Emerging Technologies Group Announces Company Name Change to Telarix And Groundbreaking Dial Code Management Solution

May 19, 2003, 01:00 ET from Telarix, Inc.

    VIENNA, Va., May 19 /PRNewswire/ -- Emerging Technologies Group, a leading
 provider of telecommunications interconnection software solutions, today
 announced a new company name, Telarix (www.telarix.com), and the successful
 launch of the latest iXTools module -- an innovative international dial code
 management solution called iXTrade.
     The company recently completed a round of funding to accelerate the
 profitable growth of the last six years and decided that it was time for a
 name change that reflected that success.  "Our company has emerged as the
 leader in developing and delivering intelligent software solutions to manage
 interconnection routing, rates, and costs for inter-exchange carriers," says
 Amir Yazdanpanah, the company's CEO.  "We wanted a memorable name that said
 something about our company, so we combined the 'TEL' in intelligence and the
 industry term for inter-exchange carriers (IXC) to create Telarix."
     Telarix is also announcing their newest intelligent software offering,
 iXTrade, which is a rate offer management solution that helps carriers
 efficiently manage dial codes and process rate offers.  iXTrade delivers an
 automated solution to carriers that allows near real-time review and
 acceptance of interconnect rate offers, virtual elimination of financial risk
 from dial code discrepancies, and rapid implementation of new vendors and dial
     Telarix CTO Shawn Zargham was recently quoted in an April Billing World
 article about International Interconnect challenges.  "What we are trying to
 do," says Zargham, "is to give carriers tools to analyze the rate ranges and
 connect their overseas partners to their rates to identify what the true costs
 are of sending traffic to a number."
     "iXTrade is the next step for Telarix in building the most comprehensive
 interconnect transaction management solution in the industry," says CEO
 Yazdanpanah.  "Our recent changes will ensure that we maintain our relentless
 focus on client satisfaction as we continue to enhance our portfolio of
 product offerings."
     About Telarix
     Telarix, Inc. delivers the leading Interconnect Transaction Management
 (ITM) software solution, which gives telecommunications companies the ability
 to easily manage costs and drive profitability on their interconnect traffic.
 Telarix's innovative platform, iXTools, maximizes carrier profitability by
 leveraging operational intelligence to enable real-time business decisions.
 The company's web-based tools analyze and report on traffic, rates, and
 destinations almost as quickly as the calls move across the global network.
 The company was founded in 1996 and is headquartered in Vienna, VA.  Please
 visit www.telarix.com for more information.
      Lyn Chamness
      Telarix, Inc.

SOURCE Telarix, Inc.