Ulticom and Softeleware Team to Deliver Mobile Security Solution for KTF

Ulticom, Inc. (NASDAQ: ULCM), the premier provider of network signaling software solutions, today announced that Softeleware has deployed Ulticom's Signalware software in an Authentication Center (AuC) application at KTF, a leading mobile operator in South Korea. The Softeleware AuC application will provide KTF with rapid pre-call authentication for seamless roaming subscribers, as well as a fraud mitigation solution that will protect its network against false use due to lost, stolen or cloned handsets.

As mobile services become more widespread, operators bear the increasing costs associated with cloning fraud while having to provide subscribers with a private communications experience. To achieve these objectives, operators must deploy security solutions for authenticating mobile subscribers and encrypting voice and data sessions. The AuC application from Softeleware provides operators with a cost-effective means to conduct real-time verification of the mobile subscriber's identity before allowing secure access to their networks.

Softeleware and Ulticom have a long history of partnering together on mobility applications. For the AuC application, Softeleware leveraged the high performance platform features within Signalware 9 including dual support for both CDMA and GSM networks. The result is an extremely reliable and adaptable solution that can be deployed in multiple configurations to meet the varying needs of mobile operators around the world.

"Softeleware's AuC application, built using Ulticom Signalware, monitors usage patterns to identify and flag potential problems, saving operators such as KTF losses caused by fraudulent charges," said Youngsung Lee, sales and marketing vice president at Softeleware. "Signalware provided us with the comprehensive solution we needed to rapidly develop this application for KTF."

"In markets such as Korea where mobile phone usage is so widespread, preventing fraud is an important business concern," said Osman Duman, vice president of marketing at Ulticom. "We are happy to be Softeleware's chosen partner for this important application in a competitive market such as Korea."

About Ulticom, Inc.

Ulticom provides service-enabling signaling software for wireless, wireline, and Internet communications. Ulticom's products are used by leading telecommunication equipment and service providers worldwide to deploy mobility, location, payment, switching, and messaging services. Traded on NASDAQ as ULCM, Ulticom is headquartered in Mount Laurel, NJ, with additional offices in the United States, Europe, and Asia. For more information, visit http://www.ulticom.com.

About Softeleware

Softeleware, Inc., established in 1998 under the motto of "The Global Leader in Wired- and Wireless-Communications-Solutions," is a top-notch mobile solution provider to KTF, LGT, and SKT in Korea. We make our best efforts to develop mobile solutions such as Home Location Register (HLR), Roaming Gateway, Wireless Access Gateway (WAG), Data Roaming Gateway, Data Billing Gateway, IWF, PDSN, SIP, Signaling Gateway, VMS, Background Music solution, Ring-Back-Tone solution, and CGIP solution so as to enhance your mobile life. We are going to continue our research & development to strengthen our core competence and step forward to become one of the top mobile solution providers in the world.

NOTE: This release may contain "forward-looking statements" under the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Ulticom's products; changes in capital spending among Ulticom's current and prospective customers; risks associated with Ulticom's dependence on sales of its Signalware products; risks associated with future networks not utilizing signaling systems and protocols which Ulticom's products are designed to support; risks associated with the development and acceptance of new products and product features; risks associated with Ulticom's dependence on a limited number of customers for a significant percentage of revenues; risks associated with the integration of Ulticom's products with those of equipment manufacturers and application developers and its ability to establish and maintain channel and marketing relationships with leading equipment manufacturers and application developers; risks associated with rapidly changing technology and the ability of Ulticom to introduce new products on a timely and cost-effective basis; risks associated with holding a large proportion of Ulticom's assets in cash equivalents and short-term investments and the reduction of prevailing interest rates; risks associated with Ulticom's ability to retain existing personnel and recruit and retain qualified personnel. These risks and uncertainties, as well as others, are discussed in greater detail in Ulticom's filings with the Securities and Exchange Commission, including the most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Ulticom's web site at www.ulticom.com. Ulticom makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made.