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Joint Solution Enables Mobile Operators to Increase Revenue By Delivering Personalized Data Services for Prepaid and Postpaid Subscribers across 2.5G/3G Networks

XACCT Technologies, the leading network data management platform for global communications service providers, and Megisto Systems, a leading developer of carrier-class Mobile Internet infrastructure equipment, today announced a joint solution that delivers real-time service-aware charging for prepaid and postpaid mobile data subscribers. The solution integrates XACCT’s real-time measurement, transaction processing and differential charging capabilities with Megisto’s subscriber- and service-aware core, Mobile Subscriber Service™ architecture. By combining highly complementary technologies from XACCT and Megisto, the integrated solution gives mobile operators a competitive edge to deliver, charge and manage transport of highly personalized data services. Mobile operators will now be able to fully realize the revenue potential of both enterprise services, such as secure intranet access, as well as personalized services including m-commerce, gaming, content filtering, even when delivered by partners.

The joint solution provides a highly scalable and flexible infrastructure platform for mobile operators to understand the network usage and charge for the services immediately across both prepaid and postpaid environments. The solution also eliminates potential revenue leakage of mobile data services by offering real-time usage metering, charging, provisioning and transaction processing. Furthermore, the integrated solution uniquely addresses the challenge of charging for prepaid subscribers who are roaming outside their home network.

“The prepaid model for wireless voice has been popular in Europe, Asia Pacific and Latin America for years, and the model’s adoption rate is also rapidly growing in the U.S.,” said Anil Uberoi, Senior Vice President of Marketing of XACCT Technologies. “As more 2.5G/3G data services are rolled out, mobile operators need to be proactive in implementing flexible charging models users demand. Megisto’s Mobile Subscriber Service™ architecture provides key network infrastructure for delivering personalized mobile data services.”

“XACCT’s market-leading N2B Platform and Megisto’s Mobile Subscriber Service™ architecture share the common goal of making mobile data services profitable,” said Carol Politi, Vice President of Marketing of Megisto Systems. “Our solution enables Megisto to integrate with more than 50 billing and business applications that are part of the XACCTready Alliance program - Network Infrastructure Systems, OSS/BSS applications and value add partners.”

About Megisto Systems

Megisto Systems is developing a Mobile Internet Service Gateway that will enable mobile operators to fully realize the benefits of the Mobile Internet by delivering new and profitable data services. Megisto's subscriber- and service-aware core infrastructure provides the network intelligence required to deliver profitable and secure personalized services to subscribers roaming between 2.5G, 3G, and WLAN networks. Founded in May 2000, Megisto Systems has a unique blend of expertise in both wireless mobile and data communications. The company's executive team consists of veteran managers with extensive experience in both entrepreneurial and established networking companies such as Ericsson, Alcatel, Motorola, Lucent, Torrent Networking, 3Com, Sprint, BBN, Level 3, Hughes Network Systems, and AT&T/Bell Labs. Megisto is headquartered in Germantown, Md., in the heart of Washington, D.C.'s high-tech corridor.

About XACCT Technologies

XACCT Technologies provides the leading network data management platform for global communications service providers such as network backbone providers, mobile operators, cable operators and managed services providers. XACCT’s carrier-class Network-to-Business (N2B™) platform makes service providers profitable by harnessing network information to create new value-based services and lower operational costs. XACCT offers the industry’s first and only platform that enables real-time data capture and enhancement; seamless integration with any business or operations application; and instantaneous, flow-through service provisioning. XACCT has received numerous awards including “Product of the Year” by Internet Telephony and “Top 50 private companies most likely to change the world” by Red Herring magazine. XACCT investors include Sun Microsystems (NASDAQ:SUNW), Dell Computer (NASDAQ:DELL), Deutsche Bank (DTBKY:OTC US), Technology Crossover Ventures, Trident Capital, Ampal (NASDAQ:AMPL), Eucalyptus Ventures and Israel Seed Partners. With offices around the globe, XACCT has more than 70 customers, including Bell Canada (NYSE:BCE), Boeing (NYSE: BA), British Telecom (NYSE:BT), Broadwing (NYSE:BRW), Cable & Wireless (NYSE:CWP), COLT (NASDAQ:COLT), Global One, Genuity (NASDAQ:GENU), Motorola (NYSE: MOT), Omnitel Vodafone, Siemens (NYSE:SIE), Teleglobe, (NYSE:BCE), TELUS (NYSE: TU), TV Cabo, and Verio (NYSE:NTT). The XACCT N2B platform links the network to the business.

XACCTusage, XDR, XIS, N2B, and XACCTmobile are trademarks of XACCT Technologies, Inc. All other trademarks are the property of their respective holders.

For further information, please contact:

Mark James
+44 (0) 20 8600 4622
+44 (0) 7740 824 092

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