Openet to Host Webinar on Moving Beyond Flat Rate Billing

WHO:   Mike Manzo, Chief Marketing Officer, Openet and Paul Hughes,
       Enabling Technologies Service Provider Group, Yankee Group
       Research Inc.

WHAT:  Moving Beyond Flat Rate Data Plans, Are You Ready?

WHEN:  Thursday, June 26, 2008 at 3:00 p.m. BST/10:00 a.m. ET/7:00 a.m. PT

WHERE: Register online at
        http://www.openet.com/insight_on_innovation/webinar.html 

Openet , a provider of Transactional Intelligence solutions for the world's largest and most innovative service providers, will host a webinar featuring insights on service providers' innovations, specifically moving beyond flat-rate billing plans.

On Thursday, June 26, 2008, Openet's CMO Mike Manzo will be joined by Paul Hughes of the enabling technologies service provider group at Yankee Group to discuss the findings of a recent survey of 150 operators conducted by Yankee Group in May 2008. The survey found that 55% of respondents didn't believe a flat-rate data plan was a sustainable business model.

This webinar will discuss how operators can secure revenue sources in a future where they will no longer exclusively control the supply of applications and services. To register, please visit: http://www.openet.com/insight_on_innovation/webinar.html .

About Openet

Openet is a leading worldwide provider of event processing and transaction management solutions. The Transactional Intelligence of the company's solutions extracts increased value from diverse service provider networks, enabling rapid introduction of new services and reliable, cost-effective management of existing services. Openet is focused on delivering best-in-class network edge solutions and specialized engagement processes that create business value from network activity. A global company, Openet's implementations include long-running engagements with the world's leading service providers such as BT, Orange, at&t and Verizon Wireless. For more information, visit www.openet.com .

Contacts: Andrea Kavanagh Openet +353 1 629 6456 Email Contact Megan Lane SHIFT Communications (617) 779-1854 Email Contact