NetworkIP and Managed Prepaid Team to Provide Integrated e-Business Solutions

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NetworkIP and Managed Prepaid Team to Provide Integrated e-Business Solutions. Strategic relationship will offer prepaid services resellers a complete online solution.

– NetworkIP, a leading telecommunications services provider, and Managed Prepaid, a leading e-commerce software provider geared for the prepaid calling card market, today announced a strategic relationship to address the growing demand for integrated e-commerce solutions for prepaid providers.

As part of the agreement, Managed Prepaid will offer its manageIT eCommerce website application to all of NetworkIP’s customers seeking an automated, comprehensive and proven system for companies that are serious about doing business online.

The new solution fully integrates manageIT eCommerce, a full-featured e-commerce storefront package, with the NetworkIP voice and data services platform. Managed Prepaid will prepare the online store and handle the setup process allowing the distributor to focus on other business initiatives. The manageIT eCommerce system is flexible and allows companies to customize the system and take advantage of core business capabilities and differentiate their business from those of their competitors.

“Together with NetworkIP, Managed Prepaid can take our products to broader markets and drive the adoption of our technology. NetworkIP is known for leadership in the prepaid telecom services industry, and we have great expectations for this partnership to have a significant effect on our company’s growth,” said Silas Peterson, Founder and Director of Managed Prepaid. “Not only are the complementary technologies a great fit, but both companies are committed to combining our solutions in innovative ways for the benefit of our customers.”

“The NetworkIP team and our customers are excited about our new offering that includes Managed Prepaid software solutions,” said Pete Pattullo, NetworkIP President and CEO. “Today’s prepaid market demands end-to-end integrated solutions that allow our customers to establish, maintain and grow their businesses online, and Managed Prepaid’s software application was a logical match for NetworkIP’s platform.”

The combination of these two powerful technologies allows a prepaid card distributor access to a strong and robust online presence. Customers can securely manage and maintain their manageIT eCommerce website with no additional programming skills. Advanced features available through the integrated application include Real-Time PIN Recharge, Auto-Recharge, Pin-less Dialing, CDR’s and more.

Managed Prepaid will be demonstrating the manageIT eCommerce solution in NetworkIP’s booth #200 at the upcoming InteleCard Expo, September 22-23, 2004, in Las Vegas.

About Managed Prepaid

Managed Prepaid is a business consulting and technology services firm dedicated to providing high value e-business products, e-marketing, and support services to companies operating inside the global prepaid and stored value markets. A business unit of parent company Blutique®, Managed Prepaid has developed a wide array of e-commerce and customer self-service applications which are fully integrated with the leading prepaid platforms. Via the company’s in-depth understanding of the industry and the flexibility of the applications, Managed Prepaid clients can easily interface with multiple prepaid debit platforms, CRM’s, and other external applications.

Headquartered in New Orleans, Louisiana, Managed Prepaid works with clients across the globe looking to streamline business operations and increase revenues via the web.

More information about Managed Prepaid can be found at http://www.managedprepaid.com or by calling 1-866-670-9832.

About NetworkIP

NetworkIP is an industry leading provider of converged communications platform services. The company serves voice and data product distributors, resellers, CLECs, LECs, ISPs, IXCs, CAPs and cable and utility providers. The company has created the first large scale eCommunications network, bringing together the best in class switching, computing hardware, data storage, IP networking and software development methodology via a web-based interface. NetworkIP customers are able to run their entire business on NetworkIP’s platform – from facilities to billing to back office – just as if they owned their own switch with no capital or back office investment.

Enhanced services provided by the company include Prepaid Calling Cards, ANI as PIN, Prepaid Internet, Prepaid Conferencing, Personal Toll-Free services, Tandem Carrier services, and eCable High-Speed Internet service.

More information about NetworkIP can be found at http://www.networkip.net or by calling 1-800-605-2577.

Contact:

Silas J. Peterson                

Managed Prepaid            

silas@managedprepaid.com

866.670.9832

Karen Rynes

NetworkIP

krynes@networkip.net

214.800.4865

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Silas Peterson