Syniverse and PicoPoint Announce Wi-Fi Agreement That Significantly Expands Footprint.

TAMPA, Fla. -- News Summary: Syniverse forms roaming agreement with PicoPoint to expand Wi-Fi network in Europe, Middle East and Africa with nearly 10,000 hotspots.

Syniverse Technologies, (http://www.syniverse.com), a leading global communications company, and Amsterdam-based PicoPoint, a world leader in facilitating wireless Internet service providers (WISPs) today announced a bi-lateral Wi-Fi roaming agreement. The agreement significantly expands Syniverse's Wi-Fi coverage area in Europe, the Middle East and Africa for its Wi-Fi customers and expands PicoPoint's coverage area in North America. PicoPoint's current Wi-Fi network consists of nearly 10,000 hotspots throughout the world.

The agreement adds Syniverse to the Global Broadband Internet Access (GBIA) roaming network, a global network of independent wireless Internet service providers (WISPs) that offer public access, founded by Picopoint. This will further diversify and expand the locations where Wi-Fi service is available to Syniverse Mobile Data Roaming Services customers, primarily wireless operators representing millions of subscribers. Syniverse's suite of Mobile Data Services includes AAA broker service, wholesale data billing and reporting, a real-time online customer care and roaming agreement management tool. This suite of services simplifies the business and technical relationships among operators and venues offering Wi-Fi to their own and visiting subscribers. Syniverse's current Wi-Fi customers and roaming partners include Sprint, SBC Communications, the city of Atlanta, Pronto Networks, Remote Pipes, and Truckstop.net.

In 2002, PicoPoint launched its unique ASP based back-office solution, GateKeeper, an online application that runs in the PicoPoint Network Operations Centre (NOC). With Gatekeeper, PicoPoint provides critical user login authentication, charging authentication and session usage accounting functionality, as well as multiple payment options and billing and settlement (calculation of the revenue generated at the end of each month and distribution of credit or debit notes to WISPs, payment partners, and roaming partners). The company's current Wi-Fi customers and roaming partners include, amongst others, KPN Mobile, Vodafone in The Netherlands and E-Plus.

"Global roaming is critical to the widespread adoption of Wi-Fi. Our roaming agreement with PicoPoint brings global connectivity to a robust collection of thousands of European, African and Mid-Eastern hotspots into our portfolio," said Michael O'Brien, Syniverse vice president - marketing. "As Wi-Fi usage increases, the expectations of subscribers increase. Wireless operators must be in a position to offer ubiquitous Wi-Fi access and service for their customers, similar to the ability to use a mobile phone almost anywhere in the world."

"Syniverse's extensive relationships with wireless operators and the corresponding subscriber base in North America are very attractive to us," said Ben van Dongen, chief executive officer at PicoPoint. "This roaming agreement between PicoPoint and Syniverse will enable roaming Wi-Fi users to access their data services almost everywhere in the world. It brings together two key elements that will drive global Wi-Fi roaming - Syniverse's expansive North American footprint and PicoPoint's long list of GBIA hotspots."

About Syniverse

Syniverse Technologies enables global communications by developing innovative business and network engineering solutions that manage and interconnect voice and data systems in more than 30 countries throughout the Americas, Asia Pacific and Europe. Syniverse provides technology interoperability, network services and number portability to nearly 300 mobile operators, wireline carriers, emerging telecom market entrants and enterprise customers. Products include SS7 intelligent network solutions, clearing and settlement services, voice and data roaming facilitation, revenue enhancement solutions and more than 25 other integrated services. Headquartered in Tampa, Fla., U.S.A., with offices in major cities throughout North America and in The Netherlands, Syniverse has a global sales force in London, Luxembourg, Rome, Bratislava, Beijing, Hong Kong, Rio de Janeiro and Belo Horizonte. For more information, visit http://www.syniverse.com.

CUSIP: 87287VAB8 Bloomberg Tickers: SYNVER (Bond) 32497Z (Equity)

About PicoPoint

PicoPoint(TM) is a global full-service company for WLAN providers and founder of the Global Broadband Internet Access (GBIA(TM)) roaming network, solution and service. PicoPoint(TM) delivers essential, nonstop Hotspot Management services like AAA, billing, settlement, roaming and network monitoring. PicoPoint was founded in February 2002. In April 2002, PicoPoint launched its unique back-office solution 'GateKeeper' and is now a world leading facilitator of Wireless Internet Service Providers (WISPs) in all continents. PicoPoint is a privately held company by key players in the wireless field and Greenfield Capital. Picopoint is based in Amsterdam, the Netherlands. For more information, please visit http://www.picopoint.com or http://www.gbia.com. For additional information call [phone].