Accuris Announces Multi-million Dollar Funding and Strategic Partnerships




Accuris Networks Joins MobileIGNITE to Accelerate the Pace of Network Convergence; Accuris Networks Launches U.S. Presence; Accuris Networks to Demonstrate AccuROAM(TM) Product at CTIA Wireless 2006

DUBLIN, IRELAND -/March 27, 2006 - Wi-Fi Technology News/- Accuris Networks, a leading provider of complete mobile convergence technology, today publicly unveiled its AccuROAM(TM) product -- the first readily available technology to offer CDMA to GSM to SIP in all directions. AccuROAM is the latest breakthrough for Accuris Networks whose technology was the first mobile convergence solution ever deployed -- for the Atlanta Olympic Games in 1996 -- the first roaming broker solution, the first CDMA-to-GSM roaming solution and the first CDMA-to-GPRS data roaming solution.

Accuris Networks today also announced: multi-million dollar first-round funding from Atlantic Bridge Ventures; partners HP and LogicaCMG; customer wins; its membership in MobileIGNITE(TM); the opening of its U.S. office in Boston; and its demonstration at the upcoming CTIA Wireless 2006 conference and expo in Las Vegas with HP and Monaco Telematique.

AccuROAM(TM)

AccuROAM is designed to provide network operators with a profitable and painless path to IMS while delivering a seamless subscriber experience across all existing cellular and IP-based networks. It works with voice, data and messaging and supports both wireless and fixed-line technology. AccuROAM meets all IMS technical requirements as outlined in 3GPP and 3GPP2. The Accuris Networks AccuROAM technology is available today and is currently in operation with multiple network operators worldwide.

"Carriers want to maximize investment and the use of existing infrastructure while evolving to next-generation IP networks," says Dean Bubley, founder of Disruptive Analysis. "Many operators are deploying fixed-mobile converged services -- but they still need to maximise their previous investments in infrastructure and applications. They, therefore, need solutions that integrate existing circuit-switched platforms with next-generation IP networks, whether they are IMS-based or not."

AccuROAM enables subscribers to roam from their mobile network onto a home wireless network, or a corporate network at the office, or onto a Wi-Fi hotspot, or between CDMA and GSM, all from one device with one number. This fixed-mobile convergence technology enables carriers to increase their service footprint and offer consolidated services, increasing ARPU (average revenue per user). Moreover, AccuROAM works with any existing infrastructure, allowing operators to offer IMS-like services today without the cost and time investment of a full-IMS system.

"Our latest product truly underscores the vision of Accuris Networks -- to enable complete network convergence. AccuROAM, for the first time, delivers seamless customer movement and experience across all existing cellular, fixed and IP-based networks from one device, with one number for voice, messaging and data," says Aidan Dillon, CEO, Accuris Networks. "We believe that our history of innovation combined with our proven product will afford Accuris Networks a leadership position as the lucrative fixed-mobile convergence market takes hold."


AccuVANTAGE(TM) Roaming Broker, AccuVANTAGE Managed Roaming, AccuPROFILE(TM)

Network operators have the option to combine AccuROAM with the powerful AccuVANTAGE(TM) and AccuPROFILE(TM) technologies, which enable dynamic device management and managed roaming and brokering.
The AccuVANTAGE roaming broker optimizes inbound and outbound roaming based on existing roaming agreements. The AccuVANTAGE managed roaming product allows subscribers to connect to preferred networks and also directs subscribers based on a predefined percentage split across existing cellular and IP-based networks. AccuPROFILE offers a centralized repository of device and service profiles to enable a seamless experience across all clients, applications and services. The AccuPROFILE auto-detect function can track devices on the network, which triggers device management and service profile management -- serving as a catalyst for over-the-air (OTA) provisioning.

Venture Capital Funding

Accuris Networks also announced its multi-million dollar funding from Atlantic Bridge Partners. Accuris Networks plans to use the investment to enhance the company's product line and strengthen its global operations to support the growing demand for its products and services.

"Accuris has earned a well-deserved reputation for innovative product development and excellent working relationships with its existing customer base," says Brian Long, a partner at Atlantic Bridge Ventures. "We are consistently impressed by its technological prowess and are confident that this investment will pave the way for market leadership in the future."


Partnerships: HP and LogicaCMG

Accuris Networks is working strategically with key network infrastructure powerhouses including HP and LogicaCMG. Accuris Networks is a member of HP's OpenCall Partner Programme, in which HP sells AccuROAM as part of its end-to-end HP OpenCall solution. Accuris Networks has had a long-standing and successful relationship with LogicaCMG for a number of years, including joint development of numerous of products.


Customers

Several network operators and network providers are currently reaping the benefits of Accuris Networks' technology. A few are:

-- Celcom (Malaysia) Berhad is the premier and most experienced mobile telecommunications company in Malaysia with more than 6.8 million customers. It currently has the widest network coverage, covering 96 percent of the populated areas in the country. Celcom was the first to launch the 3G service in Malaysia and has the widest 3G coverage in the country;

-- Pelephone is the first and largest cellular network operator in Israel, serving more than 2 million customers;

-- Teleglobe owns and operates one of the world's most extensive telecommunications networks, offering voice, data, Internet and mobile roaming services covering more than 240 countries and territories worldwide;

-- WorldCell, based in Washington, D.C., is a leader in providing global wireless service solutions.



MobileIGNITE

Accuris Networks also announced its membership in MobileIGNITE. MobileIGNITE (Mobile Integrated Go-to-Market Network IP Telephony Experience) brings together market-leading service providers and mobile, SIP and IMS vendors to collaborate on accelerating time to market for communications convergence solutions. The program members work to define industry best practices for the interoperability of end-to-end FMC solutions, based on open standards, and share a commitment to smooth migration to the IP Multimedia Services (IMS) environment. The members focus on interoperability of FMC applications that will drive improved quality and coverage and reduced cost of mobile services delivery.


U.S. Office

Accuris Networks also announced its foray into the U.S. with an office in Boston, which it is currently staffing with sales and support personnel targeting North America.


CTIA

Accuris Networks will be demonstrating its AccuROAM technology with HP and Monaco Telematique at CTIA Wireless 2006 at the Las Vegas Convention Center in Las Vegas on April 5-7 at booth 731.




About Accuris Networks

Accuris Networks is a leading provider of smart fixed-mobile convergence technology to the global telecommunications market. Headquartered in Dublin, Ireland with offices around the globe, Accuris Networks' flagship AccuROAM(TM) solution is the first fixed-mobile convergence "off-the-shelf" solution that offers CDMA to GSM to SIP in all directions. The company, first established in 1997, is privately held and employs a team with unrivaled experience in mobile telecom technology innovation. More information can be found at http://www.accuris-networks.com.



About Atlantic Bridge Ventures

Atlantic Bridge Ventures is a new pan European fund with offices in Dublin and London. Focused on making early and mid-stage technology investments in semiconductors and software across Europe, Atlantic Bridge Ventures places a strong focus on a U.S. exit model. Atlantic Bridge Ventures is regulated by the FSA. More information can be found at http://www.abven.com


About MobileIGNITE

MobileIGNITE is an independent industry association of leading service providers and vendors that collaborate on accelerating the time to market for multi-vendor fixed-mobile convergence solutions that work in existing fixed and mobile networks with a smooth transition to the IP Multimedia System (IMS) environment. Key initiatives include interoperability best practices, market requirements development and liaison with industry standards organizations and other industry groups. Further information and application procedures may be found at http://www.mobileignite.org.