Verso Technologies, Inc. VRSO(Nasdaq: VRSO), a leading provider of packet based solutions, announced today that Splendor Telecom, an international carrier, has selected the Verso I-Master(R) solution to expand its suite of local and wholesale services in the Middle East, Europe, and Africa (EMEA) regions.

Splendor will utilize the Verso solution to strengthen its position in the EMEA wholesale pre-paid market in addition offering to VoIP services. Splendor chose the I-Master system after considering several incumbent products, as Verso’s robust solution offered the highest level of stability and reliability, while streamlining revenue and billing issues.

Verso’s I-Master solution provides a superior feature and services platform for service providers seeking to deliver voice and data services that increase revenues and promote customer loyalty, without sacrificing the revenue assurance of the pre-paid model. With a unique and intuitive interface, the Verso solution allows service providers such as Splendor to easily manage complex rating schemes required in a dynamic market like the EMEA Region. The I-Master solution uses an Oracle database running on the Solaris operating system to deliver maximum performance and reliability to service provider networks.

“The I-Master platform’s unique features and services, as well as its ability to preserve the revenue assurance model, were key in Splendor’s selection,” said Monty Bannerman, chief executive officer, Verso Technologies. “Splendor recognized a unique opportunity to deploy in-demand services that will facilitate greater market share,” added Bannerman. “The Middle East is a key emerging market for Verso that will increasingly require complete and bundled solutions.”

“The I-Master solution will streamline our sales process by providing a single price solution, which is particularly important as we work across many countries and currencies,” said Omar Onsi chairman and chief executive officer, Splendor Telecom. “In addition, the solution offers a vast variety of services within the same architecture.”