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VON Europe Booth # C444

Verscom Expands EMEA Carrier Reach With Pactolus

Carrier Network Developer/Integrator Exceeds $1 Million in Sales of Pactolus Products.

STOCKHOLM, Sweden and MARLBOROUGH, Mass. - May 16, 2006 -

Pactolus Communications Software Corporation, developers of the most comprehensive IP voice service suite and service creation and delivery environment for telecom service providers, today announced it has entered into a development and distribution agreement with Verscom, a leading telecommunications systems integrator throughout the European, Middle Eastern and African markets. Under the agreement, Verscom is integrating Pactolus' SIPware IP voice services suite into IP service provider networks now being developed in Turkey, Bahrain and across the Middle East, and is leveraging Pactolus' RapidFLEX Service Creation Environment and Service Delivery Platform to create new services and service feature enhancements. (See "Teletek Selects Pactolus" announcement issued separately today.)

"Our selection of Pactolus as our exclusive IP voice services partner is based both on the SIPware suite's performance, scale and time-to-market, and the power and flexibility of its Service Creation Environment," noted Verscom CTO Ali Argun. "Verscom is providing major service providers with innovative services and service features, integration of legacy network resources and subscriber data, and compelling time-to-market and service differentiation advantages, and Pactolus is an invaluable partner in achieving these goals."

Verscom selected Pactolus as its exclusive IP voice services and SCE provider following extensive work with competitive solutions. Within weeks, senior technology staff was fully trained and creating IP voice services that leverage previously un-tapped carrier information resources, invoke real-time subscriber policy and security, and provide new usability and account control features.

Pactolus CEO Paul Blondin notes: "The Middle East, Europe and Africa are undoubtedly high growth markets that are actively expanding. We're delighted to have been selected by Verscom, and look forward to introducing important new service features and major customers."

About Verscom:
Verscom LLC. is emerging as one of the world's most innovative and effective public network developer/integrators. Its advanced carrier architectures and innovative IP telephony voice services are driving aggressive growth, and turning market opportunity into service profitability for network operators across the Middle East, Europe and the Americas. Verscom's experienced architects are designing and implementing advanced, economical IP switching and transmission for land-based, wireless and satellite networks, and creating/customizing IP telephony services suites that establish VoIP performance and reliability benchmarks. To economically grow and scale networks with state-of-the-art VoIP services, localization and compliance in the Middle East, the Americas, Europe or anywhere in the world, visit www.Verscom.com

About Pactolus
Pactolus Communications Software Corporation is the leading developer of SIP-based IP voice services, installed in 50+ carrier networks such as WebEx, Primus Canada, VCG Telecom, USA DataNet, LatiNode and XO Communications, supporting 2 billion minutes of use per month. Its core innovations such as advanced call control capabilities for SIP-based networks are also deployed in leading carriers through the market's dominant VoIP platform OEMs, and are unmatched in the industry. Pactolus' customizable SIPware™ services suite includes broadband IP telephony, prepaid and post paid calling card, reservationless and event audio conferencing, voice messaging and service-integrated operator assistance. Pactolus' RapidFLEX Service Delivery Platform and Service Creation Environment (SCE) combine to create a comprehensive, open, and flexible software framework (www.pactolus.com)

For more information contact:
Ken Osowski
Pactolus Communications Software
508-616-0900 x 328
keno@pactolus.com

Maureen MacGregor
Pelorus Communications
978-525-3688
Maureen@peloruscom.com

Ali Argun
Verscom
PSTN: +1 617 595 4740
GSM : +1 857 891 7926 or +90 532 261 6617
Ali.Argun@verscom.com