Glenayre Sees Bright International Future With 300 Percent EMEA Regional Growth

Glenayre Technologies Inc. (Nasdaq: GEMS), a global leader in providing next-generation messaging solutions and enhanced services, today announced a year of unparalleled growth across its EMEA region. Glenayre Messaging's growth in EMEA is part of the global third quarter 2005 results announced last week, which show that revenue from international business in the third quarter accounted for 35 percent of Messaging's total revenue. Glenayre Messaging, which has been providing carrier-grade messaging solutions for more than 20 years, recently announced global year-over-year revenue growth of 41 percent for the third quarter of 2005. Its commitment to large-scale funding in research and development of next-generation messaging solutions is now reaping rewards as operators look to recoup 3G network investment from customers hungry for innovative applications like video messaging. "In the last few years Glenayre took the bold step to invest in the future and be ready for a re-emergence that would need exciting applications to encourage users to try and buy new services," said Nigel Waller, Glenayre's London-based vice president of international sales for the Messaging business. "We now have a solution in the Versera Intelligent Communications Environment that enables new services, like Video Mail, to be added and deployed quickly into the market. Our open-architecture means that operators can adapt rapidly and cost-effectively to changing market and user demands." "To meet the increasing demand for Glenayre's messaging solutions, we have opened new offices throughout the EMEA and Asia Pacific regions, and have increased our staff with additional experienced sales and support talent," continued Waller. Versera ICE makes it possible for telecommunications providers to reduce capital expenditures, improve operating margins and minimize the total cost of ownership. As one of the industry's only true next-generation messaging solutions, Versera ICE enables the deployment of multiple applications on a single platform while providing carrier-grade quality for both circuit- switched and IP networks. For more information about Versera ICE and its suite of enhanced messaging applications such as Voice Mail, MMS, SMS, and Video Mail, visit http://www.glenayremessaging.com or call +1 770 283 1000. About Glenayre Messaging Glenayre Messaging, a division of Glenayre Technologies, Inc., is a global provider of next-generation messaging solutions and enhanced services for mobile and fixed carriers and MSO/cable companies. Glenayre systems are designed on open platforms with a standards-based architecture that supports IP and traditional telephony networks. Operators around the world have deployed Glenayre messaging solutions, including voice mail, video mail, multimedia messaging (MMS), and short message service (SMS). Glenayre Messaging, headquartered in Atlanta, USA, has been providing carrier-grade communications solutions for the global market for over 40 years. For more information, please visit http://www.glenayremessaging.com. Safe Harbor Statement This news release contains statements that may be forward-looking within the meaning of applicable securities laws. The statements may include projections regarding future revenues and earnings results, and are based upon the Company's current forecasts, expectations and assumptions, which are subject to a number of risks and uncertainties that could cause the actual outcomes and results to differ materially. These results and uncertainties are discussed in the Company's most recently filed Annual Report on Form 10-K and quarterly report on Form 10-Q. These factors include, but are not limited to, restructuring activities; effective convergence of technologies; potential market changes resulting from rapid technological advances; competition; variability of quarterly results and dependence on key customers; volatility of stock price and risk of delisting from the NASDAQ National Market; ability to attract and retain key personnel; proprietary technologies; potential changes in government regulation; potential acquisitions and strategic investments; continuation and expansion of third party agreements; litigation; international business risks and continued terrorist attacks, war or other civil disturbances. Glenayre, Versera, Versera ICE and the Glenayre logo are trademarks of Glenayre Electronics, Inc.

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