NetCracker Expands Global Footprint and Increases OSS Market Share

NetCracker Technology announced today that the company has reached
two corporate milestones with back-to-back customer wins around the
globe and a fast-growing workforce to support its implementations.
This is the third year in a row that NetCracker has more than doubled
its worldwide personnel to meet the growing demand for NetCracker
solutions in the global communications service provider marketplace.

To support the company's rapid European expansion, including new
customer wins in the Netherlands, UK and France, NetCracker announced
the opening of a new office in London. The new office will manage
ongoing implementations in the region.

"This has been a pivotal year for NetCracker and its increase in
popularity as the 'OSS Solution of Choice' for many large European
operators," said Andrew Feinberg, NetCracker's President and CEO.
"NetCracker is committed to the strong partnerships it has fostered
with leading systems integrators, and we hope to expand these
relationships as we continue to grow and hire additional personnel to
support our mission of providing top of the line OSS solutions for the
telecommunications industry."

Global Growth Strategy

Part of the company's overall global growth strategy includes
additional hires on both the sales and delivery side in Europe as well
as the formation of a more formalized partnership program with leading
systems integrators. Earlier this year, NetCracker launched its
"Service Level Transformation(TM)" campaign, which focuses on the
critical fact that communications service providers need a
service-centric model in the back office to compete more effectively.
This message has quickly gained in popularity among service providers
and industry influencers alike.

"NetCracker has historically been relatively quiet and
low-profile, but over the past year it has become clear that the
company has achieved significant traction, particularly in the Tier 1
market," said Shira Levine, Senior Research Analyst at IDC. "We
believe that if NetCracker is able to maintain its current momentum,
particularly with regard to ramping up its staff and strengthening its
partnership strategy, it will be well-positioned as a leader in the
OSS/BSS market."

About NetCracker Technology

NetCracker Technology is the leading global Solution Company
enabling Service Providers to rapidly deliver and effectively manage
convergent and content-rich offerings. NetCracker delivers service and
resource management through its software and implementation expertise.
NetCracker's pre-integrated product modules include Service Inventory,
Resource Inventory, Service Provisioning & Activation, Discovery &
Reconciliation, Design & Planning, Customer Impact Analysis, Outside
Plant, Order Management, Asset Management, and Telecom Cost
Management. Founded in 1993, NetCracker Technology is headquartered in
Waltham, MA, and can be reached at 1-781-419-3300 or
www.netcracker.com.

NetCracker is a registered trademark of NetCracker Technology
Corp. All other company or product names mentioned in this press
release may be trademarks or registered trademarks of the respective
companies of which they are associated.