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NetGain Communications Introduces New Telecom Expense Management Solution

iTEMize Boosts Employee Productivity, Reduces Enterprise-wide Telecommunications Costs

RESTON, VA, May 22, 2006, – NetGain Communications (NetGain), a telecommunications inventory and expense management services company that specializes in providing medium and large businesses with superior telecommunications solutions, today unveiled its new inventory and telecom expense management (TEM) tool, iTEMize. Available in self-service and managed models, iTEMize helps companies regain control of telecom assets and costs. Responding to unaddressed needs of mid-market companies seeking to increase employee productivity and optimize their telecom budgets, NetGain developed iTEMize – providing businesses with an affordable solution to leverage telecom resources and identify billing anomalies associated with inaccurate telecom invoices.

Adding to NetGain’s existing portfolio of telecom inventory and expense management solutions, iTEMize is a subscription-based software service that helps companies effectively control assets, address billing errors, and streamline their telecommunications process. iTEMize includes two modules that enhance both inventory and financial management. The inventory module allows businesses to track wireless and wireline network services and equipment by user, location, and department. Designed to identify billing anomalies, the financial module provides businesses access to financial details, trends, and reports to validate invoices. Through this module, iTEMize automates the allocation of costs to business units or cost centers and creates output for general ledger and accounts payable systems.

In addition to boosting cost savings and invoice accuracy, iTEMize saves time by allowing employees to focus on performing their jobs, as opposed to focusing on administrative tasks. Its ability to flag hard-to-catch errors and offer greater accessibility to specific information regarding assets reduces time wasted on telecom expense recordkeeping – increasing employee productivity.

“iTEMize offers mid-market companies a new option for telecom inventory and expense management – a cost-effective solution that provides all the tools companies need to take control of their telecom assets without unnecessary complexity,” said James Larsen, co-founder and chief operating officer, NetGain. “By expanding upon our already comprehensive portfolio of services, we can continue to provide our customers with robust solutions to address every aspect of telecom inventory and expense management.”

About NetGain Communications

NetGain Communications (NetGain) is a telecommunications inventory and expense management services company that specializes in providing medium and large businesses in the Washington, DC and Baltimore metropolitan areas with superior telecommunications solutions. The company’s robust portfolio of solutions, including network optimization services and iTEMize – a web-based telecom inventory and expense management solution – result in direct cost savings for NetGain’s clients. NetGain seeks to provide mid-market companies with the resources they need to optimize networks and minimize total telecommunications costs considering their unique requirements. NetGain solutions span wired and wireless services including network services (local, long distance, Internet, and data) and conferencing services (audio and web). For additional information, please visit www.netgaincom.com.

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