Vega 400 Dedicated VoIP Gateways Singled Out for Outstanding Innovation as the Market Embraces IP Telephony

London, UK, 22nd June 2005: VegaStream, Ltd., announced today that Technology Marketing Corporation's TMC Labs division named the Vega 400 as a 2005 Innovation Award winner from INTERNET TELEPHONY magazine. Recognized for its unique ability to help companies and carriers successfully leverage IP-based voice and communications services within their existing and next-generation networks.

"The market is clearly moving toward an all IP infrastructure for voice and other communications services but each company will do so at their own time and pace," said Tim Burne, president and CEO of VegaStream. "VegaStream is committed to delivering best-in-class technology that enables a success-based migration strategy, enabling companies to fully leverage their existing infrastructure as complete their network transition."

"The Vega 400 has clearly demonstrated to the staff of TMC Labs that VegaStream's product is truly innovative in the burgeoning VoIP/IP telephony industry. Never before in this industry has there been a greater need to highlight the most inventive VoIP products and services," said Rich Tehrani, Group Publisher and Editor-in-Chief of INTERNET TELEPHONY.

"The TMC Labs Innovation Awards are based solely upon the uniqueness of the company's offering or how pioneering the particular product or service is. It is not based on company revenue or number of products sold. It is based on the concept that the Vega 400 is innovative." according to Tom Keating, CTO and TMC Labs Editorial Director.

Keating continued, "The Vega 400 VoIP gateway deserves this great honor for creating a ground-breaking VoIP product or service. I look forward to seeing other innovative solutions from VegaStream as they continue to contribute to the future of the VoIP/IP telephony marketplace."

The TMC Labs 2005 Innovation Award highlights will be published in the July and August 2005 issues of INTERNET TELEPHONY magazine.

To find out more about the Vega 400 click here

About TMC®
Technology Marketing Corporation (TMC) publishes two print magazines: Customer Interaction Solutions, and Internet Telephony; five digital publications, SIP Magazine, Speech-World, WiFI Telephony Magazine, VoIP Developer, WiMAX Magazine; and the online publications TMCnet.com, Planet PDA Magazine, WiFi Revolution, Alternative Power and BiometriTech. TMC is also the first publisher to test new products in its own on-site laboratories, TMC Labs. TMC produces INTERNET TELEPHONY Conference & EXPO, The VoIP Developer Conference, Speech-World Conference, IP Contact Center Summit and The Global Call Center Outsourcing Summit. TMCnet.com publishes more than 25 topical online newsletters.

For more information about TMC, visit its Web site at www.tmcnet.com.