1 billion users in 100 countries

SPIRIT Multi-Point Voice Conferencing Engine receives 2005 Product of the Year Award from INTERNET TELEPHONY® Magazine for Outstanding Innovation

Moscow, (January, 12) — SPIRIT DSP, a global leading provider of award-winning embedded voice & communication software, announced today that TMC®’s INTERNET TELEPHONY® magazine has honored TeamSpirit® with 2005 Product of the Year Award. INTERNET TELEPHONY has been the VoIP Authority Since 1998.

TeamSpirit® is the industry first and only enterprise-focused multipoint voice conferencing engine available on the market today. SPIRIT’s sophisticated voice technology ensures top-quality voice for all conference participants regardless of whether their client devices are PDAs, PCs, PSTN terminals, mobile handsets, or hybrid units. SPIRIT Voice Engine is tuned for easy and fast integration into applications including PC and Pocket softphones, 3G Video Enabled phones and V2oIP CPEs (Voice & Video over IP Customer Premises Equipment). SPIRIT’s ability to deliver the embedded voice and communications software of the highest possible quality is proven and honed during 12 years of partnerships with over 200 top-grade telecom and software vendors in 70 countries. SPIRIT delivers field-proven best-quality embedded voice and video solutions.

“TeamSpirit® multi-point voice conferencing product was developed specifically for enterprise conferencing and collaboration systems connecting people through a variety of network channels. SPIRIT’s solution is already deployed in Oracle and Macromedia conferencing products” – says Andrew Sviridenko, founder and chairman of SPIRIT DSP. “We are happy to be selected again for a Product of the Year for TeamSpirit® ™. INTERNET TELEPHONY is the go-to source for recommendations regarding the best-in-class VoIP products from leading VoIP experts and editors.”

“Each year INTERNET TELEPHONY magazine bestows its Product of the Year awards on companies that have demonstrated excellence in technological advancement and application refinements. SPIRIT DSP has demonstrated to the editors of INTERNET TELEPHONY that its products or services are committed to quality and innovation while addressing the real needs in the VoIP marketplace,” said Rich Tehrani, Group Publisher and Editor-in-Chief of INTERNET TELEPHONY.

The Product of the Year Award winners for 2005 will be highlighted in the January and February 2006 issues of INTERNET TELEPHONY magazine.

About SPIRIT

SPIRIT DSP (www.spiritDSP.com) is the world’s leading provider of carrier-grade voice & video software engines since 1996. SPIRIT communication software is used in over 80 countries and powers more than 100 million voice channels. SPIRIT counts among its direct customers Adobe, ARM, AT&T, Blizzard, BT, China Mobile, Cisco, Ericsson, HP, HTC, Huawei, Korea Telecom, Kyocera, LG, Microsoft, NEC, Oracle, Polycom, Radvision, Samsung, Siemens, Skype, Texas Instruments, Toshiba, ZTE, and 200+ other telcos, OEMs and software vendors. SPIRIT smart-phone OEM customers’ shipments jointly exceed 60% share of the global market.

11 January 2006