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Openet Adds to Exec Team

DUBLIN -- Openet, the leading provider of subscriber optimisation software supplying Transactional Intelligence for the world’s largest and most innovative network service operators, today announces an expansion of its executive leadership team across key areas within the company. Openet’s continued growth across its global base of customers, partners and staff is driving the expansion across finance, services, support, product development and sales.

Ms. Eimer McGovern has been appointed Openet’s CFO. Ms. McGovern is a Chartered Accountant who has worked at PricewaterhouseCoopers, The Electric Paper Company (EP) and ThirdForce Plc. Ms. McGovern also spent 10 years in various roles with DCC plc, including as finance director of DCC's supply chain management division servicing the IT industry. In October 2009, Ms. McGovern was appointed to the Contracts Awards Committee of the Broadcasting Authority of Ireland by the Minister for Communications, Energy and Natural Resources. At Openet, Ms. McGovern will be responsible for the Company’s finance function and corporate governance, and will also oversee global operations, facilities and administration.

“The addition of Eimer to our executive team, with her experience and skill set, will help propel Openet in 2010 and beyond,” said Niall Norton, CEO at Openet. “This appointment and the further expansion of our leadership team illustrate our growth and momentum, with this enhanced executive structure continually committed to providing the best solutions to our customers.”

Openet Telecom Ltd.

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