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Veraz Receives INTERNET TELEPHONY(R) Magazine's 10th Annual Product of the Year Award

Posted on: Tuesday, 15 January 2008, 09:00 CST

Veraz Networks, Inc. (NASDAQ:VRAZ) announced today that Technology Marketing Corporation's (TMC®) INTERNET TELEPHONY magazine (www.itmag.com) has named the ControlSwitch User Services Core™ (USC) as the recipient of its 2007 Product of the Year Award. INTERNET TELEPHONY has been the VoIP Authority Since 1998™.

The Veraz ControlSwitch USC is an IMS core that enables service providers to speed their time to revenue by enabling the rapid creation and delivery of new services. Service providers are able to migrate quickly and efficiently from traditional voice networks to an IMS network and services architecture without disruption to existing service delivery. This speeds the adoption of innovative multimedia applications that can combine voice, messaging, web content and presence. The Control Switch USC is highly scalable with relatively small footprint, which makes it attractive for both initial deployments and expansions. It is built around a modular, programmable, distributed architecture with open interfaces to media devices, application servers and back-office systems.

"We are very pleased to receive the Product of the Year award by INTERNET TELEPHONY magazine, recognizing our product strength in the NGN switching market," said Amit Chawla, EVP of Global Business Units for Veraz. "The Veraz ControlSwitch USC is delivering on the value and principles of the IMS architecture, and we will continue to develop innovative products to enhance our customers' business."

"Veraz has proven they are committed to quality and excellence while addressing real needs in the marketplace. INTERNET TELEPHONY is pleased to grant a 2007 Product of the Year Award to their ControlSwitch," said Rich Tehrani, TMC President and Editor-in-Chief of INTERNET TELEPHONY magazine. "We're proud to honor their hard work and accomplishments and look forward to more innovative solutions from Veraz in the future."

A full list of Product of the Year winners will be published in the February 2008 issue of INTERNET TELEPHONY magazine. (www.itmag.com)

For more information about TMC, please visit www.tmcnet.com.

About Veraz Networks, Inc. (NASDAQ:VRAZ)

Veraz (www.veraznetworks.com) is a leading global provider of IP softswitches, media gateways and digital compression products that enable voice, video and other multimedia services. Wireline, broadband and wireless service providers in over 50 countries have deployed Veraz's IP product suite to transport, convert and manage voice and multimedia traffic over both legacy and IP networks. Veraz products allow service providers to quickly and efficiently migrate from traditional voice networks to all-IP, fixed-mobile and multimedia networks consistent with emerging IMS standards.

This press release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. These forward-looking statements involve risks and uncertainties, as well as assumptions that if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to, future sales of Veraz products for ControlSwitch USC and related solutions and the value created for our customers from such purchases and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Veraz' business is set forth in our Registration Statement on Form S-1 filed with the SEC, including the "Risk Factors" section in our final Prospectus filed April 5, 2007 and Veraz' Quarterly Report on Form 10-Q for the quarter ended September 30, 2007 as filed with the Securities and Exchange Commission. These filings are available on a website maintained by the Securities and Exchange Commission at http://www.sec.gov. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.

About INTERNET TELEPHONY magazine

INTERNET TELEPHONY has been the VoIP Authority since 1998™. Since the first issue in February of 1998, INTERNET TELEPHONY magazine has been providing unbiased views of the complicated converged communications space. INTERNET TELEPHONY offers rich content from solutions-focused editorial content to reviews on products and services from TMC Labs. INTERNET TELEPHONY magazine has a circulation of 225,000 including pass-along readers. For more information, please visit www.itmag.com.

About TMC

Technology Marketing Corporation (TMC) publishes Customer Interaction Solutions, INTERNET TELEPHONY, Unified Communications, and IMS Magazine. TMCnet, TMC's Web site, is the leading source of news and articles for the communications and technology industries. Ranked in the top 6,000 most visited Web sites in the world by alexa.com(1), TMCnet serves as many as three million unique visitors each month. TMC is also the first publisher to test new products in its own on-site laboratories, TMC Labs. In addition, TMC produces INTERNET TELEPHONY Conference & EXPO, and Call Center 2.0 Conference. For more information about TMC, visit www.tmcnet.com. ((1) alexa.com is an amazon.com company that ranks Web sites by their traffic levels. Neither alexa.com nor amazon.com is affiliated with TMCnet.) For more information about TMC, visit www.tmcnet.com.

Source: Business Wire

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