AltiGen Partners With Quicknet Technologies to Deliver State-of-the-art VoIP Solutions.Business Editors/High-Tech Writers FREMONT, Calif.--(BUSINESS WIRE)--Feb. 29, 2000 AltiGen and Quicknet Enter Into a Strategic Partnership to Develop Standards-Based VoIP Solutions for Small to Medium Sized Enterprises AltiGen Communications (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ATGN ATGN Additive Truncated Gaussian Noise ), the leading provider of next generation Telecom Servers with advanced Voice over IP (VoIP) solutions and Quicknet Technologies, Inc. the leading provider of low-density Internet telephony Another term for IP telephony and VoIP. In the late 1990s, some people made a distinction between Internet Telephony and VoIP: Internet telephony referred to voice over the public Internet, while VoIP referred to voice over private IP networks. products enabling customers to make toll quality Internet telephone calls from their PCs, announced today that they have formed a strategic partnership aimed at delivering state-of-the-art Voice over IP solutions that will enable small to medium sized enterprises to support remote agents for their call centers and telecommuting telecommuting, an arrangement by which people work at home using a computer and telephone, transmitting work material to a business office by means of a modem and telephone lines; it is also known as telework. workers in a cost-effective manner. AltiGen's standards-based AltiServ(R) platform offers businesses unsurpassed value by integrating a full-featured 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). , Voicemail, 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. and VoIP gateway functionality in a single Windows NT server. Quicknet's Internet PhoneJACK(TM), Internet PhoneCARD phonecard Noun a card used instead of coins to operate certain public telephones phonecard n → tarjeta telefónica phonecard phone n (TM) and Internet LineJACK(TM) family of products enable users to connect a standard analog phone to a PC with Internet connection and make toll quality Internet phone calls. The combination of the robust server product from AltiGen with the popular client products from Quicknet will open new doors for customers and enable them to implement a variety of applications including remote agents for call centers and telecommuting. "Partnering with AltiGen, the industry leader in the Telecom Server market, will pave the way for Quicknet to expand its domestic customer base of small to medium sized enterprises," says Mr. Stacey Reineccius, 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 Quicknet. "We are very confident that the partnership will result in innovative solutions for our customers." "We are very excited about this partnership with Quicknet. This partnership is crucial for us to deliver leading edge solutions to our customers to solve real problems," says Anthony Spielman, Vice President of Marketing at AltiGen. "Quicknet's top quality VoIP products in the end-user arena will bring extreme value to our customers and extend the leadership position of our AltiServ platform even further." The companies expect to announce a standards-based solution consisting of products from both companies in the second Quarter this year. Acclaimed for its reliability and full feature support for both VoIP 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. based technologies, the AltiServ(R) system provides small-to-medium size enterprises a high-performance server-based PBX that is affordable, flexible and scalable. In addition to PBX switching, corporate-strength voicemail, auto attendant and automatic call distribution (ACD), AltiServ also provides an integrated VoIP gateway, extensive "follow me" features, client call control and unified messaging with support for Microsoft(R) Exchange(R). Quicknet's line of award winning add-in cards for Internet telephony provides high quality, low cost Voice-over-IP for personal and small office to medium office applications. Quicknet's award-winning hardware products provide Open Source developers with royalty-free use of the standard audio compression formats listed in the H.323 specification including G.711, G.723.1, and G.729a/b. Designed for home office and small to mid-sized businesses, the Internet LineJACK turns an ordinary analog telephone line and a PC into a feature-rich, high-voice-quality, single line telephone gateway for PC-to-PC, PC-to-Phone or Phone-to-PC calling. For office-to-office connectivity with a LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. and personal use with a modem, the Internet PhoneJACK Desktop Internet Telephony card turns analog telephones or PBX's into Internet telephones with hardware-based echo cancellation, full duplex audio, and speakerphone capability. For mobile users the Internet PhoneCARD provides the same features and benefits as the Internet PhoneJACK but in a convenient PCMCIA card format. AltiGen Background AltiGen Communications, Inc. (NASDAQ:ATGN), 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 telecom server uses both the Internet and traditional phone lines interchangeably and allows businesses to integrate their phones, databases and PCs into one powerful web-enabled communications network. 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. For more information, contact Tracy Oliver at 1-888-ALTIGEN ext 304 or direct 510/580-7943, toliver@altigen.com or visit the AltiGen website at www.altigen.com. Quicknet Technologies Background Quicknet Technologies Inc. has been the leading innovator in low density Internet telephony hardware and software since 1995. Quicknet Technologies, Inc. is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , whose investors include Rare Medium Group Inc. (NASDAQ:RRRR RRRR Raritan River Rail Road RRRR Rare Medium Corp. (NASDAQ stock symbol) ), based in San Francisco specializing in the design and manufacture of low density Internet Telephony products for small businesses. Sold in over 175 countries around the world, Quicknet's products enable users to effectively boost their Internet telephone call quality and ease-of-use and are available to resellers directly through Quicknet and are available to end customers through dealers, distributors, and catalog superstores. For more information, please call Quicknet at 415/864-JACK (5225), send e-mail to info@quicknet.net, or visit Quicknet on the web at http://www.quicknet.net. 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