Iceland Telecom Ltd., Iceland's Incumbent Telecom Operator, Has Chosen NetCentrex for the Creation of Enterprise and Residential IP Telephony Services

PARIS (France) September 16 (PROTEXT/PRNewswire) - NetCentrex(www.netcentrex.net), the leading enabler of convergedvoice-video-data networks and next generation services, andIceland Telecom, the leading telecommunications operator inIceland, announced today that the company has chosen NetCentrex'Business Services Suite for deployment of IP-based telephonyservices for the corporate market and is planning trials ofNetCentrex' MyCall(R) solution for residential broadband IPtelephony services.

Iceland Telecom will use NetCentrex' Business Services Suiteto extend its existing portfolio of value-added, broadband dataservices to include hosted IP telephony services for small,medium and large businesses, including IP Centrex and voice/videovirtual private networks (VPN). Trials of the new offer arescheduled to begin in November 2004, with the launch ofcommercial services planned in the beginning of 2005. IcelandTelecom has also acquired NetCentrex' MyCall(R) solution fortrials of residential broadband IP telephony services which wouldform part of a 2nd stage Triple Play offer. Iceland Telecom willoperate both the enterprise and residential services on the sameNetCentrex' platform enabling significant reductions in CAPEX andOPEX while gaining flexibility in delivery of the services.

"Iceland's high responsiveness towards innovation and IcelandTelecom's leading role in developing and deploying value-addedservices led naturally to the adoption of a long-term IPcommunications strategy," explains Eva Magnusdottir, PressOfficer, Iceland Telecom. "We will naturally begin with thedeployment of IP Centrex and Voice/Video VPN as a hosted servicesoffer for the enterprise market and evolve to residential IPtelephony services as part of a Triple Play offer."

"An important factor in Iceland Telecom's choice ofNetCentrex was the possibility to operate both enterprise andresidential telephony services on the same core technologyplatforms, optimising resources, investment and operationalcosts. The scalability of the technologies, the rapid time tomarket, advanced service features and ability to use thesolutions in a multiprotocol environment were also significant inour decision," continues Ms. Magnusdottir.

About NetCentrex(TM) (www.netcentrex.net)

NetCentrex(TM) develops next-generation networking productsand network-based applications for 3 main markets: businesscommunications, customer interactions and broadband residentialcommunications. NetCentrex' solutions include voice portals,network-based multimedia contact centres, voice and video over IPvirtual private networks (VPN), IP Centrex services, businesstrunking, infrastructure and class IV solution and residentialbroadband communication services.

The solutions enable both service providers and enterprisesto build converged networks and to deploy a wide variety ofadvanced, high value-added communication services which haveminimum installation requirements and lower operational costs.All solutions are built on the NetCentrex Softswitch andMedia Server platforms that provide core infrastructure andnetwork connectivity.

Founded in 1998, NetCentrex has over 200 customers worldwide,including Comunitel, Contactel, Equant, France Telecom, FastWeb,Inclarity, LatAmNap Lyse Tele, MTU-Intel, Noos, Orbitel,Prosodie, Telecom Italia, Telefonica Deutschland, TransTeleComand Xpedite. International partners include Cisco Systems,Hewlett-Packard and Intel. Leading European and US venturecapital firms back the privately held company.

About Iceland Telecom (http://www.siminn.is/english)

Iceland Telecom Ltd. ("Siminn") is the incumbenttelecommunications operator in Iceland and provides a fulltelecommunications services for homes and businesses, including:- Fixed-line services: standard telephony over the PSTN, ISDN andvalue-added services.- Mobile services: GSM, GPRS, and a nationwide NMT service.- Data services: a state-of-the-art IP network (MPLS), ATM, xDSL,leased lines and ISP services. Digital Broadband services fordistributing TV and providing high-speed Internet access throughcable modem (fibre/coax network).

Iceland (288 thousand inhabitants) is commonly rated amongthe most sophisticated countries in the world in terms ofinformation and communication technology. With one of the highestpenetration rates for both Internet and mobile, the market's highresponsiveness towards innovation and Iceland Telecom's leadingrole in developing and deploying value-added services, thecompany presents exciting opportunities to business partnersand potential customers.

Web site: http://www.netcentrex.net

Web site: http://www.vp-pr.com

Web site: www.siminn.isSource: NetCentrexNetCentrex EMEA: Madeleine Jeavons, Tel: +33-1-58-71-33-28,Email: pr@netcentrex.net. NetCentrex US/Latin America, NadineJoullie, Tel: +1-408-521-7411, Email: pr@netcentrex.net. VPCommunications: Sacha Appleton, Email: sacha@vp-pr.com, RebeccaJones, Email: rebecca@vp-pr.com, Tel: +44-208-964-0260. Siminn,Eva Magnusdottir, Press Officer, Iceland Telecom, Tel: (mainswitchboard) +354-550-6000, Email: evama@simi.is

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