing competitive landscape. Details were announced at 'Global Billing 2000' in Cannes today. Under terms of the partnership, the two companies have established software compatibility between eMIS' Libertis™, a leading Java-based billing and customer care solution, and Openet Telecom's FusionWorks™, an open standards-based distributed mediation platform. The end result is a comprehensive offering that effectively manages systems relating to customer care, tariff management, mediation, network services, rating, inventory management, dealer management and commissioning, and point of sale.

"Through this partnership, eMIS and Openet Telecom are offering a third generation, end-to-end solution that can be implemented much faster than other software systems," said Marita Mitschein, chief executive officer at eMIS. "This technology provides businesses with a solid, cost-effective billing software architecture which can respond quickly to competitive pricing challenges and continually adapt to the needs of fast-growing businesses".
 
"As the battle for mobile phone customers continues to heat up, telecommunications service providers are scrambling to find solid software foundations that flex as the market changes," said Barry Murphy, chief executive officer at Openet Telecom. "By working with eMIS, we will be able to deliver scalable solutions that help our clients prepare for rapidly emerging technologies such as UMTS".
 
The Libertis™ billing and customer care solution is a simple, fully integrated suite of software modules which provides businesses with the freedom to react quickly to the competitive marketplace by virtually reducing the need for timely and costly software and hardware upgrades. Libertis™ is platform independent and currently supports UMTS, GPRS, WAP, GSM, PCS, CDMA, TDMA and Dual Band operations in the telecommunications market.
 
Openet's flagship product FusionWorks™ is a high performance convergent mediation platform, that unifies customer usage patterns from legacy network infrastructure, IP Networks, and 3G Wireless Networks. Its architecture is designed to maximise the strategic value of a Communication Service Provider's (CSPs) Business Support System, and accelerate the rollout of value added services across its network in a scalable and flexible manner. Openet empowers winning CSPs with true convergence - a unified, real-time view of a more satisfied customer, consolidated billing for all value-added services, increased revenue streams, and a speed to market never before attainable.

About eMIS
 
Headquartered in Research Triangle Park, North Carolina, eMIS is an internationally recognized provider of high volume billing and customer care software systems for telecommunications, public utility and multimedia providers. The company operates marketing and sales offices in Munich Germany and Research Triangle Park, North Carolina. eMIS development centers are located in Büdelsdorf Germany and Research Triangle Park, NC. For more information on eMIS, please visit www.emis-intl.com.
 
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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