AudioCodes to Receive Certification for Use of its VoIP Equipment in China's Telecommunication Networks.Business Editors, Technology Writers YEHUD, Israel and HONG KONG--(BUSINESS WIRE)--Nov. 29, 2000 Strategic Partnership Between Shanghai PTIC and AudioCodes the Key in Getting the Certification so Rapidly AudioCodes (Nasdaq:AUDC AUDC Austin Development Center AUDC Audio Converter AUDC Audio Codec ), a leading provider of 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. and voice over packet technologies and Shanghai PTIC announced that as of September 30th, Peoples Republic of China's Ministry of Information Industry has issued a network access license for telecommunications equipment making Shanghai PTIC one of the first Chinese companies Chinese owned companies can be defined as enterprises within mainland China, Hong Kong, Macau and the Republic of China (Taiwan):
AudioCodes and PTIC have recently completed homologation Certification, confirmation or approval. Data communications equipment is often subject to the homologation requirements of various countries. tests that conformed to the rigid Chinese standards thereby opening the way for official approval of AudioCodes boards and products for use in China's rapidly-developing NextGen networks Nextgen Networks is an Australian communications company which is a subsidiary of Leighton Holdings, one of Australia's major companies. Nextgens Network is based on a geographically protected national network, with the Brisbane to Melbourne link utilising self-healing SDH . "We are extremely pleased to be the first in all of China to officially pass the VoIP tests by CPCI See CompactPCI. .", said Mr. Qin Dafei, Shanghai PTIC Chief Spokesperson. "We are also grateful for the technical support that we received from AudioCodes personnel- both in China and Israel. This is a fine example of close working relationship between our two companies. This is also an extremely difficult series of test to pass and we could not have done it without AudioCodes support." Multiple AudioCodes products, which conform to Verb 1. conform to - satisfy a condition or restriction; "Does this paper meet the requirements for the degree?" fit, meet coordinate - be co-ordinated; "These activities coordinate well" the China VoIP standard, have been selected for the third phase of VoIP deployment in China. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Frost and Sullivan, a Boston-based research firm, the Asian VoIP market is expected to reach some $48 billion by 2006. Mr. John T. Lee, Vice President, Channel Development, said:" We are again grateful for such a close relationship with Shanghai PTIC- we are certain that together, we can become important players in this fast moving market". About Shanghai PTIC Shanghai PTIC is a holding of China PTIC founded in 1993. The Shanghai PTIC organization includes Communication Terminal Sales Department, Paging System Department, Information Technology Development Department, Trade Department, and Communication Equipment Maintenance. Shanghai PTIC business activities include production and sales of wireless communication products, including both low speed and high speed pagers, paging system equipment, wireless customer access network, wireless phone etc. In addition, the company sells mobile and public phones and develops and promotes network communication software for large to medium size computer systems. About AudioCodes Founded in 1993, AudioCodes Ltd. (NASDAQ:AUDC) designs, develops and markets enabling technologies and communication system components for voice over packet networks. The company is a market leader in voice compression Same as speech compression. technology and the key originator of the ITU (International Telecommunication Union, Geneva, Switzerland, www.itu.ch) A telecommunications standards body that is under the auspices of the United Nations. Comprising more than 185 member countries, the ITU sets standards for global telecom networks. G.723.1 standard for the emerging IP Telephony market. AudioCodes' product line includes leading-edge VoIP communication boards, VoIP media gateway modules, voice over packet chip processors, media gateway subsystems and communications software. Its customers-the leading global telecom and datacom OEMs including Alcatel S.A., Cisco systems, Inc., Clarent Corporation, Lucent Technologies, Siemens, and Vocaltec Communications-all feature AudioCoded equipment. AudioCodes' international headquarters and R&D facilities are located in Yehud, Israel, with US headquarters in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. . For more information on AudioCodes, please visit the company Web site at http://www.audiocodes.com This press release may contain forward-looking statements. Such statements involve various risks that may cause actual results to differ materially. These risks include, but are not limited to, market demand for AudioCodes' products, economic and competitive factors, international market conditions, technological developments, the ability to finance operations and other factors, which are detailed in AudioCodes' SEC filings. AudioCodes, the AudioCodes logo, AudioCoded, Access and Switching Business Center, IP Media Business Center, TrunkPack and MediaPack are trademarks or registered trademarks of AudioCodes, Ltd. All other trademarks are property of their respective owners. |
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