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BENGALURU, INDIA – Subex, a leading telecom analytics solution provider, today announced its financial results for the year ended September 30, 2018.

Performance Highlights for the quarter ended September 30, 2018:
Revenue for the quarter at INR 8,806 lacs
- Up by 9% YoY from INR 8,106 lacs in FY18 Q2
Profitability
- EBIDTA for the quarter at INR 1,519 lacs which is more than double of INR 740 lacs in FY18 Q2
- Profit after Tax (PAT) for the quarter at INR 631 lacs which is more than double of INR 304 lacs in FY18 Q2
Highlights of the Quarter
- Town of Florence, Arizona, USA has chosen Subex to cybersecure their critical public infrastructure. When Florence launches its smart cities project, Subex will continue to be the cybersecurity partner for all projects coming under the plan.
- Launched new products such as SIP Security, Machine Learning infused Fraud Management solutions (SIM Box and IRSF), and Analytics Center of Trust (ACT)
- Increased visibility around IoT Security in key markets through partnerships and participation in summits such as Singapore Cyber Security Week and Mobile World Congress Americas.
Key Appointments
- G S Venkatraman appointed as Chief Financial Officer effective 30^th November 2018. Venkatraman joins Subex from Mindtree where he was the Financial Controller. He has over 20+ years of experience across all facets of the Finance function
- Shankar Roddam appointed as Chief Operating Officer w.e.f. December 5^th, 2018. Shankar, a veteran of 22 years, returns to the company for a second stint from Plivo. Previously, Shankar worked with Subex for 10 years where he was part of the Executive team in the capacity of Head – Emerging Markets and played a key role in establishing and setting up the Sales and Channel network in emerging markets. He also played an instrumental role during the initial growth phase of Subex. Shankar brings with him extensive international experience and the ability to scale businesses in highly competitive environments in the SaaS space

Vinod Kumar, Managing Director & CEO, Subex Limited said, “Every organization today has started on their digital transformation journey in some form or the other. To drive real business value from this transformation, these organizations require the support of strong technology partners to provide innovative solutions. Riding this wave of demand, we are pleased to have ended this quarter on a strong note, having achieved our targets. We closed a number of new marquee customer wins and witnessed good traction from the APAC, MENA, and Africa markets.

On the product front, we are continuing to see good traction for our cutting-edge IoT Security solution portfolio and closed our first smart city deal with the Town of Florence, Arizona. We also launched new products like Machine Learning infused Fraud Management solutions (specifically towards SIM Box and IRSF) and analytics solution called ACT (Analytics Centre of Trust). We as a company are continuously evolving to meet our customer’s need and hence It is critical to strengthen our talent pool. We are focussing on hiring the best talent available in the market and deploying training programmes to upskill our current employees. Another positive sign of the great work we are doing is that several ex-Subexians are returning to be part of this exciting journey we have undertaken.”

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About Subex

Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos.

Founded in 1992, Subex has spent over 25 years in enabling 3/4th of the largest 50 CSPs globally achieve competitive advantage. By leveraging data which is gathered across networks, customers, and systems coupled with its domain knowledge and the capabilities of its core solutions, Subex helps CSPs to drive new business models, enhance customer experience and optimise enterprises.

Subex leverages its award-winning product portfolio in areas such as Revenue Assurance, Fraud Management, Asset Assurance and Partner Management, and complements them through its digital solutions such as IoT Security and Insights. Subex also offers scalable Managed Services and Business Consulting services.

Subex has more than 300 installations across 90+ countries.

BANGALORE, INDIA – Subex , a leading telecom analytics solution provider, has announced that it has signed a new contract with Türk Telekom via its partner Gantek to deploy the latest version of its ROC Revenue Assurance solution. As part of this deal, Subex will be upgrading its existing Moneta deployments to ROC Revenue Assurance v6 and will cover the fixed-line, broadband and mobile operations of the merged entity of Türk Telekom and Avea.

Türk Telekom, with 177 years of history, is the first integrated telecommunications operator in Turkey. Having a wide service network and product range in the fields of individual and corporate services, Türk Telekom unified its mobile, internet, phone and TV products and services under the single “Türk Telekom” brand as of January 2016. Türk Telekom has 13.9 million fixed access lines, 10.1 million broadband and 19.9 million mobile subscribers as of March 31, 2018 and provides services in all 81 cities of Turkey.

Subex was selected after a competitive bid, with the help of its partner Gantek, wherein the company was able to successfully showcase the superiority of its Revenue Assurance solution, and how the integration of Hadoop and Machine Learning capabilities makes the solution future ready. As part of the deal, Subex’s ROC Revenue Assurance will enable Türk Telekom to have a converged Revenue Assurance platform, thus protecting their revenue across all their lines of business.

