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XIUS Becomes a Preferred Sales Partner for HP


    XIUS, a leading total telecom solutions brand offering its
    services to Telecom Service provider and Mobile Virtual Network
    Operator across the globe, today announced that it has become a
    preferred sales partner to HP for the APJ (Asia-Pacific and Japan)
    region. As an acknowledgement of their contributions to HP's OpenCall
    technology based solutions & business, XIUS has been awarded the HP
    Software (CME) Business Partner of the Year Award, for APJ. The award
    recognizes partners in Asia-Pacific and Japan region that have
    demonstrated outstanding commitment to HP Communication, Media &
    Entertainment (CME) business group, thereby increasing the quality of
    HP. Earlier in February 2007, XIUS won this award for the EMEA region.
    XIUS(TM) is the Telecom SBU brand of Megasoft Limited, a publicly
    traded company on BSE, India.

    XIUS has been an HP OpenCall Partner since 2001 and is a key
    partner to HP for its complete OpenCall portfolio of products covering
    signaling, media and next generation signaling technologies. The
    unique suite of solutions developed by XIUS has allowed OpenCall to
    break into new accounts and new geographies. Over the last five years
    XIUS has grown several times over, both organically and inorganically.
    This award illustrates its capabilities in providing innovative
    solutions that are both customized and cost effective to support
    applications sales and implementation, developed in cooperation to
    meet individual customer needs and help grow their revenues.

    Mr. GV Kumar, CEO, XIUS stated, "The award signifies XIUS(TM)
    capabilities in partnering with leaders and provide business
    innovative software solutions that are both customized and cost
    effective. The award is recognition of the considerable support that
    XIUS has continually provided to joint applications sales and
    implementation along with HP to meet individual customer needs and
    help grow revenues. The Core Telecom Infrastructure Solution VOISE(TM)
    for MVNOs, successfully launched in US last year, was introduced in
    the APAC, Africa & Middle East regions this quarter and we see a
    strong demand for it."

    "We are really honoured with the two acknowledgements from HP
    within the year. This award will enable us to further grow our market
    share in the APJ region," added Mr. Kumar.

    About XIUS (www.xius.com)

    XIUS(TM) a Telecom SBU of Megasoft Ltd, established in 1994, is a
    leading total telecom solutions brand offering its services to telecom
    service providers and Mobile Virtual Network Operators across the
    globe. Since its inception, XIUS has developed and launched more than
    11 innovative products and have to their credit many world firsts,
    including VOISE(tm), the innovative core telecom infrastructure
    platform for MVNO. XIUS is committed to provide revolutionary
    solutions that have a significant impact on the lowering CAPEX / OPEX
    with improving service levels for end users. With more than 1100
    people, XIUS has a presence in more than 11 countries. Its end-to-end
    innovative products and solutions to multiple segments of the telecom
    industry span the markets of Mobile and Fixed Telephony, Internet
    Telephony as well as Mobile Commerce services. These include
    Convergent Billing, Advanced Roaming and Interoperability solutions to
    Wireless and Wireline Operators, MVNOs, ISPs and other Network Service
    Providers; billing and payment processing solutions to Telephony,
    Banking, E-Commerce and Internet Applications markets.