Veraz Networks, Verso Technologies and IP Unity Announce Significant Deployment at Cable and Wireless for Suite of Pre-paid IP Based Services

Prepaid Services Solution based on Veraz’s Softswitch/Media Gateway, Verso’s I-Master Service and Revenue Assurance Platform in collaboration with IP Unity’s Mereon Media and Application Servers to demonstrate open and robust architecture in first of its kind deployment in Latin America

ATLANTA, Georgia, SAN JOSE, MILPITAS, California — August 24, 2005— Veraz Networks, the leading global provider of softswitch-based, toll-quality packet telephony solutions, together with Verso Technologies (NASDAQ: VRSO), a leading provider of packet-based solutions, and IP Unity, a leader in carrier-grade media servers, application servers and real-time multimedia applications for IP and TDM networks, today announce the deployment of an advanced prepaid services solution designed to deliver innovative services to residential and business customers.

The companies have completed an initial, significant deployment at Cable and Wireless for 600,000 pre-paid residential and calling card subscribers in Panama. The offering is a robust suite of pre-paid consumer and data services. The overall solution deployed at Cable and Wireless is a fully-integrated turnkey solution provided by Veraz Networks which includes the ControlSwitch softswitch and service delivery platform and I-Gate 4000 PRO media gateway as well as Verso’s I-Master Service and Revenue Assurance Platform, IP Unity’s Mereon‘ 6000 Media Server, Mereon Applications Server and Interactive Voice Response (IVR) Application.

Cable and Wireless’s subscribers will now have available pre-paid local service and Internet access (ADSL) to homes and kiosks, reminder services, streaming audio information services, contest and voting applications, special promotional marketing campaigns and customer service renewals through an IVR solution. In addition to pre-paid fixed line and ADSL, this solution also carries all of Cable and Wireless’s pre-paid calling card traffic. This is the first solution of its kind in Latin America.

Call Volumes for these services, including basic pre-paid traffic, have already peaked in excess of 60,000 BHCA (busy hour call attempts) and continue to increase, reflecting the robustness and scalability of the solution. In the highly competitive Latin American market where subscribers have flocked to pre-paid cellular service because of the availability of pay-as-you-go pricing plans, through this new offering, Cable and Wireless Panama has now begun to reverse an industry-wide wireline user migration to mobile telephony and grown its subscriber usage volume through flexible pricing and new pre-paid service innovation.

"Although the solution has just been deployed, Cable and Wireless has increased its voice and data traffic by 20%-30%," said a Roberto Mendoza, senior vice president, Corporate Affairs, Cable and Wireless. "We believe that this solution will give Cable and Wireless a distinct advantage in the Latin American marketplace,” said Mendoza.

"Cable and Wireless is one of the first incumbents in Latin America to recognize the importance of offering its customers value-added services in addition to traditional telephony. This is made possible by the I-Master revenue assurance platform," said Allan Draa, vice president of applications sales, Verso Technologies. "In a commoditizing environment, where there is high attrition and intense price pressure, Cable and Wireless realizes that in order to be competitive, you need revenue producing applications that create customer loyalty to both a prepaid and postpaid market,” continued Draa. “Verso is excited about this relationship and its future,” said Draa."

"We are pleased to be part of this rapidly-growing deployment," emphasized Arun Sobti, IP Unity Chairman and CEO. "Cable and Wireless has tapped the innovative power of IP Unity’s interactive voice response application to deliver a host of valued information services for its subscribers, and has laid the groundwork for prepaid messaging and conferencing services as the next waves of innovation."

“This is another fantastic example of the flexibility of the Veraz ControlSwitch and how service providers can leverage the platform’s extensibility to introduce converged services into their networks,” said Carlos Linares, vice president of sales, CALA, Veraz Networks. “We have combined on-demand, innovative features and the preferred payment option of daily, weekly or block-of-minutes prepaid services to help carriers increase customer loyalty and generate new revenues. This is critical for customer retention and revenue assurance.”

About Verso Technologies

Verso is a leading provider of next generation communication applications for carriers, service providers and enterprises that need to lower their communication infrastructure costs while enhancing service capabilities to remain competitive. With an extensive portfolio that extends from the “core-to-the-edge” of a network, Verso solutions and applications enable its customers to leverage legacy technology investments while migrating to converged voice and data networks.

Verso solutions are currently deployed in thousands of customer networks worldwide. For more information, contact Verso at www.verso.com or call 678.589.3500

About Veraz Networks

Veraz Networks (www.veraznetworks.com) is the leading global provider of softswitch-based, toll-quality packet telephony solutions for traditional and next-generation communications networks. Built on a rich heritage of delivering carrier-class products to over 700 customers in 140 countries, Veraz offers complete solutions to both established and greenfield carriers worldwide through its softswitch, media gateway, and digital compression products. Leveraging open, best-of-breed components and a global support and service infrastructure, Veraz partners with carriers to design and deploy carrier-class next-generation networks tailored to meet their business objectives.

By combining industry-leading, standards-based softswitch and media gateway platforms with robust management systems, Veraz offers unmatched flexibility to carriers a best-in-class integrated packet telephony solution as well as the freedom to choose best-of-breed individual products to match their unique network needs. Veraz solutions address a wide range of carrier applications such as tandem switching, domestic & international long distance, IP trunking, IP Centrex, as well as new voice-data services.

Veraz Networks is privately funded by ECI Telecom (Nasdaq: ECIL), Argonaut Private Equity, Battery Ventures, Kleiner Perkins Caufield & Byers, Levensohn Venture Partners and Norwest Venture Partners. The company is headquartered in San Jose, CA, with offices throughout the world.

Contacts:
Investor Relations
Monish Bahl
Vice President
Investor Relations
Verso Technologies, Inc.
678.589.3579
Monish.Bahl@verso.com

Marketing and Public Relations Contacts:
Beatriz Pedrosa
Vice President
Channel Marketing
Verso Technologies, Inc
305.724.8296
Beatriz.Pedrosa@verso.com

Ed Camarena
Veraz Networks
408.750.9424
edc@veraznet.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