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29th March 2004

Spring Von, Santa Clara, USA. - 29 March 2004: VegaStream, a
leading supplier of dedicated business VoIP (Voice over IP)
Gateways, today announced its partnership with voice reseller
KBT Systems Corp. Under the terms of the agreement,
VegaStream's Vega 100 VoIP gateways will be distributed to KBT
customers including Canadian network operator, Telus.

VegaStream combines VoIP and the SIP protocol to provide a
Prepaid Calling Card Starter System specifically designed for
VoIP service providers. The solution ensures that companies
such as KBT systems can benefit from the advantages of VoIP
including flexibility and low infrastructure costs whilst providing
high quality - and profitable - voice services to its customers.

"VoIP is quickly becoming a reality for enterprises especially
those within the telecoms industry. Companies that stay on
PSTN will not be able to compete and will very soon be left
behind," said Tim Burne, CEO of VegaStream "VegaStream
gateways enable companies such as KBT Systems to bring down
their call costs making their own services more profitable."

KBT Systems provide prepaid minutes and infrastructure to
telecoms carriers and resellers in the US and Canada. One of its
customers, Telus is the second largest telecommunications
company in Canada with 4.9 million network access lines and
3.4 million wireless subscribers. Utilising next generation
Internet-based technologies, Telus provides subscribers with a
full range of telecommunications products and services including
data, voice and wireless services across Canada.

With such a large customer base, operators such as Telus
demand non-stop support to ensure a reliable service is provided
to its customers. VegaStream's industry leading VoIP solutions,
services and support enable service providers to cater for even
the largest of customers.

"As a reseller ourselves, KBT values good support. VegaStream
has been extremely responsive to our needs as a customer and
has allowed us to provide the same quality of service to our
own," said Steven Mundy President & CEO at KBT systems. "We
are a very happy customer."

About KBT Systems Corp
KBT Systems Corp. develops and provides wholesale, managed
services for Communication Service Providers and Internet
Content and Application Providers.
As a Managed Service Provider, KBT delivers a new generation
of real time rating, billing, customer support and best of breed
voice and data communication and collaboration applications.
Founded in 1997, KBT has a proven track record serving tier-one
telecom customers and continues rapid growth in delivery of
wholesale, managed services for convergent communications
and content service providers.
Through an industry leading IP telephony platform and real time
rating, reconciliation and partner settlement solutions, KBT
provides its customers with a future proof, massively scalable
platform for rapid deployment of compelling new services,
offered in flexible, value-based billing models.

For additional information, visit the Website at
www.kbtsystems.com

About VegaStream
VegaStream is a leading supplier of dedicated business VoIP
gateways. VegaStream's Voice over IP (VoIP) gateways enable
service providers and business customers to rapidly deploy and
profit from lower telephony costs and improved productivity
across their organization's HQ and remote offices. The award
winning Vega 50 and Vega 100 gateways are based on
international communications standards - including both SIP and
H.323 - to deliver an open and non-proprietary VoIP solution
that can be seamlessly integrated alongside existing
communications investments. Established in 1998, VegaStream
has EMEA headquarters in Bracknell UK, and North American
headquarters in Boca Raton, Florida. VegaStream investors
include MTI Partners and VegaStream management.

Media Contacts:
Katherine Knox
AxiCom (for VegaStream)
+44 20 8392 4067
katherine.knox@axicom.com


Copyright ©2007 VegaStream Group Limited