Light Reading Names the Leading Lights of the Telecom Industry

Winners of the fifth annual Leading Lights Awards unveiled

PRNewswire
NEW YORK
(:UBM.L)
Oct 21, 2008

NEW YORK, Oct. 21 /PRNewswire/ -- TechWeb's Light Reading (http://www.lightreading.com/), the world's leading online publication for the telecom industry, today announced the winners of its Leading Lights Awards 2008, recognizing top companies and their executives for their outstanding achievements in the communications industry.

Light Reading received hundreds of nominations for the fifth annual Leading Lights Awards. The winners survived weeks of scrutiny and debate by a staff of more than a dozen editors and analysts from Light Reading and its research division, Heavy Reading. And for the first time, Light Reading readers gave us their input as well.

The winners are listed below by category. For more details on the Leading Lights Winners see here: http://www.lightreading.com/document.asp?doc_id=166259&page_number=1

Person of the Year: Awarded to the individual that our editorial staff, with the help of reader votes and nominations, selected as having had the most remarkable impact on the business of next-generation communications during the past 12 months.

The Winner: Anil D. Ambani, Chairman, Reliance Communications

Best New Service: Awarded to the service provider or carrier that has most successfully deployed a market-leading, revenue-generating service based on next-generation telecommunications technology.

The Winner: Sprint Nextel's XOHM Mobile WiMax

Best New Product: Awarded to the company that has developed a market-leading product that, through engineering and technical excellence, best enables the deployment of profitable next-generation telecommunications services.

The Winner: ECI Telecom's SR9700 Series CESRs

Best New Startup: Awarded to the recently launched private company that our editors believe has the best chance at success because of its proven managers, solid backing, and interesting products or services addressing next-generation communications markets.

The Winner: Menara Networks

Best Investment Potential: Awarded to the public company that represents the best long-term potential return on investment by virtue of solid management, product development, and market growth potential.

The Winner: Nokia Corp.

Top IPO or M&A Candidate (Private Company): Awarded to the private company that most clearly has the management, products, and financial stability to launch a successful IPO or become an attractive acquisition within the next 12 months.

The Winner: Transmode

Best Deal Maker: Awarded to the company that has consistently demonstrated good timing, judgment, and execution in high-profile acquisitions, joint ventures, strategic investments, or other creative ways of extending its reach in the market.

The Winner: Nokia Siemens Networks

Best Marketing: Awarded to the company that has best communicated a specific technology vision and/or business proposition to customers and investors, especially in cases where the company has defined and led the market.

  The Winner: Cisco Systems Inc.

  About Light Reading

Founded in 2000, Light Reading (http://www.lightreading.com/) is the leading online media, research, and focused event company serving the $3 trillion worldwide communications market. Lightreading.com is the ultimate source for technology and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading's research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, Ethernet Expo New York and Ethernet Expo London, The Tower Summit @ CTIA, and Optical Expo, as well as focused one-day events tailored for cable, mobile, and wireline executives. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.

About TechWeb

TechWeb (http://techweb.com/aboutus), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events, Interop, Web 2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also provides end-to-end services including next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.

*13.3 million business decision-makers: based on number of monthly connections

About United Business Media Limited (http://www.unitedbusinessmedia.com/)

United Business Media Limited (UBM) is a global media and marketing services company that informs markets and brings the world's buyers and sellers together at events, online, in print, and with the information they need to do business successfully. UBM serves professional and commercial communities, from IT professionals to doctors, from journalists to jewelry dealers, from farmers to pharmacists around the world. UBM employs more than 6,500 people in more than 30 countries. UBM's businesses operating in the US include CMPMedica, Commonwealth Business Media, Everything Channel, PR Newswire, RISI, TechInsights, TechWeb and Think Services. UBM is listed on the London Stock Exchange (UBM.L) and has a market capitalization of $2.5 billion.

SOURCE: Light Reading

CONTACT: Amy Averbook, Director of Corporate Marketing, Light Reading,
averbook@lightreading.com

Web Site: http://techweb.com/aboutus
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