iXLink ®, announced that more than one million business transactions have been processed through iXLink. More than 150 carriers worldwide are now using iXLink to automatically exchange business information with their trading partners.

Founded in conjunction with some of the world’s largest carriers as a neutral business exchange service for the telecom industry, iXLink reduces the costs and complexities associated with interconnection including the purchase and sales processes; international dial code management; billing; invoice validation and settlement. iXLink’s flexible design supports fixed, mobile and VoIP service providers of any size, location or technical sophistication. By electronically exchanging business data and documents, carriers can streamline their interconnection management processes as well as reduce the complexity and administrative costs surrounding daily interconnect transactions.

Last month, iXLink introduced its newest service, iXLink Price List Distribution, that automates the selling process for international wholesale voice. This robust offer management and workflow solution allows service providers to simplify and automate the sales processes within their wholesale interconnect business. The service manages the distribution of international hubbing and refile price lists by applying customized formatting and ensuring the automatic distribution of the price lists in XLS or CSV formats via email. Based on the configuration chosen by the seller, the price lists can be further enhanced with additional data including time band definitions, rounding rules, destination changes and rate change indicators.

“iXLink is fundamentally redefining how the world’s carriers conduct business with one another,” said Don Lynch, CEO of Telarix. “By providing electronic delivery, transmission and analysis of the multitude of interconnect business documents service providers receive each month, carriers are reducing the costs and complexity associated with managing today’s interconnect agreements.”

Recently the Yankee Group called iXLink an effective solution to reduce miscommunication and lost data in the telecom industry. A copy of the Yankee Group report can be available at the iXLink website: http://www.ixlink.com

About iXLink

iXLink, a business unit of Telarix, Inc., is a neutral business exchange service designed specifically for the telecom industry. Created in conjunction with a number of the world’s largest telecom providers, iXLink provides a secure, reliable business-to-business information exchange platform that enables communication service providers to automate business processes as well as quickly and efficiently access and share business documents among their trading partners.

About Telarix Inc.

Telarix Inc. is the world’s leading provider of business information exchange and interconnect OSS/BSS solutions for content providers, IP service providers and global fixed and mobile operators.

For more information, please visit their website: http://www.ixlink.com

Verizon Business became a member of iXLink, as announced by Telarix, Inc. XLink, founded in conjunction with a number of the world’s leading telecom providers, enables service providers to quickly and efficiently access and share business information among their trading partners.

Being a leading provider of advanced communications solutions for enterprise and government customers, Verizon Business is one of the three operating units of Verizon Communications, (NYSE:VZ), and has offices in 75 countries and six continents. The Gartner Inc., a leading industry analyst firm, recently placed Verizon Business in the Leaders quadrant of the European network service providers.

Today, the increasing complexity and volume of price lists, invoices, declarations and other business documents, combined with the variety of data formats now being used, has created a challenging environment for service providers. Most are finding that they must devote substantial resources to track, format, validate, process and manage these documents and transactions with each business partner.

An open community of telecom carriers, iXLink, enables carriers to efficiently exchange business information. By electronically exchanging business data and documents, carriers can streamline their interconnection management processes as well as reduce the complexity and administrative costs surrounding daily interconnect transactions.

“We are pleased to have Verizon Business as a member of the iXLink community,” said Don Lynch, CEO of Telarix. “The establishment of iXLink provides an innovative intercarrier exchange service that will foster a more robust wholesale market while enabling service providers to streamline the existing interconnect processes.”

About iXLink

iXLink is a neutral, global business information exchange service designed specifically for the telecom industry. Created in conjunction with a number of the world’s telecom providers, iXLink provides a secure, reliable business-to-business information exchange platform that enables
communication service providers to automate business processes as well as quickly and efficiently access and share business documents among their trading partners. iXLink is a service of Telarix Inc.

About Telarix Inc.

Telarix Inc. is the world’s leading provider of Interconnect Business Optimization (IBO) and settlement solutions for content providers, IP service providers and global fixed and mobile operators.

For more information, please visit their website: http://www.ixlink.com

Source for this post: Telarix Inc.

