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Actively Participating in the Telephony and Pre-Paid Calling Card Industries

PhoenixSoft Named "Best of Show" at ITEXPO EAST 2009

Cirrus Softswitch Platform Named “Best Service Provider Solution” Due to its Ability to Help

Service Providers Increase Revenue Through New Services and Applications

Phoenix, Arizona...February 9, 2009...PhoenixSoft, the leading provider of next-generation Softswitch platforms for converged networks, today announced that Technology Marketing Corporation (TMC) has awarded PhoenixSoft’s Cirrus Softswitch a “Best of Show” award in the highly competitive Service Provider category at ITEXPO East in Miami. PhoenixSoft was one of four companies to receive this prestigious award in the service provider category, amongst hundreds of companies that applied for the award.

PhoenixSoft’s Cirrus Softswitch brings advanced functionality to any legacy, TDM or VoIP environment, and it helps service providers increase their revenue by adding Class 5 features, and applications like prepaid calling card services; pin-less dialing; wholesale routing; voice mail; online payment processing; and customizable billing solutions for call rating, provisioning, customer care, and accounts receivables.

“Last week’s ITEXPO in Miami was one of the better attended trade shows we’ve seen in years, and we’re honored to receive the “Best-of-Show” award,” said PhoenixSoft co-founder Paul Amick. “I think TMC recognized what’s important to our customers - which is how Cirrus improves a service provider’s bottom line better than any other communications platform in the industry. This award is not about trendy capabilities, but rather, the value proposition of a highly reliable Softswitch application that delivers comprehensive Class 4 and Class 5 features on a single platform.”

“Outstanding companies like PhoenixSoft, and award-winning solutions like Cirrus help to validate ITEXPO's status as the leading product showcase and business forum in the communications industry,” said TMC President and Conference Chairman, Rich Tehrani. “Service providers came to last week’s ITEXPO in record numbers, because they know that innovative companies like PhoenixSoft can help their businesses today.”

At ITEXPO, PhoenixSoft unveiled two new programs designed to make it easier and more affordable for Service Providers to adopt and deploy the Cirrus softswitch, and all of its applications. For more information on PhoenixSoft’s new hosted solutions model with 24x7 support, or for more details on PhoenixSoft’s NACT customer Migration program, please visit www.phoenixsoft.com.

TMC’s INTERNET TELEPHONY Conference & EXPO Best-of-Show Awards recognize innovative products and solutions that were featured in the Exhibit Hall during the event. This designation serves to highlight the technological achievement and creative product features that set these winners apart from the rest of the crowd. INTERNET TELEPHONY magazine editorial staff evaluated more than 100 pre-show nominations, and met with vendors onsite to inspect and review the displayed products on the first day of the Expo. A full list of the winners is posted on TMC’s Web site at www.tmcnet.com.

About PhoenixSoft
Since 1985, PhoenixSoft has developed a long and distinguished track record within the telecommunications industry as an innovative provider of telephony solutions for converged networks. The company provides robust switching, enhanced features and innovative IP applications through its Cirrus Softswitch. In addition, PhoenixSoft offers integrated Billing and Retail Web Portal solutions. PhoenixSoft’s customized real-time multimedia telephony platforms deliver carrier-grade voice quality, reliability and scalability for service providers, carriers and business enterprises. The company has deployed its advanced switching solutions throughout North America, South America, Europe, Asia, the Middle East and Australia.  For more information, visit http://www.phoenixsoft.com.

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Contacts:

Media:

Todd Keefe

For Immediate Release PR

617-262-1968 x 101

todd@firpr.com

Product Inquiries:

Paul Amick

602-791-7345

925-373-9100

pamick@phoenixsoft.com

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Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs, and estimates as to projected market size are "forward-looking statements.'' Such statements are subject to certain risks and uncertainties and actual results could differ materially from expected results. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent or obligation to update these forward-looking statements.