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VegaStream and Timico Ease Provisioning of VoIP - Successful interoperability between Vega IP Gateway and Timico enables seamless introduction of new IP services to SMEs

Bracknell, UK - 14th May 2007 - VegaStream, the industry leading developer of reliable, cost effective and easy to use telephony media gateways, has announced today that it has successful completed compatibility testing between its Vega IP Gateways and Timico, an independent provider of converged communication services to the business market. The agreement supports channel partners wishing to connect customers’ existing telephony platforms to Timico’s VoIP for Business service using VegaStream’s Vega IP Gateway with a guaranteed seamless integration and a rapid uptake of the service.

"Companies of all sizes realise the benefits of VoIP but in many instances are not prepared to write off their investment in legacy equipment and the disruption that is involved - instead they are deploying gateways which offer a compelling alternative," said Steve Davis, VP Sales and Marketing, EMEA, VegaStream. "Compatibility with Timico brings new IP services within the range of smaller enterprises and a rapid return on investment for channel partners."

Timico's VoIP for Business service is a hosted IP PBX Centrex solution that bridges the void between consumer internet-based voice applications and Enterprise VoIP. Consistent quality of service and business strength robustness is ensured through the company's ownership of its own core network and its partnership with Nortel, which enables it to offer SIP-based, multimedia communications server (MCS) services that provide and an enhanced feature set.

"Timico’s VoIP for Business service was developed to provide a robust, business strength VoIP solution that used to be the preserve of large organisations available to the SME sector," said Trefor Davies, Technology Director, Timico.

"Interoperability with VegaStream allows Timico to extend that service and provides channel partners with an additional revenue stream that is high value to the customer, allowing them the benefits of VoIP without the risk."

About VegaStream
Established in 1998 VegaStream (www.vegastream.com) operates globally with sales and support centres in Europe, America and Asia-Pacific. VegaStream’s mission is to enable seamless interoperability between the wide and varied range of proprietary telephone systems and the new IP networks. The award winning Vega gateways are based on international communications standards including SIP and H.323 to deliver an open and non-proprietary VOIP solution that can integrate to existing communication investments.

About Timico
Timico is an independent provider of fixed, mobile, internet and converged communication services to the business market. Founded in 2004 by a highly experienced management team, Timico brings an unrivalled understanding of its customers' needs, delivered through its independence, its high levels of customer service and a desire to help its customers to operate more effectively. The company's portfolio of services includes fixed line, mobile and internet voice and data services.

For more information visit: www.timico.co.uk

For Further Information Contact:
David Rowlands/ Jen Manning
Cohesive Communications
T: 01291 626200
M: 07970 21353
E: davidr@cohesive.uk.com

Copyright ©2007 VegaStream Group Limited