PRESS RELEASE

TeleKnowledge and Openet Partner to Offer Comprehensive Convergent Solutions for Data and Voice

September 11, 2000 - Openet

London, UK and Dublin, Ireland, September 11th , 2000 - TeleKnowledge, a leading provider of value-based billing software solutions for IP/broadband service and content providers, and Openet Telecom, an independent telecommunications software company dedicated to providing convergent mediation solutions today announced a joint marketing and integration agreement.

The integration of Total-e™ from TeleKnowledge and FusionWorks™ from Openet will allow immediate consolidation, mediation, filtering, rating and billing for a wide variety of services offered by today's telecom operators and service providers.
 
"As service providers offer a multitude of voice and data services, the correlation of data from heterogeneous networks becomes essential and even critical. Total-e'™s flexible plug?and?play architecture makes it easy to define, introduce and price any type of service," stated Raanan Peleg, VP Sales & Marketing, Europe at TeleKnowledge. "When combined with FusionWorks™ - the high performance mediation software that collects and correlates customer usage patterns from a wide variety of network elements - we offer a unique and innovative solution for convergent customer care and billing."
 
"This partnership with TeleKnowledge will provide wireline and mobile telecom operators with a complete solution where the diverse range of customer services can be rated, billed and viewed on the same invoice," added Stuart Kelly, VP Sales at Openet Telecom.
 
Under the terms of the partnership the two companies will co-market each other's products and services in a variety of ways, including trade shows and customer referrals.

About TeleKnowledge
 
Founded in 1997, TeleKnowledge develops and markets value-based billing software solutions for broadband service and content providers. The company's flagship product, Total-e, is designed to enable providers to seamlessly create and deploy value-added offerings as well as manage revenue exchanges and payments between content-based trading partners. TeleKnowledge helps providers increase revenue and profits by introducing dynamic revenue-optimizing services and content tightly linked to customer value perceptions. The company's corporate headquarters is in Framingham, Massachusetts with international headquarters in Israel and offices throughout Europe. For more information about the company, visit www.teleknowledge.com.
 
Total-e™ is a Trademark of TeleKnowledge group Limited

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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