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iTEMize Technologies Announces the Introduction of iTEMize 3.0

Effective for medium sized business customers who need solutions that are easy to implement

RESTON, VA, December 9, 2008 – iTEMize Technologies, a leading provider of easy to use and affordable Telecom Expense Management (TEM) solutions for the mid-market, today announced the release of iTEMize 3.0.

Telecom expense is one of the few areas companies can cut costs without sacrificing their level of service.

“Since its inception, the TEM industry has focused only on the largest enterprise customers. The marketing campaigns, product claims, and corporate messages are extremely confusing”, said Peter Callowhill, CEO of NetGain Communications. “Medium sized business customers in particular have to sort through these various messages to determine if their needs can be met. For those types of companies who have grown large enough to need a TEM solution and who are increasingly concerned about their telecom costs, iTEMize is the ideal solution."

iTEMize is a powerful, affordable, online TEM solution that can be implemented quickly without the infrastructure costs and ongoing administrative burdens of typical traditional applications. iTEMize includes such standard features as an easy and simple to use web-interface, both fixed and mobile telecom inventory tracking, financial management tools for identifying billing anomalies, trending and reconciliation, automated cost allocation, and detailed and powerful reporting. Also, iTEMize 3.0 now adds advanced analytical opTEMize reports for customers which allows them to further examine and manage their detailed telecom costs.

NetGain offers iTEMize to business customers across the U.S. “We are excited to give business customers, and especially medium sized businesses, a clear and easy choice when it comes to selecting a TEM provider”, said Mr. Callowhill. “iTEMize has been designed to offer them a customized solution that dramatically simplifies their management efforts for telecom. We look forward to helping them with their telecom expense management challenges, and to help them save money without having to sacrifice anything."

About NetGain Communications

NetGain provides the mid market and large enterprises with carrier services and telecom inventory and expense control solutions, including iTEMize, which drives direct cost savings, improved management, and real-time visibility of an organization's entire wired and wireless service portfolio. For additional information, please visit www.netgaincom.com.

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