Website: http://www.ixlink.com

Today, service providers must manage business connections with hundreds of other international carriers, each of which is sending multiple rate and dial-code change notifications as well as invoices, declarations and dispute letters each month. However, the lack of widely accepted standards in this business, together with the increasing volume of information exchanged between the carriers, has caused a significant increase in the daily operations workload. As a result, the costly, labor intensive processes and legacy systems used to manage these interconnect agreements in the past are now struggling to meet today’s dynamic business requirements.

iXLink, which is designed as an open service platform for use by all service providers, enables carriers to easily and effectively conduct business with one another. As an neutral business exchange service for the telecom industry, iXLink reduces the costs and complexities associated with interconnection including the purchase and sales processes; international dial code management; billing; invoice validation and settlement. iXLink’s flexible design supports fixed, mobile and VoIP service providers of any size, location or technical sophistication. By electronically exchanging business data and documents, carriers can streamline their interconnection management processes as well as reduce the complexity and administrative costs surrounding daily interconnect transactions.

“In today’s competitive market, service providers are seeking new ways to reduce costs and increase the efficiency of their interconnect business,” said Philip Marshall,

Senior Vice President, Enabling Technologies – Telecom Solutions at Yankee Group. “By directly linking the world’s carriers and their interconnect processes, iXLink creates a paradigm shift in the market that will enable carriers to significantly reduce costs, increase visibility and control over interconnect transactions as well as strengthen overall intercarrier business relationships.”

One of the first services available through iXLink is Price List Receipt which automates the buy and sell transactions among service providers related to international wholesale voice. A typical carrier has agreements with hundreds of other carriers, each of which is sending multiple rate change notifications each month. Each offer can contain pricing for hundreds to as many as 1,000 international destinations forcing carriers to track as many as 500,000 details per month, per trading partner.

iXLink Price List Receipt enables service providers to have all of their trading partners’ price lists automatically validated and translated into a single format and electronically delivered in near real time, eliminating the costly manual processes and financial risks associated with managing large volumes of cost data. Driven by a state-of-the-art analysis engine and flexible import adaptors, iXLink supports a wide variety of data formats ranging from Microsoft Excel to XML to CSV. As a result, buyers can use iXLink to connect with hundreds of suppliers, regardless of their preferred document format.

When a price list is received, iXLink immediately time-stamps and validates each price list against the specific data template established for each unique seller. The seller is automatically notified of any ambiguous data or errors, eliminating the potential for disputes or accidental cost overruns. The system also enables buyers to apply user-defined rules to each price list in order to meet their internal business objectives and obtain greater financial controls.

Once the price list is validated, iXLink automatically translates and converts the price list into the buyer’s preferred format and sends it via VPN, secure FTP or e-mail to the subscribed buyer, enabling routing optimization to begin within minutes of receipt by iXLink. As a result, the buyer’s purchasing team can focus on high value business activities rather than spending costly time on data formatting, validation and analysis.

“The creation of iXLink is a direct response to some of the largest challenges facing the telecom industry,” said Don Lynch, CEO of Telarix. “By creating an industry-wide standard for intercarrier exchange of business documents, iXLink will improve collaboration between carriers while reducing the costs associated with today’s labor intensive interconnect processes.”

About Telarix
Telarix, Inc. delivers the leading Interconnect Business Optimization (IBO) and settlement software solutions, providing telecommunications companies with the ability to easily manage costs and drive profitability on their interconnect networks. Telarix’s innovative platform, iXTools, helps service providers leverage operational intelligence to enable real-time business decisions which improve interconnect operational efficiency and margins. The company’s comprehensive IBO solution allows carriers to proactively manage voice and data traffic almost as quickly as it moves across their global networks. Telarix customers include global Tier-1 carriers such as BellSouth, Embratel, Global Crossing, Golden Telecom, GPTC, KDDI, Deutsche Telekom , Portugal Telecom, Primus, Sprint, Telecom Italia Sparkle, Telefónica, TELUS, Verizon and more. The company was founded in 1996 and is headquartered in Vienna , Va. Please visit www.telarix.com for more information.

As part of Telarix’s comprehensive portfolio of interconnect and settlement solutions, iXBill™ ensures the entire interconnect billing process is fully tracked and captured, providing service providers an unprecedented view of their revenue streams while identifying critical financial trends. Unlike many of the billing-only focused interconnect solutions available in the market today, iXBill provides embedded revenue assurance capabilities, leveraging its integration with other key carrier business functions including agreement management; route optimization; pricing; and audit and reconciliation. This level of sophistication ensures that all billable activities are accurately captured, rated and billed.

