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Cyco.Net Subsidiary Pluto Communications Deploys High-Volume IP Rating Solution for Briiz Telecom

Posted on: Monday, 6 December 2004, 09:00 CST

Pluto's CHARON Billing System provides critical infrastructure to manage Briiz Telecom's innovative VoIP services

Pluto Communications International, AS, a leading supplier of billing software solutions for the communications industry, and a wholly-owned subsidiary of Cyco.Net, Inc. (OTCBB:CYKE), announced today that Briiz Telecom, a Norwegian VoIP provider, has deployed Pluto's CHARON Billing System solution to rate all IP traffic originating from its advanced network.

Briiz Telecom selected CHARON to manage the provisioning, rating, invoicing and customer care of its high volume, complex VoIP services. The installation of Pluto's platform was completed in two months, delivering on CHARON's promise of rapid implementation. Integrated with the Lindorff solution for invoice administration (www.lindorff.com), CHARON provides a flexible, sophisticated platform to manage high-volume network services.

Briiz Telecom distributes their VoIP hardware and adapters through Expert (OSLO:EXPERT.OL), one of Scandinavia's largest home electronic department chains, with over 750 stores. The retail chain uses a web interface that directly updates CHARON with new customers, allowing immediate activation of VoIP services. Via CHARON, operators can create new, targeted services virtually on the fly, enabling Briiz Telecom to support innovative real-time content handling and billing for both pre-paid and subscription customers.

"CHARON has been in use by Briiz Telecom for some time now and has provided us with critical, scalable infrastructure to introduce new services and manage our growth effectively," said Arne Aarnes, CEO of Briiz Telecom. "The combination of CHARON's superior architecture with its flexible rate plan definition has enabled Briiz Telecom to maximize service revenue while minimizing cost. By deploying CHARON, we have been able to define and rate any number of new services, service options, and service models."

"We are pleased to support Briiz Telecom's network operations and business processes with our CHARON platform," said Svein Erik Fauskanger, CEO Europe for Pluto Communications. "Pluto's innovative architecture makes our solution operationally efficient, demanding fewer resources in hardware, software, and operational support than other available solutions on the market today. This functional depth allows operators to minimize development costs, and delivers low total cost of ownership."

The CHARON production system solution's adherence to open standards and its host of open APIs make it highly configurable and flexible, shortening deployment time for both initial installation and addition of new service definitions. CHARON further allows operators to set definitive project schedules. CHARON's intuitive interface empowers service providers to define, create, and bill for innovative services based on as simple or as sophisticated a rate plan as desired.

About Expert ASA

Expert ASA is a Scandinavian consumer electronics trading company. The company is listed on the Oslo Stock Exchange. Expert has operations in Norway, Denmark, Sweden and Estonia, and is the second largest participant in the Scandinavian market. Expert ASA has strong international links through its membership of the world's largest sales organisations in consumer electronics Expert International and Expert Global. On a worldwide basis, Expert represents more than 7,400 stores and a turnover of more than NOK 150 billion (US $24 billion).

About Briiz Telecom

Briiz Telecom provides access-independent internet telephone service, VoIP, to residential customers. Based in Norway, and with a vision for expanding service throughout Europe, Briiz Telecom offers a "plug-and-play" solution and fast delivery, via a built-in router and VoIP functionality. Briiz Telecom's solutions can be purchased over the web or through retail distribution partners. With the automated activation system, users can place a call immediately. Briiz Telecom is a registered trademark of Ny Telefoni Holding AS.

About Cyco.Net

Cyco.Net efficiently manages and secures clients' virtual and physical worlds. Cyco.Net enhances clients' capabilities to provide information services and energy utilities more efficiently and more securely to a broader base of consumers. Cyco.Net offers all-in-one or issue-specific management solutions for network control, cyber security, operational support systems, and billing systems. Cyco.Net is headquartered in Albuquerque, New Mexico, near the Los Alamos, White Sands, and Sandia National Labs.

Cyco.Net's wholly-owned subsidiary Orion Security Services, Inc. (OSSI), based in McLean, Virginia, provides a new breed of scalable IP network control and management solution, ComSecure. With military and government uses as well as commercial applications, ComSecure combines deep packet inspection processing, firewall system functions, and network intrusion prevention. OSSI also offers the SatSecure Video Surveillance System, a versatile and compact briefcase-sized video surveillance solution activated by motion detection of user-specified events. SatSecure enables mobile, real-time, event-triggered, high-quality video capture and transmission in limited bandwidth environments, providing both manned and unmanned surveillance and reconnaissance for corporate and homeland security.

Cyco.Net's wholly-owned subsidiary Pluto Communications International AS, based in Lysaker, Norway, is a leading supplier of infrastructure software supporting the delivery of services over advanced networks ranging from fixed wireline and mobile telephony; cable, satellite, and digital TV; internet; and energy utilities. Pluto's CHARON solution, a next-generation platform, combines network management modules for integration, provisioning, invoicing, and maintenance of end-users, all via a convergent interface. Pluto's CHARON Billing System enables service providers to innovate, streamline, and position for growth, while maintaining a cohesive, efficient billing and customer service management system. Service providers can thus offer their subscribers faster and higher quality service. With easy installation, low infrastructure costs, and value-added service, Pluto has been nominated for the World Billing Award.

Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made based on management's belief as well as assumptions made by, and information currently available to, management pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from the results anticipated in these forward-looking statements as a result of a variety of factors, including those identified in Cyco.Net, Inc. Information Statement Filing and its Annual Report on form 10-KSB for the year ended December 31, 2003, and its Quarterly Report on Form 10-QSB for the three months ended June 30, 2004 and March 31, 2004, as filed with the Securities and Exchange Commission.

Source: Business Wire

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