SOURCE: Ulticom, Inc.

December 05, 2006 08:30 ET

Fixed & Mobile Deploys Ulticom nSignia Signaling Gateway to Expand Its Network Reach

Services Designed to Tap Emerging Markets Among Foreign Workers

HONG KONG -- (MARKET WIRE) -- December 5, 2006 -- ITU TELECOM WORLD -- Ulticom®, Inc. (NASDAQ: ULCM), a leading provider of network signaling solutions, today announced that Fixed & Mobile, a global provider of integrated voice and data services, has deployed the nSignia™ Signaling Gateway to facilitate the delivery of mobile roaming traffic and SMS messages worldwide over SS7 and IP infrastructures.

Fixed & Mobile provides a variety of telecommunications services to mobile operators, Internet service providers and international telecom carriers specifically designed to help them target foreign worker subscribers, a market segment often overlooked by traditional service providers. Fixed & Mobile's services provide secure payment for airtime, authentication, full audit trails, and remittance and clearing through international banks, thereby reducing the risk to carriers. By leveraging the Fixed & Mobile global network, service providers gain immediate access to new subscribers without the need to build out new network infrastructure.

Fixed & Mobile is deploying nSignia Signaling Gateway as an essential element within their signaling network to bridge their global numbering and mobile payment services with their clients' telecommunications networks. nSignia is an innovative, highly reliable, and cost-effective signaling solution for transporting SS7 traffic over more flexible IP networks. By working closely with Ulticom, Fixed & Mobile has deployed nSignia as a signal transfer point (STP) and signaling gateway to increase its network capabilities and expand its network presence to interconnect with mobile operators around the world over IP. This strategy, and the fact that nSignia scales to meet capacity requirements, saves deployment time and cost, while still offering carrier-grade performance and availability.

"nSignia has been instrumental to Fixed & Mobile for launching our Next Generation Mobile Signaling Hub, which enables mobile operators to establish global roaming and messaging interconnections with unique features," said Eric Barbier, managing director at Fixed & Mobile. "Around the world, 175 million people are working and living abroad. Remittance by these workers to their home country alone is approximately $125 billion annually, which makes this a primary income source for most developing countries, ahead of foreign direct investment."

"Fixed & Mobile is addressing a growing market need to extend communication services to an underserved segment, which poses a compelling opportunity for service providers," said Osman Duman, senior vice president and CMO at Ulticom. "nSignia Signaling Gateway enables carriers to address opportunities quickly and with minimum investment in new network infrastructure."

For over a decade, network equipment and service providers have relied on Ulticom to deliver comprehensive, carrier-grade signaling solutions for the most demanding communication services. nSignia Signaling Gateway is built on Ulticom Signalware®, the market leading SS7 signaling solution as measured by Venture Data Corporation (VDC), an independent technology market research and strategy firm.

About Ulticom, Inc.

Ulticom provides service essential signaling solutions 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 www.ulticom.com.

About Fixed & Mobile

Fixed & Mobile provides integrated voice and data services to mobile operators, internet service providers and telecoms carriers specially designed for migrant workers. With headquarters in Singapore, Fixed & Mobile is active in Asia, Pacific, Europe, Middle East and Africa. For more information, please visit www.fixedandmobile.com.

Note: This Release contains "forward-looking statements" for purposes of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. These forward looking statements include those related to compliance with the NASDAQ Listing Qualifications Panel requirements, the completion of the restatement of the Company's financial statements, the filing of delinquent reports on Form 10-K and Form 10-Q, and the continued listing of the Company's securities on The NASDAQ Stock Market. There can be no assurances that forward-looking statements will be achieved, and actual events or results could differ materially from the results predicted or from any other forward-looking statements made by, or on behalf of, the Company, and should not be considered as an indication of future events or results. Important factors that could cause actual results to differ materially include: the results of the Audit Committee's review of matters relating to the Company's stock option grant practices and other accounting matters; the results of Comverse's review of its stock option awards as applicable to employees of the Company; the impact of any restatement of the financial statements of the Company or other actions that may be taken or required as a result of such reviews; the Company's inability to file required reports with the Securities and Exchange Commission; the risks of dealing with potential claims and proceedings that may be commenced concerning such matters; risks associated with the delisting of the Company's shares from The NASDAQ Stock Market; inability to meet requirements of The NASDAQ Stock Market for continued listing of the Company's shares; risks of litigation and of governmental investigations or proceedings arising out of or related to the Company's stock option grants or any restatement of the financial statements of the Company; risks associated with the development and acceptance of new products and product features; risks associated with the Company's dependence on a limited number of customers for a significant percentage of the Company's revenues; changes in the demand for the Company's products; changes in capital spending among the Company's current and prospective customers; aggressive competition may force the Company to reduce prices; risks associated with rapid technological changes in the telecommunications industry; risks associated with making significant investments in the expansion of the business and with increased expenditures; risks associated with holding a large proportion of the Company's assets in cash equivalents and short-term investments; risks associated with the Company's products being dependent upon their ability to operate on new hardware and operating systems of other companies; risks associated with dependence on sales of the Company's Signalware products; risks associated with future networks not utilizing signaling systems and protocols that the Company's products are designed to support; risks associated with the products having long sales cycles and the limited ability to forecast the timing and amount of product sales; risks associated with the integration of the Company's products with those of equipment manufacturers and application developers and the Company's ability to establish and maintain channel and marketing relationships with leading equipment manufacturers and application developers; risks associated with the Company's reliance on a limited number of independent manufacturers to manufacture boards for the Company's products and on a limited number of suppliers for board components; risks associated with becoming subjected to, defending and resolving allegations or claims of infringement of intellectual property rights; risks associated with others infringing on the Company's intellectual property rights and the inappropriate use by others of the Company's proprietary technology; risks associated with the Company's ability to retain existing personnel and recruit and retain qualified personnel; risks associated with the increased difficulty in relying on equity incentive programs to attract and retain talented employees and with any associated increased employment costs; risks associated with rapidly changing technology and the ability of the Company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the Company operates; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Ulticom with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. All such documents are available through the SEC's website 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.

© 2006 Ulticom, Inc. All rights reserved. Ulticom, Signalware, nSignia and IMS-Ready are trademarks of Ulticom, Inc.

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