[0] NeTrue Communications Delivers Intelligent Network in China.Business Editors LOS ANGELES--(BUSINESS WIRE)--Jan. 15, 2001 NeTrue Communications Inc. (CDNX CDNX See Canadian Venture Exchange (CDNX). :NTU NTU - Network Termination Unit .U) a worldwide provider of integrated VOIP (Voice Over IP) A digital telephone service that uses the public Internet as well as private backbones instead of the traditional telephone network. Many companies, including Vonage, 8x8 and AT&T (CallVantage), typically offer calling within the country for a solutions today announced an agreement valued at more than US$1.5M with Zhejiang Telecom, a branch of China Telecom, to provide Intelligent Network (IN) and Internet Protocol (IP) technology. The integrated solution will incorporate IN technology from BeTrue, a joint venture operation between NeTrue Communications and Shanghai Bell. The IN will enable easy implementation of value added services such as number portability and Virtual Private Networks (VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ) throughout the telecommunications network. The integrated solution will be the first large-scale application for integrated Intelligent Network and IP technology in China. The equipment was shipped in December, 2000. NeTrue Communications was the first organization to provide this technology for network applications in China in 1999, utilizing a test network with the co-operation of Sichuan Telecom. "NeTrue is delivering a breakthrough solution in China," said Eric Gurr, Chief Executive Officer, NeTrue Communications. "We are moving ahead with the development of technology that will make a significant difference in the way businesses and people communicate." The integrated IN and IP solution, to be implemented by Zhejiang Telecom, will support real-time roaming. In addition, customers will be able to choose between IP and PSTN (Public Switched Telephone Network) The worldwide voice telephone network. Once only an analog system, the heart of most telephone networks today is all digital. In the U.S. networks according to available services, costs and network quality. Invoices for applications and services will be consolidated to provide customers with a single bill at the end of the month. The integrated IN and IP network includes software from NeTrue Communications, integration services from BeTrue and hardware technology from Clarent Corporation. About NeTrue Communications NeTrue Communications Inc., provides intelligent, software-driven network management solutions for new generation, IP-based communications networks. NeTrue Vipersat networks is a Satellite Network Solutions provider for private enterprise and public Internet applications utilizing advanced IP technology to support high quality switched multi-media wireless communications. NeTrue IPT IPT - IP Telephony BackOffice(TM) and NeTrueQoS(TM) provide operation and management support for IP voice networks. To learn more about NeTrue, visit its Web site at www.netrue.com. NeTrue, NeTrue Communications, NeTrueQoS, IPT BackOffice and IPT NCC NCC See National Clearing Corporation (NCC). are registered trademarks of NeTrue Communications, Inc. The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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