Company continues steady growth with addition to senior management team

Herzlia, Israel, January 23, 2008 – Flash Networks, a leading provider of mobile Internet Quality of Experience (QoE) solutions, today announced the appointment of Norman Tutnauer as the company’s new Vice President of Worldwide Sales.

Another step in Flash Networks’ expanding worldwide market presence, Tutnauer brings over 20 years of experience in the telecommunications industry after working for leading OSS/BSS companies such as TTI (Team Telecom International Ltd.) (NASDAQ:TTIL), and FTS, formerly Formula Telecom Solutions Limited (LSE: FTS).

A seasoned professional, Tutnauer brings to Flash Networks extensive expertise in expanding sales forces internationally, formulating of sales and marketing initiatives and fostering and managing long term global customer relationships.

“The addition of Norman Tutnauer to our senior management team adds the kind of leadership that will bring our growing company to the next level,” says Liam Galin, President and CEO of Flash Networks. “His career illustrates a proven ability to expand global presence while driving sustained profitable growth.  We’re thrilled to have Norman on board.”