“To enhance our revenue assurance capabilities, Portugal Telecom was interested in a state-ofthe-art solution that provided a holistic view of our business and could be integrated easily with our existing back-office billing and financial management systems,” said José Morais de Oliveira, Director of International Wholesale at Portugal Telecom. “By leveraging iXBill, Portugal Telecom now has a comprehensive tool which will provide the critical data required to optimize our billing processes and ensure the accuracy of each interconnect statement.”

“On average, revenue leakage is costing global service providers between two and seven percentof annual revenues,” said Don Lynch. “iXBill’s next generation billing capabilities provides business savvy carriers like Portugal Telecom with real-time access to the business-critical information required to accurately and effectively track settlement charges and enable partner invoice reconciliation.”

iXBill is part of Telarix’s iXTools™, a powerful suite of software modules that enables carriers to reduce costs and increase profitability across their interconnect networks. The Yankee Group named Telarix as one of the only interconnect solutions providers to address the four critical value areas for service providers: Route Optimization; Pricing and Margin Management; Billing; and Verification, Audit and Reconciliation.

About Portugal Telecom
The PT Group, an example of leadership and innovation, is today the company in Portugal with the largest national and international projection. This is a clear and sharp result of a commitment to quality and innovation which has been guided by the need to satisfy the specific needs of each of its clients in each business area. Quoted on the Lisbon and New York Stock Exchange, the PT Group has approximately 22,000 employees serving about 35 million domestic and international clients in its home base of operation, Portugal, as well as other territories including Brazil and various prominent countries in Africa and Asia. As a multinational telecommunications group, Portugal Telecom has a complete and vast portfolio of services that goes from fixed local, long distance, international telephone service and leased lines to mobile services, data and internet communications, high grade corporate solutions, specialized satellite services, information systems, cable television and in general media and entertainment. These are all areas in which PT has positioned itself as market leader. For more information about PT Group, please visit the website at www.telecom.pt.

About Telarix
Telarix, Inc. delivers the leading Interconnect Business Optimization (IBO) and settlement software solutions, providing telecommunications companies with the ability to easily manage costs and drive profitability on their interconnect networks. Telarix’s innovative platform, iXTools, helps service providers leverage operational intelligence to enable real-time business decisions which improve interconnect operational efficiency and margins. The company’s comprehensive IBO solution allows carriers to proactively manage voice and data traffic almost as quickly as it moves across their global networks. Telarix customers include global Tier-1 carriers such as BellSouth, Embratel, Global Crossing, Golden Telecom, GPTC, KDDI, Deutsche Telekom, Portugal Telecom, Sprint, Telecom Italia Sparkle, Telefónica, TELUS, Verizon and more. The company was founded in 1996 and is headquartered in Vienna, Va. Please visit www.telarix.com for more information.

Telarix’s iXTools ASP is a hosted interconnect business optimization and settlement service which provides carriers with unequaled visibility into their interconnect operations. To optimize profitability and proactively guard against market risks, iXTools ASP offers comprehensive financial management capabilities to detect and remedy areas of potential revenue leakage or cost inefficiency. The service leverages Telarix’s groundbreaking Vendor Specific Rating (VSR™) capabilities to give service providers near real-time margin visibility by rating calls based on each partner’s specific numbering plan. By eliminating blended rates, estimated costs and the labor intensive process of dial code mapping, carriers can immediately identify the true costs and associated margins of all their interconnect traffic. This unparalleled financial control allows service providers to manage effectively their business risks while protecting their overall margin advantage.

As a hosted service, iXTools ASP is supported by an extensive, high-availability infrastructure. Telarix manages the service on dedicated, high performance servers at a state-of-the-art data center and provides day-to-day management of the equipment, operating environment, and application software. iXTools ASP provides full 24×7 monitoring and management of the service and offers industry-leading firewall and security features to ensure protection of critical data.

