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Vietnam Power Telecom, Siemens and Nexus Telecom Launch Next-Generation VoIP Services and Billing Solution

FOR IMMEDIATE RELEASE – 26 April 2005

Hanoi, 26 April 2005: Vietnam Power Telecom (VP Telecom), Siemens, and Swiss-based Nexus Telecom AG, announced today the successful live deployment of Siemens Next-Generation IP-based Voice and Multimedia services and Nexus Telecom’s Billing Solution, NexusDBS 5. The system has been deployed on the latest Siemens SURPASS NGN (Next Generation Network) Soft Switch HiE9200. The highly sophisticated and flexible NGN billing solution from Nexus Telecom enables VP Telecom to provide single end user bills for any combination of its services including fixed telephony, VoIP, leased line, WLL, voice/videoconferencing, PC to PC calls, PC to phone calls, VPN, internet access and internet exchange services.

The three parties‘ strategic partnership allowed VP Telecom to quickly achieve its immediate business goals while ensuring a long term flexible business model. Under the terms of the agreement, Nexus Telecom’s billing solution was customized and installed at VP Telecom headquarters in Hanoi, and designed to process over 5 million Call Records per day, extensible to 10s of millions of CDRs per day as market requirements demand. Nexus will continue to provide support and maintenance as required.

"After careful evaluation of competitive solutions, we chose Nexus Telecom to implement our carrier grade NGN billing solution based on their long-term experience, competitive pricing and strategic relationship with Siemens. With the Siemens/Nexus solution, VP Telecom can now position itself as a market leader, and contribute significantly to the continued modernization and industrialization of the country" said Mr. Hoang Minh Thai - Deputy Director of VP Telecom.

"We are pleased to conclude a successful deployment of our NexusDBS billing solution at VP Telecom, especially as they are aligned with the latest technologies from our strategic partner, Siemens. This opportunity to fully integrate our billing solution together with SURPASS NGN services at VP Telecom fully demonstrates our commitment and ability to execute our strategy quickly, efficiently, and costeffectively" said Alain Giger, Managing Director of Nexus Telecom.

About VP Telecom

VP Telecom is a 100% state owned and self-accounting company, established in 1995 with headquarters located in Hanoi and five centers throughout the country: Northern Telecom Center, Business and Trading Center (in Hanoi), Central Telecom Center (in Danang City), Highland Telecom Center (in Gia Lai) and Southern Telecom Center (in Hochiminh City). In 2001, VP Telecom was fully licensed by the Vietnam Government to provide public services for Fixed, Mobile, Internet, Domestic and International Voice calls (IDD & VoIP), International Interconnection and Leased Line. Since then, VP Telecom has been providing services related to all these licenses. VP Telecom also upgrades, expands and modernizes its infrastructure networks continuously.

VP Telecom is continually strengthening its long-term business cooperation with well-known operators and carriers throughout the world and is becoming one of the leading operators in Vietnam. VP Telecom is affirming its position in the telecommunication field and aiming at ever higher targets.

VP Telecom has been certified according to the ISO 9001 Quality and Management Standard and adheres strictly and efficiently to all regulations.

About Nexus Telecom AG

Founded on 1st January 1994, Nexus Telecom (www.nexustelecom.com) is a globally active OSS/BSS vendor with its main headquarters in Zurich, Switzerland, and North American subsidiary in Ottawa, Canada. With over 200 employees, Nexus Telecom delivers solutions that solve business needs in the areas of fixed-line and wireless network revenue assurance (telecom usage billing and mediation), Performance Management (performance reporting), and Fault Management (troubleshooting, surveillance, and validation). To date these solutions have been deployed in over 100 countries worldwide.

Nexus Telecom has official long-standing partnerships with leading international telecommunications equipment vendors, as well as close involvement with network operators and telcos, creating a pool of valuable expertise and a unique insight into both the long-term and everyday issues faced by its customers.

Nexus Telecom AG is certified according to the ISO 9001 Quality and Management Standards.

About Siemens Communications Group

Siemens Communications is one of the largest players in the global telecommunications industry. Siemens is the only provider in the market that offers its customers a fullrange portfolio, from devices for end users to complex network infrastructures for enterprises and carriers as well as related services. Siemens Communications is the world’s innovation leader in convergent technologies, products and services for wireless, fixed and enterprise networks. It is the largest Group within Siemens and operates in more than 160 countries around the world. In fiscal 2004 (year-end September 30), its 60,000-strong workforce posted sales of approximately 18 billion euros.

For more information about NGN billing, contact Carl Fenger, Marketing Director at Nexus Telecom

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