SoloMio Appoints Former Alcatel CTO Niel Ransom to Advisory Board; Industry Leader Joins Prestigious Group of Advisors

Business Wire, Dec 5, 2005

AUSTIN, Texas -- SoloMio Corp. (www.solomio.com), a leader in integrated subscriber call management solutions for mobile, fixed and broadband, today announced that former Alcatel CTO Niel Ransom joined the company's advisory board.

"I'm excited to work with SoloMio," said Dr. Niel Ransom. "SoloMio has created an innovative software platform enabling network operators to deploy dynamic menu-driven user interfaces to revenue-enhancing network-based call management applications. This approach is unique in the industry and is a powerful tool for creating services that customers enjoy using while at the same time achieving customer loyalty and reduced churn."

Earlier this year, Dr. Niel Ransom retired as chief technology officer of Alcatel where he was responsible for corporate and product strategy, corporate research, R&D investment, M&A strategy, and intellectual property. During his tenure, he successfully oversaw the acquisition of TiMetra, Spatial Communications, eDial, PacketVideo, Thirdspace, iMagicTV, Right Vision, Telera, Aravox, WaterCove, and Native Networks. Prior to joining Alcatel, Dr. Ransom directed an organization responsible for expanding BellSouth's offerings into PCS wireless, IP services, video entertainment, and advanced intelligent networks. Dr. Ransom began his career at Bell Labs where he was a member of, and eventually managed, an applied research organization that gave birth to a number of highly successful products in data and voice switching including the 5ESS system.

"SoloMio is delighted that Niel Ransom, a telecommunications industry visionary, has joined our advisory board," said Richard Schwartz, CEO of SoloMio. "Niel's deep understanding of fixed and mobile communication technologies combined with his industry experience with all types of service providers is a good match with our market strategy and global relationships."

Dr. Ransom has served as a member of the FCC's Technological Advisors Council and is co-author of book, Broadband Access Technologies, published by McGraw-Hill. He also serves on the Board of Directors of Teknovus and of Overture Networks.

About SoloMio

Founded in 2000, SoloMio Corporation (www.solomio.com) is a privately held global software company and a leader of next-generation value-added services and technology. The Company has established itself as a leading provider of integrated subscriber call management solutions for mobile, fixed and broadband service providers (SPs). SoloMio's services enable telecommunications operators to deliver a range of convergence, total mobility and call completion services that grow their most valuable consumer and business segments. The Company has an international presence with more than 18 service launches and market trials in nine countries and on four continents. SoloMio's customer base includes Telefonica, KPN Group and other leading operators around the world. With a veteran team that has repeatedly delivered high-impact products and grown new companies, SoloMio corporate headquarters are in Austin, Texas, with offices in London, Paris, Madrid and Munich.