“Primus has a reputation of leveraging innovative solutions to reduce costs and increase our overall competitive advantage,” said Stephen McIntyre, President of Primus’ Global Service Providers Division. “As an iXTools ASP customer, Primus will have a cost effective solution to manage our global interconnect business including agreement management, routing optimization, and revenue assurance.”

“Telarix’s iXTools ASP solution is redefining the economics of interconnect by enabling service providers to substantially reduce operational costs and increase profitability,” said Don Lynch, CEO of Telarix. “By deploying iXTools ASP, Primus will significantly enhance their interconnect operations and strengthen their overall position as one of the leading telecom providers in the industry.” Recently, the Yankee Group named Telarix as one of the only interconnect solutions providers to address the four critical value areas for service providers: Route Optimization; Pricing and Margin Management; Billing; and Verification, Audit and Reconciliation.

About Primus Telecommunications, Inc
Primus Telecommunications, Inc., is a wholly-owned subsidiary of PRIMUS Telecommunications Group, Incorporated (OTCBB:PRTL), an integrated communications services provider offering international and domestic voice, voice-over-Internet protocol (VOIP), Internet, wireless, data and hosting services to business and residential retail customers and other carriers located primarily in the United States, Canada, Australia, the United Kingdom and western Europe. PRIMUS provides services over its global network of owned and leased transmission facilities, including approximately 350 points-of-presence (POPs) throughout the world, ownership interests in undersea fiber optic cable systems, 16 carrier-grade international gateway and domestic switches, and a variety of operating relationships that allow it to deliver traffic worldwide. Founded in 1994, PRIMUS is based in McLean, VA.

About Telarix
Telarix, Inc. delivers the leading Interconnect Business Optimization (IBO) and settlement software solutions, providing telecommunications companies with the ability to easily manage costs and drive profitability on their interconnect networks. Telarix’s innovative platform, iXTools, helps carriers leverage operational intelligence to enable real-time business decisions which improve interconnect operational efficiency and margins. The company’s comprehensive IBO solution allows carriers to proactively manage voice and data traffic almost as quickly as it moves across their global networks. Telarix customers include global Tier-1 carriers such as BellSouth, Embratel, Global Crossing, GPTC, KDDI, Deutsche Telekom, Portugal Telecom, Sprint, Telecom Italia Sparkle, Telefónica, TELUS, Verizon and more. The company was founded in 1996 and is headquartered in Vienna, Va. Please visit www.telarix.com for more information.

Telarix’s iXTools, a powerful suite of software modules, provides carriers with an end-to-end management and optimization solution for their interconnect business. By analyzing both revenue and cost information associated with telecom traffic in near real-time, service providers have a holistic view of their entire interconnection operation including agreement management, routing optimization, and revenue assurance. The United States Patent and Trademark Office recently awarded Telarix a patent for its pioneering interconnect business optimization solution.

“To effectively compete in today’s dynamic market, Golden Telecom required a next generation interconnect business optimization tool. Telarix’s iXTools software solution offered the advanced functionality and scalability required to meet our continued growth and expansion,” said Alexander Vinogradov, President of Golden Telecom. “After an extensive evaluation process, Telarix was selected because of the company’s proven technology leadership as well as their demonstrated expertise in routing optimization, interconnect management and revenue assurance. We are very optimistic about our growing relationship with Telarix.”

“Telarix is pleased to work with Golden Telecom as they continue to expand their interconnect operations and service offerings,” said Telarix CEO Don Lynch. “By deploying iXTools, Golden Telecom will be able to redefine the performance and economics of their interconnect business—creating a sustainable competitive advantage.” Recently, the Yankee Group named Telarix as one of the only interconnect solutions providers to address the four critical value areas for service providers: Route Optimization; Pricing and Margin Management; Billing; and Verification, Audit and Reconciliation

About Golden Telecom
Golden Telecom, Inc., (NASDAQ:GLDN) is a leading facilities-based provider of integrated telecommunications and Internet services in major population centers throughout Russia and other countries of the Commonwealth of Independent States (“CIS”). The Company offers voice, data, and Internet services to corporations, operators, and consumers using its metropolitan overlay network in major cities including Moscow, Kiev, St. Petersburg, Nizhny Novgorod, Samara, Kaliningrad, Krasnoyarsk, Almaty, and Tashkent, and via intercity fiber optic and satellite-based networks, including approximately 287 combined access points in Russia and other countries of the CIS. The Company offers mobile services in Kiev and Odessa. Please visit www.goldentelecom.com for more information.

