Mavenir Systems Announces Agreement to Acquire Airwide Solutions

By Mavenir Systems, PRNE
Sunday, May 29, 2011

RICHARDSON, Texas, May 30, 2011 -

- Extends the 4G/LTE network transformation vision with global reach and
scale

Mavenir Systems, the leading innovator of mobile infrastructure solutions
for LTE operators, today announced the acquisition of privately-held Airwide
Solutions, the leading provider of mobile messaging solutions. This
acquisition positions Mavenir as a strong global force fully capable of
enabling mobile operators to transform their core network and launch
converged voice, video and messaging services over LTE.

"With this acquisition, Mavenir Systems will strengthen its already
advanced product portfolio and will be well positioned to support global
mobile operators in their evolution to 4G networks," said Pardeep Kohli,
president and CEO, Mavenir Systems. "Our increased global presence and our
combined experience will instill a greater confidence in our customers as
they rely on Mavenir to launch innovative LTE services quickly and cost
effectively."

Airwide's employees and product portfolio will be fully integrated into
Mavenir. Airwide brings to Mavenir a strong team that understands the global
mobile messaging market. The combined company is now positioned to deliver a
strong portfolio of LTE solutions to Airwide customers across each of the
major regions of the world.

The recent Series E funding just announced will fuel Mavenir's continued
expansion into fast-growing 4G/LTE markets and ensure we maintain the highest
level of support services for our customer base. This acquisition is a key
part of that growth strategy increasing our footprint to 120 mobile operators
worldwide.

"We look forward to helping our combined customers in their transition to
LTE with products such as our recently announced trio of Voice over LTE
(VoLTE) solutions," added Kohli.

About Mavenir:

Mavenir Systems, Inc. provides mobile infrastructure solutions to mobile
operators looking to deploy LTE communications services. Mavenir offers the
most complete portfolio of convergence applications and solutions to power
new Mobile Cloud Services such as Converged Voice solutions for Voice over
LTE (VoLTE), Mobile VoIP and Mobility; Converged Messaging solutions for
SMS/MMS over LTE, Rich Communications Suite (RCS, RCS-e) and Converged IP
Messaging (CPM); and Converged Video solutions provide Mobile Video calling
and conferencing. These solutions are based on Mavenir's carrier-grade
mOne(TM) Convergence platform.

www.mavenir.com

    NA Contact:
    Kathrine Dela or Valerie Christopherson
    Global Results Comms
    +1-949-608-0276
    mavenir@globalresultspr.com

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