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Hoboken, New Jersey - July 9, 2003

telic certifies VegaStream gateways
interoperable for its hosted VoIP service

telic.net, a developer of hosted solutions for VoIP enhanced
services, announced that it successfully tested interoperability
of its real time billing and softswitching platform with VegaStream
VoIP gateways. Testing by telic and VegaStream assures service
providers and businesses that there are affordable, feature-rich
solutions for VoIP deployments.

telic's hosted VoIP platform is a comprehensive softswitching and
billing solution that lets carriers deploy VoIP services in hours,
with no up-front investment. It provides a single point of control
for routing, rating, billing and customer management through its
100% web-enabled interface. telic operates its platform on
telco-grade Solaris servers with mirrored Oracle databases, and
maintains redundant call processing facilities in New York and Los
Angeles.

VegaStream is a world leader in the development of digital
gateways for business applications, specializing in the design of
VoIP gateways for enterprise and service provider customers.
VegaStream's VoIP technology enables customers to benefit from
new, advanced, multimedia services, while protecting existing
investments in telephony equipment. VegaStream has a network
of fully trained Channel and Business partners in place worldwide
and also offers a comprehensive range of standard support
packages.

"We are delighted to add VegaStream to the list of equipment
manufacturers we support," observed Lorenzo Mejia, telic CEO.
"Our clients require affordable yet high quality VoIP solutions,
and VegaStream helps fill that need.

"telic's hosted softswitching and real-time billing solution makes it
easy for service providers to roll out VoIP deployments. The
features and affordability of their hosted platform is a great
complement to the value we deliver with our solutions", remarked
Tim Burne, CEO of VegaStream.

About telic.net

telic offers service providers the tools and infrastructure to
deploy carrier-grade IP-based enhanced services quickly and
with little or no upfront investment. Core products include:
Hosted Softswitching and Real-Time Billing. Value-added
applications include: Prepaid Calling Cards, Internet Call
Waiting, PC-to-Phone and SMS Callback. telic can also host any
3rd party application developed to vXML or JTAPI specifications.
All services are hosted on the Company's carrier-grade
architecture and supported 24/7.
telic.net is privately held with headquarters in Hoboken, NJ, and
a software development team based in Manila, Philippines. More
information is available at telic.net

Copyright ©2007 VegaStream Group Limited