Telenity Names Dilip Singh as Chief Executive Officer

New CEO to Lead Telenity's Growth in the Move to Service Delivery Platform and IMS Deployments in Communications Networks

Monroe, CT. – (BUSINESS WIRE) – January 25, 2006 – Telenity (www.telenity.com), a leading provider of next generation converged services platforms and applications for communications networks, today announced the appointment of Dilip Singh, an industry veteran with over 32 years of experience, as President and Chief Executive Officer (CEO) effective January 1, 2006. Mr. Singh has served as the President of Telenity since September 2004. In his new role as President and CEO, Mr. Singh will continue to lead the company to sustained growth, profitability and international expansion. Mr. Bekir Serbet, a founder and former CEO of Telenity, will continue as a member of the Board of Directors.

“Telenity's expansion into APAC and North America via through and to Tier 1 partners and our recent wins in location-based services, ringback tone solutions, and converged services platforms are just few measures of Dilip's leadership contribution to Telenity's growth,” said Bekir Serbet. “Dilip has a very clear focus on our converged services proposition to deliver off-the-shelf integrated components that enable content, application and infrastructure technologies such as messaging or location to come together in any 2G, 2.5G and 3G network, including IMS implementation alignment with the evolution of the core network.”

“The vitality of Telenity's converged services proposition is that convergence is happening everywhere and it is dramatically changing the market dynamics as triple and quadruple play bundles are deployed by network operators,” said Singh. “As operators implement Internet Multimedia Subsystem (IMS), Telenity's Canvas converged services solutions will be in the vanguard of our eco-system partners to deliver IP-based services faster, at lower costs and with richer user experience.”

Prior to his most recent position as President of Telenity, Singh was President at ADC's Software Systems Division; Singh was an Entrepreneur in Residence at MC Venture Partners responsible for developing investment thesis and then concentrating efforts in pursuing investments in information technology and telecom market segments. Previously, Singh served as President of NewNet, a telecom infrastructure software startup, which was acquired by ADC in 1997. Prior to NewNet, he served at Sprint Corporation as Executive Director of Intelligent Network Services and OSS Planning and Development. Before that Singh served as Co-founder/Joint Managing Director of United Database Corporation, a ground-zero start up which introduced Yellow Pages in India. Prior to United Database, Singh was an independent telecom consultant for Alcatel in England, Germany and Italy . Singh holds a Masters of Technology from the Indian Institute of Technology and a Masters of Science from the University of Jodhpur.

About Telenity
Telenity is a leading provider of next generation converged services platforms and applications for communications networks. Telenity's IMS compliant converged services solutions include: reusable service delivery and content components enabling rapid service creation, deployment and execution functionalities across multiple services and applications; location and presence servers; integrated messaging solutions; and value added services. Telenity's worldwide customer base includes network operators, service providers and application providers serving over 100 million subscribers. Telenity partners with global and regional network equipment providers, system integrators and computing platform manufacturers. Learn more about Telenity's Canvas family of converged services solutions at www.telenity.com

Visit Telenity at:

• 3GSM World Congress 2006, February 13-16, Barcelona, Spain
• CTIA Wireless 2006, April 5-7, Las Vegas, Nevada, USA

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