Corsair Installs Prepaid for Cable and Wireless in Panama.PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--Nov. 10, 1998-- Ericsson OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and Deal Brings in Corsair's PrePay(tm) System for Competitive Edge Corsair corsair: see Barbary States; piracy. Communications Inc. (Nasdaq:CAIR CAIR Council on American-Islamic Relations CAIR Clean Air Interstate Rule (EPA) CAIR Center for AIDS Intervention Research CAIR Changing Attitudes in Recovery CAIR California Association for Institutional Research ) announced that it has installed and gained acceptance of its PrePay(tm) system for Cable and Wireless S.A., Panama's recently activated B-band cellular service provider. Ericsson and Corsair installed the system jointly under an original equipment manufacturing arrangement. The PrePay system passed acceptance tests at the end of September and is now fully operational, offering prepaid service to Cable and Wireless cellular users throughout the country. The PrePay system, marketed as Ericsson's PrePaid Calling Service, provides real-time prepaid service using a Wireless Intelligent Network (WIN) architecture. PrePay uses SS7 signaling to direct wireless system switches to route prepaid calls directly, rather than routing them through an adjunct switch. The system's WIN architecture is more easily expanded than competing systems and much faster at routing calls, often reducing connection time from 15 or 20 seconds to a matter of milliseconds. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Geoff Houston, head of sales, marketing, and customer service for Cable and Wireless in Panama, the carrier is looking to PrePay to help grow market share. "We are aggressively growing our service base, and prepaid service is one key to doing that quickly," Houston said. "With the PrePay system, we expect to have a big competitive edge for two reasons: call setup is virtually instantaneous, and our prepaid customers have the benefit of enhanced services such as voicemail, message waiting, and caller ID A telephone company service that sends the caller's telephone number between the first and second ring of the call. If the calling number is not blocked, the calling number is displayed on the handset or base station of the called party. . This positions us very well with consumers." From an operator's perspective, PrePay carries several other benefits for service providers besides the cost advantage and connection speed of the WIN approach. The system's real-time capabilities enable carriers to debit accounts during calls and provide up-to-the-minute account status through an interactive voice response system. PrePay's complete billing and customer service features allow carriers to handle customer inquiries, structure service pricing flexibly, and provision accounts directly through the system. On Jan. 20, 1998, Cable & Wireless Panama launched its cellular service, Cable & Wireless Movil. The service was introduced in Panama offering an alternative to those customers looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a high- quality, affordable service, supported by one of the largest operators of cellular networks. Within 10 months, Cable & Wireless Movil has established itself as the fastest growing network in terms of both coverage and customers. Coverage now extends to all major urban areas, and all major connecting highways, stretching as far as the border with Costa Rica Costa Rica (kŏs`tə rē`kə), officially Republic of Costa Rica, republic (2005 est. pop. 4,016,000), 19,575 sq mi (50,700 sq km), Central America. -- a first for Panama. With a combination of local and international expertise, Cable & Wireless Movil will continue to exceed customer expectations through the provision of innovative services. Corsair is a leading provider of software and system solutions for the wireless industry. The company's products include systems for fraud prevention and churn reduction, customer care and billing, and wireless location. NOTE: This news release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. Actual results may differ materially because of various risks, including risks associated with product sales and installation, economic and political instability, fluctuations in foreign currency exchange rates, possible difficulty in collecting accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying , and other risks associated with international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. . For an expanded discussion on such risks, please see the documents filed by Corsair Communications with the U.S. Securities and Exchange Commission. |
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