Brilliant Telecommunications Selected as One of California’s Most Promising Companies

Brilliant Telecommunications, Inc. (Brilliant), a developer of next-generation network synchronization and timing solutions, has been selected to participate and present at the California Tech Showcase 2008 (CTS 2008, www.CaliforniaTechShowcase.com) in La Baule, France, June 4th through June 6th, 2008.

After extensive review of over 700 companies by the CTS 2008 selection committee, Brilliant Telecommunications was selected as one of California’s most promising companies who exhibit technology innovation and leadership. The CTS 2008 selection committee includes senior executives from leading European companies such as Siemens, T-Mobile, British Telecom, SAP, ST Microelectronics, Burda, Electricite de France, Societe Generale and Bouygues Telecom, among others.

Hosted by EuroStart Capital Partners LLC, a San Francisco-based venture fund, CTS 2008 offers the opportunity for select California companies to launch and accelerate their business in Europe. CTS 2008 sponsors include Dow Jones Venture Source, VLAB MIT/Stanford Venture Lab, Europe+ Foundation, Nair & Co., Inc., NYSE Euronext Stock Exchange, the State of California and Avenir Finance.

The Showcase is being held in conjunction with the World Investment Conference.  The World Investment Conference (WIC 2008, www.worldinvestmentconference.com) features hundreds of corporate and political leaders from firms such as Sony, Freescale, EDF, Nokia, BT, Total and Siemens, as well as government officials from around Europe.
This high-profile event will allow Brilliant Telecommunications to present to and meet with 200-300 CEOs, CIOs and CTOs from Europe’s largest businesses. EuroStart will arrange at least five one-on-one meetings between Brilliant Telecommunications and CxOs of European companies. “This is an excellent opportunity for Brilliant Telecommunications to identify potential clients, business partners and investors. CTS 2008’s unique format will catalyze immediate revenue ramp-up in Europe,” said Jean-Bernard Guerrée, Managing Director at EuroStart.

 “Since inception Brilliant Telecommunications has developed standards-based, GNSS solutions that address the end-to-end timing requirements from the access edge to the network core through packet-aware timing technology,” commented Dr. Charles Barry, President and CEO, Brilliant Telecommunications. “This approach delivers essential timing for a wide variety of applications including femtocells, wireless backhaul and mobile basestation hand-off. Brilliant is pleased to accept this endorsement from CTS and welcomes the opportunity to meet with European business leaders as we realize our expansion plans into Europe.”

The global press coverage of the two conferences includes the Wall Street Journal, International Herald Tribune, CNBC, EuroNews, BBC, BSkyB, CNN and others.  
Dates: June 4-6, 2008
Where: The Congress Center Atlantia, La Baule, France
Presentation time: Thursday, June 5, 12:30 – 1:00 pm

About The California Tech Showcase
The California Tech Showcase is focused on bringing together the hottest Silicon Valley companies with the titans of the second largest technology market in the world: Europe. The emphasis throughout the conference is to foster deals, distribution, European expansion, and partnership agreements through closely orchestrated one-on-one meetings and creative matchmaking by EuroStart, the conference organizers. There will also be keynotes, round-tables and conference-wide mixers to further enhance the value of the conference to attendees.

About Brilliant Telecommunications
Founded in 2004, Brilliant Telecommunications designs, develops and distributes a family of network timing, management and synchronization solutions, including carrier-class network time protocol (NTP) and precision time protocol (PTP) servers, Primary Reference Sources (PRS), and Building Integrated Timing Supplies (BITS). These highly accurate end-to-end timing network solutions deliver Service Level Agreement (SLA) monitoring and management capabilities, in addition to providing timing and synchronization to the most time-sensitive applications in legacy and next-generation IP networks.

For more information please visit www.BrilliantTelecom.com .

ONSET Ventures Leads $6.1 Million Series B Investment in Network-based Timing Developer Brilliant Telecommunications

Funding strengthens Brilliant’s new product development and global expansion efforts

Campbell, Calif. January 28, 2008 – Brilliant Telecommunications, Inc. (Brilliant), a developer of next-generation network synchronization and time solutions, today announced it has secured $6.1 million in Series B funding, bringing Brilliant’s total raised capital to $13.2 million. ONSET Ventures led the round with participation from Asset Management, Draper Associates, Draper Richards, and additional strategic investors. Series B funds raised will be used to expand sales efforts, support on-going field trial and deployment activities.

“This financing round provides the opportunity for Brilliant to augment our product development efforts as well as expand market penetration in the US and internationally.” said Dr. Charles Barry, president and chief executive officer, Brilliant Telecommunications. “The continued confidence shown by our investors ensures that we will continue to realize our vision of delivering timing solutions for today’s TDM-based networks while offering a migration path to IP-rich technologies and lead the way for carrier-class IP backhaul networks.”

Brilliant Telecommunications has developed an innovative approach to deliver timing and synchronization solutions required for the next-generation of bandwidth hungry, revenue generating, time-sensitive applications such as streaming video, interactive gaming, IPTV and VoIP. Brilliant’s hardware platforms coupled with the company’s service level agreement (SLA) performance and monitoring software, provide a complete edge-to-core solution for the service provider that are deployable, manageable and affordable. Brilliant offers a full spectrum of highly accurate timing products which include network timing servers and clients, OEM modules, licensable intellectual property core technology and network management systems.

Brilliant has entered into major engagements with multiple mobile telecommunications market leaders, providing timing solutions that ensure handoffs, reduce dropped calls and enable femtocells that work seamlessly anywhere in the IP backhaul network.

“We are pleased with the traction Brilliant has been gaining with telecommunications service providers, domestically and abroad,” said Susan Mason, general partner, ONSET Ventures, and Brilliant board member. “This underscores the market potential for Brilliant’s technology to conquer the challenges faced by the network today and in the future”

About ONSET Ventures
ONSET Ventures specializes in providing “venture craftsmanship”–an ideal mix of start-up, follow-on, and intellectual capital to entrepreneurs and early-stage technology ventures, to help transform world-class ideas into sustainable and valuable businesses. The firm has backed over 100 companies since 1984 and now has more than $700 million under management. Based in Menlo Park, California, ONSET focuses exclusively on information and medical technology-based start-ups, and has a long history of successful ventures in each of these sectors. www.onset.com

About Brilliant Telecommunications
Founded in 2004, Brilliant Telecommunications designs, develops and distributes a family of network timing, management and synchronization solutions, including carrier-class network time protocol (NTP) and precision time protocol (PTP) servers, Primary Reference Sources (PRS), and Building Integrated Timing Supplies (BITS). These highly accurate end-to-end timing network solutions deliver Service Level Agreement (SLA) monitoring and management capabilities, in addition to providing timing and synchronization to the most time-sensitive applications in legacy and next-generation IP networks.

For more information please visit www.BrilliantTelecom.com