NBS Acquires Operations of Simlab.Net

Wayne, NJ, June 04, 2008 --(PR.com)-- NBS announced today the purchase of the operations of Simlab.net, a New Jersey based managed service provider that specializes in deploying managed private Wide Area Networks, Internet and VoIP services. The synergies available through such an acquisition became evident over time as Simlab and NBS had been providing services to each other for the past five years. Continuing efforts to expand and grow its influence in the VoIP and data services sector, NBS will add Simlab's resources to its already significant abilities. The combined resources will enhance NBS' capacity to provide traditional telecom, advanced IP voice communications and IT services as well as managed networks and high-speed internet connectivity.

"The synergies were obvious from the start," stated Jon Kaufman, NBS' founder and CEO. "The combined operation will seamlessly supply our customers with a suite of traditional and IP based voice services, along with a full complement of data and Internet services," he added. The integration of Simlab affords NBS the opportunity to add ISP status to its existing arsenal, and Simlab’s CPE and broadband solutions further strengthen NBS’ reputation as a complete communications provider, offering a true one-stop shop approach.

"As we continue to add new features, systems, and capabilities to our services platform, it is important that we maintain our leadership role in flexible, custom-tailored solutions," stated company President Russell P. Markman. He continued, "the addition of Simlab’s employees provides us with this opportunity, through their experience and abilities in connectivity, WAN deployment, and QoS intensive applications.” The company expects that its clients and distributors will quickly reap the rewards of this acquisition, as NBS evolves into a diverse entity that is both CLEC and ISP, as well as reseller and wholesaler. As an advanced next generation telecom provider, the combined company validates even further NBS’ longstanding OneSource philosophy; offering complete end-to-end voice and data communications solutions to its customers nation-wide.

Founded in 1984, NBS (Network Billing Systems LLC) provides a wide variety of voice, data, and Internet services to a diverse customer base that includes residential, small business, and large corporate clients. With its own systems for electronic provisioning, customer care, and flexible billing, NBS interfaces with several world-class carriers including AT&T, Verizon, Qwest, Covad, Level3 and Paetec. NBS also offers V.o.I.C.E. (Voice over Internet Communications Exchange), its own fully featured VoIP platform providing hosted and trunk replacement voice services to wholesale, commercial, and residential customers. These unique capabilities allow NBS to provide unified invoicing and one-stop customer care, while allowing its clients the ability to mix various services from multiple carriers. NBS also provides its high quality support and back-office infrastructure to wholesale clients ranging from small resellers to large carriers.

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