CosmoCom Ranked Number One Fastest Growing Technology Company on Long Island on the 2002 Deloitte & Touche Technology Fast 50

CosmoCom attributes its 7,807 percent revenue growth to its innovative IP-based contact center solutions

MELVILLE, NY, October 22, 2002 — CosmoCom, Inc., the leading provider of IP (Internet Protocol) based call centers, today announced that it ranked number one on the 2002 Deloitte & Touche Technology Fast 50, a ranking of the 50 fastest growing technology companies on Long Island. Rankings are based on percentage revenue growth over five years, from 1997-2001. CosmoCom grew 7,807 percent during this period.

CosmoCom’s CEO, Ari Sonesh, credits CosmoCom’s innovative IP contact center technology and strong focus on helping telcos and outsourcers deliver next-generation contact center solutions with the company’s 7,807 percent revenue growth over the past five years. He said, "CosmoCom understood the great potential of IP technology and was an early adopter in developing IP-based contact center solutions. This, combined with our strategy to help service providers and outsourcers offer the most flexible and functional contact center solutions, has fueled our growth and helped make CosmoCom the fastest growing company on Long Island."

"With its top ranking on the prestigious Deloitte & Touche Technology Fast 50, CosmoCom’s leaders have proven that they have the vision and the fortitude to excel in the highly competitive technology industry," said Mark A. Evans, managing director of Deloitte & Touche’s Technology, Media & Telecommunications Group. "We congratulate CosmoCom on becoming the fastest growing technology company on Long Island."

The Long Island Fast 50 combined to account for $25.6 billion in revenues for 2001, up from a combined $17.7 billion in 1997. This represents an increase of 44 percent.

About CosmoCom
CosmoCom is the leading provider of all-IP, universal access contact center platforms. CosmoCom’s flagship product, CosmoCall Universe™, is a carrier-class system providing true next generation capabilities for mission critical contact center applications. CosmoCall Universe supports multichannel customer interactions via telephone and Internet, live and message-based, fixed and wireless - in one high capacity, high availability, multi-tenant platform. CosmoCall Universe also enables telcos to offer network-based routing and pre-routing services to their contact center customers. Headquartered in Melville, New York, with offices and distribution partners throughout the world, CosmoCom has received an array of industry awards. For more information about CosmoCom, please visit www.cosmocom.com.

About Deloitte & Touche
Deloitte & Touche, one of the nation’s leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work for in America" by Fortune magazine for five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and its related entities. Deloitte & Touche is the U.S. national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche’s Web site at www.deloitte.com.

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