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Cisco Makes a Strategic Investment in Belle Systems.


SAN JOSE San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
, Calif.--(BUSINESS WIRE)--July 14, 1998--Cisco Systems, Inc. today announced that it has taken a minority equity stake in Belle Systems of Holbaek, Denmark. Belle Systems develops billing software that enables Internet Service Providers Internet service provider (ISP)

Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password.
 (ISPs) and telecommunications companies to provide flexible payment options to businesses for high-speed Internet See broadband.  access.

"Cisco's investment in Belle Systems demonstrates our commitment to advance the adoption of voice-data integration in Europe through the development of new technologies," said James Richardson There have been a number of notable people named James Richardson:
  • James Joseph Richardson, American falsely convicted of murdering seven of his children by poisoning them with the pesticide parathion
, president of Cisco's Europe, Middle East and Africa operations. "We are keen to work closely with our customers and innovative companies like Belle Systems to give ISPs the management and billing tools they need to be successful."

In January 1998, Cisco and Belle announced their collaboration to develop a multiple choice billing system for European ISPs that offer Internet access to enterprise customers. Instead of offering a single fixed rate to customers, ISPs will now have the option to bill customers according to their choice of dial, ISDN ISDN
 in full Integrated Services Digital Network

Digital telecommunications network that operates over standard copper telephone wires or other media.
, leased line, cable and ADSL See DSL.

ADSL - Asymmetric Digital Subscriber Line
 platforms.

The new billing system integrates Belle System's advanced billing software, Internet Management System (IMS (1) See IP Multimedia Subsystem.

(2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS.
), with Cisco's NetFlow(TM) software and Cisco's 6510 Series Service Selection Gateway(TM). IMS allows network managers to consolidate information collected from multiple sources like the 6510 gateway and NetFlow software to offer ISPs menu-based service selection.

About Belle Systems

Belle Systems A/S is a leading Danish software producer specializing in advanced billing and management systems designed for larger Internet providers. Belle Systems has been providing solutions for the on-line market since 1984, and through a number of years has completed installations at a number of large European banks and telecommunications companies. Belle Systems management product is based on a platform provided by the leading hardware and database suppliers.

About Cisco Systems

Cisco Systems, Inc. (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
: CSCO CSCO Cisco Systems Incorporated (stock symbol)
CSCO Chief Supply Chain Officer
) is the worldwide leader in networking for the Internet. News and information are available at http://www.cisco.com

Note to Editors: NetFlow(TM) and Cisco's 6510 Series Service Selection Gateway(TM) are trademarks, and Cisco, Cisco Systems and the Cisco Systems logo are registered trademarks of Cisco Systems, Inc. in the U.S. and certain other countries. All other trademarks mentioned in this document are the property of their respective owners.

    CONTACT: Cisco Systems, Inc.
              Mary Thurber, 408/526-8893 (IR)
              mthurber@cisco.com
              Imogen Bailey, 011-44-0181-756-8219 (PR)
              imbailey@cisco.com
                       or
              Cunningham Communication, Inc.
              Stacye Montez, 650/858-3860
              smontez@ccipr.com
                       or
              Band and Brown
              Cheryl Buck, 011-44-171-419-7000
              cheryl@bbpr.com


COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:4EUDE
Date:Jul 14, 1998
Words:415
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