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Visionael Strengthens Executive Leadership TeamAdditions and realignment focused on driving future global growth Palo Alto, Calif. , November 30, 2006 –Visionael Corp., a leading provider of of IP service automation software, today announced key additions and a realignment of its leadership team to support rapid global growth. These moves follow the company's recently completed acquisition of Defero, a Swedish telecommunications software vendor. Joining the Visionael executive team and reporting to president and CEO Craig Nichols are: Leo Palmberg, vice president of service automation and business consulting; Gordana Cirkovic, vice president of product management and field operations; and Michael Cabot, vice president of marketing and communications. In addition, Visionael's general manager of EMEA and APAC, Laurence Malroux, was promoted to senior vice president of global sales and business development, in recognition of her success in expanding the company's international presence. "Visionael continues to experience rapid revenue growth, fast approaching 100 percent this year, and our license to service mix has enabled us to attain profitability that is among the best in our industry," said Nichols. "To continue our growth strategy, we have built a strong team of experienced leaders with expertise in helping companies take advantage of the converged world in which we now live. This talented group will help the company achieve its growth goals across multiple regions, and successfully compete in an increasingly vibrant but complex marketplace." Background on New Visionael Executive Staff Leo Palmberg was the co-founder and CEO of Defero prior to its acquisition by Visionael and now serves as vice president of service automation and business consulting. He brings a wealth of experience in sales and project management activities, and within two years of its founding, grew Defero into a profitable provider of operations support system (OSS) solutions for automating telecommunications operations. He also held various sales and management positions at Utfors AB, one of the world's first MPLS-based service providers. As vice president of product management and field operations, Gordana Cirkovic is responsible for Visionael's product line strategy and service organization, with the charter to deliver new OSS solutions. She previously worked at Cramer Systems (now part of Amdocs), where she focused on developing architectural and deployment strategies for major customers and system integrators. She is a 14-year veteran of the telecommunications industry and brings deep technical know-how in areas such as IP-MPLS, ATM, network management and OSS. With a proven 15-year track record in the marketing field, vice president of marketing and communications Michael Cabot heads up Visionael's marketing efforts. His particular area of expertise lies in identifying and capturing new market opportunities and promoting brand awareness to maintain a competitive advantage, all which will serve Visionael well as it continues to broaden into new markets. Prior to Visionael, he held senior management positions at Nokia, Palm, Sony, Sanyo and Reebok. About Visionael Visionael Corporation provides best-of-breed software and services that allow telecommunications service providers, network outsourcers, enterprises and government organizations to automate the rollout of network services over IP networks and to accelerate time-to-revenue and productivity. With Visionael software, network operators can more quickly design, provision and activate next-generation services — including voice, data, mobile and video offerings — all while reducing the complexities of managing large, advanced networks. The company has an extensive worldwide customer base, including Alpheus Communications, Comcast, EDS, Kaiser Permanente, IBM Global Services, Sprint and Vodafone. Channel, system integrators and other partners include Dimension Data, EDS, IBM Global Services, Logica and Pride. Visionael is a privately held company, headquartered in Palo Alto, California, with major development facilities in Tulsa, Oklahoma; Bangalore, India; and Gothenburg, Sweden. Sales offices are located throughout North America and Europe. For more information, please visit www.visionael.com, or call +1 650-470-8920. # # # Visionael® and the
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