Dublin, Ireland, 4 December 2006 

The World Economic Forum Announces Technology Pioneers 2007: Cicero Networks Selected

The World Economic Forum today announced 47 Technology Pioneers for 2007. Cicero Networks has been selected as one of these Technology Pioneers. The Technology Pioneers were nominated by the world’s leading venture capital and technology companies. The final selection from 225 nominees was made by a panel of leading technology experts appointed by the World Economic Forum. Technology Pioneers 2007 are invited to attend the Annual Meeting of the World Economic Forum to be held in Davos, Switzerland from 24-28 January 2007.

Cicero Networks is a leading provider of wireless VoIP and multimedia solutions for fixed mobile convergence.  Cicero’s solutions enable service providers to leverage alternative wireless networks including Wi-Fi, 3G and WiMAX to offer wireless communication services to enterprise and residential customers. Cicero Networks has achieved a number of industry firsts in wVoIP including the first converged VoIP client for dual-mode smartphones, the first IMS compliant VCC client for seamless roaming between Wi-Fi and Cellular networks. Cicero also powered the first European VoWi-Fi service offered by TalkTelecom, Ireland. Cicero’s solutions offer compelling benefits to service providers by enabling them to increase revenues, reduce interconnect fees and reduce subscriber churn.

“We are very proud to be selected as a Technology Pioneer for 2007”, said Ross Brennan, CEO Cicero Networks. “Innovation in communications technology continues to present opportunities and challenges to the communications industry and the people it serves. Central to this has been advances in the Internet Protocol, which is both disruptive and creative, challenging traditional industry structures while offering a solid foundation for future innovation. Cicero Networks looks forward to participating in the World Economic Forum and to discussing how these innovations can be leveraged and applied to best effect”.

Technology Pioneers are companies that have been identified as developing and applying highly transformational and innovative technologies in the areas of energy, biotechnology and health, and information technology. This year’s class of companies has been selected not only because of the cutting-edge work undertaken by these organizations, but also because their work has potential long-term impact on business and society.

The companies’ products include microscopic pill cameras, bio sensors that localize landmines, implantable medical devices for the treatment of brain tumours, mobile television service, blog search engines, open source webrowsers, video headsets, thin-film diamond coatings, solar air-conditioner equipment, paper batteries for music-playing greeting cards, and even an automatic and compacting trash bin powered by solar energy.

Over half (27) of the Technology Pioneers 2007 are US-based companies, with 13 located in California. The United Kingdom boasts six Technology Pioneers 2007; the Netherlands, India, Israel and Singapore boast two each; Canada, Denmark, Finland, Ireland, Sweden and Switzerland have one each.

“The competition to become a Technology Pioneer has been more intense than ever. It is evident that technology and innovation is playing a key role in the shifting power equation at a global level. Driving this shift is the tremendous amount of innovation taking place outside of traditionally hubs. The wide geographic spread of this year’s Technology Pioneers is a testament to this trend. We are pleased to welcome these exciting companies to our Community of Technology Pioneers, and look forward to engaging these industry leaders of the future into the community of the World Economic Forum”, said Peter Torreele, Managing Director of the World Economic Forum.

To be selected as a Technology Pioneer, a company must be involved in the development of life-changing technology innovation and have the potential for long-term impact on business and society. In addition, it must demonstrate visionary leadership, show all the signs of being a long-standing market leader – and its technology must be proven. Previous Technology Pioneers have included Autonomy, Cambridge Silicon Radio, Encore Software, Google, Millennium Pharmaceuticals and Napster.

Go to www.weforum.org/techpioneers/2007 for the entire list of Technology Pioneers and interviews with the CEOs of the selected companies.

About the World Economic Forum
The World Economic Forum (http://www.weforum.org), based in Geneva, Switzerland, is an independent organization committed to improving the state of the world. Funded by the contributions of 1,000 of the world's foremost corporations, the Forum acts in the spirit of entrepreneurship in the global public interest to further economic growth and social progress. The Forum serves its members and society by creating partnerships between and among business, political, intellectual and other leaders of society to define, discuss and advance key issues on the global agenda. Incorporated in 1971 as a foundation, the World Economic Forum is impartial and not-for-profit, and is tied to no political, partisan or national interests. In 1995 the Forum was awarded NGO consultative status with the Economic and Social Council of the United Nations.

About Cicero Networks
Cicero Networks is a leading provider of wireless VoIP solutions enabling telecommunication service providers to deliver fixed mobile convergence services to their enterprise and residential customers. Cicero Networks delivers end-to-end SIP-based solutions which optimise the delivery of carrier-grade voice and other media services over alternative wireless networks including Wi-Fi, 3G and WiMAX. Partners include Comverse, Outsmart, Cirpack, Novabase,  and Barik. Cicero Networks is also a Nokia Forum Pro member. Founded in 2002, the company is headquartered in Dublin, Ireland. For more information, visit www.ciceronetworks.com

For further information, please contact:
Nick Ward
CMP Communications
Tel: +44 (0)20 7401 8001
Email: [email protected]

Notes to Editors:
Go to www.weforum.org/techpioneers/2007 for the entire list of Technology Pioneers and interviews with the CEOs of the selected companies. For more specific information, please e-mail: [email protected]

Download print-quality high resolution photographs of the CEOs of the selected companies at: www.pbase.com/forumweb/techpioneers2007

Nominate a company to be a Technology Pioneer 2008 at: www.weforum.org/pdf/techpioneers/nomination_form_2008.pdf. Deadline for submissions is May 2007.

© 2006 Cicero Networks Ltd. Cicero Networks, CiceroPhone and the Cicero logo are trademarks of Cicero Networks Ltd. All other registered trademarks are the properties of their respective owners.