ATEC Group Inc. and Switch Now Inc. to Integrate VOIP Into Its Telecom Switch.HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Dec. 16, 1998--ATEC Group Inc. (Nasdaq:ATEC ATEC Army Test and Evaluation Command (US Army; formerly OPTEC, Operational Test & Evaluation Command) ATEC Australian Tourism Export Council ATEC Advanced Technologies (Hamburg, Germany) ) and telecommunications co-marketing partner, Switch Now Inc., announce the releasing of a Voice over IP (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 ) platform into a carrier grade switch. This unique integration of VOIP enables the company to drastically reduce the traditional constraint of IP overhead by allowing the placing of ten calls on a single 64kbps channel, while preserving "toll quality." Switch Now Inc., provider of "MATIS MATIS Modular Advanced Tie-In System MATIS Makler Tele Information System " (multifunction digital telecom switch), the most advanced platform in the telecommunications industry, has evolved as a worldwide telecommunications solutions provider since its integration into the ATEC Group and the opening of its long distance division. With "MATIS," the company provides a competitive advantage for the carriers at which it has been deployed for the last five years. In addition to managing all the carriers' value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. applications until now, "MATIS" now integrates toll quality Voice over IP. Tested for the last couple of months in the labs and offices of one of the world's top five carriers, "MATIS," with its integrated VOIP and H.323 modules, is now successfully operational for international telecommunications. With Voice over IP and H.323, simply another least cost routing A feature of a telephone system that automatically connects an outgoing telephone call with the telephone service that costs the least to that location at that time of day. Depending on how it is programmed, least cost routing will either drop down to the second most-efficient service if option for "MATIS," all existing applications -- Debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. , Calling Cards, Virtual Private Networks, and Universal numbers -- benefit from the latest voice and data integration technology as a new routing solution. Switch Now'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. Alexandre Brown states, "Today's telecommunications is an increasingly complex industry. We understand our customers' needs and strive to deliver solutions providing a competitive edge quickly and efficiently. Thanks to our recently established partnership with one of the top three U.S. long distance carriers, Switch Now is now able to provide business digital high quality telecom services at the best rates, without investing into sophisticated equipment." Surinder Rametra, CEO of ATEC, states, "Our entry into the telecommunications industry with Switch Now was instrumental in our marketing strategy. The development and integration of the VOIP in Switch Now's carrier business products is significant in assisting both of our organizations in providing the competitive edge to our valued customers." Based in Hauppauge, N.Y., ATEC Group Inc. is a leading system integrator and provider of a full line of information technology service products. As a one-stop solution provider for the computer needs of businesses, professionals, government agencies and educational institutions, ATEC enters the new millennium with a technological arsenal that includes Year 2000 remediation, multimedia products, video conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. , system integration, networking, high speed data transmission, Internet, and Intranet ready solutions. In addition, the company has positioned itself for growth in telecommunications, outsourcing of IT professionals, and offshore software development to provide its clients' technological needs in a cost effective manner. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission. |
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