Convedia Receives Internet Telephony Magazine 2004 Product of the Year Award; Convedia Media Servers Recognized for Ongoing Leadership and Outstanding Innovation.

VANCOUVER -- Convedia(R) Corporation, the leading supplier of carrier-class IP media processing platforms, announced today that its IP Media Servers have received a 2004 Product of the Year Award from INTERNET TELEPHONY(R) Magazine. As a repeat winner of this prestigious award, Convedia has once again been recognized for its ongoing leadership and outstanding product innovation in next-generation networking technology.

"Convedia Media Servers continue to help define and lead the carrier-class multi-service IP media server market segment," said Rich Tehrani, Group Publisher and Editor-in-Chief of INTERNET TELEPHONY(R) Magazine. "From the pioneering introduction of its CMS-6000 Media Server back in 2000, Convedia has consistently been viewed as an innovator and leader in the IP Media Server product category, and is now well positioned to capitalize on the accelerating investment in next-generation networks around the globe. We are proud to recognize Convedia's ongoing commitment to product excellence with the 2004 Product of the Year Award."

During 2004, Convedia announced a number of new video media processing features to its CMS-6000 and CMS-1000 Media Server platforms, including voice-activated video switching, VoiceXML-based video recording and playback, quad split and advanced continuous presence displays, as well as video transcoding and rate matching. These capabilities, exposed through open standards-based control interfaces, allow Convedia's application partners and service provider customers to rapidly develop, integrate, and deploy innovative multimedia applications including mobile video conferencing, videomail, video ringback tones, and multi-user mobile online gaming. These new video capabilities, combined with Convedia's widely acknowledged strengths in carrier-class audio media processing, make Convedia Media Servers the industry's first and only IP media servers with true multimedia processing support, while reducing costs for a broad spectrum of mobile and fixed-line telecommunication service providers. Convedia's compelling value proposition has resulted in over 400 media servers being deployed around the globe in over 50 customer production networks.

"We are honored to once again receive the 2004 Internet Telephony Product of the Year Award," said Grant Henderson, Convedia's Executive Vice President of Marketing and Strategy. "This is the fourth time TMC's Internet Telephony Magazine has recognized Convedia and our IP Media Server products. It clearly demonstrates Convedia's year-over-year consistency in building and extending our leadership through ongoing product innovation consistent with the needs and priorities of our service provider customers and solution development partners."

Convedia's award-winning family of carrier-class IP Media Servers reduce capital and ongoing operational costs by consolidating the functions of traditional announcement and recording servers, interactive voice response units (IVR/VRU), audio/video conference bridges, voice mail servers, and speech platforms onto a single shared media processing platform. Convedia works closely with leading network equipment providers, application developers, and system integrators to deliver some of the industry's most innovative and cost-effective network and enhanced service solutions for service provider and large enterprise customers.

About Convedia

Convedia(R) Corporation is the leading supplier of next-generation IP media servers that enable telecommunication service providers to reduce service delivery costs and increase revenues through new approaches to enhanced services. Convedia's award-winning family of products includes the CMS-6000 Media Server, a carrier-class media server capable of scaling to 18,000 ports per shelf, and the CMS-1000 Media Server, a low-cost, entry-level media server. Convedia is headquartered in Vancouver, British Columbia, Canada, and financed by leading venture capitalists. For additional information about Convedia, its products, or the role of media servers in Softswitch, Packet Cable, or 2.5 and 3G wireless architectures, visit www.convedia.com

About TMC(R)

Celebrating more than 30 years as a leading publisher, Technology Marketing Corporation (TMC(R)) publishes Customer Inter@ction Solutions(R) and INTERNET TELEPHONY(R) magazines, Web portal TMCnet.com, and the online publications SIP(TM), Speech-World(TM), VoIP Developer(TM), WiFI Telephony(TM), WiMAX(TM), Alternative Power(TM) and BiometriTech(TM). TMC(R) is also the first publisher to test new products in its own on-site laboratories, TMC(R) Labs. TMC(R) produces INTERNET TELEPHONY(R) Conference & EXPO, VoIP Developer Conference(TM) and Global Call Center Outsourcing Summit(TM). TMC offers live and online certification programs through TMC University. TMCnet.com publishes more than 14 online newsletters. Visit www.tmcnet.com for details.