About Telarix
Telarix, Inc. delivers the leading Interconnect Business Optimization (IBO) and settlement software solutions, providing telecommunications companies with the ability to easily manage costs and drive profitability on their interconnect networks. Telarix’s innovative platform, iXTools, helps carriers leverage operational intelligence to enable real-time business decisions which improve interconnect operational efficiency and margins. The company’s comprehensive IBO solution allows carriers to proactively manage voice and data traffic almost as quickly as it moves across their global networks. Telarix customers include global Tier-1 carriers such as BellSouth, Embratel, Global Crossing, GPTC, KDDI, Deutsche Telekom, Portugal Telecom, Sprint, Telecom Italia Sparkle, Telefónica, TELUS, Verizon and more. The company was founded in 1996 and is headquartered in Vienna, Va.

“GPTC has an ambitious plan to play a major and strategic role in the voice termination market worldwide and specifically in the Pan-African area,” said Kamal Farhat, Director of International Carrier Business at GPTC.

GPTC will leverage Telarix’s next generation routing optimization solutions, iXRoute™
and iXTranslate™, to further streamline and automate the carrier’s routing processes. These solutions eliminate the limitations associated with legacy Least Cost Routing (LCR) products by allowing carriers to define business and network requirements to financially optimize their network routing.

Farhat went on to say that “It was fundamental that we deploy a next generation interconnect optimization solution that was flexible, integrated and scaleable so that we can quickly and efficiently expand our hubbing business. After an extensive analysis of the existing business operation systems on the market, Telarix was the only company which offered a comprehensive solution that would enable GPTC to define and administer a variety of complex agreement types such as volume, threshold, bilateral, and hubbing agreements in order to maximize the revenue potential of our business.”

iXTranslate enables automated route provisioning by converting optimized network route guides into switch level instructions— allowing GPTC to activate routing changes directly with their Siemens switches. The software module supports traditional voice switches from the industry’s leading manufacturers as well as IP softswitches now being deployed by major international carriers. As a result, GPTC is able to make routing changes in minutes rather than hours, allowing them to react quickly and effectively to potential financial risks, opportunities or changing network conditions.

“We were also impressed by Telarix’s dynamic team of seasoned telecom professionals,” said Farhat. “Their knowledge and expertise of international traffic management, route optimization and settlement has proven to be an invaluable resource to the entire organization.”

iXTools will provide GPTC complete visibility into all aspects of their interconnect business as well as the ability to control operations with a touch of a button. Telarix’s iXTools is a powerful suite of software modules that enables carriers to reduce costs and increase profitability across their interconnect networks. By analyzing both revenue and cost information associated with telecom traffic in near real-time, carriers can optimize network routing and identify financial risks and opportunities while ensuring that every call is captured, rated and billed accurately. Three of the world’s five largest telecom providers depend on iXTools to optimize their interconnect business. “We are excited to work with this leading Pan-African carrier,” said Don Lynch, CEO of Telarix. “GPTC’s implementation of iXTools will enable them to grow revenues and improve the performance of their interconnect business while reducing the overall costs of operation.”

Recently, Telarix was recognized by Yankee Group as one of the only interconnect solutions providers to address the four critical value areas for wholesale carriers: Route Optimization; Pricing and Margin Management; Billing; and Verification, Audit and Reconciliation.

About Telarix
Telarix, Inc. delivers the leading Interconnect Business Optimization (IBO) and settlement software solutions, providing telecommunications companies with the ability to easily manage costs and drive profitability on their interconnect networks. Telarix’s innovative platform, iXTools, helps carriers leverage operational intelligence to enable real-time business decisions which improve interconnect operational efficiency and margins. The company’s comprehensive IBO solution allows carriers to proactively manage voice and data traffic almost as quickly as it moves across their global networks. Telarix customers include global Tier-1 carriers such as BellSouth, Embratel, Global Crossing, KDDI, Deutsche Telekom, Portugal Telecom, Sprint, Telecom Italia Sparkle, Telefónica, TELUS, Verizon and more. The company was founded in 1996 and is headquartered in Vienna, Va. Please visit www.telarix.com for more information.

