IP Unity Named Red Herring 100 Company

Award recognizes 100 private companies in North America that drive the technology industry's future

Belmont, Calif. and Milpitas, Calif — May 11, 2005— IP Unity, a leader in carrier-grade media servers, application servers and real-time multimedia applications for IP and TDM networks, today announced that it has been named one of the Red Herring 100 Private Companies of North America.

"Five years after the dot-com bubble burst, innovation and entrepreneurship are thriving. The companies on this list are proof,þ said Red Herring editor-in-chief Joel Dreyfuss.

"This recognition is a testament to our sustained global momentum and success as a provider of enhanced services solutions for carriers, said Dr. Arun Sobti, chair and CEO of IP Unity. "IP Unity's capabilities enable providers to quickly, cost-effectively deploy traditional and new telephony services while protecting their existing investment in legacy systems. We are thrilled with this acknowledgement, knowing that the Red Herring 100 Award is reflective of the best in our multi-faceted technology industry. It provides additional validation for our customers while opening doors to new business opportunities.

Red Herring's lists of private companies are an important part of the magazine's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google and eBay were spotted in their early days by Red Herring editors as those that would change the way we live and work.

Red Herring's editorial staff rigorously evaluated more than 900 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development. Red Herring 100 companies will be presenting their business model and strategy at the Red Herring Spring conference. Red Herring Spring will take place May 17-19 at the Monterey Plaza Hotel in Monterey, California.

IP Unity has been broadly deployed in 30 countries for messaging, conferencing, IVR, announcements, and prepaid enhanced services. IP Unity platforms support many millions of subscriber minutes per month in top-tier wireline and wireless operators' networks throughout the world. IP Unity is also deployed as a strategic messaging and announcement platform in prominent and rapidly-growing cable telephony rollouts in North and Latin America.

About Red Herring Spring
Red Herring Spring is an invitation-only event for CEOs, select senior executives, and Venture Capitalists. Themed The Dynamics of Disruptions', Red Herring Spring 2005 will bring together executives from mostly private companies. These executives will be joined by senior executives from public companies and Venture Capitalists. Please contact Sean Raman at 650.428.2900 or email sraman@redherring.com if you would like to request an invitation to Red Herring Spring.

About Red Herring
Red Herring is the weekly magazine technology entrepreneurs, investors and industry observers read to stay ahead of the curve and to be better informed about the global marketplace. Red Herring covers technology, innovation, financial strategies, important personalities and trends that are transforming the world of business with unique insight, opinion and forward-looking analysis. Readers turn to Red Herring for knowledge to make strategic decisions, build companies and create a competitive advantage for their businesses. Red Herring articles, blogs, research and event information can be found online at www.redherring.com.

About Movius
Movius Interactive Corporation gives people the power to enrich their lives through viable innovations that transform the way they interact with information, media and each other. Formally under the name IP Unity Glenayre, Movius is a recognized leader in messaging, collaboration and mobile media solutions for service providers worldwide.

For more information, please visit www.moviuscorp.com.

Media Contacts for Movius:

For North American Media
Denise Nelson, Erin Jones
Ventana Public Relations
(925) 837-6277
denise.nelson@ventanapr.com

For European Media
Louise Hatton, Natalie Saville
BCS PR
+44 (0)115 948 6901
louise@bcspr.co.uk
natalie@bcspr.co.uk