Record Sales of Telecom Expense Management Solutions and Services
   
PHOENIX, AZ. (October 25, 2004) Telesoft Corp., the world leader in Telecom Total Cost Management solutions, announced today that it has completed another fiscal quarter with record sales of its industry leading telecom expense management solutions and services.

This year, Telesoft Corp. has continued its market penetration with Total Cost Management products in new accounts, expansion of existing installations and replacement of competitive products. The last fiscal quarter marks seven consecutive profitable quarters for the company, and a significant increase in the average sales price. It also marked a record increase in the number of sales in a single quarter.

"I am very proud of our company's accomplishments during 2004," said Eric Kaufman, COO of Telesoft Corp. "According to most economic indicators, 2004 remains a difficult year for everyone, and our record sales and continued profitability during this challenging year is an indication of our company's strength. Our strong cash assets coupled with our lack of debt and continued growth and profitability, position us strongly to continue to develop innovative products and serve new markets. We will be exhibiting some of these new initiatives in the upcoming 2004 User Conference in Scottsdale Arizona this month."

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.