Monroe, CT. – December 15, 2011 – Telenity (www.telenity.com), a leading provider of location based services, social media, mobile marketing and messaging platforms and solutions, today announced that Osman Perksoy has joined Telenity as Vice President, Product Management and Marketing effective December 12^th, 2011. Perksoy brings more than 15 years of management, marketing and technology experience at leading companies in the telecommunications industry, including Litle & Co. and Sonus Networks.

Ilhan Bagoren, Chairman of the Board and Chief Executive Officer of Telenity, said, "Osman brings to Telenity high technology management experience and solid marketing skills which allowed him to achieve successful results in his previous posts. We are proud to have him at Telenity. I look forward to working with Osman as we continue to bring new products to market that allow our global and emerging market customers to optimize and monetize the potential of their network assets and offer innovative services to their subscribers."

"Telenity is a vendor recognized for its successful deployments of location, value-added services (VAS), messaging and service delivery platforms," said Osman Perksoy. "The mobile industry is at a critical point trying to manage exponential data growth, a demanding subscriber base using both feature and smartphones, and downward pressure on VAS revenues. There is tremendous opportunity here for Telenity to play a key role in helping operators overcome these challenges with its new and existing products. I look forward to working as part of Telenity's executive management team to grow the company's global market position."

Prior to Telenity, Osman Perksoy served as the principal product manager at Litle & Co., where he oversaw products that integrate business intelligence with electronic payment systems. Previously, Perksoy was the principal product manager at Sonus Networks (Nasdaq: SONS), where he managed the SIP based solutions and the building of a next generation Trunking Gateway. Prior to Sonus Networks, Perksoy held senior software engineer positions at NewNet and EBS. Osman Perksoy holds an MBA from University of Massachusetts and a BS degree in Electrical Engineering from Bilkent University in Ankara, Turkey.

About Telenity
Telenity is a leading provider of next generation converged services and applications for communications networks. Telenity's market ready software solutions include: location-based social networking solutions, mobile marketing platform, innovative value added services (personalized call management, mobile collect call, missed call notification, voice/video mail, ringback tones, location-based people finder), reusable service delivery components (messaging gateway, 3rd party access gateway and location gateway) enabling rapid service creation and deployment, and integrated advanced messaging (SMS, MMS, USSD) applications. Headquartered in USA, Telenity's worldwide customer base includes network operators, service providers and application providers serving over 1 billion subscribers. Telenity partners with global and regional network equipment providers, system integrators and computing platform manufacturers. Learn more about Telenity's Canvas^® family of converged services solutions at www.telenity.com and download a copy of Telenity's online newsletter Telescope.