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Veraz Networks, Inc. (NASDAQ: VRAZ), a leading global provider of IMS-based IP softswitch and media gateway solutions, today announced the availability of its latest release of its ControlSwitch Interconnect�. Rather than maintain duplicate networks, service providers can now lower costs by migrating Intelligent Network (IN) service platforms as well as PSTN transport and peering signaling to IP. Additionally, advanced Quality of Service (QoS) routing improves revenue assurance through the enforcement of network-wide agreements. �In the initial stages of the transition of the public voice network to IP, the focus has largely been on migrating the voice transport links and voice switches,� said Shirley Hunt, Strategic Analyst at Frost & Sullivan. �As a switch and transport network migration to IP proceeds, it is no longer cost-effective to rely on the traditional signaling networks, service databases and service platforms that are used by traditional voice switches.� The ControlSwitch-IC is an IP softswitch that provides a smooth migration path from existing PSTN voice networks to IMS by enabling the interconnection of any mix of traditional and IP-based voice networks. Major enhancements include: New Directory Services Element: The element adds application layer capabilities, enabling the transition of IN-based services to IP which improves operational costs and flexibility of the services themselves. For example, large databases containing hundreds of millions of numbers such as screening databases for the National Do Not Call Registry and number mapping databases such as nationwide local number portability and telephone number mapping (ENUM) can be migrated over to IP. Advanced QoS-based Routing Module: This module allows service providers to meet custom service level agreements (SLAs) by measuring network quality fluctuations and dynamically enforcing network-wide routing policies. It also improves revenue assurance by being able to charge a premium for meeting priority levels of service. New Signaling Element: The element lowers the cost of signaling by enabling the efficient backhaul of PSTN signaling over IP via M3UA, an industry standard signaling transport protocol. The ControlSwitch-IC can now connect directly to standards compliant IP signaling gateways and IP based STPs thus enabling operators to avoid the cost of separate PSTN signaling backhaul networks. Additionally, to simplify the move to direct IP peering between service providers the ControlSwitch-IC now supports industry standard IP signaling that preserves important information from traditional PSTN SS7 signaling that for example, identifies how a video call travels across different carrier networks. �As service providers transition to IP, Veraz makes the transition easier, preserving both functionality and investment in legacy SS7 infrastructure, while enabling a fundamental shift to IP,� said Doug Sabella, CEO of Veraz. �Whether by increasing protocol support, IN based services or adding intelligence into routing policy, Veraz is committed to providing service providers with what they need to be competitive in today�s communications landscape.� ControlSwtich-IC supports PSTN signaling backhaul over IP based on the Message Transfer Part 3 User Adaptation (M3UA) protocol, an industry standard. SIP-I is a supported industry standard which is used to support direct IP peering between carriers in a way that preserves traditional PSTN signaling. About Veraz Networks, Inc. (NASDAQ: VRAZ) Veraz (www.veraznetworks.com) is a leading global provider of IP softswitches, media gateways and digital compression products that enable voice, video and other multimedia services. Wireline, broadband and wireless service providers in over 50 countries have deployed Veraz�s IP product suite to transport, convert and manage voice and multimedia traffic over both legacy and IP networks. Veraz products allow service providers to quickly and efficiently migrate from traditional voice networks to all-IP, fixed-mobile and multimedia networks consistent with emerging IMS standards. This press release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. These forward-looking statements involve risks and uncertainties, as well as assumptions that if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to, potential sales of new ControlSwitch features and the benefits to customers described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Veraz� business are set forth in our Registration Statement on Form S-1 filed with the SEC, including the �Risk Factors� section in our final Prospectus dated April 4, 2007 as well as our Form 10-Q filed with the SEC on May 15, 2007. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.