Verso Announces Significant Order from China

“This is the largest order we have received yet from this customer. The significance to Verso is that this shows our business with this important customer is growing. One of the initiatives I put in place immediately upon accepting the role of President and COO is that we must, and we will, grow our business with our best customers. This is certainly one of the largest and best telecommunications equipment customers in the world, and this kind of order is precisely what I expect,” said Mark Dunaway, President and Chief operating Officer of Verso.

NetPerformer® relies upon the highest possible quality of service (QoS) algorithms to compress voice and data traffic enabling operators and enterprises to optimize bandwidth and reduce operational expense. With NetPerformer® the converged network can be centrally administered which significantly reduces the costs of on-site administrative support or remote enterprise facilities.

Forward Looking Statements
Certain statements contained in this release that are not statements of historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words - "believe," "expect," "anticipate," "intend," "will," and similar expressions are examples of words that identify forward-looking statements. Forward-looking statements include, without limitation, statements regarding our future financial position, timing of future orders, business strategy and expected cost savings. These forward-looking statements are based on our current beliefs, as well as assumptions we have made based upon information currently available to us. These forward-looking statements may be affected by the risks and uncertainties in our business and are qualified in their entirety by the cautionary statements and risk factor disclosure contained in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended December 31, 2006 and our quarterly reports on Form 10-Q filed subsequent thereto. We do not assume, and expressly disclaim, any obligation to update these forward-looking statements.-Verso Technologies