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Telcordia's Ability to Speed Take-up of New Services Wins Convergence World Award

Telcordia Real-Time Charging recognized for advanced rating and revenue management capabilities

Piscataway, NJ - May 1, 2008 - Telcordia's ability to help Communications Service Providers (CSPs) establish competitive differentiation and new revenues through the rapid deployment and take-up of new, converged services has been recognized by the International Engineering Consortium (IEC) and Convergence World magazine. The two companies have selected Telcordia, a global leader in the development of mobile, convergent and interactive communications solutions, as the winner of the 2008 Convergence World Awards in the 'Best OSS/BSS Product or Service' category for the Telcordia® Real-Time Charging solution.

The Convergence World Awards 2008 showcase the convergence of fixed and mobile communications, broadcasting, and entertainment, and recognize the innovations and achievements of the companies driving this convergence forward. The awards, endorsed by the FMCA and the Wi-Fi Alliance, were presented at the IEC's SOFNET 08 event in London.

"This accolade is testament to Telcordia's commitment to work with communications service providers globally to attain exceptional business performance by providing proven next-generation solutions that enable them to differentiate services, achieve higher profitability and enable an interactive customer experience," said Bill Wanke, President, Service Delivery Solutions, Telcordia. "Convergence World magazine's recognition of Real-Time Charging as an enabler of new business models with innovative promotions to speed deployment and take-up of new, converged and profitable services further substantiates Telcordia's ability to support the needs of our customer as they create, deploy and manage the new services that customers demand."

The independent judging panel for the Convergence World Awards was comprised of members from the IEC, Fixed Mobile Convergence Alliance, Wi-Fi Alliance, and editors of prominent media publications in the convergence and wireless space.

John Williamson, editor of Convergence World and member of the judging panel said: "We were particularly impressed by the quality of this year's entries for the Convergence World Awards which were presented at the IEC's SOFNET event in London. Telcordia's solution with its ability to rate and manage different categories of service and bill accordingly stood out for the judges."

Telcordia Real-Time Charging has also been recently recognized by Technology Marketing Corporation's (TMC®) Internet Telephony magazine, picking up one of the awards in March 2008 for 'Product of the Year.'

Telcordia Real-Time Charging will be showcased at Management World 2008, for more information visit www.telcordia.com/news_events/events/2008/tmw_nice.html. More information about the Telcordia Real-Time Charging solution can be found at http://www.telcordia.com/products/realtime_charging/index.html. General information about Telcordia can be found at www.telcordia.com.

For more information on the Convergence World Awards 2008, visit https://secure.convergenceworldawards.com/.

About Telcordia

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

Simon Marshall
Liberty Communications
+ 44 207 751 4444
simon@libertycomms.com