Convedia Named One of British Columbia's Top 21 Exporters; Award Nomination Recognizes Export Success of Local Voice Over IP Leader.VANCOUVER, Canada -- Convedia Corporation has been named one of British Columbia's Top 21 Exporters for 2005. Convedia was selected as a finalist in the New Exporter category, based on the companies rapid and consistent growth in export shipments to customers around the globe. The awards are presented annually and co-hosted by Canadian Manufactures and Exporters (CME CME See: Chicago Mercantile Exchange CME See Chicago Mercantile Exchange (CME). ) and BC's Provincial Ministry of Economic Development. Founded in 2000, Convedia has quickly become the recognized global leader of Voice over 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. (VoIP) Media Server technology for next generation telecommunication telecommunication Communication between parties at a distance from one another. Modern telecommunication systems—capable of transmitting telephone, fax, data, radio, or television signals—can transmit large volumes of information over long distances. networks. Convedia began exporting products in 2001, and has consistently derived over 95% of their product sales outside Canada. In 2004, Convedia's revenues grew over 300% as the company secured a global customer base and VOIP deployments accelerated worldwide. Convedia's early penetration of China and Asia has resulted in over 40% of their revenues coming from that region of the world alone. Convedia founders Peter Briscoe and Grant Henderson recognized early on that to succeed in the complex telecommunication equipment marketplace, it would be essential for the company to access international markets through strategic partnerships. The success of Convedia's channel distribution strategy, coupled with the global reach of Convedia's business partners, has resulted in deployments in over 30 countries and sales to 25 of the world's top 50 telecommunication service providers. "Convedia is thrilled to be recognized as one of B.C.'s fastest growing exporters," said Grant Henderson, Executive Vice President of Convedia. "We are very fortunate to have access to an amazing a·maze v. a·mazed, a·maz·ing, a·maz·es v.tr. 1. To affect with great wonder; astonish. See Synonyms at surprise. 2. Obsolete To bewilder; perplex. v.intr. talent pool here in BC, and our success could not be possible without the commitment and dedication of our world class team and business partners" Convedia's award-winning family of carrier-class IP media servers help large enterprise and telecommunication service providers reduce costs, increase productivity and enable new revenue opportunities in the increasingly IP centric telecommunication world. Convedia's media servers are used today to power a broad range of enhanced services Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information; including pre-paid calling cards, audio and video conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. services, voicemail platforms and hot new services like massively multiplayer online gaming See gaming. and customized ring tones. About the 2005 BC Export Awards The 2005 BC Export Awards are co-hosted by Canadian Manufactures and Exporters (CME) and the Provincial Ministry of Economic Development. Presented annually, the Export Awards are open to all B.C. registered companies that have exported a product or service for two or more years. For more information visit www.bcexportawards.com About Convedia Convedia is the leading supplier of VOIP media servers, which enable telecommunication service providers to reduce service delivery costs and increase revenues through new approaches to enhanced services. Since pioneering the IP media server market in early 2000, Convedia has deployed its multi-service media processing See media control. platforms and technology with over 100 customers worldwide, including 25 of world's top 50 carriers. Convedia's award-winning family of products includes the CMS-6000 Media Server, a carrier-class media server capable of scaling to 18,000 ports per shelf, and the CMS-1000 Media Server, a low-cost, entry-level media server. Convedia is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in Vancouver, Canada, with regional offices in Asia, 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 Europe. For additional information about Convedia, its products, or the role of media servers in Softswitch, Packet Cable, or 2.5 and 3G/IMS wireless architectures, visit www.convedia.com. |
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