[September 3, 2003]

Neustar Acquires Assets Of NightFire Software

Neustar, Inc. announced the acquisition of the assets of NightFire Software Inc., a provider of standards-based service management solutions for the communications industry. NeuStar absorbs NightFire's sales and customer support staff and designates NightFire's Oakland facilities as its new operations support systems (OSS) development center. The terms of the transaction were not disclosed.

"The NightFire acquisition is one of many steps we are taking to expand our Service Management Solutions line of business and to establish our leadership position in the OSS market," said Jeffrey E. Ganek, chairman and CEO of NeuStar. "Trends in the OSS market favor our outsourced, transaction-based clearinghouse model. Carriers continue to see service revenue margins decline while facing an ever increasing capital and operational expenditure squeeze -- an unsustainable situation putting added pressure on the health of the carrier's business."

"NightFire has an excellent technology platform tested by a blue-chip customer base. By offering NeuStar's OSS clearinghouse services, powered by NightFire, we provide our customers greater economies of scale and more flexibility in launching new services," said John S. Malone, senior vice president of Service Management Solutions. "Equally as important, we welcome NightFire's founder, Venkates "Swami" Swaminathan, as an integral part of our team." Swami is named Senior Vice President and Chief Strategist for Service Management Solutions.

"While OSS expenditure is beginning to recover, many service providers are reconsidering their OSS acquisition model and looking for less capital intensive, lower cost capabilities, including outsourced, transaction-based solutions," said Rob Rich, executive vice president, Communications Infrastructure Strategies, the Yankee Group. "Given NeuStar's established franchise in clearinghouse services and deep industry expertise, the acquisition of NightFire broadens and strengthens NeuStar's position in today's OSS market."

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