BroadSoft and Pingtel Sign Joint Interoperability and Marketing Partnership.GAITHERSBURG, Md. and WOBURN, Mass.--(BUSINESS WIRE)--Sept. 27, 1999-- Partnership Provides Enhanced Services Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information; for Voice over IP Centrex A telephone service in which an IP-based PBX is located in the telephone company's facilities. It connects to the customer via the LAN rather than by telephone wires. IP CENTREX offers voice over IP and other IP-based services as well as connectivity to the regular telephone system (PSTN). BroadSoft(TM), Inc., and Pingtel(TM) Corp. today announced a joint technology and marketing agreement to develop and market an IP Centrex offering to service providers. The combined solution will allow next-generation service providers to offer a robust set of basic and enhanced services to the small and medium size enterprise market. The recent trend toward deploying packet-based networks provides the opportunity to pursue a more elegant approach to integrated enhanced services and voice over IP-based infrastructures. One component of the packet-based trend is broadband integrated access over "the last mile," which will enable voice, data, and video to be converged in groundbreaking ways for new service offerings. "The last mile requires not only a transport layer but also the enabling of a layer of intelligence and call control for voice over IP networking. The intelligence is being built on today's standard industry protocols such as SIP, H.323, and MGCP See MGCP/MEGACO. MGCP - Media Gateway Control Protocol ", said Michael Tessler, 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 BroadSoft. "BroadSoft and Pingtel are supplying two key components to leverage this opportunity", he added. Pingtel's intelligent telephones are not only built and designed to operate on open standards Specifications for hardware and software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced like SIP, MGCP, and H.323, but they are also extensible to enable the creation and delivery of new services over IP-based carrier infrastructures. These services can reside in the service provider central offices and tap a service repository such as the BroadSoft platform. BroadSoft has built a software platform that allows service providers to develop and deploy IP-based services cost-effectively and rapidly into their network. "Together BroadSoft and Pingtel are delivering a extensive service package for IP-based Centrex. This allows Competitive Local Exchange Carriers and Integrated Communications Providers to provision and create new services and to meet user requirements for fast flexible services", said Jay Batson, President and CEO of Pingtel. COMPANY INFORMATION BroadSoft Inc. is the leading provider of service creation platforms and tools for next generation communications networks The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. . BroadSoft's mission is to enable rapid and economical design and deployment of powerful enhanced services to business and residential customers on an open, hardware-independent software platform. Founded in 1998, BroadSoft is located near Washington, DC, in Gaithersburg, Maryland, and at www.broadsoft.com. A founding member of the International Softswitch Consortium (www.softswitch.org), BroadSoft is privately held and funded by Bessemer Venture Partners Bessemer Venture Partners is a private venture capital firm with offices in Silicon Valley, New York, Massachusetts, China, and India. It has backed such companies as Ciena, Flarion, Parametric Technologies, Skype, Staples, VeriSign and Veritas. (www.bessemervp.com), Charles River Charles River River, eastern Massachusetts, U.S. The longest river wholly in the state, it flows into Boston Bay after a course of about 80 mi (130 km). Navigable for about 7 mi (11 km), its estuary separates the cities of Boston and Cambridge. Ventures ( www.crv.com ), and Columbia Capital Corporation ( www.colcap.com ), all leading venture partners in the communications and software industries. Pingtel Corp. is developing the world's first intelligent IP telephone for enterprises. These advanced telephones are being marketed to product and application developers, as well as to service providers that want to offer next-generation enhanced telephone The Enhanced Telephone is a telephone developed by Citibank in the late 1980s for customers to do banking and other financial transactions from their home. The official launch date was February 26-27, 1990. products and services over an IP-based infrastructure. Founded in 1998, Pingtel is located near Boston, in Woburn, Massachusetts Woburn (/'wu.bə(r)n/) is a city in Middlesex County, Massachusetts, USA. The population was 37,258 at the 2000 census. Woburn is the birthplace of Anglo-American scientist Benjamin Thompson, a.k.a. , and at (www.pingtel.com). A founding member of the International Softswitch Consortium (www.softswitch.org), Pingtel is a privately held venture-backed start-up funded by St. Paul St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery Ventures (www.stpaulvc.com) and Natural MicroSystems (www.nmss.com). BroadSoft(TM) and BroadWorks(TM) are registered trademarks of BroadSoft Inc. Other trademarks are the property of their respective holders. Pingtel(TM) is a registered trademark of Pingtel Corp. Other trademarks are the property of their respective holders. |
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