Inet Introduces SmartAlerts to Streamline Network Security and Service Delivery

RICHARDSON, Texas–(BUSINESS WIRE)–Aug. 28, 2001–

Rules-Based Alarming Reduces Time

and Resources Needed to Address Network Security,

QoS and Interconnection Issues

Inet Technologies, Inc. (NASDAQ:INTI), a leading global provider of communications software solutions for next-generation networks, today announced the introduction of SmartAlerts(TM), a new advanced application of the company’s GeoProbe(TM) and GeoProbe Mobile(TM) solutions.

The SmartAlerts application is designed to efficiently detect and spotlight complex network scenarios that may impact carriers’ revenues, network security or customer services. The logical connection of disparate or unusual network events enables carriers to efficiently and proactively respond to customer-defined network or service degradation incidents. This sophisticated identification and correlation of network events results in increased efficiency; automated, early detection of security breaches; smoother service delivery for improved customer care and Quality of Service (QoS); and improved interconnection management.

The rules-based implementation of SmartAlerts builds on Inet’s industry-leading, real-time early detection and warning capabilities. It is fully integrated with, and expands the capabilities of Inet’s Network Security, QoS and Interconnect Management application suites.

“The SmartAlerts module greatly simplifies network security concerns and service delivery,” said Elie Akilian, Inet’s president and chief executive officer. “This new application is a direct result of our commitment to simplify carriers’ networks and business practices, as well as help them effectively manage their customers.”

About GeoProbe

Inet’s GeoProbe system provides real-time, network-wide monitoring of a carrier’s signaling network and serves as an open platform for business applications developed by Inet, its customers or third parties. The GeoProbe’s application suite enables early warning of network faults, collection of statistics for performance evaluations, real-time call tracing and troubleshooting. The GeoProbe also serves as a sophisticated data forwarding engine for Inet’s IT:seven(TM) revenue assurance applications. To find out more about the GeoProbe network management solution and its advanced applications, visit www.inet.com/geoprobe.

About GeoProbe Mobile

Inet’s GeoProbe Mobile solution gives carriers a comprehensive, end-to-end view of their wireless networks. Whether employing GSM, IS-41, or GPRS technologies to direct traffic, the system’s non-intrusive monitoring capabilities provide complete network visibility, enabling the carrier to improve service quality; minimize time-to-market of new services; enhance roaming profitability; introduce revenue-generating, location-based services; and protect the network against fraud and cyber terrorism. In addition, it provides informed network planning for Universal Mobile Telecommunications Services (UMTS), and GPRS/Enhanced Data for GSM Evolution (EDGE). GeoProbe Mobile also serves as a sophisticated data forwarding engine for Inet’s IT:seven business intelligence applications. For more information about the GeoProbe Mobile solution and its advanced applications, visit www.inet.com/network/geomobile.

About Inet Technologies, Inc.

Founded in 1989, Inet Technologies is a global provider of communications software solutions that enable carriers to more effectively design, deploy, diagnose, monitor and manage communications networks that carry signaling information used to control and deliver communications sessions and services. Inet’s solutions also address the fundamental business needs of communications carriers, such as improved billing, targeted sales and marketing, fraud prevention and enhanced call routing. Inet is headquartered in Richardson, Texas and has approximately 530 employees worldwide. Inet is an ISO 9001 registered company. For more information, visit Inet on the Internet at www.inet.com.

Inet Technologies, SmartAlerts, GeoProbe, GeoProbe Mobile and IT:seven are trademarks of Inet Technologies, Inc. All other trademarks belong to their respective owners.

This release contains forward-looking statements, including statements regarding the ability of our customers to achieve the anticipated benefits of our products. Such forward-looking statements involve risks and uncertainties. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are delays in implementation of our products, product defects and other factors detailed in Inet’s filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2000 and our Quarterly Report on Form 10-Q for the quarter ended June 30, 2001.

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