TELEMAC AWARDED MULTIPLE PATENTS
Telemac’s Global Intellectual Property Rights Grow Stronger

LOS ANGELES, CALIFORNIA – August 1, 2006 – Telemac Corporation, the global leader in network-edge real-time accounting and billing technologies for the wireless industry, announced today that it has been awarded additional patents and allowances in the United States, Korea, India, and the Philippines.

The United States Patent Office has issued Patent No. 7,058,386 (the ‘386 patent) to Telemac, covering systems to facilitate programming phones throughout the distribution chain, including simultaneously programming multiple phones such as prepaid phones, credit-limit phones, and phones that store call detail information. The ‘386 patent is Telemac’s 13th U.S. patent.

The Korean Patent Office has issued Telemac its second Korean patent (Korean Patent No. 573532), covering a network-edge prepaid wireless system. This patent, the counterpart to Telemac's U.S. Patent No. 6,480,710, complements Telemac's previous Korean patent (Korean Patent No. 419109). The features of these inventions are included in Telemac Prepaid Technology®.

The Indian Patent Office has granted Telemac an allowance for a patent covering a method and system to determine a charge for a data communication session between a network and a wireless device. The invention includes a data-rating application that resides in the wireless device. The features of this invention are included in Telemac ABS™ technology.

The Philippines Patent Office has granted Telemac an allowance for a patent covering a system for metering and rating a wireless data communication session, which is a counterpart to Telemac's U.S. Patent No. 6,725,031. The system includes a data-rating application that resides in a router connecting a wireless device to a network. The features of this invention are included in Telemac ABS™ technology.

Kenin M. Spivak, chairman and CEO of Telemac, said: "The steady growth in Telemac’s global patent portfolio is testament to the broad recognition of Telemac’s pioneering efforts and continuing innovations in the field of wireless billing. Telemac's patent portfolio now includes 65 patents in 27 countries, including 13 patents in the United States and 52 patents issued by virtually all major wireless markets throughout the world. Telemac also has more than 70 patents pending in 38 countries. Telemac has a unique position in the intellectual property rights necessary for network-edge and device-based rating, metering, settlement and collections for pre-paid wireless services and service control, as well as related technologies.”

Telemac’s technology solutions provide unique user and operator benefits such as simplified real-time service control, billing and accounting, international roaming and user-friendly account management tools. Telemac’s solutions also generally result in substantial reductions in capital and operating costs when compared to competing solutions.
Telemac Corporation is the global leader in advanced network-edge real-time accounting, billing, and payment processing technologies for the wireless industry. The Telemac Advantage® solution includes a real-time prepaid billing system and adjunct systems enhancing BSS/OSS for prepaid and post-paid voice and data services operating on 2G, 2.5G, and 3G networks. The Telemac SCPEdge™ solution provides real-time network-edge benefits for online charging billing platforms. Telemac technology is protected by worldwide patents and is licensed to wireless operators on five continents, five of the top six handset manufacturers and three of the top four SIM manufacturers, among others. More than 22,000,000 Telemac-enabled® mobile phones have been sold worldwide. For more information, visit www.telemac.com.

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Any statements released herein that are forward-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements involve risks and uncertainties, which may affect business prospects and performance. Actual results may differ materially from the results predicted, and reported results should not be considered an indication of future performance. Potential risks and uncertainties may include economic, competitive, governmental, technological, or other factors.

Telemac® is a registered trademark of Telemac Corporation. All other trademarks are the property of their respective owners. © Copyright Telemac Corporation 2006. All Rights Reserved.