“We are excited to extend our long-standing partnership with Türk Telekom by upgrading our existing deployment to ROC Revenue Assurance v6. The latest version of the solution leverages native Hadoop architecture, along with Machine Learning capabilities, and can process over 30B CDRs a day. Through the deployment of ROC Revenue Assurance, we will protect their business with a convergent system that will cover all their business areas.” said Vinod Kumar, CEO and Managing Director, Subex.

Commenting on the development, Türk Telekom spokesperson said, “We have been partnering with Subex over the last ten years to safeguard our business from revenue leakages, and with the deployment of ROC Revenue Assurance v6, we look forward to expanding coverage into new and advanced areas of risk. We have selected Subex as their solution offered true future-proofing with the most advanced feature set to drive significant efficiency gains. As Revenue Assurance practitioners are transitioning to Business Assurance, it was imperative to partner with a vendor who shared our vision in terms of the direction of this domain. In addition, the Machine Learning capabilities gives Turk Telecom the agility to ensure an effective risk coverage while keeping pace with business.”

Gantek, a leading Systems Integrator in Turkey has also been involved by supporting the deployment and playing a large part in leading the project integration. Speaking on the announcement, Ahmet Ongun, CEO of Gantek, said, “We are happy to work with Subex on deploying their ROC Revenue Assurance at Türk Telekom. This new project strengthens the joint position of Subex and Gantek in the Turkish market as a leading team in the space of BSS”.

Subex’s ROC Revenue Assurance is the industry’s first revenue assurance solution that simplifies RA. The solution helps customers in addressing revenue assurance challenges inherent to individual service verticals: Wireless, Fixed, Cable MSPs, and MVNOs. It also helps address revenue assurance across multiple functional areas such as service fulfilment, usage integrity, retail billing, interconnect/wholesale billing, and content settlement in addition to revenue management in marketing, campaign management, offer development and lead management.
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About Subex

Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos.

Subex has more than 300 installations across 90+ countries. For more information, please visit: www.subex.com/

BANGALORE, INDIA – Subex (NSE: SUBEX) has released its financial results for Q1 FY19 ended June 30, 2018 on Tuesday, July 31, 2018. The details of the announcement are available here – https://bit.ly/2mYENbA

Subex will host an investor conference call at 4:30 p.m. IST on August 1, 2018 to discuss the results for the first quarter. Vinod Kumar, Managing Director and CEO will preside over the call.

To listen to the conference call and to ask questions, investors may dial into the following numbers:

Day, Date: Wednesday, 1^st August 2018

Time: 4:30 PM

Universal Access: +91 22 6280 1348 | +91 7115 8078

Local Access (Available all over India): +91 7045671221

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About Subex

Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos.

Founded in 1992, Subex has spent over 25 years in enabling 3/4th of the largest 50 CSPs globally achieve competitive advantage. Subex helps CSPs to drive new business models, enhance customer experience and optimise enterprises.

Subex has more than 300 installations across 90+ countries.

BENGALURU, INDIA – Subex Ltd, a leading telecom analytics solution provider, today announced its financial results for the year ended June 30, 2018.

Performance Highlights for the quarter ended June 30, 2018:
Revenue for the quarter at Rs.7,591 lacs
- Down by 0.3% YoY from Rs. 7,618 lacs in FY18 Q1
- License & Implementation at 26%, Managed Services at 40% & Support at 34% of the total revenues

Profitability
- Profit after Tax (PAT) for the quarter at Rs. 395 lacs up from loss of Rs. 101 lacs in FY18 Q1
- EBIDTA ex forex for the quarter at Rs. 448 lacs down from Rs. 954 lacs in FY18 Q1
Highlights of the Quarter
- Won multi-million-dollar contract from Optus to deploy its ROC Network Asset Management solution
- Announced the collaboration with a large automobile Original Equipment Manufacturer (OEM) to provide cutting-edge security solution to secure Connected Car Domains
- India Ratings and Research (Ind-Ra) has affirmed Subex Limited’s Long-Term Issuer Rating at ‘IND A-/Stable’
Awards Won
- Recognised by Pipeline Publishing for innovation in three categories: Big Data & Analytics, Managed Services and Security & Assurance

Vinod Kumar, Managing Director & CEO, Subex Limited said, “The results for the first quarter of FY19 are in line with our expectations. Historically Q1 revenues have been lower than average quarterly revenues, and we expect the revenues to grow in the coming quarters.