As part of the new strategy, Telarix will offer its interconnect business optimization and settlement solutions over a Flexible Delivery Platform, which includes a new hosted offering called iXTools ASP(TM). Now carriers can choose either an outsourced, hosted or traditional software license solution to improve revenue assurance, optimize routing, manage complex agreements and facilitate financial traffic management.

“Offering a solution such as this in both a software-based and a services-based model helps tailor the end product to meet a carrier’s exact needs,” commented Paul Hughes, Vice President of Communications Software Strategies with the Yankee Group. “Telarix’s Flexible Delivery Platform strategy demonstrates the company’s commitment to meeting global communications carriers’ specific OSS/BSS strategies, each of which may differ based on past investment history and technology acquisition and usage preferences, and bolsters the company’s position in the global OSS/BSS space.”

This unprecedented offering provides traditional global incumbents, emerging service providers, and dominant regional players of fixed, mobile and VoIP services a comprehensive solution tailored to their specific business environment and requirements. Three of the world’s five largest telecom providers already depend on iXTools to optimize their interconnect business.

Telarix is also dedicating substantial research and development resources to maintain its leadership in delivering the industry’s most innovative interconnect solutions, including those specifically designed to address the challenges associated Next Generation Networks. The company recently announced the availability of iXBill(TM), a robust and highly flexible interconnect billing system that allows carriers to eliminate revenue leakage by supporting interconnect agreements with other carriers, regardless of the level of complexity and the type of network. In addition, Telarix extended the flexibility of iXTools with support on Oracle Real Application Clusters 10g, enabling carriers to leverage all the benefits of the industry’s leading interconnect solution regardless of their operating environment and database platform. Telarix’s commitment to product innovation was recognized this month by TeleStrategies, publisher of Billing World & OSS Today magazine, when it announced that Telarix was a finalist in the Achievement in Innovation and Customer Success Story categories for its Sixth Annual Excellence Awards.

To maintain its proven track record of 100% on-time, on-budget implementations and superior customer care, Telarix is further enhancing its Professional Service and Customer Support organizations to offer the breadth and depth of technical expertise required to meet the specific business needs of each individual service provider, regardless of size or location. Staffed by subject matter experts with extensive knowledge and experience in routing optimization, interconnect management and revenue assurance, these organizations can tailor a solution to meet each service provider’s unique operating environment- ensuring the entire interconnect business is optimized for maximum performance and profitability. Finally, Telarix will leverage partnerships with other industry leaders and regional experts to offer service providers the most comprehensive, world-class solution that can be implemented globally and supported locally.

“The tremendous growth in wireless content and migration to IP centric networks is presenting service providers with a number of challenges including effective management of interconnect agreements as well as the ability to quickly and efficiently bill and collect payments from multiple partners,” said Don Lynch, CEO of Telarix. “The company’s state-of-the-art technology and extensive expertise in the international interconnect carrier and OSS/BSS software markets makes Telarix uniquely positioned to offer service providers value-added solutions that not only address today’s demands but are flexible enough to meet tomorrow’s challenges. We believe a consultative approach, combined with innovative solutions, will enable service providers to reduce costs, drive top line revenue growth and gain the sustainable competitive advantage required to succeed in this dynamic marketplace.”

Telarix has been recognized by Yankee Group as one of the only interconnect solutions providers to address the four critical value areas for service providers: Route Optimization; Pricing and Margin Management; Billing; and Verification, Audit and Reconciliation.

About Telarix
Telarix, Inc. delivers the leading Interconnect Business Optimization (IBO) and settlement software solutions, providing telecommunications companies with the ability to easily manage costs and drive profitability on their interconnect networks. Telarix’s innovative platform, iXTools, helps carriers leverage operational intelligence to enable real-time business decisions which improve interconnect operational efficiency and margins. The company’s comprehensive IBO solution allows carriers to proactively manage voice and data traffic almost as quickly as it moves across their global networks. Telarix customers include global Tier-1 carriers such as BellSouth, Embratel, Global Crossing, KDDI, Deutsche Telekom, Portugal Telecom, Sprint, Telecom Italia Sparkle, Telefonica, TELUS, Verizon and more. The company was founded in 1996 and is headquartered in Vienna, Va. Please visit www.telarix.com for more information.

