Axiom Systems' PSA Selected as Best Catalyst Project-TMW Nice

Market Wire, May, 2007

The TeleManagement Forum today announced that the Product and Service Assembly (PSA) Catalyst Initiative has been selected as the best catalyst project at TeleManagement World Nice 2007.

Axiom Systems, leader in service fulfillment software for communication service providers, spearheads the PSA Catalyst, which is now in its second phase. Sponsored by some of telecommunications biggest names including British Telecom, Cable & Wireless, TeliaSonera and QinetiQ, the PSA initiative is a collaboration of vendors and service providers who are looking to solve today's largest operational problem - how to create an IT reference architecture which will streamline the NGN product/service lifecycle, bridge the service creation gap between OSS/BSS/service execution and reduce the cost of service/product production. Phase 2 of the PSA initiative demonstrates how broadband DSL, VoIP and IPTV with VOD capabilities can be dynamically created and rapidly delivered as a triple play bundled product.

The award has been was given to the PSA Catalyst as it successfully demonstrates how the project has furthered TM Forum initiatives in relation to the principles of its project. The judging criteria were based on the catalyst's collaborative efforts of team members and the benefits to Service Providers as a result of the project work. The same project has also been short listed as finalist for the BT Innovation awards.

"We are delighted to receive this prestigious award from the TeleManagement Forum as it is testament to both the time and hard work dedicated to the project by the member companies and the relevancy of the project to the industry", commented Brian Naughton, Team Leader of the PSA and VP Strategy and Architecture.

The PSA is being showcased on Stand C4 at TeleManagement World, from May 21-24, 2007, on the ground floor of the Acropolis Convention Center in Nice, France.

About Axiom Systems

Axiom Systems is the leader in Service Fulfillment software for communications service providers. The company's AXIOSS® Suite which incorporates modules for Order Management, Service Inventory, Service Activation and the Active Catalog for service design, assembly and creation, provides customers with solutions for new products such as IPTV, VoIP, IP VPNs and Multi-Play. More Telcos around the world use AXIOSS for next generation service fulfillment than any other vendor. Global customers include AOL, Deutsche Telekom, SingTel, TeliaSonera and Telecom New Zealand. Privately held, Axiom Systems is headquartered in the United Kingdom with offices worldwide.

About the PSA Initiative

Industry vendors involved with the PSA Initiative include: Atos Origin, Axiom Systems, BT, Cable & Wireless, Huawei, Microsoft, Oracle (Siebel), TeliaSonera, TIBCO, QinetiQ, Convergys.

Contacts: Axiom Systems Martine Parsons Marketing Director 44 (0) 118 9294133 Email: mparsons@axiomsystems.com