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ComAbility Investors Stata & Vertex Extend Round to $10 Million
Additional Investment Made to Better Serve Data Service Providers' Soaring Demand for ComAbility's S


Palo Alto, California, and Herzliya , Israel, March 5, 2009-- ComAbility (www.comability.com), which develops subscriber and services operations platforms for telecommunications carriers (telcos) and service providers (SPs), extends the round of funding received a year ago from Stata Ventures and Vertex Venture Capital from $6 million to $10 million, in order to better serve the soaring market need for the ComAbility neXus platform.

The ComAbility neXus telco-grade, subscriber and services operation platform enables SPs to simplify policy control, accelerating deployment of revenue-generating personalized subscriber services on next-generation data networks (NGNs).

ComAbility is a Cisco Technology Development Partner (CTDP) and is involved in a joint session repository project with Oracle. Last month, ComAbility reported a major win from a European Tier-1 operator that has several millions of provisioned subscribers, the 3rd of its category in the last year.

ComAbility CEO Alon Fishman says: “Especially in times like these, service providers are looking for ways to differentiate services and improve operations. Demand for mobile, wireless and wireline data services are skyrocketing, and operators that do invest in new networks seek to implement modern business models, like differentiated services, converged admission control and advanced pre-paid and policy use cases. These revenue-generating models must be supported by advanced operational models such as automation, subscriber self service, and subscriber-centric fault management.

“neXus’s ability to reduce operational costs (OPEX) and to quickly deploy new services -- increasing average revenue per user (ARPU) -- falls in line with industry analyst predictions indicating SPs’ intensified need for technologies that provide personalized subscriber services.”

Vertex Venture Capital Managing Partner Moty Ben-Arie adds: “The ComAbility solution speaks to service providers, who need to deploy personalized services to monetize their infrastructure investments, but who are deterred by the sometimes overwhelming complexity of the underlying network requirements. ComAbility’s success in acquiring major new customers and in building a healthy pipeline in these times contributed to our decision to increase capacity in order to better accommodate the opportunities.”

ComAbility Chairman of the Board is Itzik Parnafes, partner at Stata Ventures, which was co-founder of policy-management pioneer Class Data (acquired by Cisco [CSCO]) and co-founder of Kagoor Networks (acquired by Juniper [JNPR]).

About ComAbility
ComAbility (www.comability.com) enables next-generation data service providers (SPs) to use a unified platform to manage all their subscriber and service operations easily and securely. Its flagship neXus product provides SPs with the ability to realize the full potential from their network, delivering a subscriber-centric, end-to-end solution to subscribers and services management across all access technologies and back-office systems.

neXus belongs to the new breed of policy solutions, delivering a carrier-grade, secure and scalable solution to an increasingly intricate network environment, whereby subscribers and services need to be provisioned, controlled and managed across a multitude of network elements and operational systems. ComAbility customers include telecoms and SPs in varied access technologies, including DSL, mobile, WiFi, carrier Ethernet and converged access players.

About Vertex Venture Capital
Vertex Venture Capital is a unique top-tier Israeli VC with a strong international investor base, an experienced multi-disciplinary team of professionals, and an impressive track record of exits through M&A and IPO. Vertex provides unparalleled possibilities for companies in facilitating potential growth, business opportunities and leveraging synergies throughout Israel, Europe, USA, Japan and Asia. Vertex invests in Israeli and Israel-related companies in early stages of development in information networking and communications systems, software and components, digital media and enterprise software. For more information: http://www.VertexVC.com


About Stata Ventures
Stata Venture Partners is a venture capital fund that invests in early-stage new business opportunities around the world. It has strategic investments in a wide array of technologies ranging from semiconductors to telecommunications and infrastructure. Stata Ventures specializes in helping companies build the internal infrastructure and long-term strategic plan needed to be successful in today's dynamic marketplace. Stata Ventures was begun by Ray Stata, founder and Chairman of Analog Devices (NYSE: ADI), a leading semiconductor corporation.


Publisher Contact Information:

ComAbility
+97299571314
nettie@comability.com

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