Veraz Records Net Income of $2.1 mn in Q2

Revenues for the second quarter of 2007 were $31.2 million, a year-over-year
increase of 35% from the second quarter of last year. Revenues for the period
ended June 30, 2007 were $58.6 million, a 31% increase over revenues for the
six-month period ending June 30, 2006. Second quarter IP product revenues were
$21.4 million, an increase of 87% over the second quarter of 2006, and marks the
sixth consecutive quarter of record IP revenues. Year to date IP product
revenues were $39.0 million, an increase of 92% over the same period of last
year.

For the second quarter of 2007, Veraz recorded net income of $2.1 million,
including $0.6 million in stock-based compensation expense, as compared to the
second quarter of last year with a net loss of $6.2 million, including $0.2
million in stock-based compensation expense. Year to date net income was $1.0
million, including $1.1 million in stock-based compensation expense, as compared
to the same period of last year with a net loss of $9.7 million, including $0.3
million in stock-based compensation expense.

"I am very pleased with the continued robust growth of our VoIP
business, which is being driven by our solid reputation as a technology leader
and trusted supplier to some of the most innovative telecom companies in the
world. Our global market penetration strategy of targeting the regions that are
rapidly migrating to sophisticated, all-IP network deployments continues to be
validated by our growing number of IP customers, as well as the macro-economic
trends that are driving globalization. The growth of our IP revenues continues
to outpace the growth of the VoIP market by a substantial margin, and we
continue to gain market share," commented Doug Sabella, president and chief
executive officer of Veraz.