Turk Telekom Awards Telenity Contract for the Largest Fixed-line Short Messaging System in Europe.

CANNES, France -- Telenity (www.telenity.com), a leading provider of value added service delivery platforms that enable the programmability of wireless, wireline and next generation networks, today announced that it has signed a contract with Turk Telekom to supply Telenity's Canvas(R) F-SMSC, Fixed-Line Short Message Service Center, integrated with the HP OpenCall(R) Media Platform. Canvas F-SMSC supports short messaging in fixed-line networks, as well as, between fixed-line and wireless networks and it provides legacy telephone support through multi-language Text-to-Speech capability. The system, which is one of the largest in Europe, will be up and running and commercially available in the second quarter of 2005 and will ultimately serve over 18 million subscribers.

"This is an order of magnitude and sophistication that includes some 15 new messaging services and applications with multimodal capability and follows another contract from Turk Telekom for the Canvas UMS, Unified Messaging System," says Serif Beykoz, general manager at Telenity Europe. "Messaging--SMS, MMS and UMS--is and will continue to be one of the most lucrative services to increase ARPU and reduce churn. These contracts ensure Turk Telekom, the government owned fixed-line provider in Turkey which is going through privatization process, can very effectively compete with its wireless competitors and offer its subscribers innovative services such as Televoting, and push/pull and subscription based infotainment services."

"The business benefits are huge," says Dilip Singh, president at Telenity. "With Telenity's Canvas messaging applications, new services can be deployed in a matter of days or weeks, scaled up or down, and new and existing services fully integrated. Turk Telekom can create its own messaging services, work in collaboration with a dynamic global community of service and content developers, and exercise new options to support a wider variety of business models, including resale and revenue sharing arrangements."

"The time and cost to market of new services are largely dependent upon the flexibility and versatility of the operating platforms," said Celalettin Dincer, Vice President at Turk Telekom. "Telenity's Canvas F-SMSC application ensures we can immediately offer person-to-person and application-to-person services and, just as significantly, provides a smooth evolution to a complete menu of unified messaging services. We are very pleased with what Canvas messaging solutions offer because they will not only help us differentiate our products and services but also distinguish Turk Telekom as an innovative service provider."

About the Canvas F-SMSC

The Canvas(R) F-SMSC, Fixed-Line Short Message Service Center, provides the necessary advanced technology for person-to-person and application-to-person services. It ensures a smooth evolution to deliver multimodal messaging services and an enhanced user experience with an exciting new generation of services that are fun and entertaining. It supports short messaging in fixed-line networks, as well as, between fixed-line and wireless networks. Canvas F-SMSC also provides legacy telephone support through multi-language Text-to-Speech, sending and receiving SMS to and from email, and sending SMS to fax destinations through Text-to-Fax capabilities. It increases the revenue streams of the fixed-line operator through increased intra-carrier and inter-carrier messaging. The Canvas F-SMSC is designed with unlimited performance and scalability, comes with ready-to-deploy flexible value added services environment for efficient and effective design and deployment of new services, with significantly shorter time-to-market, and more income through new revenue streams.

About Turk Telekom

Turk Telekom, with its dynamic and modern structure, operates, in accordance with the principles of profitability, efficiency and customer satisfaction. Turk Telekom, the biggest company of informatics in Turkey, aims to be the preferred operator both in the national and international markets, with its performance and investments.

Turk Telekom makes investments in order to establish the infrastructure of a profitable future, to compete easily in all fields and to keep the leadership in the telecommunications sector. With projects such as ADSL, Metro Ethernet, IDC and WiNet, Turk Telekom is preparing for a big revolution in data field. Turk Telekom also attaches great importance to customer satisfaction principles with the projects such as Call Center.

With its technology, manpower and solutions for communication requirements of information age, Turk Telekom carries the future to present day.

About Telenity

Telenity, headquartered in CT, USA, is a leading global provider of end-to-end service delivery platforms and applications for mobile and next generation telecommunications networks. Telenity's products include the Canvas(R) SDP, Service Delivery Platform, the Canvas iCON(TM) Intelligent Content Management Platform, messaging solutions (MMSC, UMS, SMSC, and F-SMSC), location enabling server and a variety of revenue generating applications. Telenity is a recognized expert in value-added services differentiation by a worldwide customer base that includes wireless network operators, content providers, service application developers and global channel partners. Telenity's products and solutions currently serve over 50 million subscribers worldwide. Learn more about Telenity's Canvas family of solutions at www.telenity.com.

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Telenity and Canvas are trademarks of Telenity.