PRESS RELEASE

Openet’s FusionWorks Platform Wins Gold Mobile Star Award in Best Operator Software Category

October 29, 2007 - Openet

DUBLIN, Ireland – October 29, 2007 – Openet, a provider of Transactional Intelligence solutions for the world’s largest and most innovative service providers, today announced that it has been awarded a Gold Mobile Star Award™ from MobileVillage®, the 14-year leader in market development and news services about mobile technology.

The annual Mobile Star Awards aim to honor and promote the best companies, products, deployments and leaders in mobile and wireless technology.  Winners are chosen by subscribers of Go Mobile®, MobileVillage’s free online newsletter sent to technology executives, mobile professionals, IT managers, developers and top tech journalists.
 
“Today, there are more mobile and wireless products, and more mobile users than ever before,” says MobileVillage Editor Gary Thayer.  “So there’s a natural need for people to see and compare what’s out there.  Nearly 2,000 MobileVillage readers cast votes for their favorite mobile products, services and companies, and consider Openet to be an industry-leading vendor of operator software.  They are eager to share their success stories and knowledge of the FusionWorks Platform with others.”
 
The FusionWorks Platform delivers processing and transaction management software at the highest performance, scalability and flexibility service providers require to deploy and manage services.  Its breadth of solutions, which include Convergent Mediation, Convergent Charging, Network-Edge Rating, Lawful Network Surveillance and Revenue Assurance, is unparalleled in the industry.  Proven to integrate seamlessly across any network and support any service, FusionWorks provides unmatched availability and processing speed while handling billions of real-time events and transactions every day.
 
“Openet is focused on providing best-in-class solutions to our service provider customers,” said Joe Hogan, CTO and Founder of Openet.  “The FusionWorks Platform is a direct response to our customers’ business challenges in the increasingly competitive telecom landscape.  Our solution suite enables service providers to decrease operating costs and increase profitability by consolidating infrastructure—all the while ensuring that reliable service is maintained as new services are introduced into the marketplace.”
 
This year’s Mobile Star Awards winners are posted online at http://www.mobilevillage.com/awards.htm.
 
About MobileVillage®
Founded in 1993, MobileVillage is a market and solution development company dedicated to advancing mobile and wireless enterprise computing in a wide range of industries. MobileVillage accomplishes this by fostering education and alliances through "Best of Breed" solution identification, event partnerships, an online industry directory, industry job postings, daily online news, its widely respected Go Mobile® newsletter, a Mobile Mentors™ program, and popular annual Mobile Star Awards™ program. Visit MobileVillage online at www.mobilevillage.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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