Veraz Unlocks Speedy Return on Investment Replacing Nortel DMS and Other Legacy Switches

Veraz Networks, Inc. (NASDAQ:VRAZ) announced today that it has successfully migrated two billion minutes of legacy Nortel TDM switch traffic to the Veraz ControlSwitch™ Interconnect Solution. Leading, long-distance and data service providers have replaced their Nortel legacy DMS switches and/or other TDM switches with Veraz’s next-generation ControlSwitch, and have seen a total return on investment (ROI) in as little as six months, with ongoing operational expense savings. With the Veraz ControlSwitch, operators realize significant savings due to centralized management, routing flexibility, ease of maintenance and enhanced revenue opportunity due to application continuity and enhanced service creation. Veraz continues to advance the transition to IP networks by enabling operators to not only replace their legacy TDM switches but to integrate switched IP traffic into their networks and manage it in unparalleled granularity for maximizing revenues. The Veraz solution takes advantage of Veraz’s distributed architecture to enable operators to provide differentiated service level agreements that are available to all network connection types while improving the creation and management of security policies across large networks through an integrated SBC solution. Veraz provides a package offer which includes SBC ports when TDM ports are purchased, as well as training on IP peering. "Many operators are reaching the tipping point where direct IP to IP peering has become a ‘slam dunk’ business case vs. legacy interconnection architectures,” said Brian Partridge, Enabling Technologies Program Manager, Yankee Group. "Due to the complexities and evolutionary nature of TDM to IP migration, operators will value solutions that enable the management of a single network comprised of both legacy TDM and next generation IP services to control costs.” The Veraz ControlSwitch enables service providers to replace a network of monolithic switches with a single distributed softswitch. This distributed softswitch enables a single point of service creation and control across the network, whether TDM or IP. Network operators can configure, provision and monitor the network from a single, central point thereby reducing floor space requirements and simplifying upgrades and maintenance. Additional capacity and enhanced services can be added in specific geographic areas on an as-needed basis in order to increase revenue per subscriber. The Veraz replacement includes professional services engineering to design the appropriate solution, as well as performing installation and turn-up of services. The Veraz professional services team has extensive experience with deploying a wide variety of network interfaces and protocols. Veraz also offers support for decommissioning and cutover from the legacy switch to the ControlSwitch Interconnect platform. Leading local, long-distance and data service providers have successfully replaced their Nortel legacy DMS switches with Veraz’s next-generation ControlSwitch due to its ability to quickly and efficiently integrate with both legacy circuit-switched and new Internet Protocol (IP)-based application servers without disruption to services. "Customers quickly see the business case benefit from replacing older technology and large maintenance or service fees with IP-based switching infrastructure that enables them to lower their operational expenses and meet the growing requirements for IP interconnect,” said Doug Sabella, President and CEO of Veraz. Customers interested in learning more about the replacement program may contact a sales representative at salesoffer@veraznet.com. 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, future sales of Veraz products as a replacement for other vendor’s switches and the revenue associated with such sales and other risks and uncertainties 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 is set forth in our Registration Statement on Form S-1 filed with the SEC, including the "Risk Factors" section in our final Prospectus filed April 5, 2007 and Veraz' Quarterly Report on Form 10-Q for the quarter ended September 30, 2007 as filed with the Securities and Exchange Commission. These filings are available on a website maintained by the Securities and Exchange Commission at http://www.sec.gov. 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.