NetCracker Kicks Off 2009 With Milestone Anniversary and INTERNET TELEPHONY Product of the Year Award

NetCracker Positioned to Extend OSS Leadership in 2009

WALTHAM, MA — January 26, 2009 — NetCracker Technology announced today that it has received the 2008 INTERNET TELEPHONY Product of the Year award. The award coincides with NetCracker’s 15 year anniversary — which marks a decade and a half of innovation and commitment to the communications industry.

“Our 15 year anniversary is an important milestone,” said Andrew Feinberg, President and CEO of NetCracker Technology. “Since its founding in 1993, NetCracker has carved out an influential position in the industry through its thought leadership, technological innovation, and unrivalled professional services.”

“Our customers have used NetCracker’s powerful solutions to transform their businesses, accelerate the order-to-cash cycle, and speed the delivery of revenue-generating services,” continued Mr. Feinberg. “We are proud that INTERNET TELEPHONY magazine has recognized NetCracker’s innovation and the value we bring to our customers.”

INTERNET TELEPHONY Award Validates NetCracker’s Leadership
NetCracker’s Pasadena product release has been named the winner of INTERNET TELEPHONY’s prestigious Product of the Year award.

Pasadena allows service providers to speed the delivery of complex next-generation services by managing Network and IT from a single platform. It reduces time-to-market for complex new services through data center infrastructure management and business activity monitoring. Built on NetCracker’s flexible, scalable, standards-based platform, Pasadena enables customers to deliver high-end products in a competitive market; achieve rapid ROI; reduce implementation, upgrade, and support costs; and drive down Total Cost of Ownership.

The award follows other important validations of NetCracker’s leadership position including a rapid succession of new customer wins at Mobinil (Egypt), Videotron (Canada), and VimpelCom (Russia and the CIS).

NetCracker Builds on 15 Years of Success
NetCracker is celebrating 15 years of commitment to the communications industry — highlighted by unprecedented innovation and customer value. Following continuous growth as a privately held company, NetCracker became part of NEC Corporation in October of 2008. This merger is driving an aggressive business plan that will bring enhanced value to our current and future customers.

At events throughout 2009, NetCracker will share customer case studies that underscore its business transformation value proposition. In particular, NetCracker will share its customer success stories at Mobile World Congress and Management World Middle East, and will be the Platinum Sponsor at Management World 2009 in Nice.

NetCracker’s ability to transform the Service Layer and manage Network and IT from a single platform allows service providers to speed the delivery of complex new services. Using NetCracker’s flexible and scalable solutions, providers around the world have achieved rapid service delivery, streamlined operations, reduced costs — and created closer customer relationships.

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.