STOCKHOLM, May 27 /PRNewswire/ --

- Qtel Award Ascade the Contract for the Complete Suite of the
Carrier Cockpit(TM) Platform; From Routing and Trading to Quality Management
and Interconnect Billing.

Ascade, the global market-leader in advanced Routing & Trading, Billing
and Quality solutions for the Interconnect market, today announced that Qtel,
the Qatar based highly international carrier, has awarded a contract for the
full suite of Carrier Cockpit(TM).

Qtel made a thorough evaluation of the existing systems in the market and
found Carrier Cockpit(TM) to provide the best support for its future growth;
both within Qatar and through its international affiliates.

Important factors in Qtel's decision process was to identify a platform
where all involved parts of the organisation are able to work together as a
team in ONE system; from routing and trading functions to quality management
and interconnect billing. In Carrier Cockpit; Qtel found a truly integrated
platform that uses ONE data model and ONE data source for all users where the
complete team will benefit from using the same terminology.

With Carrier Cockpit(TM), Qtel will further strengthen its end-to-end
business process for wholesale and interconnect services and set the general
operations team in a solid position to handle expected growth for years to
come.

About Qtel

Qatar Telecom (Qtel) is the telecommunications service provider for both
fixed and mobile telecommunications services in the state of Qatar. Moreover,
Qtel have a presence in 16 countries and expanding both in the MENA region
and South East Asia. In 2007 Qtel received the "Deal of the Year" award after
acquiring 51% of the share capital of Kuwait based National Mobile
Telecommunications Company KSC - (Wataniya) from Kuwait Projects Company for
a total cash consideration of $3.8 billion. This deal is expected to increase
Qtel's role in the MENA region.

About Ascade AB

Ascade is the global market-leader of Interconnect Solutions for Carriers
and Mobile Operators. Our software, Carrier Cockpit(TM) Suite, enables
customers worldwide to increase profitability and revenue growth. It
optimizes and automates all aspects of the Interconnect Business including
route quality testing and integrated interconnect billing, while providing
management with real-time business planning and steering capabilities.

Carrier Cockpit(TM) Suite is the most advanced, mature and widely used
Interconnect Solution for managing the wholesale business worldwide.
Customers include Reach, Telenor Global Services, SingTel, Telekom Malaysia,
Etisalat, Allstream, Elisa, Gateway, TEO, Rostelecom, PT Telekom, Korea
Telecom, Hrvatski Telekom, Telekom Serbia, Lattelecom, Bell Canada, Sunrise,
Telekom Austria, MobileOne, VSNL, TeliaSonera IC and more.

Ascade AB is a privately held company owned by founders and leading
Nordic investment firms CapMan, listed on the Helsinki Stock Exchange, and
SEB Venture Capital, the venture capital division of Nordic financial
services group SEB, listed on the Stockholm Stock Exchange. Through its
presence in Sweden, US, Dubai, and Singapore, Ascade provides support to its
customers worldwide.

For more information please visit: http://www.ascade.com

    Contact: Patrik Ferlenius, Ascade AB
    Email: patrik.ferlenius@ascade.com
    Ascade AB
    Söder MÀlarstrand 29
    P.O. Box 38176
    SE-100 64 Stockholm, Sweden
    Tel: +46-8-616-73-00
    Fax: +46-8-545-90-427

    http://www.ascade.com