ORANGE, Conn., April 23, 2008 — Tangoe, Inc., a leading global provider of enterprise communications lifecycle management software and technology-enabled services, today announced the release of its CommCare™ Inventory Foundation service. Offered as an option in Tangoe’s CommCare managed services suite of offerings, or as a stand-alone project, Inventory Foundation enables clients to build a complete, accurate database of fixed and mobile telecom inventory throughout an enterprise—serving as a solid foundation upon which to build a best-in-class telecom expense management (TEM) program.

The CommCare Inventory Foundation service consists of a consolidated fixed and mobile communications inventory creation paired with a comprehensive communications bill audit and optimization. Together these elements enable clients to realize significant, ongoing savings by identifying hidden waste and process inefficiencies and redundancies. The Inventory Foundation service is also used to establish a baseline standard prior to entering into carrier contract negotiations. Designed as a virtually cost- and risk-free investment option, the two-part service applies cost savings realized through bill auditing and optimizations to offset the costs of building a comprehensive enterprise-wide communications inventory. Tangoe clients identify an average reduction of approximately 5-15 percent in annual telecom costs as a result of a bill audit—savings that far exceed associated inventory creation-related costs.

“Although we’re formally introducing our Inventory Foundation service as a CommCare managed service offering, we’ve already built an extensive base of experience and expertise helping global enterprises with both telecom inventory consolidation and management, and bill auditing,” commented Tangoe president and CEO Al Subbloie. “Clients who have worked with Tangoe in these two areas found that, in the span of a few months, they achieved a positive return on investment from the cost savings and carrier credits captured from the subsequent bill audit and optimization. When you factor in on-going annual savings from efficiency improvements, better managed inventory, and lower negotiated carrier rates, you can understand why clients have found the inventory foundation service to be a highly cost effective initiative.”

About Tangoe
Tangoe, Inc., a global leader in telecommunications lifecycle solutions, provides software and technology-driven services that enable global organizations to procure, manage, and control their fixed, mobile, and converged communications assets and their costs. Tangoe's software and service solutions are built upon patented technologies that enable dramatic cost reductions and process efficiencies, which significantly contribute to organizational profitability. Global 2000 organizations worldwide depend on Tangoe solutions to more effectively manage their telecommunications processes. In 2007, Tangoe was named No. 149 on the Entrepreneur Hot 500 ranking of America's fastest growing companies and was named the fifth fastest growing Connecticut technology company in the Deloitte Technology Fast 50. Tangoe has offices in Orange, Connecticut, Austin, Texas, and Hoboken, New Jersey. Tangoe provides solutions in the United States through direct and partner sales channels, and internationally through a global network of certified business partners.

Additional information about Tangoe, its CommCare services, patented technologies, and business partners can be found at www.tangoe.com, or requested via e-mail at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it , or by calling (203) 859.9300.

Tangoe is a registered trademark and CommCare is a trademark of Tangoe, Inc.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this letter. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, changes in: economic conditions generally, changes in technology, legislative or regulatory changes that affect us, the availability of working capital, changes in costs and the availability of goods and services, the introduction of competing products, changes in our operating strategy or development plans, our ability to attract and retain qualified personnel, and changes in our acquisition and capital expenditure plans.