VegaStream Partners with ThinkTel for VoIP Gateway Deployment; Canadian-Based ThinkTel Will Rollout VoIP Services Using VegaStream Gateways

Business Wire, Jan 24, 2006

LONDON & SAN DIEGO -- Dedicated VoIP gateway manufacturer VegaStream today announced that ThinkTel Communications, a leading Canadian-based provider of telephony-based applications to the residential, business and CLEC markets, will deploy the complete line of reliable, cost-effective and easy to deploy VegaStream VoIP gateways in order to offer seamless VoIP services to its business partners and customers.

"VegaStream is excited to partner with ThinkTel and to enable them to offer the latest in voice and data integration services to their clients," said Donald Krause, Director of Service Provider Sales, North America, for VegaStream. "As a leading national provider of wholesale business and residential broadband voice services, ThinkTel's customers rely on them to provide cost-effective, reliable services that are easy to adopt and offer competitive advantages. VegaStream is proud to be part of their networking solution."

"We chose to work with VegaStream because our customers demand reliable broadband voice solutions that leverage their investment in existing networks and phone systems. VegaStream's products integrate seamlessly with our national network and enable ThinkTel to delivery a full range of voice connectivity solutions, including broadband PRI and individual business lines," said David Damer, President and CEO for ThinkTel. "VegaStream's Vega family of products allow our customer to access all the benefits of VoIP without the worries or headaches that can come with less reliable, lower quality solutions."

ThinkTel will deploy the entire VegaStream product line, including the Vega 400 digital gateway and the Vega 50 family of analog gateways. ThinkTel is a national wholesale provider of broadband voice communications for business and residential subscribers, with service in 33 local markets in Canada and 88 markets in the USA. ThinkTel offers a full suite of voice services including dial tone, long distance, calling cards and conferencing, all managed by ThinkTel's proprietary billing and provisioning systems.

VegaStream's wide range of award winning VoIP gateways are cost-effective and reliable standards-based platforms that enable enterprises to have access to mission critical VoIP services, and let carriers easily deploy services to any customer without requiring changes to their existing infrastructure. From the Vega 400 digital gateway--a carrier-grade platform that connects digital telephony equipment to the public network--to the latest Vega 50 family of analog gateways--all of VegaStream's products help streamline the introduction of essential VoIP services.

About ThinkTel

Headquartered in Edmonton, Alberta, Canada, ThinkTel is a leader in the deployment of wholesale business and residential VoIP solutions to over 100 markets in Canada and the USA. ThinkTel operates one of the most advanced SS7 enabled VoIP networks in North America and provides service to Internet service providers, cable operators, and competitive carriers. ThinkTel has developed a proprietary billing and provisioning system that automates the ordering, provisioning and billing of voice solutions and allows seamless integration with provider networks. For additional information visit: www.thinktel.ca.

About VegaStream

Formed in 1998, VegaStream is one of the most experienced players in the industrial VoIP market. The company supplies cost-effective, reliable and easy to deploy gateway CPE to both traditional telecommunications carriers and the new generation of Internet telephony service providers. VegaStream also serves the enterprise market through a global network of distributors and resellers supported by regional offices in the UK, USA and Australia. VegaStream is a non-listed UK company. Investors include the management team, Pace Micro Technology PLC and MTI Partners. For more information visit: www.vegastream.com.