Telecom New Zealand International Selects Veraz's VoIP Solution for US and UK Deployments; Veraz Wins Contract and Preferred Vendor Status

Initially, TNZI will deploy Veraz's ControlSwitch(TM) softswitch,service delivery platform and I-Gate 4000 family of media gateways inkey US and UK cities. This initial deployment will be a phased rolloutthat will be completed in early 2006 and will include installations inLos Angeles, New York, Miami and London.

Before selecting Veraz, TNZI engaged in a thorough assessment ofsix vendor proposals, the products themselves, and each company'sability to deliver upon TNZI's business requirements. Following thisdetailed and competitive vendor selection process spanning severalmonths, TNZI selected Veraz as its chosen vendor.

"The strength of Veraz's offering is its open and flexiblearchitecture, and in particular the flexibility of their system'svoice traffic routing that can adapt to TNZI's business agreements nowand in the future," said Anthony Briscoe, General Manager of TelecomNew Zealand International. "Veraz's open architecture paves the wayfor TNZI to build new business models using best of breed applicationservers where appropriate, and fits with TNZI's strategy of buildingits business on voice application wholesale rather than transactionalminutes based revenue."

"TNZI wanted a new switching and operational model in order toscale its business and meet future demands," said Doug Sabella, CEO ofVeraz Networks. "This is a great win for Veraz in a major market anddemonstrates the strength and flexibility of our solutions as well asour ability to deliver what is required in the market of today andtomorrow."

About Veraz Networks, Inc.

Veraz (www.veraznetworks.com) is a leading global provider ofvoice over IP (VoIP) softswitches, media gateways and digitalcompression products to wireline, broadband and wireless serviceproviders. Veraz compression and switching solutions optimize voicequality and network efficiency. When combined with Veraz programmableservice platforms the result is a service infrastructure responsive tochanging demands of end users, regulators and competitors. Verazsolutions enable service providers to profitably migrate fromtraditional voice networks to all-IP fixed-mobile and multi-medianetworks consistent with the emerging IMS standards. Veraz is atrusted supplier to 700 service providers in 140 countries includingVoIP deployments in over 50 countries.

About Telecom New Zealand International

TNZL is a major supplier of telecommunications services in NewZealand and Australia. TNZL provides a full range oftelecommunications products and services in New Zealand includinglocal, national, international and value-added telephone services,cellular and other mobile services, data and Internet services,equipment sales and installation services, leased services anddirectories. TNZL's Australian subsidiary, AAPT, offers a wide varietyof fixed-line, data, internet and mobile services to consumer,business and wholesale customers in Australia.

Telecom New Zealand International (TNZI) is TNZL's internationaldivision and manages TNZL's international assets outside of NZ andAustralia including the international calling for AAPT and TNZL, aGlobal IP transit network, Managed Data for corporate clients and thewholesale voice calling business.

TNZI are renowned innovators in the international wholesaleminutes trading business. TNZI operate Global "Points of Presence" inEurope, USA, Asia, Australia and New Zealand. TNZI has internationaloffices based the USA, UK and Japan.