From a new business acquisition perspective, we witnessed a strong quarter and secured several long-term Managed Services contracts. Our IoT Security offering continues to see positive traction, with us acquiring more partnerships in the domain.”

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About Subex

Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos.

Subex has more than 300 installations across 90+ countries.

Bangalore, India – Subex, a leading telecom analytics solution provider, has won a multi-million-dollar contract with Optus, Australia to implement its ROC Network Asset Management solution.

Optus is one of the largest telecom operators in Australia and a fully owned subsidiary of Singtel. They offer mobile, enterprise and wholesale services and home entertainment, exclusive content including EPL.

Subex was selected after successfully demonstrating its strong domain expertise and unique value proposition while showcasing the superiority of its solution. As part of the deal, Subex’s ROC Network Asset Management will enable Optus to control all of its existing and new network investments through a well-defined network efficiency framework. This implementation will further help Optus to protect their network investments, improve utilisation visibility and provide better financial controls.

“We are excited to partner with Optus for enabling Subex’s ROC Network Asset Management solution. This win allows us to increase our footprint in the Australian market and for our ROC Network Asset Management product, which is a testament to our Subex 3.0 strategy. Moreover, the partnership will also play a larger role in the industry by providing guiding principles for cost management for global operators who are looking to undergo a network upgrade program” said Vinod Kumar, CEO and Managing Director, Subex.

Commenting on the development, an Optus spokesperson said, “We have designed a Network Assurance program that will ensure clear visibility across the complete lifecycle of the program. In line with this, we were looking for a collaborative partnership to implement an Asset Lifecycle Management system. Subex was selected for this deployment basis due to their domain expertise and successful deployment at other global customers”.

Subex ROC Network Asset Management is a Telecom Asset Lifecycle Management solution which provides a framework and controls to manage Network Capex efficiently. The solution also provides standardized processes for managing and optimizing network assets. The solution ties together the financial parameters of assets with current utilization and location, thus creating a 360o view of the asset. This enables effective validation of requests for Capex spend, generation of accurate reports for audits and better calculation of return on assets. The solution creates opportunities to generate free cash flow by identifying end-of-life assets for monetization.

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About Subex

Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos.

Subex has more than 300 installations across 90+ countries.

For more information, please visit: www.subex.com/

LONDON, UK – Subex, a leading telecom analytics solution provider, has announced that it has been recognised by Pipeline publishing for innovation in three categories: Big Data & Analytics, Managed Services and Security & Assurance. The Award function was held at Nice, France on May 14, 2018.

The ‘Innovations in Big Data & Analytics’ award recognized the capabilities of Subex’s ROC Insights advanced analytics solution which helps organizations be data-driven through the democratization of data science. For the ‘Innovations in Managed Services’ award, Subex successfully showcased its Managed Services offering which helps CSPs globally to stay on the growth path while driving business outcomes and protecting revenues backed by strong domain, technology, and operational expertise.

In terms of the ‘Innovations in Security & Assurance’ category, Subex demonstrated how its IoT Security solution, Subex Secure, offers comprehensive IoT security coverage from real-time discovery and monitoring to response and recovery. The solution leverages a one-of-its-kind honeypot network that combines physical devices and device emulations to generate IoT / ICS signatures.

“Pipeline is happy to see Subex recognized by the 2018 Innovation Award judges for its ongoing innovation in Big Data and Analytics, Managed Services, and Security,” said Scott St. John, Managing Editor of Pipeline. “The Pipeline Innovation Awards are exclusively judged by a panel of technical executives from service provider and analyst companies, and this year included experts from Telenor, Singtel, Windstream, and Analysys Mason; which only further validates Subex’s continued innovation in these areas by key stakeholders in the industry and, in particular, by those that leverage innovative technology products to deliver the most advanced communications services around the world.”

Vinod Kumar, CEO and Managing Director, Subex said “It gives us great pride and honour to be recognised at the prestigious Pipeline Innovation Awards for our

work in Analytics, Security and Managed Services. The Pipeline awards continue to be a fantastic platform for us to showcase our spirit of innovation and technical expertise, and the validation we have received signifies our commitment towards ensuring our customers a smooth digital transformation journey.”

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About Subex

Subex is a leading telecom analytics solutions provider, enabling a digital future for global telcos.

Founded in 1992, Subex has spent over 25 years in enabling 3/4^th of the largest 50 CSPs globally achieve competitive advantage. By leveraging data which is gathered across networks, customers, and systems coupled with its domain knowledge and the capabilities of its core solutions, Subex helps CSPs to drive new business models, enhance customer experience and optimise enterprises.

