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Convedia Selected for Rocket Builders’ ”Ready to Rocket 25” List

VANCOUVER, Canada – February 4, 2004

Convedia® Corporation, the leading provider of carrier-class media processing platforms, has recently been acknowledged for their high growth potential in the Rocket Builders’ “Ready to Rocket 25” List. The list identifies 25 private companies based in British Columbia (B.C.), Canada, best positioned to capitalize on the information technology (I.T.) trends that will contribute to faster growth than the I.T. sector as a whole.

“Our annual I.T. Outlook Report identified IP-based communications, XML standards, and 3G wireless as key emerging technologies in the I.T. industry”, said Reg Nordman, Managing Partner at Rocket Builders. “Convedia was identified as a stand-out B.C. organization building next generation IP-based communication products which embrace XML and 3G wireless standards, and is a worthy organization for inclusion to this year’s “Ready to Rocket 25” List.”

British Columbia is home to a growing number of highly successful and innovative technology companies including PMC Sierra, Electronic Arts, Ballard, Crystal Decisions, Creo, Pivotal, and HotHaus Technologies (now Broadcom). The “Ready to Rocket 25” list identifies private B.C. companies with the product strategies that are well positioned to achieve similar future success.

“Convedia’s IP media server products are increasingly being purchased and deployed by discerning telecommunication carriers investing in IP-based multiservice communication networks,” said Grant Henderson, Convedia’s Executive VP of Marketing and Strategy. “We appreciate Rocket Builders recognition of our growth potential, and are pleased to be included in the “Ready to Rocket 25” list of promising B.C. private companies.”

About Rocket Builders
Rocket Builders is a consulting group focused on helping technology companies identify and capitalize on market opportunities. Based on past success in driving the growth of technology companies, Rocket Builders are experts in market research and strategic planning and helps companies in building revenue through proven sales methodologies, building market capabilities through partnering programs, and building processes that lead to winning products. For more information, visit www.rocketbuilders.com.

About Convedia
Convedia® Corporation is the leading supplier of next-generation, IP media servers that enable telecommunication service providers to reduce service delivery costs and increase revenues through new approaches to enhanced services. Convedia’s award winning family of products includes the CMS-6000 Media Server, a carrier class media server capable of scaling to 18,000 ports per shelf, and the CMS-1000 Media Server, a low-cost, entry-level media server. Convedia is headquartered in Vancouver, British Columbia, Canada, and financed by leading venture capitalists. For additional information about Convedia, its products or the role of media servers in Softswitch, Packet Cable or 2.5G and 3G wireless architectures, visit www.convedia.com.

For more information, contact:

Rocket Builders
Reg Nordman
+1-604-812-7073
rnordman@rocketbuilders.com


Convedia Corporation
Ray Adensamer
+1-604-918-6318
radensamer@convedia.com

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