NexTone and Reef Point Complete Merger to Form NextPoint Networks

NexTone and Reef Point Complete Merger to Form NextPoint Networks

In a move that creates the world's first fully integrated fixed-mobile connectivity platform, NexTone Communications, Inc., and Reef Point Systems, Inc., today announced they have completed their merger to form NextPoint(TM) Networks. NexTone is the leading software-centric session border controller (SBC) and session management provider, and Reef Point is the leading mobile-access universal convergence gateway provider.

Building on the strength of NexTone's established global footprint of SBC and session management technologies, and incorporating Reef Point's unparalleled mobile-access capabilities, NextPoint will continue to serve fixed, mobile and fixed-mobile convergence (FMC) operators around the world through its established and growing partner base. The company currently supports an expanding footprint of over 550 wholesale carriers and service providers, as well as a number of large, global enterprises and an increasing number of mobile service operators worldwide through its strategic partners.

"NextPoint unlocks enormous value for operators, service providers and large enterprises around the world with solutions that simplify network-element deployment and management. These solutions provide unmatched security on the access and core network edges, and scale to support the exploding number of IP sessions and interconnects in both the fixed and mobile worlds," said Woody Ritchey, CEO of NextPoint. "With an outstanding team in place and proven technologies, we'll continue to innovate, and we look forward to working closely with our customers and partners to create even greater revenue and growth opportunities in an exciting new year."

The company is accelerating its growth with a $20 million round of funding, announced in December 2007 and led by One Equity Partners, the private equity arm of JPMorgan Chase (NYSE: JPM). Also joining the round were American Capital (Nasdaq: ACAS), Core Capital Partners, Jerusalem Venture Partners, Safeguard Scientifics (NYSE: SFE) and Summerhill Venture Partners.

NextPoint Product Suite Speeds Delivery of New Voice, Data and Video Services over All-IP Networks

NextPoint's unique intelligent-edge solutions provide critical session management and IP security capabilities to alleviate the complexity and cost of deploying secure fixed and mobile network connectivity and accelerate the rapid delivery of new services to subscribers. Helping operators remain competitive and profitable into the future, NextPoint's solutions enable a number of benefits:

-- Unlock the value of mobile IP, including mobile VoIP

-- Deliver the content and services subscribers want, over the broadest range of networks

-- Maximize subscriber reach

-- Enable maximum revenues

-- Ensure the highest levels of security - and of QoS - at the lowest CAPEX and OPEX

-- Protect core networks

-- Expand transport network options

NextPoint's IntelliConnect(R) System consists of the following products:

-- Integrated Border Gateway

-- Real-time Session Manager

-- Session Border Controller

-- Multiprotocol Session Exchange

-- Femtocell Gateway

-- Wireless Gateway