Asian Wireless Service Provider UANGEL Selects Performance Technologies' Channel7 Signaling Product for Use in Next-Gen Wireless Applications.Business/Technology Editors ROCHESTER, N.Y.--(BUSINESS WIRE)--Jan. 7, 2002 Performance Technologies, Inc. (Nasdaq: PTIX) today announced that Korea-based UANGEL, a leader in integrated wireless data and core network systems, has selected the company's Channel7(TM) SS7 product for use in next-generation wireless networks. The platform will be used to deploy enhanced, 3G wireless services such as Service Control Point (SCP (1) (Service Control Point) A node in an SS7 telephone network that provides an interface to databases, which may reside within the SCP computer or in other computers. ), Multi-Protocol Short Message Service Center (SMSC SMSC Short Message Service Center SMSC Standard Microsystems Corporation (New York) SMSC Spiritual Moral Social Cultural (education) SMSC Stephenville Medical and Surgical Clinic ), mobile banking and other high-demand services throughout Asia. "We selected Performance Technologies' Channel7 product as a basis of our wireless platform because of its carrier-grade quality, reliability and performance," said Sung-Kab Han, general manager of UANGEL. "Performance Technologies products will enable us to quickly provide a fault tolerant The ability to continue non-stop when a hardware failure occurs. A fault-tolerant system is designed from the ground up for reliability by building multiples of all critical components, such as CPUs, memories, disks and power supplies into the same computer. build out of next-generation wireless networks in Asia and provide end users with value-added services such as mobile banking, mobile commerce and prepaid billing services." Performance Technologies' Channel7 signaling product is a building block for SS7 network connectivity and management capabilities for developers of next-gen wireless and wireline telecommunications systems. The Channel7 solution reduces time-to-market by providing a network-proven foundation for integrating SS7 protocol software, eliminating the time needed to integrate disparate hardware and software elements. "We have seen dramatic growth and acceptance of our carrier-grade, next-generation telecommunication solutions in Asia, not only with Channel7 but also our new packet-based switching solutions," said Martin McFadden, vice president of international sales for Performance Technologies. "UANGEL is a valued, strategic partner in providing wireless next-generation services, and we look forward to continuing to provide UANGEL and its customers with innovative, carrier-grade communication components." About UANGEL UANGEL provides integrated solutions to its Korea-based clients, comprising of wireless carriers, Internet portals and enterprises. An end-to-end wireless Internet enabler, the company offers its clients the ability to rapidly develop and deploy services that cater to the increasing domestic consumer demand for wireless data. UANGEL's primary advantage is the R&D experience gained as the premier Core Network systems developer in the region. About Performance Technologies, Inc. Performance Technologies is a leading supplier of packet-based telecommunications and networking products for wireline, wireless and next-generation Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. networks. The company provides enabling carrier-grade technology solutions, including network access products, Ethernet switching products and SS7/IP solutions to network operators, equipment manufacturers and systems integrators worldwide. Performance Technologies is headquartered in Rochester, New York This article is about the city of Rochester in Monroe County. For the town in Ulster County, see Rochester, Ulster County, New York. Rochester, once known as The Flour City, and more recently as The Flower City or . Additional engineering facilities are located in Raleigh, North Carolina For other uses of this name, see Raleigh. Raleigh (IPA: /ˈrɑli/, ral-ee) is the capital of the State of North Carolina and the county seat of Wake County. ; San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. ; and Ottawa, Canada. For more information about Performance Technologies, visit www.pt.com. Forward-Looking Statements 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 provides a "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. " for certain forward-looking statements. This press release contains forward-looking statements which reflect the Company's current views with respect to future events and financial performance, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor provisions of those Sections. These forward-looking statements are subject to certain risks and uncertainties and the Company's actual results could differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, among other factors, general business and economic conditions, rapid or unexpected changes in technologies, cancellation or delay of customer orders including those relating to design wins, changes in the product or customer mix of sales, delays in new product development, customer acceptance of new products and customer delays in qualification of products. These statements should be read in conjunction with the audited Consolidated Financial Statements Consolidated Financial Statements The combined financial statements of a parent company and its subsidiaries. Notes: Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge , the Notes thereto, and Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Condition and Results of Operations of the Company as of December 31, 2000, as reported in its Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and other documents as filed with the Securities and Exchange Commission. Note to Editors: Brand or product names are registered trademarks or trademarks of their respective holders. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion