Interwise Receives Internet Telephony Magazine's 2005 ''Product of the Year'' Award; Convergence of Voice and Web Conferencing Cuts Costs in Half, Enhances Business Productivity and Accelerates ROI from VoIP Investments

Business Wire, Jan 6, 2006

CAMBRIDGE, Mass. -- Interwise(R) Inc., announced today that Technology Marketing Corporation (TMC(R))'s Internet Telephony(R) magazine has named Interwise ECP Connect(R) as a recipient of its 2005 Product of the Year Award. Internet Telephony has been the VoIP Authority Since 1998(TM).

Interwise's award-winning ECP Connect integrates the worlds of voice and Web conferencing to deliver complete, unlimited voice, Web and video conferencing and collaboration for a fixed price. This enterprise-class solution cuts the costs of voice and web conferencing by 50% or more, improves business agility and productivity, enables conferencing security and extends the ROI of VoIP infrastructures. ECP Connect is a leading choice of Global 2000 companies, with more worldwide deployments of 5,000-plus seats than any other Enterprise Conferencing solution.

"ECP Connect is being widely recognized as a best-of-breed solution in the emerging market for enterprise conferencing," said Frank Zvi, Interwise CEO. "Enterprise conferencing brings together voice and web conferencing in a single, integrated communication utility that can be given to every employee in a company without breaking the bank--unlike legacy point conferencing solutions. ECP Connect is allowing our customers to move away from expensive, per-minute conferencing services so that more business groups across a company can use a single solution for unlimited voice conferences, web meetings, elearning sessions, web seminars and web casts. By deploying conferencing to everyone in their organization, they improve both internal collaboration and customer-oriented processes."

"Each year INTERNET TELEPHONY magazine bestows its Product of the Year awards on companies that have demonstrated excellence in technological advancement and application refinements. Interwise has demonstrated to the editors of INTERNET TELEPHONY that its products and services are committed to quality and innovation while addressing the real needs of the marketplace," said Rich Tehrani, Group Publisher and Editor-in-Chief of INTERNET TELEPHONY.

The Product of the Year Award winners for 2005 will be highlighted in the January and February 2006 issues of Internet Telephony magazine.

About Interwise

Interwise is the leader in complete Enterprise Conferencing -- unlimited voice, Web, and video conferencing in one integrated platform for a fixed price. Interwise's fixed price / unlimited usage business model and enterprise-class technology combine to make it easy for companies to replace multiple conferencing and collaboration products with a single, integrated solution that can reduce overall conferencing expenses by up to 50 per cent. Leading IT industry publications and analyst firms have recognized Interwise for changing the way conferencing is done by replacing unpredictable per-minute and overage charges with a complete solution that can be deployed as broadly and economically as e-mail. Interwise is a privately held company, backed by investors that include Lazard Technology Partners, UBS Capital, GE Capital, JP Morgan, Leeds Weld, and NTT. The company sells to and supports customers globally through a direct sales force, distributors, value-added resellers, communications service providers and network-oriented systems integrators.

About TMC(TM)

Technology Marketing Corporation (TMC) publishes two print magazines: Customer Interaction Solutions, and Internet Telephony; five digital publications, SIP Magazine, Speech-World, WiFi Telephony Magazine, VoIP Developer, WiMAX Magazine; and the online publications TMCnet.com, Planet PDA Magazine, WiFi Revolution, Alternative Power and BiometriTech. TMC is also the first publisher to test new products in its own on-site laboratories, TMC Labs. TMC produces INTERNET TELEPHONY Conference & EXPO, The VoIP Developer Conference, Speech-World Conference, IP Contact Center Summit and The Global Call Center Outsourcing Summit. TMCnet.com publishes more than 25 topical online newsletters. For more information about TMC, visit its Web site at www.tmcnet.com.

Trademarks

Interwise Enterprise Communications Platform, Interwise Expressway and the Interwise logo are trademarks and Interwise is a registered trademark of Interwise. All other trademarks are the property of their respective holders.