Honolulu, HI - June 25, 2002 — Inovaware Corporation, a leading provider of billing and customer management software for the next-generation Internet services and communication industry, today announced that Verio Europe, a subsidiary of the world’s largest telecommunications company NTT Communications, has implemented its PRISM™ platform to support the company’s Pan-European operations.

PRISM will enable Verio Europe to effectively manage customer accounts and bill for a variety of services, from simple hosting to complete IP solutions and outsourcing services for large enterprises and multinationals. In addition, PRISM will provide full support for European tax structures, multi-currency billing - including the Euro - and automated reseller management to run Verio’s large reseller channel.

“As the world’s leading web hosting company, Verio offers an unmatched mix of world-class network infrastructure, operational excellence and product innovation leadership,” said Moos Bulder, President Europe at Verio. “To meet the requirements of the most demanding enterprises, we have developed a strong OSS/BSS infrastructure that delivers scalability, reliability and performance. By automating billing and customer management operations, PRISM fits well into our state-of-the-art OSS/BSS. The system’s flexibility will play a key role in enabling us to bring innovative services to market in record time.”

PRISM equips service providers (xSPs) like Verio with a comprehensive business platform to profitably launch services, efficiently manage customers, and rapidly collect revenue. The automated platform can be easily integrated with other legacy systems by leveraging the flexibly of PRISM’s standards-based APIs, resulting in very rapid ROI.

“The selection of PRISM by an industry leader such as Verio is a strong endorsement of our billing know-how in the evolving hosting market,” said Marc Rapoza, CEO at Inovaware. “Inovaware provides a scalable and flexible billing solution that fits well into Verio’s operational excellence and product innovation strategy. At the core, our technology is designed to support very complex service offerings and ever changing business models. As a result, our platform effectively minimizes technology risks and reduces long-term cost of ownership for our customers. We will continue to work closely with Verio as they break new ground in the hosting industry.”

ABOUT INOVAWARE
Inovaware Corporation is a leading business systems provider for the Internet industry. With over 300 clients worldwide, Inovaware provides advanced billing and customer management software to ISPs, ASPs, broadband services, content providers and other next generation service providers. Inovaware's Synchronized Business Infrastructure is the only framework that integrates separate customer-centric operations such as billing, customer management and helpdesk processes into one centralized system –lowering overall cost and time-to-implementation. Customers include Morningstar, salesforce.com, j2 Global Communication, NetTime (an NTT DoCoMo company), and Affinity. More information about Inovaware and its products can be found at the company's Web site www.inovaware.com.

ABOUT VERIO
Verio Inc. is a wholly owned subsidiary of NTT Communications (NTT Com), which provides long distance and international telecommunications reaching over 200 countries worldwide. Verio is one of the world's largest Web hosting companies and a leading provider of global IP services. The company provides Web hosting, managed services, e-commerce, virtual private networks and dedicated access to customers in more than 170 countries and supports its operations with a global infrastructure including a Tier One network. Verio markets its products and services in Europe through its UK, French, Spanish and German subsidiaries. The combination of Verio and NTT Com offers Internet services to meet the growing and diverse needs of all businesses, including large global enterprises, multi-national corporations, and small to medium enterprises.