CrossKeys Opening Office in India to Serve Rapidly Developing Market.KANATA, ONTARIO--(BUSINESS WIRE)--Nov. 4, 1998--CROSSKEYS (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CKEYF) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CKY CKY Camp Kill Yourself (band) CKY Conakry, Guinea - Conakry (Airport Code) .) CrossKeys reach into Asia bolstered by direct service presence in its 15th regional office worldwide CrossKeys Systems Corporation (NASDAQ: CKEYF; TSE: CKY), a leading supplier of service, network and element management applications software for telecommunication service providers, today announced the establishment of its newest office, located in Chennai (formerly Madras), India, to serve the region's large and growing telecom market. Industry analysts predict that India will continue to invest heavily in telecommunication infrastructure, totaling over $24 billion US for the period from 1996 to 2000. "CrossKeys continues to seize opportunities for growth," says Rick Schmaltz schmaltz also schmalz n. 1. Informal a. Excessively sentimental art or music. b. Maudlin sentimentality. 2. Liquid fat, especially chicken fat. , Vice President of Regional Operations. "With our newest office in India, our 15th, we are now directly present in 11 countries around the globe, positioning us to serve the world's most dynamic telecommunication markets." Karl Viswanath Kalyan has been appointed Director, Business Development for the India region. Mr. Kalyan is a veteran of the international telecom product and services market, working with numerous telecommunications operators around the globe. His direct experience with telecommunications in India A large population, low telephony penetration levels, and rise in consumer income and spend owing to strong economic growth have contributed to making India the fastest growing telecom market in the world. and South Asia This article is about the geopolitical region in Asia. For geophysical treatments, see Indian subcontinent. South Asia, also known as Southern Asia gives him a keen understanding of this marketplace. "CrossKeys strongly believes that the Indian sub-continent is a market with high growth potential," says Mr. Schmaltz. "We want to work with the service providers and the considerable development talent of India. Together, we can offer CrossKeys products that are integrated and customized in India to deliver comprehensive solutions." India is committed to increasing substantially its number of main phone lines per population (teledensity) by the year 2000. Given India's population of close to one billion, this is a significant project. Immediate opportunities for CrossKeys to contribute to this undertaking come through its Altus(tm) product line, a portfolio of voice traffic management solutions, and its CrossControl(tm) portfolio of multivendor network and element management software solutions. As networks expand in size and complexity, CrossKeys Resolve(tm) service management software will be in a position to add value to India's telecommunication service providers. CrossKeys now has offices in Australia, Brazil, Canada, France, Germany, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , India, Israel, Mexico, the United Kingdom and the United States. CrossKeys Systems Corporation (www.crosskeys.com) is a leading developer of service, network, and element management solutions for telecommunication service providers, helping them gain a competitive advantage in deregulated markets. CrossKeys combines a commitment to research and development with experience in the world's most demanding telecommunication markets to deliver highly advanced software applications. A leading supplier to Newbridge Networks Corporation, Compaq, and Siemens AG, CrossKeys products help service providers deliver differentiated services, implement new technologies, and manage multiple vendor networks. CrossKeys has been ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certified since 1995. CrossKeys Systems Corporation is a public company whose common shares are listed for trading on NASDAQ (CKEYF) in the United States and on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (CKY) in Canada. CrossKeys and logo are registered trade marks TRADE MARKS. Signs, writings or tickets put upon manufactured goods, to distinguish them from others. 2. It seems at one time to have been thought that no man acquired a right in a particular mark or stamp. 2 Atk. 484. of CrossKeys Systems Corporation. All other trade marks are the property of their respective holders and are acknowledged by CrossKeys Systems Corporation. Related releases: October 26 CrossKeys to speak and exhibit at China's largest telecom trade show October 6: CrossKeys a Double Winner at Canada Export Awards August 6: CrossKeys opens sales office in 10th country |
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