Coherent Networks to Expand National Sales Organization; Company Actively Recruiting Sales Force to Support New FastGate Solution for the Utility Industry.Business/Technology Editors SYRACUSE, N.Y.--(BUSINESS WIRE)--Jan. 22, 2001 Coherent Networks, Inc., a provider of next generation gateway solutions for utility customers, today announced plans to build its national sales force in the Southeast, West and Midwest. The expansion will help support anticipated market demand for the Company's recently announced FastGate product, a suite of software tools used to rapidly deploy 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. ). FastGate was developed for utilities customers to address the enormous data challenges created by deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. and industry consolidation. "With FastGate, we are meeting a critical need by helping electric utilities improve operational efficiencies," said Jim Scanlon, Vice President of Sales for Coherent Networks, Inc. "We are aggressively recruiting top-level sales personnel to enable us to take advantage of this market opportunity." In today's increasingly competitive energy marketplace, utility companies are focused on increasing efficiencies, reducing costs and boosting profits. Additionally, merged organizations formed out of recent market consolidation are faced with the challenge of managing enormous volumes of data from disparate sources, which must be validated val·i·date tr.v. val·i·dat·ed, val·i·dat·ing, val·i·dates 1. To declare or make legally valid. 2. To mark with an indication of official sanction. 3. and tightly integrated to properly utilize OSS applications. FastGate, Coherent Networks' next generation gateway solution for utility customers, enables organizations to quickly deploy OSSs by integrating, enhancing, validating val·i·date tr.v. val·i·dat·ed, val·i·dat·ing, val·i·dates 1. To declare or make legally valid. 2. To mark with an indication of official sanction. 3. and maintaining data required by these systems. Additionally, Coherent Networks offers services to further reduce system deployment The deployment of a mechanical device, electrical system, computer program, etc., is its assembly or transformation from a packaged form to an operational working state. Deployment implies moving a product from a temporary or development state to a permanent or desired state. costs and improve the performance of existing systems for utilities. Today, Coherent Networks International employs over 350 people and has grown to be a leading provider of software products and services to the electric power and communications markets worldwide. In identifying top talent, Coherent has added Joe Schmidt Joseph Paul Schmidt (born January 18, 1932), is a former American football player and coach at both the collegiate and professional levels. His 13-year career with the National Football League's Detroit Lions gained him a place in the Pro Football Hall of Fame in 1973. and Kelly Huddleston as Sales Directors to its expanding sales force, reflecting the Company's ability to attract candidates with strong industry experience. Schmidt will direct Coherent Networks' Northeast sales organization and has previous experience selling software solutions to the utility industry with Intergraph Corporation and Enghouse Systems, Ltd. Huddleston will direct Coherent's Southeast sales organization and brings to Coherent Networks over sixteen years of experience in the commercial utility software market with SmallWorld Systems, Inc., Bentley Systems Bentley Systems, Incorporated, provides software for the "Design, construction and operation of the world's infrastructure". The company’s software serves the building, plant, civil, and geospatial vertical markets in the areas of architecture, engineering, construction (AEC) and Intergraph Corporation. About Coherent Networks Founded in 1995, Coherent Networks, Inc. delivers next generation gateway solutions - FastGate - to utility and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. customers that rely on high quality data for the operation of mission critical business systems. The Company uses advanced gateway technology to rapidly launch Operations Support Systems and can deploy required services to further reduce system deployment costs and enhance overall data quality. Coherent Networks' solutions maximize Operational Support System reliability and performance to enhance customer service and decrease operating costs operating costs npl → gastos mpl operacionales . Coherent Networks also provides products and associated services to help Operations Support Systems providers improve the performance of their existing systems and deliver new applications. For more information, call 315-433-1010 or visit www.coherentnetworks.com. |
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