The Acquisition Provides Kranem Access to the
               Telecommunications Industry in Italy

SAN MATEO, Calif., Dec. 6, 2011 (GLOBE NEWSWIRE) -- Kranem Corporation
(OTCBB:KRAN), announced that on November 30, 2011 it acquired
privately-held Alfa Sistemi Telemedia Srl., a value added reseller
(VAR) in the Italian telecommunications industry with a strong
marketing and sales presence. We anticipate that the acquisition will
provide Kranem Corporation an important sales and marketing channel in
the Italian telecommunications industry and in turn will provide Alfa
Sistemi a new enhanced product offerings and financial resources to
expand its business. In 2010, Alfa Sistemi reported net revenue of over
$4.0 million and was profitable.

Kranem's CEO, Mr. Ajay Batheja stated, "We believe that our telecom
security products are a strong strategic fit with Alfa Sistemi's sales
expertise and solid customer support. In addition, Kranem gains a new
sales channel and access to major customers in the Italian
telecommunications market." Kranem Corporation is a leading provider of
digital security products and services providing end-to-end Revenue
Maximization, Proactive Intelligence and Analytics solutions to
telecommunications providers, law enforcement agencies and the homeland
security agencies in India, Africa and some other Asian countries. "We
believe this acquisition will provide a strong opportunity to introduce
Kranem's homeland security products to the European law enforcement,"
Mr. Batheja added.

In addition, the merger is expected to be a good fit for both companies
as both are focused in business to business markets on developing
strong, long-term customer relationships and providing exceptional
customer support and service.

In the telecom security market, Kranem provides proprietary software
modules that address different aspects of the telecom security market.
Kranem offers its proprietary Business Analytics & Intelligence
solution especially designed for communication service providers
("CSP") to address the core challenge of seamless transition of simple
data into intelligent actionable information.


  --  xTRA is a very flexible and innovative Revenue Assurance solution, that
      allows traffic to be monitored, highlighting all "anomalies" which could
      indicate an incorrect use of service. The module defines, monitors and
      controls revenue streams at various processes within the CSP'
      business.

  --  FraudTrace is an innovative, convergent and future ready fraud detection
      and management solution, which identifies anomalies by monitoring all
      services, traffic data, customer usage patterns and network element
      behavior.

  --  OSS/BSS solutions for managing complex networks ranging from Legacy
      systems till next-generation services, comprising Convergent Mediation
      system (xMedDy), Inter-Operator Administration and Accounting system
      (InterTrace), Service Provisioning and Service Fulfillment Solution
      (xServPro).




About Kranem/Xalted Group:

The Kranem/Xalted Group is a leading global provider of end-to-end
actionable Intelligence, Analytics and Revenue Maximization software
and solutions serving some of the world's largest law enforcement
agencies, government agencies and telecom and data services providers.
By providing advanced tools to monitor communications and optimize
decision making, the Kranem/Xalted Group helps law enforcement and
government agency customers defend against security threats created by
terrorists and criminal activity throughout the world. For telecom
customers, the Kranem/Xalted Group provides software and solutions that
are created to improve business performance, increase operational
efficiency, maximize revenues and enhance safety and security.

The company is headquartered in San Mateo, California, USA, with
additional offices located in Mumbai, Delhi, Bengaluru, and Baddi,
India. For more information, please visit: www.kranem.com

Forward-Looking Statements

This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 and are
indicated by words such as "anticipates" and other similar words or
phrases. Such forward-looking statements are subject to a number of
risks and uncertainties that could cause the actual results or
performance of the company to differ materially from those described
herein, including but not limited to the impact of the global economic
environment on the company's customer base (particularly telecom and
law enforcement agencies) and the resulting uncertainties; changes in
technology and market requirements; decline in demand for the company's
products; inability to timely develop and introduce new software,
services and applications; difficulties or delays in absorbing and
integrating acquired operations, technologies and personnel; loss of
market share; pressure on pricing resulting from competition; and
inability to maintain certain marketing and distribution arrangements.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof, and
Kranem Corporation undertakes no obligation to publicly release or
otherwise disclose the result of any revision to these forward-looking
statements that may be made as a result of events or circumstances
after the date hereof or to reflect the occurrence of unanticipated
events.


CONTACT: Mr. Edward Miller
         Chief Financial Officer
         San Mateo, CA
         Phone: 650-319-6743
         edward.miller@kranem.com

         Ms. Kamini Rupani
         Director Investor Relations
         Mumbai, India
         Phone: (country code: 91 (India))+(22) 2287-6691
         kamini.rupani@xaltedcorp.com