Telecom New Zealand Selects NetCracker to Drive Business and Network Transformation

NetCracker’s Service Fulfillment Solutions Speed Delivery of Innovative Services and Rapid Expansion of Next Generation Networks

WELLINGTON, NEW ZEALAND and WALTHAM, MA, USA — June 25, 2008 — Telecom New Zealand (Telecom) has selected NetCracker’s OSS suite to speed the delivery of innovative services and the rapid expansion of next generation networks. NetCracker’s solution will support Telecom’s formal operational separation into distinct business units — a transformation that will pave the way for new services and capabilities, and create greater value for its customers and shareholders.

Telecom, the largest company by value on the New Zealand Exchange (NZX), provides a full range of customer-focused online and communications services. AAPT–PowerTel, a Telecom subsidiary, is the third largest telecommunications provider in Australia.

Telecom provides fixed-line, mobile, and Internet services to consumers as well as small and medium businesses; converged technology and telecommunications solutions to large businesses; and next generation network connectivity products to Service Providers.

“To support Telecom’s strategy for long-term growth, its business units need to deliver a new generation of innovative, world-class services,” said Frank Mount, Telecom New Zealand’s Group Chief Transformation Officer. “To achieve this goal, the Shared Services business unit has launched an aggressive project to transform its operations.”

Telecom has acquired NetCracker’s Order Management, Customer Impact Analysis, Service Inventory, and Resource Inventory modules, as well as NetCracker Framework. These products will enable Telecom to migrate legacy systems, improve data quality, accelerate the deployment of next generation services, and improve the customer experience.

“NetCracker’s ability to transform the Service Layer and model next generation infrastructure will enable Telecom New Zealand to continue the delivery of innovative, new services and the rapid expansion of next generation networks,” said Andrew Feinberg, NetCracker Technology’s President and CEO. “We are excited to be involved in this major business transformation at Telecom.”

About Telecom

Telecom Group is an Australasian group of companies positioned at the forefront of telecommunications services in the region. It provides the full range of Internet, data, voice, mobile, and fixed-line services throughout New Zealand and Australia, and is New Zealand's largest communications services provider. The company is listed on the New Zealand, Australian, and New York stock exchanges.

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.