MetaSwitch 2Q07 update

• Reported revenues of over $12 million for the quarter

• For the first time MetaSwitch shipped to all four regions, North America, CALA, Asia Pacific and Europe, in the same quarter

• During the quarter MetaSwitch added 18 new customers, a mix of ILECs/IOCs, CLECs and MSOs

• Total number of service provider customers as of 2Q07: 250
• All customers are deploying VoIP

• All sales are direct

• Total switch deployments as of 2Q07: over 400

• Key announcement for the quarter was introduction of MetaSphere, a service delivery platform (SDP) designed specifically for telecommunications applications.