ADC Creates Alliance with Vitria to Help Service Providers Rapidly Deploy Comprehensive OSS Systems.Business Editors & Technology Writers MINNEAPOLIS--(BUSINESS WIRE)--May 3, 2000 Vitria's Leading e-Business Platform and ADC's OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. Technology Enable ICPs to Quickly Implement Real-Time Convergent Billing and Advanced Customer Management Systems ADC (1) See A/D converter. (2) (Apple Display Connector) A peripheral connector from Apple that combines digital video display, USB and power in one cable. (Nasdaq: ADCT ADCT Adaptive Discrete Cosine Transform ; www.adc.com) today announced a strategic alliance with leading e-business platform provider Vitria Technology, Inc. (Nasdaq: VITR VITR Vitria Technologies (stock symbol) VITR Visible and Thermal Infrared Radiometer ) that will enable integrated communications providers (ICPs) to rapidly deploy a comprehensive operational support system (OSS). In an industry where time-to-market is paramount, this alliance will give ICPs real-time convergent billing, advanced customer management, and service assurance capabilities that will enable them to create and deploy new services to attract and retain customers. As part of the alliance, ADC will provide connectors that will link its Singularit.e(TM) OSS technology with Vitria's BusinessWare(R) e-business platform. Integrating these technologies means ICPs offering everything from voice over digital subscriber line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (VoDSL) to wireless access protocol (WAP (1) (Wireless Access Point) See access point. (2) (Wireless Application Protocol) A standard for providing cellular phones, pagers and other handheld devices with secure access to e-mail and text-based Web pages. ) can quickly deliver those services to customers and support them using one system. In the highly competitive broadband market, failure to rapidly deliver the services customers want can lead to churn. "With competition among ICPs becoming more fierce every day, time-to-market is crucial," said JoMei Chang, Vitria's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president. "This alliance will help our joint customers waste no time in launching the complete and flexible OSS they need to meet changing market demands and compete more effectively." Vitria's leading ebusiness platform, BusinessWare, allows business managers to model and automate core business processes, such as fulfillment, assurance and billing, that span multiple OSSs. BusinessWare also facilitates electronic bonding with trading partners, which extends such business processes as flow-through service provisioning via the Internet. Singularit.e is a suite of products and services that provide ICPs with a single view of customer, network and service information. Combined, ICPs will be able to integrate Singularit.e's OSS technology into their existing OSS infrastructure, streamline and automate their product and service supply chains, and can expand their business partnerships through fast and reliable electronic bonding. "The combination of BusinessWare's e-business platform and Singularit.e's open architecture and extensible APIs [application programming interfaces] is designed to give service providers the ability to rapidly integrate the key business processes that drive the delivery of services and customer care," said Larry Barker, president of ADC's Software Systems Division. "Vitria's expertise in business process automation coupled with our industry experience in delivering leading convergent customer care and billing solutions will help ensure that service providers can get ahead of their competition." About Vitria Vitria Technology, Inc. is a leading ebusiness platform provider. Vitria's ebusiness platform, BusinessWare, automates mission-critical business processes across the extended enterprise, reducing time to market, shortening lead times, lowering operating costs operating costs npl → gastos mpl operacionales , and increasing customer satisfaction. Vitria is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. (Nasdaq:VITR) based in Sunnyvale, California Sunnyvale ([sʌniveil]) is a city in Santa Clara County, California, United States. It is one of the major cities that make up the Silicon Valley. As of the 2000 census, the city population was 131,760. . For more information, call 408/212-2700, visit the company's Web site at www.vitria.com, or send email to info@vitria.com. About ADC ADC Telecommunications, Inc. is a leading global supplier of network equipment, software and integration services for broadband, multiservice networks that deliver data, video and voice communications over telephone, cable television, Internet, broadcast, wireless and enterprise networks. ADC's broadband, multiservice network solutions enable local access, high-speed transmission and software management of communications services from service providers to consumers and businesses over fiber-optic, copper, coaxial and wireless media. Headquartered in Minneapolis, Minnesota, ADC has approximately 14,400 employees around the world and annual sales of $2.1 billion. ADC's stock is included in the Standard and Poor's Noun 1. Standard and Poor's - a broadly based stock market index Standard and Poor's Index 500 Index and the Nasdaq-100 Index. For additional information, visit our Web site at www.adc.com. Cautionary statement under the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995 Any forward-looking statements contained herein reflect management's current expectations or beliefs. ADC Telecommunications cautions readers that future actual results could differ materially from those in forward-looking statements depending on the outcome of certain factors, including the risks and uncertainties identified in Exhibit 99 to ADC's Report on Form 10-Q Form 10-Q See 10-Q. for the fiscal year ended October 31, 1999. |
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