Omegon Joins MSP Association, Defining Standards for Management Service Provider Sector

Business Wire, March 7, 2001

Business/High Tech Editors

SOMERSET, NJ--(BUSINESS WIRE)--March 7, 2001

Omegon Networks Ltd., a global provider of Service Quality Assurance software solutions, today announced that it has joined the MSP Association, an international consortium of companies that was formed to define, shape and promote the emerging Management Service Provider sector.

The Massachusetts-based MSP Association, launched last June at PC Expo in New York, will define and promote the management service provider industry by providing a forum for discussion of industry issues, creating market education programs, sponsoring industry research and defining standards and best practices.

One critical aspect of the MSP business model is measurement and verification of network services. By outsourcing network management to an MSP, enterprises are transferring their network management headaches and expecting the MSP to efficiently diagnose and test problems in the network. The key to an MSP's market success is to efficiently handle multiple network operating centers (NOCs) by remotely supporting and rapidly troubleshooting problems from a remote location, without requiring the installation of any software components such as agents on every users' machines. Network measurement and verification plays a critical role in ensuring these network operating centers remain up and running.

"While MSPs are growing in popularity, a slew of new issues are emerging related to standards, openness and best practices in complex network troubleshooting and verification," said Amir Biran, CEO, Omegon. "We are pleased to join the MSP Association and expect to be an active partner in helping resolve these issues."

MSP companies deliver information technology (IT) infrastructure management services over a network to multiple customers on a subscription basis. MSPs operate similarly to Application Service Providers (ASPs) in that they deliver services via a network that are billed to their clients. Unlike ASPs, which deliver business applications to end users, MSPs deliver system management services, such as resource monitoring and reporting, to IT departments and other customers who manage their own technology assets.

About the MSP Association

Founded in June 2000, the MSP Association is a consortium of companies that together will define and promote the emerging Management Service Provider sector. Founding members are 2ndWave, Inc.; Candle Corporation; Entuity, Inc.; HP Openview (NYSE: HWP); InteQ Corporation; iSharp; Luminate; Manage.Com; McAfee.com (NASDAQ: MCAF); NCMX, Inc.; Nuclio Corporation; SilverBack Technologies, Inc.; SiteLite, Inc.; siteROCK Corporation; Storability, Inc.; TriActive, Inc.; and UP 7/24.

Information on the MSP Association is available on the web at www.mspassociation.org; from Association headquarters at 401 Edgewater Place, Suite 500, Wakefield, MA 01880; Tel: 781-876-8830; or by sending email to info@mspassociation.org.

About Omegon (www.omegon.com)

Omegon, a global provider of service quality assurance software solutions, uses a patent-pending breakthrough measurement and verification approach to ensure unprecedented levels of network, server and application availability and reliability. Omegon's flagship product, the NetAlly(R) service quality assurance framework, is the first fully-active network testing and diagnostic solution for service providers, e-businesses and enterprises.

Designed for network operations professionals, NetAlly uses an active approach based on systematic, repeatable and programmable self-testing procedures that can both detect potential network problems before they affect network users and locate network faults in Internet time. NetAlly tightly correlates its active traffic generating and analysis capabilities with standard network management monitoring agents and configuration functions to facilitate diagnostic procedures.

Omegon is privately held with worldwide headquarters based in Yokneam, Israel. The United States headquarters, Omegon, Inc., is located in New Jersey.

(C) Copyright 2001 Omegon Networks Ltd. NetAlly is a registered trademark of Omegon Networks Ltd. All other trademarks are the property of their respective owners.