Sanjay Mewada Named to TM Forum Advisory Board; NetCracker's VP of Strategy Joins Industry Leaders on TeleManagement Forum's Advisory Board of Directors

Business Wire, May 8, 2006

WALTHAM, Mass. -- NetCracker Technology, a leading provider of OSS software solutions for global telecom service providers, today announced that Sanjay Mewada, vice president of strategy, has been appointed to the Advisory Board of Directors of the TeleManagement Forum. The TM Forum is a global consortium of communications professionals dedicated to improving the management and operation of information and communications networks and services.

Mewada, who oversees the strategic direction of NetCracker, brings a wealth of knowledge and industry experience to the TM Forum Advisory Board. Prior to joining NetCracker, he served as vice president of the Telecom Software Strategies Decision Service at the Yankee Group, where he helped clients make decisions regarding the use of business and operations support systems (OSS) software and services.

"Sanjay is a well-known and respected figure in the telecom OSS industry, and we are certain that he will be a valuable addition to our Board," said Keith Willetts, Chairman of the Board of the TM Forum. "His expertise and experience will bring further value to our members."

At NetCracker, Mewada has spearheaded the company's "Service Layer Transformation (TM)" campaign, bringing his expertise and message to NetCracker customers around the globe. His career has also included working at MCI, Intelsat, and the World Bank in product management and technology evaluation functions. Mewada is a graduate of Bombay University, where he earned an M.B.A. and a B.S. degree in Physics, and of the Fletcher School at Tufts University, where he earned an M.B.A. in International Business.

"I'm honored to be joining the distinguished group of individuals that serve as advisors to the TeleManagement Forum Board," said Mewada. "The TM Forum plays an instrumental role in shaping the standards and operational practices within the telecom industry, and I look forward to becoming more actively involved in their work."

About NetCracker Technology

NetCracker Technology is the leading global Solution Company enabling Service Providers to rapidly deliver and effectively manage convergent and content-rich offerings. NetCracker delivers service and resource management through its software and implementation expertise. NetCracker's pre-integrated product modules include Service Inventory, Resource Inventory, Service Provisioning & Activation, Discovery & Reconciliation, Design and Planning, Customer Impact Analysis, Outside Plant, Order Management, Asset Management and Telecom Cost Management. Founded in 1993, NetCracker Technology is headquartered in Waltham, MA, and can be reached at 1-781-419-3300 or www.netcracker.com.

About the TeleManagement Forum

For more than 16 years, the TeleManagement Forum (TM Forum) has provided leadership, strategic guidance and practical solutions to improve the management and operation of information and communications services. Through its "Lean Operator" initiative and flagship New Generation Operations Systems and Software (NGOSS) program for developing, procuring and deploying operational and business support systems, the TM Forum creates collaboratively developed, industry standard solutions. These solutions, delivered through a set of guidelines and specifications, define the direction and specific roadmap to achieve business efficiency and operational flexibility - the hallmarks of the Lean Operator.

The TM Forum has 500 members in 60 countries, including incumbent and new-entrant service providers, equipment suppliers, software solution suppliers and systems integrators. For further information regarding the TM Forum, related programs and TeleManagement World, please visit www.tmforum.org.

NetCracker is a registered trademark of NetCracker Technology Corp. All other company or product names mentioned in this press release may be trademarks or registered trademarks of the respective companies of which they are associated.