Openet Debuts Two Products to Accelerate Service Provider Revenue From Next-Generation Services
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[May 19, 2008]

Openet Debuts Two Products to Accelerate Service Provider Revenue From Next-Generation Services

(Marketwire Via Acquire Media NewsEdge) DUBLIN, IRELAND, May 19 / MARKET WIRE/ --

Openet, the leading provider of
Transactional Intelligence for the world's largest and most innovative
network service providers, today announced the immediate availability of
two new products, FusionWorks Policy Manager(TM) and FusionWorks Balance
Manager(TM). The newest elements of the FusionWorks Product Suite, Policy Manager and Balance
Manager work in tandem to assist service providers in harnessing powerful
transactional capabilities to effectively target high-margin new services.
With these products, service providers can deploy solutions such as Parental Controls, Spending Limits and Flexible Accounts that will drive current and future

revenue opportunities.

As adoption and usage of high-speed data packages grow, service providers
will race to meet the myriad of next-generation subscriber needs -- varying
considerably in terms of capacity, performance and reliability. Policy
Manager and Balance Manager are built to meet the scalability, availability
and performance benchmarks required to conduct real-time decisions and
offerings, enabling service providers to address potential user
enhancements and new service offerings wherever and whenever possible,
making the most of each session's revenue opportunity.

"For many years, Openet has been a leader in telecom mediation -- that is,
collecting transactional data about network usage," said Paul Hughes, vice
president of communications software research at Yankee Group. "Openet has
a portfolio of tier-one customers, which uniquely positions them as
providers of dynamic controls for real-time services such as bandwidth
throttling, or allotting more or less bandwidth to customers depending on
their usage. FusionWorks Balance Manager and FusionWorks Policy Manager are
important additions to realizing their real-time vision," Hughes said.

FusionWorks Policy Manager

FusionWorks Policy Manager enables service providers to deliver
personalized services based on subscriber preferences by deploying service-
and subscriber-aware policy rules, and dynamically applying those rules to
respond to changing network and subscriber status. Leveraging user
profiles, real-time policies can be implemented that prioritize access,
performance, charging, roaming or service-dependent requirements, making it
possible for subscribers to create and be accurately charged for a
highly-personalized service package. These policies also ensure that
services match subscribers' performance expectations.

FusionWorks Balance Manager

As subscribers experiment and subscribe to different services, they will
require the flexibility to choose how they pay for these services.
FusionWorks Balance Manager delivers this flexibility while improving
customer service, limiting credit risks, and reducing costs. Balance
Manager enables service providers to deploy hybrid pre- and post-paid
accounts, manage account balances in real-time, organize subscriber
hierarchies, and enforce spending limits. Subscribers now have the
capability to allocate, share and administer balances at an account and
service level, giving them unprecedented control over their services.

"Balance and Policy Manager bring the flexibility and control service
providers need to ensure effective and timely delivering of next-generation
services," said Mike Manzo, Chief Marketing Officer, Openet. "Subscribers
will be continually courted with individualized services by competitive
providers, demanding that operators target new and exciting services
profitably. Balance and Policy Manager deliver the real-time data


accurately to keep service providers competitive and drive new revenue."

The combination of Policy and Balance Manager creates a host of powerful
and attractive new applications available for service providers to address
the targeted individual needs around of users:



Parental Controls -- Addresses usage concerns by enabling parents to
provide children the safety and convenience of wireless service while
setting sensible boundaries for its use.

Spending Limits -- Empowers customers to control their monthly spend
through real-time management of service balances, with limits viewed and
configured through a self-care portal.

Credit Controls -- Enables service providers to set limits on service usage
based on each subscriber's credit rating or payment history to avoid bad
debt and reduce churn.

Flexible Accounts -- Allows users to define their usage profile to enable
business, family or hybrid programs to automate service enablement based on
pre-set definitions.

Tiered Pricing Models -- Subscribers select the best data package for their
needs while operators increase network investment ROI with bandwidth and
resource monitoring.

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 BT, Orange, at&t and Verizon Wireless.
For more information, visit www.openet.com.

Contacts:
Andrea Kavanagh
Openet
+353 1 629 6456Email Contact
Megan Lane
SHIFT Communications
(617) 779-1854Email Contact

Copyright ? 2008 Marketwire

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