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  OPENWAVE TRANSITIONS ITS ASP OPERATION TO IBASIS
 

  Unified Messaging Hosted Customers Migrated To World-Class Partner
 
REDWOOD CITY, Calif. - May 29, 2001 -- Openwave Systems Inc. (Nasdaq: OPWV), the worldwide leader of open IP-based communication infrastructure software and applications, today announced that it has signed an agreement with iBasis, Inc. (Nasdaq: IBAS), the leader in advanced Internet-based voice communications, where iBasis assumes the application server provider (ASP) operation and support of the Openwave™ Unified Messaging hosted customers. Previously, Openwave served as the host for its network operator customers who chose to outsource their unified messaging solution. The company will receive licensing fees from iBasis for the use of the Openwave Unified Messaging software. The move to transition the ASP business frees up valuable Openwave resources that can be redeployed to focus on the company's core product software business, including communications services such as email and unified messaging.

Under the terms of the agreement, iBasis has assumed ownership of 20 Openwave service centers, including a data center in Santa Clara, California, and 19 other service facilities in the US and Canada. Communication Service Providers using the Openwave ASP Unified Messaging solution have been transitioned to iBasis, which has integrated the Openwave Unified Messaging application into its VoCore™ solution.

"For those customers who desire the benefits of a hosted Unified Messaging solution, iBasis has the right world-class operational capability to support them, " said Marc Linden group vice president of Openwave. "We have broadened our relationship with iBasis so that our customers have the power of choice-the option to license the Openwave Unified Messaging solution directly from Openwave or to procure it via an ASP model through iBasis. By transitioning our ASP operation, we are able to focus our resources on our core product software business and ensure that all of our customers continue to get the best possible solution for their Unified Messaging business needs."

"iBasis and Openwave share a common belief in the benefits that enhanced services provide carriers in today's increasingly competitive global telecommunications market," said Ofer Gneezy, president and CEO of iBasis. "iBasis has combined Openwave's best-of-breed messaging applications with our proven ability to provide innovative communications services to the world's largest carriers. We look forward to working jointly with Openwave to market this ASP option to wireless and wireline carriers worldwide."


About Openwave
 
Openwave Systems Inc. (Nasdaq: OPWV) is the worldwide leader of open IP-based communication infrastructure software and applications. Openwave is a global company headquartered in Redwood City, California. For more information, please visit www.openwave.com.

About iBasis
 
Founded in 1996, iBasis (Nasdaq: IBAS) is the leader in advanced Internet-based voice communications. iBasis delivers toll quality international voice services and provides the infrastructure for hosted communications solutions, including messaging and speech-enabled content, e-commerce and customer service applications. The company's customers include many of the largest enterprises and carriers in the world, including AT&T, Cable & Wireless, China Mobile, China Unicom, Concert, ExxonMobil, Gannett, H&R Block, Home Shopping Network, Morgan Stanley, NTT, Telstra, Sabre Group, Sprint, Western Union, WorldCom, and Verizon. iBasis' hosted, enhanced service solutions include SpeechPort™, a scalable, customizable ASP environment for speech-enabled business solutions, VoCoreSM messaging and the IP CallCard™ pre- and post-paid calling card platform. The iBasis Network is the world's largest international Cisco Powered Network for Internet Telephony and the first to receive the Unified Communications-Cisco Powered Network (UC-CPN) designation. iBasis is listed in both the Russell 2000® and Russell 3000® Indexes. The company can be reached at its worldwide headquarters in Burlington, Mass., USA at 781-505-7500 or on the Internet at www.ibasis.com .


Cautionary Note Regarding Forward Looking Statements
 
This release contains forward-looking statements relating to expectations, plans or prospects for Openwave Systems Inc. that are based upon the current expectations and beliefs of Openwave's management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, the following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: (a) the ability to make changes in business strategy, development plans and product offerings to respond to the needs of our current, new and potential customers, suppliers and strategic partners; (b) risks associated with the development and licensing of software generally, including potential delays in software development and technical difficulties that may be encountered in the development or use of the Company's software; (c) the ability to successfully partner with other companies; (d) competition and technological changes and developments; and (i) general risks of the Internet and wireless and wireline telecommunications sectors.


For a detailed discussion of these and other cautionary statements, please refer to the risk factors discussed in filings with the U.S. Securities and Exchange Commission (“SEC”), including but not limited to Openwave's Quarterly Reports on Form 10-Q for the quarters ended December 31, 2000, and March 31, 2000, Phone.com’s and Software.com’s most recently filed Annual Reports on Form 10-K, and Phone.com’s registration statement on Form S-4 as filed on October 10, 2000. All documents also are available through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Openwave’s Web site at www.openwave.com. The Company assumes no obligation to update the forward-looking statements included in this document.



 
Openwave, the Openwave logo and the family of terms carrying the "UP." prefix are trademarks of Openwave Systems Inc. All other trademarks are the properties of their respective owners.

For further information:
 
Contact Openwave Worldwide Public Relations

 



 
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