VimpelCom (Beeline) Selects Revenue Assurance Software from WeDo Soft, delivered in partnership with Accenture

Paris , 23 May 2005 - WeDo Soft, a leading provider of software solutions for the communications & media markets, announces a new three-party contract with Accenture, to implement its Revenue Assurance solution (RAID) at VimpelCom (Beeline), the 2 nd largest mobile operator in Russia . WeDo Soft's RAID solution has been configured to meet the specific requirements of this major and fast-growing mobile operator (31.2 million subscribers as of April 14, 2005).

RAID is a complete end-to-end Revenue Assurance solution, enabling VimpelCom to implement automated and integrated Revenue Assurance control processes. The RAID-solution addresses VimpelCom's requirements in maintaining the consistency and coherency between their entire BSS, OSS and network systems and, therefore, allows VimpelCom to rigorously control revenue leakage and improve profitability. The benefits that RAID is delivering to its strong customer base worldwide make it a leading solution for Revenue Assurance.

Accenture, an experienced partner of WeDo, has worked together with VimpelCom to implement RAID by delivering expert consultancy and project management services. Accenture's expertise and qualified staff contributed significantly to facilitate the seamless RAID project installation in only 3 months.

“We have been working with our own Revenue Assurance processes and home made tools for the past two years. Despite the good results achieved we knew that automatic reconciliation of CDRs from switch to bill would be crucial for further revenue improvement initiatives. We chose the RAID solution by WeDo following a careful evaluation process of its comprehensive state-of-the-art technology, high performance and flexibility” stated Leonid Khokhlov, Revenue Assurance project manager at VimpelCom. “By using RAID, we are now able to systematically process CDR's and to efficiently monitor our revenue streams. We are convinced that the combined expertise of WeDo and Accenture will ensure RAID's success for VimpleCom.”

Miguel Lopes, Regional Account Manager of WeDo Soft added, "We are proud that our proven RA solution, RAID, has been selected by such a prominent operator in the rapidly growing Russian market. Due to its performance, scalability and flexibility we are sure that RAID will help VimpelCom meet all their needs and requirements in the area of Revenue Assurance. The selection of RAID by VimpelCom sets another example of telecom operators' preference for, and confidence in, WeDo's RAID-solution.

WeDo Soft will be presenting RAID, as well as other solutions developed specifically for the media and communications market, at the 5 th Annual Vision in Business (Rev. Assurance & Cost Management) Conference, to be held in London on 25-26 May 2005.

About RAID
RAID is an important tool for any wireline and wireless telecom operator worldwide that wishes to terminate revenue loss due to data inconsistencies between their different systems, such as network components, operational systems and business support systems. RAID is a modular solution: offering Platform Integrity; Revenue Control; and Events Control.

The RAID-solution allows the definition and implementation of Revenue Assurance processes most appropriate to each technological infrastructure and business requirement, saving operators' effort on time-consuming tasks and allowing them to dedicate all resources to performing root cause analysis.

About VimpelCom (Beeline)
VimpelCom (NYSE: VIP) is a leading provider of telecommunications services in Russia and Kazakhstan . The Company operates under the 'Beeline' brand in Russia and “Beeline”, 'K-mobile' and 'EXCESS' brands in Kazakhstan (www.beeline.ru).

The VimpelCom Group's license portfolio covers approximately 94% of Russia 's population (136 million people), including the City of Moscow , the Moscow Region and the City of St. Petersburg , as well as the entire territory of Kazakhstan .

VimpelCom was the first Russian company to list its shares on the New York Stock Exchange (NYSE) in November 1996. Its ADSs (American Depositary Shares) are traded under the symbol "VIP".

About WeDo Soft
WeDo Soft, a division of WeDo Consulting, is a leading provider of software solutions for the communications & media markets. With an international presence in Portugal , Spain , Germany , UK and Brazil , WeDo Soft is an ISO9001: 2000 certified organization, and a member of the GSM Association, as a provider of applications and systems.

New WeDo Soft office in London

After recently having opened new offices in São Paulo and Düsseldorf, London is the next strategic step for WeDo Soft, a leading provider of software solutions for the communications and media markets. This step closer to the Northern European and British market is a priority in WeDo Soft's business strategy, designed for the international market in 2005.

