AGNITY, Inc., a leading provider of applications, solutions and services to mobile and fixed line service providers and enterprises, announced today that Fonet Global, a provider of Internet telephony services for business and residential consumers, will launch a new family of long distance services using the AGNITY ACONYX™ Prepaid Applications Suite. The ACONYX Prepaid offering has enabled Fonet to add prepaid services to its product portfolio and provide prepaid long distance and local calling throughout Mexico and 5 countries in Latin America starting in January 2010.

Basing its global operations at its Dallas headquarters, Fonet will employ a network marketing/multilevel marketing strategy in the United States, Mexico, Latin America and other emerging markets such as India and Eastern Europe, which will enable the company to expand its IP and prepaid services exponentially throughout the world. Fonet claims that its marketing strategy is the first complete telecom services offering with last-mile IP origination, softphone, and local DID dialing and conferencing services in the world.

AGNITY began the implementation phase of the ACONYX Prepaid solution in November 2009. In January 2010, Fonet will deploy a variety of prepaid cards and PINs for services in several countries. Rapid deployment of applications, like prepaid and its management apps, is made possible with the ACONYX service-oriented communications architecture (SOCA) framework. With the ACONYX framework, AGNITY enables service providers to quickly deploy next-generation applications and services over converged networks.

“Prepaid services are driving phenomenal growth of minutes use worldwide, and service providers are eager to tap the incremental revenue potential that prepaid services offer,” said AGNITY CEO Sanjeev Chawla. “The approach we’ve taken with Fonet Global enables them to quickly meet this high demand in a growing market with a flexible marketing and service strategy.”

Prepaid offers a way to deliver service with upfront cash flow and without the overhead associated with billing and collections. To capitalize on the vast prepaid service revenue potential in the subscriber market, service providers need a cost-effective IP-based prepaid solution they can deploy quickly and efficiently. The AGNITY ACONYX framework provides a flexible environment for rapid application creation across multiple application servers and the development and deployment of multiple communication services over any service delivery platform.

“Prior to selecting AGNITY as our partner for this implementation, we were familiar with their application deployment strategy and framework,” said Fonet Global CEO Hector Terrazas. “We knew how they did things and we were right to believe they could provide a solution for our new IP-based prepaid services faster and more cost-effectively than other suppliers. The prepaid services we provide will help both business and residential consumers control and better manage their communications and costs.”

AGNITY’s open and flexible prepaid solution enables service providers to quickly and cost-effectively deploy revenue-generating prepaid services over today’s converged networks. ACONYX Prepaid can be globally deployed, supporting national and international call formats, with a broad range of applications across VoIP and mobile networks. The solution supports wholesale/reseller models, residential prepaid and online recharging and is ideal for traditional telco and mobile networks, MVNOs and stored-value provider networks. The platform is scalable to millions of subscribers.

Fonet Global has a license contracted with AGNITY for up to 2,000 simultaneous sessions, with an option to increase its license to 10,000 simultaneous sessions. With implementation underway, Fonet will market and deploy prepaid services over the AGNITY solution beginning in January 2010.

About Fonet Global

Founded in 2001, Fonet Global is a leading provider of VoIP services for residential, business and wholesale customers, including WorldFone™ VoIP services and skIP™, a technology adapter that enables IP calling and features without the need for an Internet connection. Based in Dallas, Fonet Global has sales offices in Mexico, Peru and Argentina. For more information, see www.fonetglobal.com.

About AGNITY, Inc.

AGNITY is a global applications and consulting services company dedicated to helping service providers, network equipment manufacturers, and businesses design, develop and deploy application solutions. AGNITY ACONYX™ is the industry’s leading Service-Oriented Communications Architecture (SOCA) enabling communication service components to be rapidly and cost-effectively deployed within the applications infrastructure. The company is headquartered in Silicon Valley with development centers in Plano, Toronto and Noida, India. AGNITY is one of the only companies of its kind that has deployed next generation application solutions and provided application services to over 50 customers worldwide. For more information, visit www.agnity.com.

AGNITY®, the AGNITY® logo, ACONYX™, ACONYX Next-Gen IN™, ACONYX™ Mobile, ACONYX™ Prepaid, and combinations thereof are trademarks of AGNITY, Inc. All rights reserved.