[October 02, 2008]

Telefónica España Chooses Ulticom for Major Prepaid Calling System Upgrade

Signalware on Linux platform lowers operating costs and improves performance

Mt. Laurel, N.J., September 23, 2008 � Telefónica España has chosen Ulticom (News - Alert)�s® (ULCM.PK) Signalware® application development and deployment platform as the foundation for the evolution of its prepaid wireless IN infrastructure in Spain, Ulticom announced today.

Ulticom distributor partner and integrator Mántica Solutions is advising Telefónica on its program to evolve and consolidate its service delivery platform base by adopting Linux-based technologies and applications.

Ulticom�s Signalware SS7 platform for Linux � including software and PCI Express boards � will be the primary signaling platform for Telefónica�s prepaid wireless services and the foundation for next-generation, fixed-mobile converged charging. The new signaling platform will enable Telefónica to achieve service consolidation, outstanding performance and infrastructure cost-saving. Other Ulticom-powered deployments by Telefónica in Spain include Presence and Location services.

�Ulticom�s Signalware platform has already proven itself in seven years of service in the Telefónica network, and we expect it to be a pivotal part of our prepaid services in the coming years. We have experienced a significant improvement in terms of performance and availability, and are impressed with the high level of quality, service and support provided by Ulticom and Mántica,� said José Gallego, Director of Services Capabilities for mobile services at Telefónica España.

�Flexibility, control, and a rich feature set continue to make Telefónica�s prepaid services an attractive offering for wireless subscribers,� said Shawn Osborne, President and CEO of Ulticom, Inc. �We take pride in working with leading wireless service providers such as Telefónica where quality, robustness, and scale combine to deliver high value services.�

�Ulticom and Mántica continue to benefit from a long-standing, productive partnership,� said Carlos Egea, Director of Sales and Business Development, Mántica. �Ulticom�s industry leading signaling solutions portfolio, combined with Mántica�s local technical consulting and support, proves to be an attractive value proposition to Telefónica.�

About Ulticom, Inc.
Ulticom provides service essential signaling solutions for wireless, wireline, and Internet communications. Ulticom's products are used by leading telecommunication equipment and service providers worldwide to deploy mobility, location, payment, switching, and messaging services. Ulticom is headquartered in Mount Laurel, NJ with additional offices in the United States, Europe, and Asia. For more information please visit www.ulticom.com.

About Telefónica
Telefónica is one of the largest telecommunications companies in the world in terms of market capitalization. Its activities are centered mainly on the fixed and mobile telephony businesses with broadband as the key tool for the development of both.

The company has a significant presence in 25 countries and a customer base that amounts more than 245 million accesses around the world. Telefonica has a strong presence in Spain, Europe and Latin America, where the company focuses an important part of its growth strategy.

Telefónica is a 100% private company, with more than 1.5 million direct shareholders. Its share capital currently comprises 4,704,996,485 ordinary shares traded on the Spanish Stock Market (Madrid, Barcelona, Bilbao and Valencia) and on those in London, Tokyo, New York, Lima, Buenos Aires and São Paulo. For more information please visit www.telefonica.es

About Mántica Solutions
Based in Madrid, Spain, Mántica Solutions is a distributor of core network enabling technology and solutions for telecom operators, equipment providers and ISVs. In addition, MANTICA provides support and specialized professional services. The company counts on a team of first-class professionals. Shareholders come from Spanish Telecom and Financial firms with years of experience on international sales and development of strategic alliances with technology providers. Engineering team has extensive background in Telecom Core Networking, Support services and Project Management in the fields of SS7 signaling, IN and next generation Service Delivery Platforms based on new emerging and converged technologies. For more information please visit http://www.mantica-solutions.com/

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