Cisco Awards NetSolve With Advanced Technology Provider Certification For IP Telephony; First Company To Pass Cisco's New Criteria For IP Telephony Management.Business Editors & High-Tech Writers AUSTIN, Texas--(BUSINESS WIRE)--June 4, 2002 NetSolve Incorporated (Nasdaq:NTSL NTSL Nonintegrated Two-Stage Liquid ) today announced that it has achieved Cisco certification A series of programs that provide certification of competency in Cisco networking products. Administered throughout the world at authorized Cisco centers, the various certification levels are offered: CCNA - Cisco Certified Network Associate as an Advanced Technology Provider for 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. Remote Network Operations (ATP-IPT/RNO). This signifies that NetSolve has completed specialized requirements for becoming a provider for the remote management of Cisco's IP telephony AVVID AVVID Architecture for Voice, Video and Integrated Data (Cisco) AVVID Architecture for Voice Video and Integrated Data architecture. Today there are over 150 Cisco IP telephony technology specialized partners, but NetSolve is the first to be certified by Cisco to provide ongoing operations support for IPT IPT - IP Telephony applications after the installation phase is complete. NetSolve completed a highly focused effort to increase the level of support capabilities within its organization. It has met the Cisco certified personnel levels and training required for ATP-IPT/RNO as well as demonstrated the appropriate process and tools development to ensure quality on-going IPT support. This demonstrates NetSolve's continuing role as a leader in assisting customers with new technology assimilation and operation. NetSolve's IP telephony solution will help ensure successful transitions to IP telephony and protect customer investments made in Cisco's AVVID architecture. John Ahlberg, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. of Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. Financial said, "Moving to IP telephony was both tactical and strategic for Cohen Financial. With NetSolve's support, we have reduced our ongoing cost of ownership and enabled simultaneous deployment of new productivity tools everywhere. NetSolve is remotely providing converged voice and data support for all our offices nationwide. Cohen now has a uniform voice and data platform without the burden of local support in each city." "We are pleased to be the first recipient of this certification from Cisco, a testament of NetSolve's commitment to lead the remote network management services market. I am even more pleased to apply this capability to support clients, such as Cohen Financial, in achieving their business goals," said Craig Tysdal, 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 NetSolve. NetSolve's IP Telephony service combines application, server and infrastructure management into an integrated IP telephony solution. The solution provides for the remote management of all the components of the IP telephony infrastructure, including both the management of the hardware and application for Call Managers, LAN switches, voice gateways, routers, and both WAN 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. access. Today NetSolve manages more than 160 Call Managers at over 90 IPT sites. In eighteen months of supporting this technology, NetSolve has dispatched personnel to a customer site only once to aid in fault isolation. By virtually eliminating on-site requirements for fault isolation, NetSolve's support service can significantly reduce the total cost of ownership for IP telephony. About NetSolve NetSolve is a leading provider of remote network management services delivering life-cycle operations of Infrastructure Security, Remote Office Management, IP Telephony and Broadband Internet Access Broadband Internet access, often shortened to just "broadband", is high speed Internet access—typically contrasted with dial-up access over modem. Dial-up modems are generally only capable of a maximum bitrate of 56 kbit/s (kilobits per second) and require the full use of a services to its customers. Focused on fault, configuration and performance, and asset management, NetSolve's services augment existing IT management staff enabling customers to focus internal resources on business-critical initiatives. NetSolve's customer base consists of more than 1,000 companies representing more than 40,000 sites managed in 42 countries. NetSolve is headquartered in Austin, Texas, and can be reached at 800/NETSOLVE or at www.netsolve.com. NetSolve's common shares are traded on the Nasdaq Stock market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol NTSL. This press release includes "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of 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. Such statements, including without limitation statements about, or implying, the ability of NetSolve to successfully deliver the IP telephony services to support Cisco's AVVID architecture and the affect of such services on Cisco's business and NetSolve's continuing role as a leader in assisting customers with new technology assimilation and operation, involve known and unknown risks, uncertainties and other factors that could cause the actual results of NetSolve to differ materially from the results expressed or implied by such statements. Such factors also include general economic and business conditions, conditions affecting the industries served by NetSolve, conditions affecting NetSolve's customers and suppliers, competition, NetSolve's ability to effectively market and sell its services, customers' acceptance of NetSolve's services, and other factors disclosed in NetSolve's Prospectus dated Sept. 29, 1999, and NetSolve's subsequent filings with the Securities and Exchange Commission. Accordingly, although NetSolve believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. |
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