Celumovil selects TTI Telecom for its advanced Network Management Solution for wireless networks.PETAH TIKVA, Israel--(BUSINESS WIRE)--Oct. 7, 1998--TTI Telecom ("TTI TTI Texas Transportation Institute TTI Thoracic Trauma Index TTI Transmission Time Interval TTI Travel Time Index TTI Travel Technology Initiative TTI Technology Transfer Initiative TTI Traffic and Traveller Information TTI Technology Transfer Institute ") (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 : TTILF) announced that it has been selected, together with its local Colombian representative, Celsa S.A., by Celumovil, to provide a Netrac-based cellular network management solution. Installation is scheduled to be completed by the first quarter of 1999. Celumovil, one of Colombia's leading cellular companies, provides mobile phone services in Colombia's eastern region, including Bogota, as well as the Caribbean coastal region. Celumovil selected TTI Telecom's TCAM (TeleCommunications Access Method) IBM communications software widely used to transfer data between mainframes and 3270 terminals. See access method. (TTI Cellular Application Module) to enhance its existing network operation capabilities in response to the growing telecommunications needs of Colombia's cellular subscribers. Operating its own TDMA (Time Division Multiple Access) A satellite and cellular phone technology that interleaves multiple digital signals onto a single high-speed channel. For cellular, TDMA triples the capacity of the original analog method (FDMA). cellular network in today's highly competitive market, Celumovil strives for market leadership by continually implementing new technologies. The sophisticated and cost-effective TCAM management solution to be deployed includes advanced Fault, Configuration and Performance Management which will provide Celumovil with a comprehensive set of tools for the surveillance and control of the entire cellular network, by enhancing the companies current facilities and services. Commenting on the award Meir Lipshes, Chief Executive Officer of TTI said, "TTI Telecom TTI Telecom (NASDAQ: TTIL), founded in 1992, is a leading provider of next generation Operations Support Systems (OSS) to communications service providers worldwide. TTI Telecom’s Netrac-branded portfolio delivers an automated, proactive and customer-centric approach to service is very pleased to be providing Celumovil with its state-of-the-art cellular Network Management Solution to its rapidly expanding network. This second installation in Colombia for TTI Telecom, coupled with multiple large installations in Brazil and Argentina, have made TTI Telecom a dominant Network Management provider in South America. We remain committed to deploying integrated, flexible solutions that will enable our customers to outpace their competition." About TTI: TTI Team Telecom International Ltd. develops, markets and supports advanced, modular, integrated software products and services for operations support systems Operations Support Systems (also called Operational Support Systems or OSS) are computer systems used by telecommunications service providers. The term OSS most frequently describes "network systems" dealing with the telecom network itself, supporting processes such ("OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. ") and network management systems ("NMS See NetWare Management System. ") in the telecommunications industry. The Company's solutions, based on its Netrac family of products, enables telecommunication service providers to improve existing services, streamline their operations in order to compete cost-effectively, maximize the return on their investment in network infrastructure and offer new services over complex networks. The Company's products manage mission-critical functions, such as fault management, performance management, configuration management and security management of telecommunications networks. Forward looking statements in this release involve a number of risks and uncertainties including, but not limited to, product demand, pricing, market acceptance, changing economic conditions, risks in product and technology development, the effect of the Company's accounting policies as well as certain other risk factors which are detailed in the Company's SEC filings. |
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