“The inauguration of the new London office reinforces our position as a strategic player on the telecommunication market. By having physical presence in this market, we are positioning ourselves in yet another area, geographically relevant for the expansion of our business”, declares João Valente, recently appointed responsible for the Northern European market. “Being close, on the spot, gives us greater capability to detect and trigger new business opportunities and partnerships.”

WeDo Soft's continuous expansion has given the company a strong presence on the international telecommunication arena. Today, WeDo Soft has offices in Portugal ( Lisbon , Oporto , Braga ), Spain ( Madrid ), Brazil ( Rio de Janeiro , São Paulo ), Germany (Düsseldorf) and now in London ( England ).

About WeDo Soft
WeDo Soft, a division of WeDo Consulting, is a leading provider of software solutions for the communications & media markets. With an international presence, WeDo Soft is an ISO9001: 2000 certified organization, and a member of the GSM Association, as a provider of applications and systems.

Customers include Orange, Vodafone, Telefónica, Amena, Optimus, Novis, Oi, Telemar, Telecom Americas and Cabovisão. WeDo Soft can be found on the World Wide Web at www.wedosoft.com

Polska Telefonia Cyfrowa Sp. z o.o. (Era GSM) Selects Revenue Assurance Software from WeDo Soft

WeDo Soft, a leading provider of software solutions for the communications & media markets, today announced that it has been awarded a contract to implement its Revenue Assurance solution (RAID) at the largest Polish mobile operator Polska Telefonia Cyfrowa Sp. z o.o. (PTC), branded as Era GSM.

RAID will allow PTC to implement automated and integrated Revenue Assurance control processes, addressing PTC's requirements in maintaining the consistency and coherency between their entire BSS, OSS and network systems and, therefore, to control PTC's revenue leakages and maximize the company's revenue.

"Revenue Assurance is a very important area for PTC. Implementing the RAID-solution of WeDo is a crucial step for our revenue improvement initiatives. Using RAID we will be able to integrate our control mechanisms to assure data consistency in the operational platforms as well as to monitor the revenue streams in an automated way, thus empowering our revenue assurance team to perform their job efficiently. We chose RAID from WeDo, because – due to its high flexibility and functionality, fast implementation and its scalability up to tier-1-operators, it addresses our requirements to a high degree." said Wojciech Marcinczyk, Head of PTC's Revenue Assurance Department.

João Faísca, Sales & Marketing Director of WeDo Soft added, "As a leading supplier in the Revenue Assurance arena with our proven RA-solution RAID, we are proud that we won PTC as a major mobile operator in the Central and Eastern European region, a target market of WeDo. Due to the performance, scalability and flexibility of RAID, we are sure that this solution will help PTC Era to meet all their need and requirements in the area of Revenue assurance."

The benefits that RAID is delivering and its strong customer base worldwide make it the leading solution for Revenue Assurance. RAID is continuing to gather the telecom operators' preference and confidence. WeDo Soft is committed to RAID's excellence assuring this to be the most flexible, effective and complete revenue assurance tool available in this market segment.

About RAID
The RAID-solution allows the definition and implementation of Revenue Assurance processes most adequately to each technological infrastructure and business requirements enabling operators to save effort on usually time-consuming tasks and to dedicate all resources to the performing root cause analysis.

RAID is an important tool for any wireline and wireless telecom operator worldwide that wishes to terminate revenue loss due to data inconsistencies between their different systems, such as network components, operational systems and business support systems. RAID is a modular solution: Platform Integrity; Revenue Control; and Events Control.

About ERA GSM
Polska Telefonia Cyfrowa Sp. z o.o. (PTC), branded as Era GSM ( www.era.pl ) and an affiliate of T-Mobile Deutschland GmbH is Poland 's largest wireless operator and provider of nationwide dual band GSM 900 and 1800 services and a UMTS license holder. According to preliminary data, Polska Telefonia Cyfrowa (PTC), the operator of the Era and Heyah mobile telephony networks, had around 9 million clients at the end of September 2004.

About WeDo Soft
WeDo Soft, a division of WeDo Consulting, is a leading provider of software solutions for the communications & media markets. With an international presence in Portugal , Spain , Germany , UK and Brazil , WeDo Soft is an ISO9001: 2000 certified organization, and a member of the GSM Association, as a provider of applications and systems.

WeDo Soft's clients includes Orange, Vodafone, Telefónica, Amena, Optimus, Novis, Oi Brasil, Telemar Brasil and Brasil Telecom. For more information, please visit the company's web site at www.wedosoft.com