Verso Selected by Tier One North American Carrier for Global VoIP Rollout

Verso's Vclear Access Technology Enables Carriers the Ability to Deliver High Reliability Managed VoIP Services to their Enterprise Customers


ATLANTA, Feb. 20, 2008 (PRIME NEWSWIRE) -- Verso Technologies, Inc. (Nasdaq:VRSO), a global provider of next generation network solutions, announced today that it has been selected to provide a North American Tier One telecommuniciations carrier with a Vclear Edge VoIP solution which will provide the carrier with the ability to offer a true VoIP Managed Service Offering.

"Carriers have been slow in the deployment of VoIP services to their enterprise customers due to the inability to reliably deliver on Service Level Agreements (SLAs) similar to what they offer today," said Steven A. Odom, Chairman and Chief Executive Officer of Verso. "Our new Vclear Intelligent Demark technology is paving the way for larger carriers to finally begin deploying VoIP reliably to their enterprise customers. Their rollout will provide them with a significant head start and strong competitive advantage as they transition away from circuit switching services."

"We believe this may be the most significant initiative this customer has for the immediate future -- a true VoIP Managed Service Offering," said Jeff Donahue, Vice President - North American Sales for Verso. "It could have a place in every VoIP managed service offering that they deploy. The solution provides several benefits to the customer at both pre-deployment and post deployment stage with the end user. In pre-deployment, the carrier can assess network readiness in a non-intrusive manner, actively verify the networks capability, measure the networks performance and allow it to be tuned prior to deployment. In the post deployment stage, it provides real-time monitoring and reporting of jitter, delay, and packet-loss on a per call and site-to-site basis, detect and report current network problems, predict potential network problems in advance, and provide real-time performance troubleshooting so the carrier can allocate resources to the issue on a timely basis."

"One of the first actions we took as part of our turnaround at Verso was to get closer to our key customers," said Mark Dunaway, Verso President and Chief Operating Officer. "Being selected by this large North American carrier to provide a VoIP solution is a direct result of our working closer with them. Further, being selected by this customer in particular is further strong validation of our VoIP product and solution capabilities."

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.

Forward-Looking Statement

Certain statements contained in this release that are not statements of historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," "intend," "will," and similar expressions are examples of words that identify forward-looking statements. Forward-looking statements include, without limitation, statements regarding our future financial position, timing of future orders, business strategy and expected cost savings. These forward-looking statements are based on our current beliefs, as well as assumptions we have made based upon information currently available to us. These forward-looking statements may be affected by the risks and uncertainties in our business and are qualified in their entirety by the cautionary statements and risk factor disclosure contained in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended December 31, 2006 and our quarterly reports on Form 10-Q filed subsequent thereto. We do not assume, and expressly disclaim, any obligation to update these forward-looking statements.


            

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