Telsima announces Multi-Million Dollar Business from Telefonica and Vodacom

Telsima bids successfully to add to its existing rich portfolio of Tier I customers

• Telsima's TelsiNex™ DCME network access solution optimizes the carriage of toll-grade voice services over circuit switched networks
• Telsima's DSP chip TXS-1000™ in TelsiNex has sold over 5 million ports worldwide
  

SUNNYVALE, California, October 17, 2007 - Telsima Corporation, a leading developer and supplier of carrier class Digital Circuit Multiplication Equipment (DCME) and a global leader in WiMAX systems, today announced multimillion dollar contracts with Tier I operators, Telefonica in Latin America and Vodacom in Africa. The contracts are for the supply of TelsiNex™ DCME which substantially increases the capacity of toll-grade voice calls over circuit switched networks such as Long Distance International network connections and GSM networks.

Dr Alok Sharma, CEO Telsima said, "Telsima successfully bid to become a supplier of voice compression equipment to Telefonica Moviles (Movistar GSM) and Vodacom. Vodacom already has TelsiNex installed on the major domestic links of its Mozambique GSM network and is looking towards installing them in the GSM networks in its other African networks. TelsiNex is being used by all Tier-1 Telecom Operators in India and by many operators in APAC in addition to these new customers in Africa and Latin America. I note therefore with pleasure that our multimillion dollar Tier I successes across all high-growth markets worldwide in all our product lines have clearly established Telsima as an emerging global telecom giant".

The TelsiNex range of products, manufactured at Telsima's Bangalore facility, use Telsima's own DSP chip TXS-1000, which has sold over 5 million ports worldwide. TelsiNex can carry 16 E1s on one E1 bearer with excellent voice quality helps network operators reduce their investment on their backhaul transmission networks in a short time. 

The company recently announced its full spectrum of IEEE 802.16e-2005 compliant, standards based Mobile WiMAX products for end-to-end Broadband Wireless Access (BWA) networks. Winner of the Best of WiMAX World Digital Cities deployment in 2007, Telsima also announced that based on its earlier contracts with Tier 1 telecom service providers, it will be shipping 10,000 WiMAX base station sectors and 100,000 WiMAX subscriber stations in 2007.

About Telsima   

Telsima Corporation (www.telsima.com) is the leading developer and provider Mobile WiMAX and WiMAX certified Broadband Wireless Access (BWA) solutions. Its leadership is attested by 100'000 WiMAX modems and 10'000 base station sectors shipping in 2007. The company has garnered multiple Tier I operator wins in India and abroad supported by multi-year, multi-million dollar contracts. Telsima's award-winning, innovative technologies offer service providers economic advantages, new business models and more capital efficient network investment profiles. The company's products are compliant with IEEE 802.16-2004, 802.16e-2005 and WiMAX Forum ASN specifications. Telsima is backed by leading Silicon Valley investors, including, NewPath Ventures, CMEA Ventures, New Enterprise Associates, JAFCO Asia, Intel Capital and other strategic investors. Telsima's headquarters are in Sunnyvale, California, with offices in New Delhi, Mumbai, Bangalore and Ljubljana.


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Media Contacts

Tom Bergmann
Telsima Corporation
+1 408-480-8634
tom.bergmann@telsima.com 

Sangeeta Iyer
Telsima Communications P Ltd
+91 9818288376
sangeeta.iyer@telsima.com