Verso to Provide MetroNet VoIP Overlay Solution to MyTel of Pakistan

Business Wire, March 29, 2007

Solution enables voice and value added services over a WiMAX network

ATLANTA -- Verso Technologies, Inc. (Nasdaq: VRSO), a global provider of next generation network solutions, along with regional partner Al-Futtaim Technologies (AFTECH) and local partner Northtech (Pvt) Ltd, announced today that it has been selected by MyTel of Pakistan to provide the Verso MetroNet VoIP Overlay solution, including the Verso Back Office Solution (VBO), an integrated back office application that supports network administration, provisioning and billing, all riding over a WiMAX network infrastructure.

Verso offers providers entering the wireless WiMAX arena voice communications and services including VoIP, prepaid, IP Centrex and voicemail and more. The MetroNet VoIP Overlay solution, which runs over both wireless and WiMAX networks, integrates and packages a standard set of VoIP features and capabilities which includes Verso Clarent[R] Class-5 and Class-4 switching technologies, as well as other core capabilities and services including an optional VBO component that supports in the management of the solution.

The VBO solution monitors and controls all traffic on the network, allowing efficient route management, account status monitoring, and billing tracking. Rates and routes to and from various interconnect carrier networks can be updated dynamically, and multiple rate plans are supported. The solution also provides PIN generation for prepaid cards and corporate accounts as well as providing a web interface that enables customers to check account balances. The solution will also allow MyTel to upgrade the system to run applications such as IP Centrex.

Al-Futtaim is one of the largest corporations in the Middle East and a key distributor of Verso products throughout the region. The company has a strong presence in Pakistan and counts several carriers and providers among its customers. AFTECH established the relationship with MyTel in association with Northtech (Pvt) Ltd, a reseller of Verso products in Pakistan. Northtech is a system integrator with strong presence in Pakistan a robust portfolio of clients and products.

"The MetroNet VoIP Overlay can be customized to match the size of a growing subscriber base. As network usage grows, the solution can easily be scaled to ensure full functionality at all times," said Yves Desmet, senior vice president of Worldwide Sales, Verso Technologies. "It is an ideal solution for a growing company such as MyTel in the emerging Pakistani market. WiMAX promises to be an economical solution to fill the network gap here and around the world. As the WiMAX market grows, Verso will be there with next generation network enabling technology to help meet the needs of this new marketplace."

"MyTel is working to provide the people of Pakistan with the latest in advanced and affordable integrated communications services. Both AFTECH and Verso have proven they have the expertise to provide fast and easily integrated solutions in this quickly evolving communications market. Plus, Verso offers us an application bundle that is value-added and revenue producing that will help us remain competitive," said Nawab Ali, Manager, Business Development, MyTel.

About Verso Technologies

Verso is a global provider of next generation network solutions offering a core-to-edge product portfolio primarily for telecommunications service providers. The company's products enable its customers to secure and optimize network bandwidth, generate additional revenue and reduce costs. Verso's applications and services are cost effective, deploy quickly and provide a superior return on investment. For more information, contact Verso at www.verso.com or call 678.589.3500.

About MyTel (PVT) Ltd.

MyTel is a licensed 3.5 GHz WLL operator in Pakistan for the Northern Telecom Region covering a total of 14 geographical zones of the province. The company has strong roots in the telecommunications service delivery sector and owns and operates Payphone services in the region.

About Al-Futtaim Technologies

Al Futtaim Technologies (AFTECH) is a member of the multi-business conglomerate Al Futtaim Group. Operating under the Electronics and Engineering Business Division, Al Futtaim Technologies seeks to provide a single-window solution for the Information Communication Technology needs of its clients.

About Northtech (Pvt) Ltd

Northtech (Pvt) Ltd, aims to provide one window solutions based on Next Generation Networks Voice over IP technologies, wireless technologies and related network components along with endpoint equipment in Pakistan. Some of the major clients include Mobilink, Telecard, WorldCall Telecom, Circlenet Communications and Pakistan Navy. www.northtech.net.pk