Subex leverages its award-winning analytics solutions in areas such as Revenue Assurance, Fraud Management, Asset Assurance and Partner Management, and complements them through its newer solutions such as IoT Security. Subex also offers scalable Managed Services and Business Consulting services.

Subex has more than 300 installations across 90+ countries.

BENGALURU, INDIA – Subex Ltd, a leading telecom analytics solution provider, today announced its financial results for the year ended March 31, 2018.

Performance Highlights for the year ended March 31, 2018:
Revenue for the year at Rs.32,432 lacs
- License & Implementation at 34%, Managed Services at 33% & Support at 33% of the total revenues

Profitability
- EBIDTA ex forex for the year at Rs. 5,077 lacs
- Profit after Tax (PAT) for the year at Rs. 2,068 lacs up by 148% from loss of INR (4,323) lacs in FY17
Reduction in Working Capital to INR 32 crs as at 31^st March 2018 from INR 85 crs as at 31^st Mar 2017
Highlights of the year
- Announced the launch of its IoT Security Lab which will solve threats specific to IoT industrial control systems (ICS) and IT systems
- Hosted the first edition of the its Cybersecurity Symposium with Singapore’s Nanyang Technological University (NTU)
- Subex Secure selected by Pod Systems to provide advanced security for IoT Billing and Connectivity Service
- Announced the launch of its Consulting and Advisory Services for telecom business assurance
- Signed a global framework agreement with ElevenPaths, Telefonica Cybersecurity Unit to provide a disruptive FMaaS solution
Key Appointments
- Vinod Kumar Padmanabhan appointed as Managing Director and CEO w.e.f. 1^st April 2018

Vinod Kumar, Managing Director & CEO, Subex Limited said, “FY 2017-18 was an interesting year with the overall telecom BSS market, our core product category, remaining flat and growing segments within emerging markets myriad with geopolitical and currency crunch situations. Even though we had a reduction in revenue, we completed the year with an increased contracted order bookings and improved operational profitability. During the year we have successfully reduced our working capital and cleared all outstanding FCCB debts, which has led to notable savings in our interest cost.

Further, we have made substantial progress on our core portfolio as well as on our high growth digital security portfolio. Our core platform currently supports big data stacks and have been enhanced with Machine Learning capabilities. Subex Secure our new multi-vertical IoT Security solution with the largest threat intelligence library, already protects over 8 million IoT devices. The IoT Security Laboratory and various partnerships that we have signed will help us to secure a portion of the expected multi-fold increase in the IoT Security market. We look forward to rolling out more growth initiatives in the current year.”

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About Subex

Subex Ltd. is a leading telecom analytics solutions provider, enabling a digital future for global telcos.

Subex has more than 300 installations across 90+ countries.

Also announces the launch of its IoT Security Lab

BANGALORE, INDIA – Subex, a pioneering entity in the Cybersecurity space, hosted the first edition of its Cybersecurity Symposium with Singapore’s Nanyang Technological University (NTU). The Symposium aimed towards creating a collaborative platform for the industry and academia to discuss ideas and initiatives around cybersecurity education. Representing NTU Singapore was esteemed NTU Academician and cybersecurity practitioner Prof Lam Kwok Yan, who provided his overview of the cybersecurity landscape in Singapore and perspectives on how the lessons learnt can be applied to the Indian ecosystem.

Also taking place on the same day was the launch of Subex’s IoT Security Lab, which will solve threats specific to IoT industrial control systems (ICS) and IT Systems. Using the world’s most comprehensive IoT and ICS focused honeypots of over 400 different architectures and over 4000 devices, Subex IoT Lab collects threat intelligence across multiple verticals including Telecom, Academics, Enterprises, Defense and Smart City projects. As part of the lab inauguration, Subex also announced that it will be opening its lab up to public-private partnerships with universities such as NTU and other colleges in Bangalore with a goal to create specific IoT security threat detection and prevention mechanisms for IoT ecosystems.

The Cybersecurity symposium also witnessed the formation of a Cyber Security Academic Forum with the objective of establishing an ecosystem in the country for cyber security research to emerge and grow, with the main mission to foster “A Safer Cyberspace”. This forum will provide a unique opportunity to meet and discuss the current issues of cyber disruption and the ever-changing landscape of cyber security and IoT security related threats.

