Company attributes 310 percent revenue growth to its expanded fixed, mobile, and converged communications capabilities

Austin, Texas and Orange, Conn., October 15, 2007 — Tangoe, Inc., a leading global provider of enterprise communications lifecycle management software and technology-driven solutions announced that it has been ranked number 39 on Deloitte's prestigious Technology Fast 50 Program for Texas. The 2007 Fast 50 Program—based on revenue growth percentage over the five years from 2002–2006—is a ranking of the fifty fastest growing technology, media, telecommunications, and life sciences companies in Texas by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Tangoe’s ranking reflects the revenue growth of TRAQ Wireless prior to the merger with Tangoe, Inc. in March 2007.

Tangoe chairman and former TRAQ Wireless president and CEO Rick Pontin credits the Company's 310 percent five year revenue growth to its ability to address expanding customers needs with innovative solutions capable of managing the complete range of fixed, mobile and converged communication processes. The average revenue growth of Deloitte’s Texas Technology Fast 50 companies was 1,766 percent.

“Being recognized by Deloitte as one of Texas’ fastest growing technology companies is a reflection of our ability to address the explosive growth of fixed, mobile, and data communications and the evolving needs of the marketplace,” commented Pontin. “We’ve developed our communication lifecycle management solutions in direct response to the needs of global organizations looking to manage all of their communication processes in a comprehensive and unified way.”

Tangoe and TRAQ Wireless merged in March 2007 and the newly formed company is a recognized leader in the telecommunications lifecycle management marketplace. The Company also has more than 250 leading global clients, comprehensive technology-based solution offerings, multiple technology patents, extensive domain expertise, and a robust global channel partner program.

“Deloitte’s Texas Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Skip Moore, Deloitte & Touche LLP, Managing Partner, Technology, Media & Telecommunications. “We applaud the successes of Tangoe and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years.”

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.

Companies from the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

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. In 2006, Tangoe was No. 105 on the Inc. 500 list of fastest growing private companies, ranked No. 64 on Deloitte's Fast 500, and was named the second fastest growing Connecticut technology company in the Deloitte Technology Fast 50. Tangoe has offices in Orange, Connecticut, Austin, Texas, and Manchester, England, 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.

About Deloitte

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Tangoe Contact:

Renee Maler
Philosophy PR + Marketing
925.968.9495
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Deloitte Contact:

Jerry Bennett
Deloitte PR
214-840-7035

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.