Telarix, Inc., a leading provider of Interconnect Business Optimization (IBO) and settlement solutions for content providers, IP service providers and global fixed and mobile operators, today announced that Primus Telecommunications, Inc., an integrated communications services provider and one of the world’s top ten wholesale carriers, has selected iXTools ASP service to reduce costs and enhance margins in its interconnect business.

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.