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WirelessDevNet.com Press Release

Cingular Wireless Selects Openet Telecom to Enable Value-Based Services


DUBLIN, Ireland & RESTON, Va.--April 29, 2004-- Openet Telecom, a world leader in convergent mediation, real-time charging and adjunct rating, today announced that Cingular Wireless has selected Openet's FusionWorks Mediation to support delivery of their multimedia messaging services (MMS) and short messaging services (SMS). This includes instant messaging, corporate email access, text messaging, game and ringtone downloads, photo sharing and wireless internet access. Openet's FusionWorks Mediation also plans to support the roll-out of future data services.

The Yankee Group, a leading communications research firm, expects overall data revenues, which include SMS and MMS, to reach $12.94 Billion by 2007, with U.S. subscriber rates reaching 69.2 Million.

John Rainger, CEO Openet, adds "We are delighted to add Cingular Wireless to our customer list and look forward to growing with them as they extend their data service offerings. This contract consolidates our leadership in this dynamic market."

About Openet Telecom

Established in July 1999, Openet Telecom is a world-leading provider of real-time revenue generating solutions that enable network operators to maximize the profitability of their network and services. Our products, FusionWorks Mediation, FusionWorks ActiveCharge and FusionWorks ActiveRate enable network operators with diverse networks to easily implement, manage, charge for, rate and bill sophisticated services - leading to enhanced profitability and quality of service. With headquarters in Dublin, Ireland and offices in Reston VA, London, Paris, Rome, Madrid, Singapore and San Francisco, Openet Telecom has signed customers that include Verizon Wireless, British Telecom, Orange Group and Telecom Italia Mobile. For more information, visit us at http://www.openet-telecom.com



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