Verso Launches Several WiMAX™ Technology Initiatives

Verso Technologies, Inc. (Nasdaq: VRSO), a global provider of next generation network solutions, announced today several strategic initiatives designed to introduce Verso and its VoIP platform into the WiMAX™ technology arena.

Verso Technologies offers WiMAX network manufacturers the ability to bring to market an end-to-end voice solution by overlaying Verso’s voice and value-added applications, specifically the VoIP MetroNet Overlay, to a WiMAX network. In addition with this solution, Verso offers incumbents and mobile operators a cost effective VoIP platform that can ride over any access medium including WiMAX technology. Our solution allows carriers to introduce VoIP in order to reduce OpEx and increase ROI.

Specifically, as part of its WiMAX strategy, Verso has joined the WiMAX Forum, an international, industry-led, not-for-profit corporation of more than 420 industry members. The Forum was formed to promote and certify the conformance and interoperability of broadband wireless products using IEEE 802.16. The Forum works to promote global WiMAX deployments and to make WiMAX the platform of choice for broadband wireless. As members of the WiMAX Forum, Verso will participate in the Networking Working Group and the Marketing Networking Group, in alliance with several other telecom leaders, to promote the platform.

Additionally, Verso will be attending Trendsmedia’s WiMAX World Asia 2007 in Beijing (Booth 214), April 18-20 and WiMAX World Europe 2007 in Vienna (Booth 201), May 29-31. For WiMAX World Asia, Daniel Kwan, regional manager, Asia Pacific, Verso Technologies, has been selected to speak on the topic of value-added applications for WiMAX networks.

“Verso brings a strong value proposition to the sector. By partnering with Verso, WiMAX technology vendors as well as traditional operators can deploy revenue enabling VoIP networks and services specifically for voice over WiMAX, “ said Monty Bannerman, chief executive officer, Verso Technologies. “Verso has long been a pioneer in the VoIP space, and as the WiMAX market grows and pressure for revenue applications grows, Verso’s portfolio of VoIP solutions will meet the needs of this new marketplace.”

About Verso Technologies

Verso is a global provider of next generation network solutions offering a core-to-edge product portfolio primarily for telecommunications service providers. The company’s products enable its customers to secure and optimize network bandwidth, generate additional revenue and reduce costs. Verso’s applications and services are cost effective, deploy quickly and provide a superior return on investment. For more information, contact Verso at www.verso.com or call 678.589.3500.