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Telarix Named to Deloitte & Touche's Technology Fast 50 for Fifth Consecutive Year

VIENNA, Va.-(Business Wire)-September 30, 2008 - Telarix, Inc., the leading provider of business information exchange and interconnect OSS/BSS solutions for content providers, IP service providers and global fixed and mobile operators, today announced that they have been named to Deloitte’s prestigious Technology Fast 50 Program for Virginia, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage of revenue growth over five years from 2003–2007.

Telarix’s Fast 50 award is continued recognition of the company’s success over the past year. The company now has personnel in 12 countries around the world with subsidiaries in Brazil, India and Singapore. Telarix also expanded its worldwide customer base with new customers in Africa, Asia, Europe, Latin America, and the Middle East—eight of the world’s ten largest telecom providers now depend on iXTools to optimize their interconnect business.

In addition to growing its customer base and revenues, Telarix also saw success with its innovative business information exchange service, iXLink®. As an open, business information exchange for the telecom community, iXLink reduces the costs and complexities associated with interconnection including the purchase and sales processes; international dial code management; billing; invoice validation; and settlement. More than 200 carriers worldwide are now using iXLink to automatically exchange business information with their trading partners.

Telarix also introduced a number of solutions specifically designed to address the newest challenges facing international carriers including mobile number portability, dial code management, SMS rating, VoIP and quality of service management. These innovative Next Generation Network (NGN) solutions offer service providers an industry leading approach to address the challenges and opportunities created by the tremendous growth in mobile traffic and the migration to IP centric networks.

“We are delighted to receive this recognition for the fifth consecutive year,” said Don Lynch, CEO of Telarix. “By delivering innovative solutions, Telarix has become the market leader in next-generation interconnect business optimization and settlement solutions and through iXLink, has fundamentally transformed the way the telecom community conducts business.”

“Deloitte's Virginia Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Mr. Gary H. Tabach, Managing Partner for Deloitte's Greater Washington Practice. "We applaud the successes of Telarix and acknowledge it as one of the very few to accomplish such an impressive growth rate over the past five years.”

About Telarix

Telarix, Inc., delivers the leading business information exchange and interconnect OSS/BSS solutions for content providers, IP service providers and global fixed and mobile operators. Telarix's innovative platform, iXTools, provides the real-time business intelligence required to manage costs and drive profitability on interconnect networks. By analyzing both revenue and cost information associated with telecom traffic in near real-time, service providers can optimize all aspects of their interconnect business including partner agreement management, trading, traffic routing, network provisioning, billing, invoice reconciliation and dispute management. Telarix customers include global Tier-1 carriers such as BellSouth, Calltrade, Callax, Deutsche Telekom, Embratel, Golden Telecom, GPTC, KDDI, OTEGlobe, PCCW Global, Portugal Telecom, Sprint, Telecom Italia Sparkle, TelBru, Telefónica, TELUS, Verizon and more. The company was founded in 1996 and is headquartered in Vienna, Va. Please visit www.telarix.com for more.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte,” “Deloitte & Touche,” “Deloitte Touche Tohmatsu,” or other related names. Services are provided by the member firms or their subsidiaries or affiliates and note by Deloitte Touche Verein.

Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries) and not by Deloitte & Touche USA LLP.

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