Clarent Corporation Targets Wireless Market.Business Editors/High-Tech Writers CANNES, France--(BUSINESS WIRE)--Feb. 21, 2001 Teams With interWAVE To Provide Mobile Operators With Solutions Designed To Reduce Operational Costs and Deliver Enhanced Services Clarent(R) Corporation (Nasdaq:CLRN CLRN California Learning Resource Network CLRN Community Legal Resources Network CLRN Chemical Laboratory Response Network ), a leading provider of 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, today announced key steps to build upon the success of the company in the landline carrier market and extend that success to new opportunities in the wireless market. The company has teamed with interWAVE Communications International, Ltd. (Nasdaq:IWAV), a pioneer in the wireless market, to provide mobile operators with solutions that meld the power and flexibility of VoIP and IP Intelligent Networking with the mobile network. These solutions are being demonstrated in the Clarent booth G40 and interWAVE booth H22 at the GSM 2001 conference being held this week in Cannes, France. "We believe that all mobile operators can capitalize upon the many benefits a wireless IP network offers," said Eric Grubel, Carrier Business Unit president, Clarent Corporation. "The benefits of an integrated wireless VoIP See voice over Wi-Fi. solution, including reduced operational costs and the opportunity to deliver new and enhanced services to the end user, are now available to mobile operators. Our agreement with interWAVE, an innovator in the GSM wireless industry, truly underscores our firm commitment to the mobile market. You can expect more from Clarent as we move aggressively into the wireless space." Under the terms of the Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. , Clarent and interWAVE will jointly integrate, market and sell Clarent's VoIP communications platform and interWAVE's GSM mobile infrastructure to meet the needs of mobile operators who wish to take advantage of the flexibility and scalability of the VoIP network. Through these Clarent/interWAVE solutions, mobile operators will be able to send calls from the interWAVE system to the IP network where they will then be able to terminate via a VoIP operator anywhere in the world. "interWAVE has pioneered GSM Wireless Voice over IP solutions," said Priscilla Lu, Ph.D., interWAVE's chairman and chief executive officer. "By integrating our ideas with Clarent's IP-based communications solutions, our unique wireless architecture will give network operators new avenues to grow their networks, expand services and generate revenue." About Clarent Clarent Corporation (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 300 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. About interWAVE Communications interWAVE Communications International, Ltd. (Nasdaq:IWAV) has pioneered a product suite that provides all of the infrastructure equipment and software necessary to support an entire wireless network within a single compact system. interWAVE's networks support the Global System for Mobile communications (communications) Global System for Mobile Communications - (GSM, originally "Groupe de travail Sp?ciale pour les services Mobiles") One of the major standards for digital cellular communications, in use in over 60 countries and serving over one billion subscribers. (GSM) standard. interWAVE's Modular GSM Networks, Business Mobility(TM) and Specialized solutions are currently deployed in more than 30 countries. GSM accounts for 68 percent of the world's digital market and 59.9 percent of the world's wireless market with subscriber numbers approaching 500 million. interWAVE markets and sells its products directly to GSM licensed operators, mobile virtual network operators and indirectly through strategic relationships with communications equipment providers and systems integrators. More information about interWAVE Communications is available on the company's web site at www.iwv.com. Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : This release contains forward-looking statements, including statements about the use and functionality of integrated Clarent/interWAVE solutions, the potential benefits of IP communications A general term for networks that use the IP protocol for voice (VoIP) and video traffic. See IP telephony. for wireless service providers and end-users and Clarent's future activities in the wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. market. These statements involve risks and uncertainties, including potential issues relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc successful integration and deployment of Clarent and interWAVE products, as well as issues related to interoperability, technological performance, market conditions, 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. , 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. This news release contains forward-looking statements that are subject to known and unknown risks and uncertainties that could cause the results of interWAVE Communications International, Ltd. to differ materially from management's current expectations. These risks and uncertainties include, but are not limited to, the risks relating to interWAVE's history of losses, the expectation of future losses, reliance on a small number of customers, complexity of products, difficulties in introducing new or enhanced products, compliance with regulations and evolving industry standards, long sales cycles, intense competition, management of global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. , the ability to retain and motivate key employees, and the Risk Factors discussed in the initial public offering prospectus dated January 28, 2000, and in the filings and reports made from time to time by interWAVE with the Securities and Exchange Commission. Note to Editors: Clarent, the Clarent logo, NetPerformer, DynaStar, Clarent Command Center, Clarent ThroughPacket, PowerCell, SkyPerformer, ACTview and ServiceXchange are trademarks or registered trademarks, and "The Clearer. The Better" is a service mark of Clarent Corporation in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and other jurisdictions. All other trademarks, registered trademarks and service marks are the property of their respective owners. interWAVE and Business Mobility are registered trademarks of interWAVE Communications International, Ltd. |
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