Vero Systems Powers Over $100 Billion of Telecommunications Industry Revenue

Howell, NJ- October 10, 2005 - Vero Systems, Inc. (www.verosystems.com), an industry leader in Margin Assurance solutions for the telecommunications industry, today announced new data from the Federal Communications Commission (FCC) that customers using Vero Systems software earned more than $100 billion of revenue in 2004. Operating on more than 2,500 carrier switches globally, Vero software is used by U.S. wireline carriers earning more than 50 percent of all wireline telecom revenues.

Also according to the Federal Communications Commission, in 2003 Vero Systems software was managing carrier networks that directly drive service provider profitability of more than $75 billion in annual voice revenue at most of the leading U.S. Tier One and Tier Two carriers

Vero Systems solutions and software provides granular visibility to directly monitor, configure, analyze and manage the voice profit margin for traffic representing more than 25 percent of the annual revenue of the leading U.S. networks.  By integrating this margin analytics capability with the ability to automatically update network switch elements, Vero Systems provides the bulk of US carriers with unparalleled visibility and the power to impact margin results.

"Vero is a behind the scenes player providing a significant financial impact on customer's day-to-day business," said Brian Cafferty, Vero Systems CEO. "We are inside the networks, analyzing and reconfiguring the most basic of traffic routing and contract management functions, but it's transparent to retail customers, wholesale partners or even most people inside the carriers themselves. The substantial results are seen by the network executives, financial and executive management," Cafferty adds.

"Vero Systems is a significant partner for large North American VoIP networks, and will be a force to be reckoned with in wireless, global and other networks in the near future," said Cafferty. "Vero Systems solutions support four U.S. Tier One VoIP networks, each carrying between 25 and 50 percent of their total voice traffic on IP switches."

About Vero Systems, Inc.
Howell, N.J.-based Vero Systems is a global provider of voice margin assurance products and services for wireline, wireless, cable and VoIP carriers. Vero is the dominant provider of margin assurance solutions in the North American market, with more than 40 customers worldwide including recent wins with two predominant Tier 1 carriers. Vero is growing internationally as well, opening offices in Dublin, Ireland in 2005.

Vero's flagship Acuité solution provides near-real time detailed visibility into actual network costs combined with automated switch updates, allowing voice service providers to intelligently and actively control their switched variable network costs.  The company has heavy penetration into VoIP accounts with Tier 1 customers who carry 25-50% of their traffic on IP switches.  For more information, please visit www.verosystems.com