CosmoCom Named One of Long Island's Fastest Growing Technology Companies in 2001 by Deloitte & Touche’s "Fast 50" Program

MELVILLE, NY, October 17, 2001 — CosmoCom, the leading provider of IP-based contact center infrastructure to service providers, has been recognized with Deloitte & Touche's prestigious "Rising Star" award as part of the Long Island region’s "Fast 50" Program. The Rising Star award is given to technology companies that have been in business for less than five years and whose revenues far outpace others in the industry. These companies are not yet eligible for the Fast 50 ranking. The award is based on percentage revenue growth over three years (1998-2000.

CosmoCom's CEO Ari Sonesh credits market innovation and employee devotion with the company's tremendous revenue growth over the past five years. "There is a reason CosmoCom is a leader in the all-IP contact center business," states Sonesh. "Our employees believe in the products we make and the passion they have to make those products the best in the industry."

"Through the Rising Star program, Deloitte & Touche has been honoring those companies in the Long Island technology industry that have shown improved revenue growth over three years," said Adam Weisman, Long Island Office Managing Partner. "As competition remains tough, CosmoCom has proven the ability to sustain its business, and we are happy to support their efforts by recognizing their achievements and continued growth.

About CosmoCom
CosmoCom is the leading provider of all-IP, universal access contact center platforms. CosmoCom’s flagship product, CosmoCall Universe™, is a carrier-class system enabling service providers to offer, on a hosted basis, mission critical contact center applications to their clients. CosmoCall Universe supports multichannel customer interactions via telephone and internet, live and message-based, fixed and wireless – in one high capacity, high availability, multi-tenant platform. Headquartered in Melville, New York, with offices and distribution partners throughout the world, CosmoCom has received an array of industry awards. Market analysts Frost and Sullivan recently reported that CosmoCom’s large and growing installed base represents a 50% share of the US IP-ACD market. For more information about CosmoCom, please visit www.cosmocom.com.

About Deloitte & Touche
Deloitte & Touche LLP, one of the nation’s leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for its innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for four consecutive years. Deloitte & Touche is the US national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche’s web site at www.us.deloitte.com.

About Deloitte & Touche’s Technology & Communications Group
The Technology & Communications Group is composed of service professionals who have a wealth of experience serving technology and communications companies throughout the world in areas including Internet, software, semiconductors, cable, media and publishing, communication utilities, networking, wireless, computers and peripherals, and related industries. These specialists understand the challenges that technology and communications companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte & Touche is a leader in providing strategic, financial, operational, and information technology assistance to its technology and communications clients.