TELEMAC AWARDED MULTIPLE PATENTS

Telemac’s Global Patent Portfolio to Reach 73 Patents in 30 Countries

LOS ANGELES, CALIFORNIA – May 14, 2007 – Telemac Corporation, the global leader in network-edge real-time accounting and billing technologies for the wireless industry, has been awarded additional patents and allowances in the United States, Canada, China and Russia.

With the issuance of these patents, Telemac will have 73 patents in 30 countries and more than 70 patents pending in 38 countries, including 14 patents in the United States and its first patents in Canada and Russia.

United States: The United States Patent Office has granted Telemac a patent allowance that covers methods for activating, assigning telephone numbers to, and replenishing the accounts of, prepaid and cost controlled wireless devices. The patent also covers systems for restricting wireless device usage to an allowed number of calls or allowed cumulative airtime. The patent also covers systems with terminal-based accounting that store and communicate call data to a host processor. The later feature is useful in reconciliation processes used for fraud detection. The features of the invention are included in Telemac CostControl® technology. The allowance should mature into a patent in about 90 days.

Canada: The Canadian Patent Office has granted Telemac an allowance for its first patent in Canada. The patent will be a counterpart to Telemac's U.S. Patent 6,480,710 and includes reconciliation processes used in Telemac Prepaid Technology® for fraud detection. The allowance should mature into a patent in about 90 days.

China: Telemac has been granted its second Chinese patent. The Chinese patent covers a system by which a wireless user may pay for various transactions using multiple wallets. The system would permit a wireless user to maintain separate accounts for business calls, personal calls, and purchase transactions. This invention enables users to easily manage their complex mobile lifestyles from within a single wireless device. The features of this invention are included in Telemac ABS™ technology, as well as other products being developed by Telemac.

Russia: Telemac has been granted an allowance for its first Russian patent. The Russian patent covers 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 allowance should mature into a patent in about 90 days.

Kenin M. Spivak, chairman and CEO of Telemac, said: "The increasingly powerful scope of Telemac's global patent portfolio is testament to Telemac's pioneering efforts and continuing innovations in the field of wireless billing. As demonstrated by Telemac’s recent announcements of global channel partnerships with industry icons such as Bull and Convergys, and licenses in Africa, China and the United States attest, the industry is increasingly taking note of Telemac's accomplishments. I am proud of Telemac unique position in the intellectual property rights necessary for network-edge and device-based service control, rating, metering, settlement and collections, 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.

About Telemac:
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 25,000,000 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. The names of companies and products mentioned herein may be the trademarks of their respective owners.

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