NetCracker wins "Product of the Year" Award at BILLING. IT Telecom

Waltham, Mass. – December 20, 2005 – NetCracker Technology, the global Solution Leader enabling service providers to deliver and manage converged services, today announced that its Service Inventory module won the prestigious "Product of the Year" award at BILLING. IT Telecom. NetCracker's Service Inventory module accelerates Communications Service Providers' (CSPs') ability to create and provision existing and next generation services across all layers.

The Service Inventory's robust and flexible Service Catalog enables the CSP to rapidly define and introduce new converged services. It allows the CSPs to mix and match components to create a unique service bundle in real time. By decoupling the network and IT infrastructure from the service components, CSPs are able to create and deliver services faster without having to make wholesale changes to the physical infrastructure.

NetCracker's inventory of service configurations, combined with its ability to work across siloed inventories at the network and service layers, accelerates the time to market for new services, which is a competitive advantage that CSPs across the globe are looking to achieve.

BILLING. IT Telecom, which took place December 7 to 9 in Moscow, gathered industry leaders to examine innovative operation and business approaches of telecom operators and service-providers.

"This award highlights the strength of our product offerings and remarkable commitment and talent of our team," said Andrew Feinberg, president and CEO, NetCracker Technology. "Successful communications service providers are those that can effectively deploy and manage converged services. NetCracker gives them the means to do this."

About NetCracker Technology

NetCracker Technology, a subsidiary of NEC Corporation, is the leading provider of Telecom Operations and Management Systems to Communications Service Providers worldwide. www.NetCracker.com.

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

About NEC Corporation

NEC Corporation is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of a diversified global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electron devices, by integrating its technical strengths in IT and Networks, and by providing advanced semiconductor solutions through NEC Electronics Corporation. The NEC Group employs more than 140,000 people worldwide. For additional information, please visit the NEC website at: http://www.nec.com.