Clarent Announces Strategic Agreement With Ideal Telecom AE.Business Editors/High-Tech Writers ATHENS, Greece--(BUSINESS WIRE)--June 14, 2001 Clarent(R) Corp. (Nasdaq:CLRN CLRN California Learning Resource Network CLRN Community Legal Resources Network CLRN Chemical Laboratory Response Network ), a leading provider of softswitch and Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (IP) communications solutions, and Ideal Telecom AE, a pioneer voice and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. company in Greece, today announced a strategic agreement regarding Ideal Telecom's purchase of Clarent IP communication solutions. Ideal Telecom provides integrated telecommunications services to the Greek domestic and international market. With the purchase of new hardware and software from Clarent, Ideal Telecom will be able to offer more comprehensive voice-over IP network facilities and services. "As one of the leading providers of alternative telecommunications systems in Greece, we offer VoIP services at very competitive prices," said Costas Vasilatos, product manager, Ideal Telecom AE. "By selecting Clarent, we believe we are in the best position to achieve that goal." The strategic agreement covers the purchase by Ideal Telecom of Clarent products including Clarent Gateways 400 and 1200, the Clarent softswitch comprised of the Clarent Command Center(TM) and the Clarent Gatekeeper. They are also purchasing the infrastructure necessary for interfacing Ideal Telecom with other telecommunications carriers' networks through SS7. Currently, Ideal Telecom has installed a network of seventeen Clarent Gateways throughout Greece in Athens, Thessaloniki, Larissa, Patras, Heraklion (Crete), Kavala, Volos, Agrinio, Rhodes, Chios, Corfu, Argos, Halkis, Chania (Crete), Mykonos, Ioannina, and Ptolemais. Ideal Telecom intends to enlarge that network within the next two years. "We are pleased to advance our relationship with Ideal Telecom through this strategic agreement," said John Caradimas, general manager, Greece, Clarent Corp. "Ideal Telecom's relationship with Clarent illustrates how IP communications A general term for networks that use the IP protocol for voice (VoIP) and video traffic. See IP telephony. are revolutionizing the business model for telecommunications service providers. Clarent's solutions are enabling companies like Ideal Telecom to build networks quickly, to create an instant market presence and realize a return on their investments more rapidly than with traditional networks." About Clarent Clarent Corp. (Nasdaq:CLRN) is the world leader in providing intelligent, software-driven products for new generation, IP-based communications networks. Clarent solutions enable interconnection among communications service providers' disparate networks and foster the creation of global footprints for more than 350 telecom service providers worldwide, including AT&T, NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform and China Telecom. Clarent's software platform encourages innovation by allowing carriers to develop multiple new features for consumers and enterprises. Founded in 1996, Clarent is headquartered in Redwood City Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif. and has offices in Asia, Europe, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . To learn more about Clarent, visit its Web site at www.clarent.com. Forward Looking Statements This release may contain forward-looking statements that involve risks and uncertainties, including statements about the expected development of market demand for IP communications in Greece. These statements involve risks and uncertainties, including risks and uncertainties associated with the future demand for and adoption of IP communications in Greece as well as potential issues relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc interoperability, inability to introduce new products, ability to retain Ideal Telecom as a customer, changes in market conditions, government regulations, the international communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. , technological changes and other factors, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. These risks and uncertainties are described further in the risk factors discussed in Clarent's periodic filings with the SEC. Trademarks Clarent, the Clarent logo, Clarent OpenAccess, NetPerformer, DynaStar, Clarent Command Center, Clarent ThroughPacket, Clarent CPG CPG central pattern generators. , Clarent OpenAccess, PowerCell, SkyPerformer, ACTview and ServiceXchange are trademarks or registered trademarks, and "The Clearer. The Better" is a service mark of Clarent Corp. in the United States and other jurisdictions. All other trademarks, registered trademarks and service marks are the property of their respective owners. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion