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Telcordia Expands MVNO Solutions with mPortal

Telcordia Hosted Solution adds mPortal's SPRINGBOARD™ to Provide MVNOs with Turnkey Mobile Content Service Delivery

PISCATAWAY, NJ and MCLEAN, VA - April 23, 2007 - Telcordia Technologies (www.telcordia.com), the leading global provider of telecommunications software and services, and mPortal Inc. (www.mportal.com), a leading provider of mobile content and applications for Mobile Network Operators (MNOs), Mobile Virtual Network Operators (MVNOs), content providers and enterprises, today announced a new collaboration that will give MVNOs a one-stop source for mobile content services.

Telcordia has selected mPortal's SPRINGBOARD™ Content Delivery Manager (CDM) and SPRINGBOARD™ Content Catalog to further enhance the Telcordia Hosted Solution for MVNOs. The addition of mPortal's solutions enhances Telcordia's data offerings and the ability for MVNOs to quickly and cost effectively launch high-revenue, market-differentiating content.

"The partnership between Telcordia and mPortal allows the companies to offer a more comprehensive hosted solution for MVNOs that should accelerate speed-to-market and bring down up-front costs associated with today's wireless content marketplace," said Ozgur Aytar, research manager for the communications, media and technology (CMT) Research Team at Pyramid Research.

Through this relationship, Telcordia will offer MVNOs a wide, deep selection of off-the-shelf content, including more than 25,000 ringtones, wallpapers and games, as well dynamic content such as real-time news feeds. With the addition of mPortal's SPRINGBOARD™ Smart Client, Telcordia MVNO customers can also now provide a handset client, which resides on subscriber's phones to provide user-friendly access to static and dynamic content.

"With 13 hosted MVNO customers worldwide so far, Telcordia understands what MVNOs need to be successful: a wide range of compelling content based on a niche market that will drive revenue and serve as a market differentiator," said Mala Chandra, President, Service Delivery Solutions, Telcordia. "mPortal's client, platform and content, paired with the Telcordia Hosted Solution for MVNOs, gives operators a turnkey, end-to-end mobile content service delivery solution that is unmatched."

"As data services continue to flourish in the United States, we are excited to be working with Telcordia and be part of the Telcordia Hosted Solution offering," said DP Venkatesh, CEO and founder of mPortal. "The ability to offer differentiated mobile content and applications in easy-to-discover, download and purchase models, is a key requirement for service providers. By partnering with Telcordia, mPortal enables MVNOs to launch a differentiated mobile content and application leveraging creative charging models with minimal upfront investment and a pay-as-you-grow model."

The Telcordia Hosted Solution for MVNOs offers high-quality, prepaid and postpaid wireless services without having to own or manage a network. Powered by the Telcordia Service Delivery Suite and Telcordia® Real-Time Charging, it enables the rapid introduction of new business models while facilitating a real-time, interactive customer experience. The deployment of the Telcordia Hosted Solution for MVNOs helps to dramatically reduce upfront capital investment in technical infrastructure, minimize the need to hire skilled telecom resources and enable companies to launch services quickly. Telcordia has already signed more than 13 customers since launching its Hosted Solution for MVNOs in 2005.

About Telcordia

About mPortal
mPortal Inc., founded in 2000, enables mobile content and applications for Mobile Network Operators (MNOs), Mobile Virtual Network Operators (MVNOs), Content Providers and Enterprises. mPortal's products and services assist its customers to create, launch, manage, and monetize mobile content and applications across multiple mobile devices and networks. As a total solution provider and strategic partner, mPortal eliminates the complexities involved in launching mobile content and applications. mPortal has offices in the US and India and serves a variety of global customers. mPortal's customers include top tier mobile operators, leading MVNOs, content providers, and Fortune 500 enterprise customers such as Alltel, AOL, Mobile ESPN, Reliance Infocomm, TV Guide, Verizon Wireless, and XEROX. For more information, please visit www.mportal.com.

Contact:
Sharon Oddy
Telcordia Technologies, Inc.
(732) 699-4203
oddys@telcordia.com

Alika Nagpaul
mPortal Inc.
(703) 752-1666
anagpaul@mportal.com

Jennifer Abelson
Abelson Group, Inc. for mPortal
(917) 445-4454
Jennifer@abelsongroup.com