Verso Wins WiMAX Deployment in Latin America

ONEMAX Selects Verso I-Master Solution for Converged Prepaid Services


ATLANTA, Aug. 2, 2007 (PRIME NEWSWIRE) -- Verso Technologies, (Nasdaq:VRSO), a leading provider of next generation network solutions, announced today that ONEMAX, an innovative broadband wireless provider, has selected Verso's I-Master Solution for post-paid and prepaid converged IP billing services over mobile WiMAX in the Dominican Republic.

ONEMAX is the first commercial operator to offer Internet, multimedia and VoIP services over mobile WiMAX in the Dominican Republic. It will use the I-Master Solution to authenticate and rate both voice and data services for their subscribers and to enhance distribution and market penetration. ONEMAX will be able to expand the market by providing new segments, notably prepaid, and easy access and payment system for the services.

"These capabilities translate into a simplified experience for end users and lower operational overhead. End users will be able to purchase recharge or 'Top Up' cards from a local convenience store, and easily transfer funds to their accounts via several interfaces, such as a customer web self care or Interactive Voice Response (IVR). This distribution model also means ONEMAX will not need to staff offices to facilitate receiving payments from users," said Steve Odom, chief executive officer, Verso Technologies.

The I-Master Solution enables service providers to create new, long-term revenue streams by deploying a wide spectrum of new products with prepaid, limited-credit, and other specialized billing models. The solution allows for combined Internet access, on-demand data and voice services as well as enhanced promotion and bonus based customer loyalty programs designed to attract new customers and increase billings from existing subscribers.

"Verso was unique in offering an IP billing solution with so many rating features, as well as the ability to offer converged voice, data and content all within a prepaid model," said Raoul Fontanez, CEO of ONEMAX. "This, coupled with the strong personalization features which drive customer loyalty and support retention, as well as the ability to offer an array of bundled service plans, made Verso and the I-Master the clear choice among the competitive products we evaluated. The I-Master is a perfect fit for WiMAX deployments. The features included in the I-Master product enhance a WiMAX service provider's ability to both win and retain customers in strong growth markets like ours."

About Verso Technologies

Verso is a global provider of next generation network solutions offering a core-to-edge product portfolio primarily for telecommunications service providers. The company's products enable its customers to secure and optimize network bandwidth, generate additional revenue and reduce costs. Verso's applications and services are cost effective, deploy quickly and provide a superior return on investment. For more information, contact Verso at www.verso.com or call 678.589.3500.

About ONEMAX

ONEMAX is a pioneering service provider offering a wide range of wireless voices and data services including VoIP, broadband wireless data connectivity and multimedia services to businesses and consumers. ONEMAX is one of the first in the Americas to deploy a commercial WiMAX network.



            

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