APC Selects Coral Systems' FraudBuster for Additional Level of Customer Protection; First PCS Provider Selects Profiler Solution to Further Ensure Security of Digital Service.LONGMONT, Colo.--(BUSINESS WIRE)--Oct. 21, 1996--American Personal Communications (APC (1) (American Power Conversion Corporation, West Kingston, RI, www.apcc.com) The leading manufacturer of UPS systems and surge suppressors, founded in 1981 by Rodger Dowdell, Neil Rasmussen and Emanual Landsman, three electronic power engineers who had worked at MIT. ), an affiliate of Sprint Spectrum L.P., has selected FraudBuster(R), Coral Systems' advanced fraud profiling solution, for use in its PCS/GSM mobile communications environment. Coral Systems' FraudBuster is expected to provide APC's subscribers with an additional level of protection for the already secure digital PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. environment. FraudBuster provides unique fraud prevention capabilities to identify and combat fraud in all recognized wireless environments including GSM, AMPS (analog), CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. and TDMA (Time Division Multiple Access) A satellite and cellular phone technology that interleaves multiple digital signals onto a single high-speed channel. For cellular, TDMA triples the capacity of the original analog method (FDMA). . FraudBuster will allow APC to create usage models for all its customers and to monitor actual usage against these models in real-time. "We wanted to protect our company with a supplemental layer of security to combat subscription fraud and to position ourselves to combat new and emerging types of fraud in the future," said Rick Roth, CFO See Chief Financial Officer. of APC. "Although PCS is not subject to traditional cellular fraud challenges of cloning and eavesdropping, other similar fraud problems do exist. Subscription fraud, stolen phone usage and other potential forms of fraud are experienced. FraudBuster arms us with tools to combat potential challenges on all fronts." FraudBuster is designed specifically to identify, recognize and stop fraud in a variety of wireless networks. By developing individual subscriber profiles based on typical usage patterns, FraudBuster can immediately identify suspicious usage. After primary detection, a member of the carrier's fraud investigation team is immediately alerted via FraudBuster and is supplied with detailed information about the calls in question so that subscriber imposition can be minimized. "We are extremely pleased that APC, a pioneer in PCS services, has chosen FraudBuster," said Eric Johnson, president and 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. of Coral Systems, Inc. "APC is exactly the type of carrier we had in mind when we built the newest release of FraudBuster." American Personal Communications (APC), an affiliate of Sprint Spectrum, L.P., was founded in 1989 and launched the nation's first Personal Communications Services See PCS. network in the Washington, D.C./Baltimore market on November 5, 1995. Under the Sprint Spectrum service name, APC has created the fastest growing wireless service in history with over 100,000 subscribers in the first eight months of operation. The 100 percent digital, all-in-one service features a personal phone, pager, and answering machine that fits in the palm of your hand. Headquartered in Bethesda, Md., the company currently employs more than 600 people. Sprint Spectrum, L.P., is a partnership of Sprint, Tele-Communications, Inc. (TCI (Trustworthy Computing Initiative) An umbrella term from Microsoft for its efforts to improve security in Windows. TCI was announced in 2002 after viruses such as Code Red and Nimda had succeeded in attacking numerous Windows computers. ), Comcast Corporation and Cox Communications, which is building a national wireless communications company. Founded in 1991, Coral Systems, Longmont, Colo., is a leading provider of innovative products for the wireless industry, Coral Systems' products include several software offerings, such as: FraudBuster fraud detection system; ChurnAlert(R) customer retention system; veRiFier(TM) integration software for pre-call detection products; and Home Location Register (HLR), which brings pre-call, industry compliant capabilities to cellular, enhanced specialized mobile radio See SMR. (ESMR ESMR Enhanced Specialized Mobile Radio ESMR Extended Specialized Mobile Radio (Nextel) ESMR Expert Systems Message Router ESMR Electrically/Electronically Scanned/ing Microwave Radiometer ESMR Engine Starter Motor Relay ) and emerging personal communications services (PCS). These products assist wireless carriers in all phases of their development and day-to-day interactions with their customers. Coral Systems' proven expertise has led to the signing of agreements with top domestic and international wireless carriers. Coral Systems markets its products worldwide through a national accounts program and strategic relationships with Cincinnati Bell Information Systems (CBIS CBIS Computer Based Information System CBIS Christian Brothers Investment Services CBIS Cincinnati Bell Information Systems CBIS Chinese Biodiversity Information System CBIS Certified Brain Injury Specialist (R)), Ericsson Radio Systems, Hewlett-Packard, Lucent Technologies, Motorola, Northern Telecom, and Sun Microsystems. Coral Systems can be reached at 303/772-5800. -0- Note to Editors: FraudBuster and ChurnAlert are registered trademarks of Coral Systems, Inc. All other trademarks are the property of their respective companies. CONTACT: Coral Systems, Inc. Nancy Laundy, 303/772-5800 or McGrath/Power Public Relations Carolyn Rohrer, 408/727-0351 carolyn_rohrer@mcgrathpowerpr.com |
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