cVidya Networks Appoints Ronen Tanami as COO

London, UK, August 31, 2006 (XTVWorld.Com) -- cVidya Networks, a global leader of Telecom Data Integrity and Revenue Assurance Systems, announced that Ronen Tanami is joining the company as COO. As part of cVidya's management team, Ronen will consolidate the product definition, development and delivery processes into a synergetic integrated framework. Drawing on his vast experience in working with tier-1 operators, Ronen will ensure that cVidya maintains a high level of efficiency both in the growing number of deployment projects at customer sites as well as in developing the product, MoneyMap®. Ronen will be responsible for ensuring cVidya customers are achieving the highest level of satisfaction with cVidya both through ongoing project deployment and support services.

Ronen Tanami has over 18 years of solid managerial, business and technological experience. Prior to joining cVidya, Ronen served in several senior positions at Amdocs (NASDAQ: DOX), including regional executive, tier-1 customer site manager, business development director for the UK and management of software development and implementation projects. Prior to Amdocs, Ronen served as a VP of a leading software house developing solutions for the forwarding industry. Mr. Tanami holds a M.Sc. in Physics, a B.Sc. in Physics and Computer Science, as well as an M.B.A. in Technological Management.

"Ronen Tanami's insight and experience in this market is certainly an asset for cVidya," remarked Alon Aginsky, cVidya Networks'' CEO. "I look forward to working with Ronen towards enhancing cVidya's market position and the overall level of efficiency in supporting our customers."

cVidya Networks is a global leader and innovative provider of Telecom Revenue Assurance and Data Integrity products.

cVidya's suite of comprehensive Revenue Assurance solutions assists fixed, mobile, and triple-play communication service providers (CSPs) to continuously improve their bottom line results.
cVidya's innovative and flexible product, MoneyMap®, provides a unified platform for implementing Process Aware Revenue Assurance solutions, Data Integrity, Risk Management and Rating & Billing Verification within legacy and new service environment, over all types of networks, OSS and BSS.
MoneyMap®'s solutions and cVidya's highly skilled professional services teams have a proven track record of achieving rapid ROI with major operators, including Cable & Wireless, Telecom Italia and Bezeq.
cVidya has offices in EMEA, APAC and South America.

cVidya is a winner of the Red Herring 100 Europe Award for 2006

Contact:
Mike Horowitz
NCSM, Strategic Marketing
+972-2-5637527
mike @ ncsm.co.il

Doron Avidar,
Marketing Director
cVidya Networks
info @ cvidya.com
+ 972 3 644 1644
http://www.cvidya.com