Telarix’s iXTools(TM) is a powerful suite of software modules that enables carriers to reduce costs and increase profitability across their interconnect networks. By analyzing both revenue and cost information associated with telecom traffic in near real-time, carriers can optimize network routing and identify financial risks and opportunities while ensuring that every call is captured, rated and billed accurately. Three of the world’s five largest telecom providers depend on iXTools to optimize their interconnect business.

“Telarix is committed to addressing the interconnect challenges facing today’s carriers, regardless of their operating environment and database platform,” said Don Lynch, CEO of Telarix. “We are pleased to support Oracle and further extend the benefits of iXTools.”

Telarix recently introduced its next generation interconnect billing solution, iXBill. The innovative system ensures the entire interconnect billing process is fully tracked and captured, providing service providers an unprecedented view of their revenue streams while identifying critical financial trends.

iXBill will be showcased this week at Billing and OSS World 2006, May 3-5 in Miami, Florida.

About Telarix
Telarix, Inc. delivers the leading Interconnect Business Optimization (IBO) and settlement software solutions, providing telecommunications companies with the ability to easily manage costs and drive profitability on their interconnect networks. Telarix’s innovative platform, iXTools, helps carriers leverage operational intelligence to enable real-time business decisions which improve interconnect operational efficiency and margins. The company’s comprehensive IBO solution allows carriers to proactively manage voice and data traffic almost as quickly as it moves across their global networks. Telarix customers include global Tier-1 carriers such as BellSouth, Embratel, Global Crossing, KDDI, Deutsche Telekom, Portugal Telecom, Sprint, Telecom Italia Sparkle, Telefonica, TELUS, Verizon and more. The company was founded in 1996 and is headquartered in Vienna, Va. Please visit www.telarix.com for more information.

iXBill(TM), one element of Telarix’s comprehensive revenue assurance solution, is a robust and highly flexible interconnect billing system that allows carriers to eliminate revenue leakage by ensuring that every call is captured, rated and invoiced correctly. Unlike many of the billing-only focused interconnect solutions available in the market today, iXBill is integrated with other key carrier business functions including agreement management; route optimization; pricing; and audit and reconciliation. This level of sophistication ensures that all billable activities are accurately captured, rated and billed while allowing service providers to support a variety of agreement types and rating scenarios including the multi-party settlements and sophisticated revenue sharing partnerships common in today’s dynamic voice, data, and IP interconnect market.

Three of the world’s five largest telecom providers depend on Telarix’s iXTools to optimize their interconnect business.

Joerg Debus, Vice President of Projects & Strategy of Voice Services for Deutsche Telekom’s International Carrier Sales & Solutions (ICSS) group, and Amir Yazdanpanah, Chief Operating Officer for Telarix, will make a joint case study presentation entitled “The Changing Face of the Interconnect Space”. The session will address the challenges associated with the interconnect business and how interconnect business optimization solutions can improve carrier operations. The session is scheduled for Thursday, May 4 at 3:15 – 4:00 pm.

Telarix has also been selected by TeleStrategies, publisher of Billing World & OSS Today magazine, as a finalist in the Achievement in Innovation and Customer Success Story categories for its Sixth Annual Excellence Awards. One winner per category will be selected and announced at the Billing & OSS World 2006 Excellence Awards reception on Wednesday, May 3.

About Telarix
Telarix, Inc. delivers the leading Interconnect Business Optimization (IBO) and settlement software solutions, providing telecommunications companies with the ability to easily manage costs and drive profitability on their interconnect networks. Telarix’s innovative platform, iXTools, helps carriers leverage operational intelligence to enable real-time business decisions which improve interconnect operational efficiency and margins. The company’s comprehensive IBO solution allows carriers to proactively manage voice and data traffic almost as quickly as it moves across their global networks. Telarix customers include global Tier-1 carriers such as BellSouth, Embratel, Global Crossing, KDDI, Deutsche Telekom, Portugal Telecom, Sprint, Telecom Italia Sparkle, Telefonica, TELUS, Verizon and more. The company was founded in 1996 and is headquartered in Vienna, Va. Please visit www.telarix.com for more information.