AltiGen CEO Addresses Prestigious Technology Forum in China.Business Editors FREMONT, Calif.--(BUSINESS WIRE)--March 21, 2000 AltiGen 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. Gilbert Hu Speaks on "Data/Voice Convergence and the New Communications Paradigm" at China Conference and Sees Growing Opportunities in the China Market AltiGen Communications (Nasdaq:ATGN ATGN Additive Truncated Gaussian Noise ), the leading provider of next generation Telecom Servers and Voice over IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. products for small and medium size businesses, announced today that Gilbert Hu, AltiGen President and CEO, is scheduled to address a technology conference in Shanghai and Beijing. The Science Academia of China, the organization in charge of science and technology development for China, and the renowned Beijing and Jiao-Tong universities jointly sponsor the conference, and those attending are all directly involved in driving the rapid adoption of innovative technologies into the Chinese market. The aim of the forum is to introduce the Silicon Valley experience to the high tech industry in China and to promote further understanding of business opportunities fostered by the dramatic growth of the Internet. "I am very pleased to have the opportunity to serve as a bridge between Silicon Valley and China. The growth opportunity for new types of communication equipment that leverage both the traditional telecom and IP infrastructures is tremendous. This is especially true at this time, as China is now focusing on building its IP infrastructure," says Gilbert Hu. The technology forum has also invited other CEOs of several recently public Silicon Valley based high tech companies with leading edge technology, including Transmedia, which is now a part of Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. . Gilbert Hu will speak on the topic of "Data/Voice Convergence and the New Communications Paradigm." The topic is very well known to Hu, as AltiGen's technology is based on the premise that the shift from circuit, or the traditional public switched phone network (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. ) to packet based switching, is inevitable, but that it will be a gradual transition, with businesses migrating their voice communication systems at a pace that is manageable and meets their specific business needs. Because AltiGen's AltiServ(R) delivers both circuit and packet switching A network technology that breaks up a message into small packets for transmission. Unlike circuit switching, which requires the establishment of a dedicated point-to-point connection, each packet in a packet-switched network contains a destination address. seamlessly and interchangeably, it serves as the bridge between networks, allowing businesses a smooth migration path to the converged voice data network. AltiServ(R) allows businesses to transition to an IP infrastructure in incremental steps, utilizing standard telephones and components today and allowing migration to IP desktop telephony as cost and quality improve. By combining voice and data over the same IP infrastructure, businesses will be able to reduce the total cost of their communications. Cost savings and affordability is especially key to the millions of small and medium size businesses (SMBs) in the China market, which are increasing in number at a rapid rate through the introduction of more liberal government policies. AltiGen Background (www.altigen.com) AltiGen Communications, Inc., is the leading supplier of next-generation telecom servers that give small to medium sized businesses and branch offices integrated communications systems for streamlined operations and enhanced productivity. AltiGen's AltiServ(R) delivers an integrated VoIP gateway--capitalizing on the savings associated with it--while at the same time providing full PBX (Private Branch eXchange) An inhouse telephone switching system that interconnects telephone extensions to each other as well as to the outside telephone network (PSTN). functionality, corporate-strength voicemail, auto attendant The part of an interactive voice response (IVR) system that replaces the human operator and directs callers to the appropriate extensions or voice mailboxes. See IVR. , and automatic call distribution (ACD (Automatic Call Distributor) A computerized phone system that responds to the caller with a voice menu and connects the call to the appropriate agent. It can also distribute calls equally to agents. ). AltiServ(R) also provides extensive "follow me" features client call control, Internet integration and unified messaging with support for Microsoft Exchange(R), all in a single, affordable package. AltiGen's AltiServ(R) has been recognized for excellence with more than two dozen industry awards since its introduction in 1996, including two 1999 Editor's Choice Awards from PC Magazine and Internet Telephony Magazine's 1999 Product of the Year Award. 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 This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, including, without limitation, statements regarding AltiGen leveraging its leadership in multimedia (including voice) over Internet protocol solutions to rapidly expand into new product areas. These statements reflect management's current expectations. However, actual results could differ materially as a result of unknown risks and uncertainties, including but not limited to, risks related to AltiGen's limited operating history. For a more detailed description of these and other risks and uncertainties affecting AltiGen's performance, please refer to the information set forth under the caption "Risk Factors" in the final prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. dated October 4, 1999 related to AltiGen's initial public offering, a copy of which can be obtained from CIBC World Markets CIBC World Markets is the investment banking division of the Canadian Imperial Bank of Commerce. It helps governments, large companies, and other large institutions obtain capital and credit and is a primary dealer in U.S. Treasury securities. , Oppenheimer Tower, World Financial Center, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York; telephone number (212) 667-7000. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion