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iTEMize 2.0 Extends Features, Adds Enhancements, Enables Electronic Data Loads

It's Now Easier Than Ever to Leverage the Power of TEM

RESTON, VA, October 2, 2006 – NetGain Communications, a leading provider of affordable Telecom Expense Management (TEM) solutions for the mid-market, today released iTEMize 2.0.

iTEMize is a unified Software as a Service (SaaS) application that helps businesses manage the inventory and financial aspects of their wireline and wireless telecom services. In addition to many new features and enhancements to the application, iTEMize 2.0 offers a proprietary web-based interface that allows clients to easily load inventory and invoices directly into the application.

"We are very excited by what this new release can do for our clients. iTEMize was specifically designed to be simple to use, but now it is easier than ever to load data and fully take advantage of the power of TEM," said NetGain's CEO, Peter Callowhill.

NetGain is confident that users will readily appreciate the new capabilities of 2.0. "The difficulty of loading bills and other data from multiple carriers into TEM applications has always been a challenge, but iTEMize 2.0 makes this process seamless," stated COO James Larsen.

About NetGain Communications

NetGain provides the mid market and large enterprises with telecom inventory and expense control solutions, including iTEMize - an online, subscription based service that drives direct cost savings, improved management, and real-time visibility. NetGain's comprehensive TEM solutions address their client's entire wired and wireless service portfolio. For additional information, please visit www.netgaincom.com.

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NetGain works with clients across the country with a focus on Northern Virginia (Reston, Herndon, Fairfax, Centerville, Alexandria), Maryland (Potomac, Bethesda, Rockville), and Washington, DC.

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