Blueslice Wins VimpelCom 3G Tender for ngHLR.

Best of breed solution and increased demand from top tier carriers highlight Blueslice's rising share of subscriber management market

MOSCOW & MONTREAL -- Blueslice Networks, the leading provider of subscriber management solutions for Mobile, VoIP, FMC, and M2M networks, announced today that VimpelCom has selected Blueslice as its new ngHLR and HSS vendor of choice for its subscriber base of over 50 million subscribers.

VimpelCom, which operates under the "Beeline" brand, won its Russian 3G license in April 2007 and recently completed its 3G tender, awarding contracts to multiple vendors for access and core networks. Blueslice was selected as the sole vendor for ngHLR, which includes the next generation Home Location Register (HLR) and Home Subscriber Server (HSS). The Converged Subscriber Platform 3000[TM], which unites all these functions into one node, will allow VimpelCom to manage one common network database for all their subscribers.

Blueslice leveraged its global partnership with Ericsson to deliver the best complete solution. "This is an important deal for Ericsson and Blueslice. We got behind the Blueslice ngHLR because its next gen features fit well the demands of VimpelCom," said Zoran Lukovic, Vice President Ericsson Russia.

Stephan Ouaknine, CEO of Blueslice, added: "Being selected by the world's 7th largest carrier demonstrates Blueslice's rise as a premier supplier of subscriber management solutions and the importance of data consolidation, as well as support for SIP and WiFi/WiMAX. We worked very closely with Ericsson to deliver the best ngHLR solution to VimpelCom."

About VimpelCom (www.vimpelcom.com)

The VimpelCom Group includes companies operating in Russia, Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia and Armenia. The VimpelCom Group's GSM and 3G license portfolio covers a territory with a population of about 250 million. This includes the entire territories of Russia, Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia and Armenia. VimpelCom was the first Russian company to list its shares on the New York Stock Exchange ("NYSE"). Vimpelcom ADSs are listed on the NYSE under the symbol "VIP".

About Blueslice (www.blueslice.com)

Blueslice Networks is the leading provider of subscriber management solutions for the Mobile, VoIP, FMC, and M2M markets. Blueslice solutions allow mobile service providers to control their principal asset, their subscriber base, while delivering innovative and differentiated services and significantly reducing operational costs. Now, end-users can access coherent communication services seamlessly over any type of access with a single subscription and set of preferences. The carrier-grade, open standard Converged Subscriber Platform 3000[TM] is the only converged HLR/AuC, HSS, SIP Registrar, and SIP Redirect Server, which, together, enable universal mobility across all access networks.

Blueslice delivers solutions to the world's leading mobile service providers including wireless carriers, MVNOs, VoIP providers, and alternate carriers. Blueslice Networks is a private company with headquarters in Montreal, Canada.