STERLING, Va. -- NeuStar, Inc. (NYSE:NSR) , a provider of essential communications services to the global communications and Internet industry, announced today that it has acquired Followap, Inc., a UK-based leading provider of mobile instant messaging (IM) products in Europe and Asia, for approximately $139 million in cash. NeuStar projects Followap revenue to exceed $25 million in 2007 and to more than double in 2008. NeuStar affirmed the 2006 full-year guidance issued on November 2, 2006, and confirmed that the acquisition of Followap did not impact its 2006 guidance.

Followap is a leading provider of next-generation communications solutions for network operators, delivering interoperability between operators and Internet portals in five different functional areas: instant messaging, presence, multimedia gateways, inter-carrier messaging hubs, and services for handset clients. Working with Europe's leading mobile and fixed-line operators, Followap has a customer base of 17 mobile network operators (MNOs) that have over 160 million subscribers. Customers, such as Vodafone, Turkcell, 3 Group (Hutchison), Wind and Mobinil, all rely on Followap to provide them with innovative solutions to implement the operator-based, Personal IM service, as well as to provide mobile access to leading Internet IM portals.

Neustar Inc. (NYSE: NSR)