NEXAGENTS INDUSTRY AWARD HAUL CONFIRMS STRENGTH OF ITS TECHNOLOGY FOR INTERCONNECTING NEXT-GENERATION TELECOM NETWORKS

Named World Economic Forum Technology Pioneer For 2005, Red Herring 100 Europe and Tornado Insiders Top 100 European Private Tech Companies.

London UK, 25 July 2005 – Nexagent, the market leader in centralised management software and hardware for interconnecting next-generation telecom networks, has been rewarded for its innovation with three prestigious industry accolades over the past six months. It has been named in the:

• World Economic Forum Technology Pioneer for 2005 – The selection of the 29 most innovative technology suppliers globally.
• Red Herring 100 Europe – A selection of the 100 private companies in Europe and Israel that play a leading role in innovation and technology.
• 2004 Tornado100 – Tornado Insider’s collection of the 100 best-performing and innovative high-tech private companies within Europe and Israel in the past year.

Charlie Muirhead, founder and president, Nexagent, said: “Nexagent was set up with the premise of delivering flexible, open-standards technology to enable carriers and systems integrators to achieve a truly ‘global’ telecoms network. Over the past three years we have focused on building relationships and listening to the needs of carriers and systems integrators about their interconnection challenges to ensure that our solutions truly address their pain points. Our recent industry accolades recognise this achievement.”

‘It is not enough for companies to have developed a great technology these days,” said Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum. “Timing is intrinsically important in deciding which technologies are successfully integrated into society. History shows us that successful technologies fulfilled an empty but important niche. These 29 companies are clearly addressing societal needs.”

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.

-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, Nexagents 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, Nexagents 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 Nexagents website at: www.nexagent.com

About the Technology Pioneers Programme:

The World Economist Forum started the Technology Pioneers programme in 2000, with Deloitte Touche Tohmatsu and Apax Partners as Strategic Partners, with the goal of identifying and integrating companies involved in the development of potential life-changing technology innovation. Once selected, Technology Pioneers are fully integrated into Forum activities, and can meet with scientist, academics, NGOs, and Forum members and partners to discuss and debate the impact of technology innovation on society and business.

http://www.weforum.org

About Red Herring’s Top 100 Europe:

Every year, since 1996, Red Herring editors have selected the top 100 private companies whose products and services define the future of business innovation.

Each of the companies selected for the Red Herring 100 Europe has the potential to impact current markets - or create entirely new ones.

www.redherring.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