STOCKHOLM, May 19 /PRNewswire/ --

- Ventelo Awards Ascade With a Contract for the Interconnect
Business Platform Carrier Cockpit(TM) - a Complete Solution for Routing &
Trading

STOCKHOLM, May 19 /PRNewswire/ --

Ascade, the global market-leader in advanced Routing & Trading, Billing
and Quality of Service solutions for the Interconnect market, today announced
that, Ventelo Sweden AB (Ventelo), a Stockholm based wholesale carrier, has
decided to implement the Carrier Cockpit(TM) Routing & Trading as well as
Network Provisioning modules to manage their complete wholesale business.
Ventelo has performed a thorough evaluation process resulting in Carrier
Cockpit(TM) becoming a central part of its advanced business decision and
management environment. The decision to implement Carrier Cockpit(TM) Routing
& Trading with Network Provisioning is a result of growing volumes of voice
traffic, increased business complexity and expectations of improved
profitability.

With Ascade's Carrier Cockpit(TM) Routing, Trading and Network
Provisioning, Ventelo will further strengthen its end-to-end business process
for wholesale and interconnect services by automating its complete wholesale
operation. As a result Ventelo can proactively react on new pricing
opportunities supported by active trading functionality, secure a superior
quality of service through improved operational control and instantly
implement routing orders to the switch with the new Network Provisioning.

The Vice President of Ventelo Sweden AB, Mr. Erik Qvist comments:
"Wholesale Business is one of the key drivers in Ventelo's company strategy
and building on a successful carrier business we are now ready to take this
operation to the next level. With a fully automated end-to-end support system
like Carrier Cockpit(TM) we are looking to excel even more on revenues and
margins whilst at the same time guaranteeing accuracy in each step of the
way. When choosing a supplier it was important to team up with a reliable
company that has proven success in many implementation projects as well as a
direct bottom line effect with improved margins, all which we are convinced
to have found in Ascade and its solution Carrier Cockpit(TM)."

Mr. Klas Peterson, CEO of Ascade contributes: "Working with Ventelo and
reviewing their aggressive growth plans going forward shows that they are a
serious player on the international wholesale arena. By adding an advanced
Routing & Trading solution to its professional team of traders we are excited
to see the effects that are expected to be positive both in a short and long
terms perspective. In addition, we are very much looking forward to working
with a customer in our own home market."

ABOUT VENTELO SWEDEN AB

Ventelo Sweden AB (Ventelo) is full service provider on the Swedish
market offering secure and customer focused turnkey solutions to the business
market within fixed, mobile and internet solutions. The company has years of
experience in delivering high quality services to mobile and fixed operators
and focuses its wholesale offerings on high quality solutions.

Ventelo has been a limited company since 1995 and is owned by private
investors.

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, Sunrise, Telekom
Austria, MobileOne, TATA, 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 Fax: +46-8-545-90-427
    Stockholm, Sweden Tel: +46-8-616-73-00