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Radisys and Mavenir Systems Enable Voice over LTE Deployment Growth

Radisys® Corporation (NASDAQ:RSYS), a market leader enabling wireless infrastructure solutions, today announced new trial wins including global virtualized cloud deployments for Voice over LTE (VoLTE), in partnership with Mavenir Systems (NYSE:MVNR), a leading provider of software-based networking solutions. Mavenir’s mOne® Convergence Platform, combined with Radisys’ Media Resource Function (MRF), are now deployed in a growing list of mobile operator VoLTE rollouts in the Americas, Europe, the Middle East, Africa and Asia. Customers using Mavenir’s mOne® Convergence Platform with Radisys’ MRF include Vodafone, Tele2, Deutsche Telekom and MetroPCS (now T-Mobile).

Adding VoLTE to LTE Rollouts – a Lucrative Opportunity for Mobile Operators

As a significant revenue stream for global mobile operators, voice is central to their profitability. While investments in LTE to date have centered on meeting growing mobile data demand and capitalizing on revenues from data plans, mobile operators that migrate their voice service from legacy 3G or 2G network architectures to their LTE networks through investment in an IMS architecture have several advantages. Operators that support voice, data and video services all on a single LTE network can realize OPEX savings, as managing two networks is far more costly than one network. At the same time, operators must make decisions on their spectrum strategy for supporting the exponential growth in mobile traffic. Operators that deploy VoLTE can refarm their existing 3G and 2G allocations to service additional LTE growth, as an alternative to purchasing expensive new spectrum at auction.

Radisys’ MRF as part of an IMS architecture supports the real-time media processing requirements for VoLTE and other video value-added services (VAS), enabling operators that invest in an IMS architecture now to reap the benefits of VoLTE deployments for years to come. Mavenir’s IMS mOne® Convergence Platform uses Radisys’ MRF offerings for its VoLTE solutions.

“During the past year, we’ve helped mobile operators transform their networks and we’ve seen a major uptick in VoLTE trials and deployments with our mobile operator customers around the world, and we are now delivering VoLTE to the cloud,” said Ian Maclean, vice president, Strategy and Marketing, Mavenir Systems. “Leading Tier-1 mobile operators are currently deploying Mavenir’s virtualized IMS technology, powered by Radisys’ MRF, as part of their VoLTE/IMS rollouts. Virtualized IMS solutions can be flexibly deployed to meet business needs such as multi-tenancy and capacity elasticity, an attractive proposition for mobile operators.”

“More and more mobile operators are recognizing that VoLTE makes sense,” said Grant Henderson, vice president of marketing and product management, Radisys. “Adding VoLTE with their LTE rollouts delivers a sound business case, as the near-term virtualized IMS investments to support VoLTE and other revenue generating services can also save millions down the road in network operation and spectrum costs.”

Mavenir integrates the full range of Radisys’ flexible media processing solutions, from using Radisys’ MRF for virtualized cloud deployments and its Software MRF on commercial off-the-shelf (COTS) servers to leveraging the high-density capabilities of its MPX-12000 Broadband MRF. Radisys’ broad MRF portfolio provides scalability and an easy migration path.

“Radisys is pleased to partner with Mavenir, a leader in VoLTE service solutions, and are thrilled with our growing success together helping mobile operators achieve the benefits of VoLTE around the globe,” added Henderson. “Supporting VoLTE, Video VAS, conferencing, and many other services is at the core of the investments that we continue to make in our MRF product portfolio. Our goal is to help mobile operators maximize service revenue opportunities from their LTE network investments.”

See VoLTE Solutions at Mobile World Congress

Radisys will be showcasing its MRF solutions and VoLTE services at Mobile World Congress in Hall 5, Stand 5I61, February 24-27 in Barcelona. For more information on Radisys’ MRF portfolio, or to schedule a meeting with Radisys, contact [email protected]. Mavenir will be showcasing IMS-based voice and video solutions in Hall 6, Stand 6G40, and to schedule a meeting, contact [email protected].

For more information about Radisys’ MRF solutions, visit www.radisys.com/products/mrf/.

About Radisys

Radisys (NASDAQ:RSYS) is a market leader enabling wireless infrastructure solutions for telecom, aerospace and defense applications. Radisys’ market-leading MRF (Media Resource Function) and T-Series Virtualized Platforms coupled with Trillium software, services and market expertise enable customers to bring their products to market faster with lower investment and risk. Radisys technology is used in a wide variety of 3G & 4G / LTE mobile network applications including: small cell Radio Access Networks (RAN), wireless core network elements, deep packet inspection (DPI) and policy management equipment; conferencing and media services including voice, video and data, as well as commercial offerings for network applications that support the aerospace and defense markets.

About Mavenir

Mavenir (NYSE:MVNR) is a leading provider of software-based communications solutions that enable mobile service providers to deliver high-quality internet protocol (IP)-based voice, video, rich communication and enhanced messaging services to their subscribers globally. Mavenir’s mOne® software platform has enabled leading mobile service providers to introduce the industry’s first live network deployment of Voice-Over-LTE (VoLTE) and the industry’s first live deployment of next-generation Rich Communication Services 5.0 (RCS). Our solutions deliver next-generation services such as RCS, VoLTE and Voice over Wi-Fi (VoWi-Fi) over existing 2G and 3G networks and next-generation 4G LTE networks.

© 2014 Mavenir Systems, Inc. All rights reserved.

Mavenir Systems®, mOne®, AirMessenger®, Mavenir™, mStore™ and mCloud™, Transforming Mobile Networks™, are trademarks of Mavenir Systems, Inc.

Forward-Looking Statements

Statements in this press release that are not purely historical facts constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding Mavenir’s expectations with respect to the adoption of VoLTE, the migration to 4G technology by mobile service providers and Mavenir’s views about its market opportunity. Forward-looking statements can generally be identified by words such as "anticipates," "may," "can," "believes," "expects," "projects," "intends," "likely," “target,” "will," "to be" and other expressions that are predictions or indicate future events, trends or prospects, although not all forward-looking statements contain these identifying words. These forward-looking statements represent management’s current expectations and involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Mavenir to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, investors should not place undue reliance on these forward-looking statements.

Factors that could cause actual results to differ materially from those indicated by the forward-looking statements include risks regarding the timing of the adoption of 4G by mobile service providers around the world; mobile service providers’ investment in next-generation communications technology; our ability to sell solutions to mobile service providers, particularly those serving large numbers of customers; the length and variability of the sales cycles for our solutions; actions taken by our competitors; our ability to negotiate acceptable financial terms with our mobile service provider customers; the performance of our solutions when implemented in mobile service provider networks; management’s ability to accurately forecast Mavenir’s financial results; the timing of revenues and the application of complex revenue recognition rules to such revenues; prolonged negative economic conditions in domestic and global markets; and other factors described in our filings with the Securities and Exchange Commission ("the SEC"), including under the caption "Risk Factors" and elsewhere in our prospectus filed with the SEC on November 7, 2013. Additional information will also be set forth in Mavenir’s quarterly report on Form 10-Q for the quarter ended September 30, 2013, as well as its annual reports on Form 10-K and other future SEC filings. There is no assurance that Mavenir’s expectations will be realized. If one or more of these risks or uncertainties materialize, or if Mavenir’s underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. The statements in this press release are made as of the date of this press release, even though this press release is made available on Mavenir's website or otherwise. Mavenir does not assume any obligation to update the forward-looking statements provided herein to reflect events that occur or circumstances that exist after the date on which the forward-looking statements were made, except as required by law.

Radisys® is a registered trademark of Radisys. All other trademarks are the property of their respective owners.

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