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Openet Telecom Embeds TimesTen Into Network-edge Rating, Real-time Charging and Advanced Mediation Solutions

Real-Time Infrastructure Software Manages Event-based Information-Helps Protect Operators' Data Revenue

MOUNTAIN VIEW, Calif., Feb. 28 /PRNewswire/ -- TimesTen, Inc., a provider of real-time infrastructure software, today announced that Openet Telecom, a world leader in delivering innovative and proven Active OSS solutions, has embedded TimesTen(R) into the Openet FusionWorks(TM) Framework.
The FusionWorks Framework supports Openet's entire product line of Real-time Charging, Network-edge Rating and Advanced Mediation solutions designed for network operators. The addition of TimesTen to Openet's FusionWorks Framework allows operators to more cost-effectively cope with extremely large volumes of events, while still enabling real-time applications -- a crucial factor in retaining data revenue.

Openet's products address a growing requirement for real-time performance, particularly in advanced data networks. The increasing importance of data revenue is prompting service providers and operators to carefully consider the scalability and flexibility associated with the mediation, charging, and rating of billing events. Through its open architecture and modular design, the FusionWorks Framework serves as the scalable foundation for Openet's real- time charging, network-edge rating and advanced mediation solutions.

TimesTen's real-time infrastructure software delivers the high speed data management needs of the FusionWorks product suite, enhancing functionality for the real-time rating and charging requirements of today's -- and tomorrow's -- IP-based data services. TimesTen was chosen for its high throughput, low- latency, and its standards-based interfaces; a combination that enables Openet to provide a robust, high-speed and flexible foundation for delivering the next generation of IP-based data products and services.

"Openet's real-time charging, network-edge rating and advanced mediation solutions enable rapid service creation and launch, allowing variable charging structures and payment methods -- key areas where network operators increasingly demand real-time performance and flexibility," said Gerard Curtin, Openet's VP of Engineering. "We've architected and built our products on a common framework designed from the ground up for real time, carrier-class performance to ensure we meet these demands. TimesTen's infrastructure software is key to our real-time approach and embeds seamlessly with the FusionWorks architecture," added Curtin.

"Network convergence and the associated data services add increasing complexity to operational and business support systems," said Jim Groff, CEO, TimesTen, Inc. "Openet offers operators a highly scalable and flexible framework to enable maximum return on investment. TimesTen's experience inside high volume, real-time applications provides a solid foundation for delivering these leading solutions," added Groff.

About Openet Telecom

Established in July 1999, Openet Telecom is a world-leading provider of real-time revenue generating solutions that enable network operators to maximise the profitability of their network and services. Our products, FusionWorks Mediation, FusionWorks ActiveCharge and FusionWorks ActiveRate enable network operators with diverse networks to easily implement, manage, charge for, rate and bill sophisticated services -- leading to enhanced profitability and quality of service. With headquarters in Dublin, Ireland and offices in Reston VA, London, Paris, Rome, Madrid, Sao Paulo, San Francisco and Singapore, Openet Telecom has signed customers that include Verizon Wireless, British Telecom, Cingular, Orange Group and Telecom Italia Mobile. For more information, visit us at http://www.openet.com/

About TimesTen, Inc.

TimesTen provides real-time infrastructure software for managing events, transactions and data within performance-critical applications. By enabling systems that are instantly responsive, highly scalable and continuously available, organizations that rely on TimesTen optimize time, manpower and computing resources. Amdocs, Cisco, JP Morgan, Nokia, Sprint and United Airlines are among TimesTen's customers. For more information, visit www.timesten.com.

TimesTen, MicroLogging and Direct Data Access are trademarks or registered trademarks of TimesTen Inc.

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