Bezeq Awards Expansion Order to Veraz.

Veraz ControlSwitch and Media Gateways Provide Substantial OPEX and CAPEX Savings

SAN JOSE, Calif. -- Veraz Networks, Inc, (NASDAQ:VRAZ) the leading provider of Multimedia Generation Network application, control, and bandwidth optimization products, today announced an expansion order with Bezeq, the leading domestic, international telecommunications provider in Israel. Building upon an existing deployment of Veraz's ControlSwitch[TM] and the I-Gate 4000 family of media gateways, this expansion will enable Bezeq to significantly reduce its operating and capital costs by migrating voice traffic off its legacy TDM tandem network and onto an IP backbone.

Bezeq initially deployed Veraz's ControlSwitch to support local number portability (LNP) and mobile number portability (MNP) services. Now, Bezeq will expand the use of the ControlSwitch along with Veraz's I-Gate 4000 family of media gateways to migrate traffic off of Bezeq's existing TDM tandem switches onto a national IP backbone, greatly reducing their on-going operating and capital costs and in particular their real estate costs.

"The initial Veraz deployment has been tremendously successful; we were able to rapidly enable LNP/MNP requirements across our network," said Yuval Keinan, VP of Engineering and Networks, Bezeq. "Now we can further leverage the power of Veraz's ControlSwitch and the I-Gate 4000 family of media gateways to continue to reduce costs from using legacy equipment while we expand our network capacity."

"Veraz is extremely pleased to be able to provide the benefits of the MGN architecture to the leader of the Israeli market," said Daniel Skinazy, Vice President EMEA for Veraz Networks Inc. "Veraz provides the roadmap for operators to complete the journey to a multimedia-capable network, with network modification and expansion that is easy to prove financially, through OPEX and CAPEX savings."

About Veraz Networks, Inc. (NASDAQ:VRAZ)

Veraz Networks, Inc. (NASDAQ:VRAZ), is the leading provider of application, control, and bandwidth optimization products that enable the evolution to the Multimedia Generation Network (MGN). Service providers worldwide use the Veraz MGN portfolio to extend their current application suite and rapidly add customized multimedia services that drive revenue and ensure customer retention. The Veraz MGN separates the control, media, and application layers while unifying management of the network, thereby increasing service provider operating efficiency. Wireline and wireless service providers in over 50 countries have deployed products from the Veraz MGN portfolio, which includes the ControlSwitch[TM], Network-adaptive Border Controller, I-Gate 4000 Media Gateways, the VerazView Management System, and a set of prepackaged applications. Please visit www.veraznetworks.com.

This press release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. These forward-looking statements involve risks and uncertainties, as well as assumptions that if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to, Bezeq purchases of the ControlSwitch and I-Gate 4000 EDGE and PRO Media Gateways and the expense savings Bezeq and other customers may realize and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Veraz' business is set forth in our Annual Report on Form 10-K, including the "Risk Factors" section in that report, for the year ended December 31, 2007 and Form 10-Q for the quarter ended March 31, 2008 as filed with the Securities and Exchange Commission. These filings are available on a website maintained by the Securities and Exchange Commission at http://www.sec.gov. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.

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