NEXAGENT NAMED BY TORNADO INSIDER AS ONE OF EUROPE ’S TOP 100 PRIVATE TECH COMPANIES

The elite of Europe’s high-tech entrepreneurial vanguard, appreciating
excellence in innovative, commercial and financial performance.

London UK, 26 January 2005 – Nexagent, the market leader in centralised management software and hardware for interconnecting next-generation telecom networks, has been selected as one of the best-performing and innovative high-tech private companies in Europe and Israel in the fourth annual Tornado100 list. Nexagent was founded by Charlie Muirhead and Chris Gare in 2001.

“The companies Tornado Insider selected are Europe’s technology stars,” said Niels Valkering, Tornado Insider’s Head of Research. “Combining internal analysis with advice from industry specialists, we identified the elite of Europe’s high-tech entrepreneurial vanguard, appreciating excellence in innovative, commercial and financial performance. Watch these companies in 2005, as the technology they are commercialising today will change tomorrow’s trends.”

The selection of the 2004 Tornado100 Winners from thousands of candidates was judged according to the following criteria:

• Delivering an innovation that shows the promise to set new standards
• Creating a major new audience
• Supplying a key piece of the ICT infrastructure
• Commanding a significant customer base
• Having the potential to become a global brand or standard
• Influencing a major market
• Receiving a significant amount of funding
• Having a strong valuation for a lucrative exit
• Having a management with previous successful exit experience

The list was announced during the Tornado Insider/World Financial Symposiums T100 Leadership Forum. This event was a gathering of technology CEOs and CFOs eager to gain insights on how to lead their enterprise and their careers to more effective and positive outcomes.

“We are honoured that our efforts have been recognised by both Tornado Insider and the World Economic Forum,” said Charlie Muirhead, president and founder of Nexagent. “Both awards are highly valued by Nexagent as they recognise our technology achievements and the business issues we are addressing with it. This year is shaping up to be our most successful year yet. ”

-ENDS-

About Nexagent

Nexagent is the pioneer and market leader in centralised management software and hardware for interconnecting next-generation telecom networks. Based on open standards and offering a component based approach, Nexagent’s software and hardware enables carriers and systems integrators to automate and accelerate the creation, provisioning and management of advanced IP services over multiple carrier networks. As well as dramatically reducing time-to-market for new services, Nexagent’s customers benefit from increased operational efficiencies, improved productivity and greater service performance – all key to remaining competitive in a crowded marketplace. For more information, visit Nexagent’s website at: www.nexagent.com

About Tornado100:

The 2004 Tornado100 list is a critical selection of the 100 best-performing and innovative high-tech private companies of Europe and Israel in the past year. Identifying the 100 finest from a list of thousands of quality candidates is a task undertaken by Tornado Insider’s research department, in conjunction with industry insiders and high-tech analysts.

www.tornado-insider.com

Contacts

For Nexagent:

Kate Ainsworth
Email: kate.ainsworth@b1.com
Tel: + 44 (0) 207 349 2324

Rebecca Arnold (Charlie Muirhead)
Email: cmuirhead@nexagent.com