HP Partners with Telesoft Corp. to Resell Total Cost Managment Solution
HP Partnership Expands Solution Channel Distribution

PHOENIX, AZ. (October 1, 2004) Extending its software and solutions offerings to partner and channel resellers, Telesoft Corp. has entered into a resale partnership with HP to provide Global Telecommunication management software to HP's Global services customers..

Telesoft's Total Cost Management product will be offered through HP's global services to provide HP clients with enterprise Telemanagement tools. Traffic engineering management, exception reporting and abuse monitoring are a some of the key areas the solution will address. HP has already engaged with a large enterprise customer to accommodate the needs of over 350 locations worldwide.

"HP has been a customer of ours and idea contributor to many of the features found in our products today",said Ron Babich, Marketing Director for Telesoft Corp., "We are very excited about the extension of our relationship with HP and the ability to extend our product offering to their customer base".

About Telesoft Corp.
Telesoft Corp. offers leading Telecom Total Cost Management products and services that provide hundreds of Enterprise businesses around the globe visibility and insight into their telecommunications usage and spending, providing tools that ultimately reduce telecommunications expenses.

About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, personal computing, access devices, global services, imaging and printing for consumers, Enterprises, and small and medium businesses.