Cyber Digital, Inc. Places $103 Million Value on Its CTSX System; CTSX System Offers Both Packet and Circuit Switching for 'Last Mile' Local Tandem Switching Networks.
CTSX system is primarily designed for use by competitive local exchange carriers (CLECs), who are forced to bypass the Bells' local switching networks pursuant to the recent FCC ruling. CTSX is a carrier-grade integrated voice and data tandem switching system delivering TDM Class 4/5, PRI, packet switching and VoIP. CTSX offers an easy migration from the traditional circuit switched network to the next generation packet switched network based on IP (Internet Protocol).
In a report released by Investrend Research in April 25, 2002, it stated, "Santera's switch line is comparable to CYBD's Cyber Distributed Central Office (CDCO) distributed switching and networking system." The CTSX, Cyber Tandem Switch, is derived from the CDCO for tandem applications comparable to Santera switch. One October 3, 2005, Tekelec announced that it had completed its acquisition of the minority interest in Santera for $75.6 million cash. Prior to that, it had paid $28 million cash for a certain interest, bringing the acquisition amount to $103.6 million cash.
"Therefore, we believe that our CTSX system could be valued at $103 million. Yet, our current market cap is only $5 million, based on approximately 22 million shares outstanding at current stock price," stated J.C. Chatpar, president and CEO.
About Cyber Digital, Inc.
Cyber Digital, Inc., is a leading designer and software developer of advanced distributed digital voice switches and high-performance Internet Protocol (IP) broadband systems, such as softswitches, routers, gateways, firewalls and servers for network operators worldwide. For more information, visit www.cyberdigitalinc.com
This press release contains forward-looking statements, pursuant to the "safe harbor" provisions as fully described in Cyber's SEC filings.
Contact: J.C. Chatpar, (631) 231-1200, or please send your request to firstname.lastname@example.org to receive updates by email.
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|Date:||Feb 28, 2006|
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