MetaSwitch 3Q07 Update

• Reported revenues of over $18.9 million for the quarter. All sales are direct. Shipments predominantly to North America

• During the quarter MetaSwitch announced 2 new customers. Total number of service provider customers as of 3Q07: 280.

• Merged with applications division of parent company Data Connection. Total number of customers after merger: 320

• Passed 500 platforms deployed. Nine of the top 50 ILECs have deployed MetaSwitch’s softswitch. MetaSwitch announced it has over 100 CLEC customers in North America

• Total shipments of Class 5 switching capacity passed the 10 million subscriber mark