Boardwatch Names Narus to List of Top 10 Private Companies; Leading Telecom Analysis/News Site Credits Mediation Vendor’s Carrier Wins and Market Momentum

Boardwatch Names Narus to List of Top 10 Private Companies; Leading Telecom Analysis/News Site Credits Mediation Vendor’s Carrier Wins and Market Momentum

Business Editors/High-Tech Writers

PALO ALTO, Calif.–(BUSINESS WIRE)–May 7, 2003

Narus, the convergent mediation performance leader, has been named to the inaugural list of Top 10 Private Telecommunications Companies by Boardwatch, an influential online source of analysis and news on the telecommunications industry.

Boardwatch selected Narus as one of the privately held telecommunications software companies “that we believe will give their investors a payday. . . we wanted companies with technologies that the operators need today and tomorrow,” said Editor Ray Le Maistre. “To compile our list, we looked for firms with customers, partners, decent funding from reputable sources, and technology likely to be in demand by the carrier community,” said Le Maistre, adding that Narus’ deserved special mention for sales of its mediation solutions to top carriers worldwide.

From a market-leadership standpoint, Narus’ mediation software has recently been selected by such tier one network operators as T-Mobile and KDDI as well as many of the world’s largest telecommunications systems integrators such as NEC, France Telecom’s Sofrecom, and SchlumbergerSema. From a technology leadership standpoint, Narus in a recent benchmark conducted with IBM and Intel, proved to offer by far the best performance and lowest cost of ownership among mediation vendors, processing 10 billion events within 24 hours on a single Narus system. This is the equivalent of five transactions (such as phone calls, emails, short messages or Web browsing sessions), for each of the world’s 1 billion estimated mobile phone users.

“Narus is making waves throughout the telecom industry, helping many of the world’s largest carriers offer value-based services, so it’s no surprise that we’ve attracted the attention of Boardwatch,” said Ted Hunting, Director of Marketing, Narus. “Receiving another award this year is a direct result of the success we are having with leading carriers and – more importantly – the success our customers are having in growing revenues with new services”.

Boardwatch reports on the business of putting communications networks to work to make money. Through daily news analyses, reports, and enlightening interviews with industry luminaries, Boardwatch provides the industry’s most authoritative and entertaining voice on the various telecommunications topics.

About Narus

Narus interactive convergent mediation products help carriers capture value, lower delivery cost, and speed the deployment of profitable, value-based services. Narus leads in tier-one mobile, prepaid, broadband, and Internet backbone mediation and provides capabilities for network surveillance by government. As the worldwide performance benchmark leader with production environments exceeding 10 billion IPDRs per day, Narus products provide 99.999% availability, unsurpassed real-time performance, and the industry’s lowest cost of ownership. As the company that founded real-time mediation and co-founded the IPDR standard with AT&T, Narus has long been recognized as the telco-grade standard for convergent mediation with customers including Comcast, KDDI, T-Mobile, Ono, Qwest, WilTel, and Cable & Wireless. Narus is headquartered in Palo Alto, California with offices throughout North America, Europe, and Japan. Backed by AT&T, Bowman Capital, JP Morgan, Intel, Mayfield, and NTT, Narus is fully-funded and privately held. Narus lets you transport your networks . . . your services . . . your customers – and your top and bottom lines.

COPYRIGHT 2003 Business Wire

COPYRIGHT 2003 Gale Group