Speaking at the Cybersecurity Symposium, Vinod Kumar, CEO and MD, Subex said, “With increasing threats in the Indian and Global cyberspace, we believe that education and awareness around cybersecurity will play an important role towards preparing and securing our critical assets against these threats. However, the topic of cybersecurity is yet to gain prominence within colleges in India, leading to gaps in the available talent pool. We are extremely proud to be partner with NTU Singapore to host the Cybersecurity symposium, and play a part in addressing this gap. The symposium witnessed collaborative discussions and brainstorm sessions between the industry and academia to identify ways to improve cybersecurity education in the country. Having Prof. Lam Kwok Yan provide his expertise on the topic was of tremendous value.

Further, we also inaugurated our IoT Security Lab that will now be open to public-private partnerships with universities. The lab provides research opportunities on IoT Security threat intelligence using a one-of-its kind honeypot network. This along with the continuous monitoring of over 8.5 million customer devices have enabled us to obtain 30% more IoT and ICS threat signatures and thereby offer a comprehensive IoT threat intelligence and prevention solution to our customers.”

About Subex

Subex is the market leader in the products Security and Fraud Management market, with over 180+ customers in total. Subex is a pioneering entity in the Cybersecurity space involved in multiple public and private partnerships in India. The company runs the world’s most comprehensive IoT and ICS focused honeypots of over 400 architectures in 32 locations around the world.

Visit www.subex.com/ for more information

About NTU

A research-intensive public university, Nanyang Technological University, Singapore (NTU Singapore) has 33,000 undergraduate and postgraduate students in the colleges of Engineering, Business, Science, and Humanities, Arts and Social Sciences, and its Interdisciplinary Graduate School. In 2017 NTU was placed 11th in the world and the best in Asia in the Quacquarelli Symonds (QS) World University Rankings. It was again placed the world’s best young university (under 50 years old) by QS for the fourth consecutive year in 2017. In addition, NTU was named the world’s fastest rising young university by Times Higher Education in 2015.

The Board of Subex Ltd, a leading global provider of Business Support Systems (B/OSS) for Communications Service Providers, has today appointed Mr. Vinod Kumar as Managing Director and CEO of the Company effective 1st April 2018, on expiry of the term of Mr. Surjeet Singh. Vinod has been Subex’s Chief Operating Officer since 2013 and is also a member of the board.

Mr. Anil Singhvi, Chairman said “We are excited to appoint Vinod as the next CEO of Subex. We’ve selected a strong leader from within at a time when Subex is in a very stable position. Having spent more than 20 years at Subex, Vinod knows well its’ ecosystem and is a champion of the culture and ethos of Subex and has an ability to inspire, energize, and connect with customers, employees and other stake holders. This, combined with his ability to strategize and execute, is what Subex needs as we enter the next chapter of growth and will move the company forward with the speed required to capitalize on the opportunities in front of us”.

Vinod Kumar joined Subex in 1997 and was part of the team that created software business at Subex and was instrumental in creating the sales and marketing channels that has become a great strength of Subex. He moved quickly through the company’s rank and most recently served as Chief Operating Officer of Subex and is also a member of its board. In his role as COO he led the worldwide operations covering portfolio development, business acquisition and fulfilment. He has helped lead and execute many of the company’s new initiatives including managed services which accounts for over 25% of the current revenues at Subex.

On this occasion Vinod Kumar said “I am honoured to lead Subex, as we take our next step towards making Subex a growing, profitable and sustainable company. Over the last 25 years, we have emerged as a global leader in the revenue and capex management space within the Telco segment, saving millions of dollars for our customers. The increasing adoption of digitization and IoT expands the market that we operate and make it extremely exciting. The opportunity that lies ahead for Subex is enormous and the ability to lead it to the next phase is deeply humbling and exhilarating. Our global customer base and a set of extremely committed Subexians gives me the confidence that we have a great future ahead”.

In expressing its appreciation to Mr. Surjeet Singh, the board of directors recognized his contribution towards bringing stability at Subex and turning it profitable. “Subex is stronger and sustainable company following Surjeet’s over five-year tenure as MD and CEO” added Mr.Singhvi. “Surjeet personified strong leadership, by challenging the status quo and tackling complex issues at a very critical stage of the company. We wish Surjeet success in his future endeavours.”

About Subex

Subex Ltd. is a leading telecom analytics solutions provider, enabling a digital future for global telcos. Founded in 1992, Subex has spent over 25 years in enabling 3/4th of the largest 50 CSPs to globally achieve competitive advantage. By leveraging data gathered across networks, customers, and systems coupled with its domain knowledge and the capabilities of its core solutions, Subex helps CSPs to drive new business models, enhance customer experience and optimise enterprises.

Visit www.subex.com/ for more information