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DSET Expands Product Development Center With Move to Larger Texas Facility.


BRIDGEWATER, N.J.--(BUSINESS WIRE)--July 29, 1999--

(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
: DSET DSET Desert Sunshine Exposure Testing Inc. ) - DSET Corporation has announced that it will move its product development center for electronic-bonding gateways from Richardson, Texas Richardson is a suburb in Dallas County and Collin County, Texas. As of the 2000 census, the city had a total population of 91,803, while according to a 2006 estimate, the population had grown to 99,200.  to a substantially larger facility in Plano. DSET expects to complete the move by the beginning of August.

"The move to Plano is a response to the growing demand for our electronic-bonding gateways," said Phillip Cavallo, DSET's vice president of marketing and product management. "We're staffing up to meet our commitment to an aggressive product-rollout and installation schedule. The expansion of our gateway development location in Texas is a key part of this commitment."

DSET will lease 20,000 square feet in a new building about four miles from the location where the company had approximately 8500 square feet. Features of the new location include state-of-the-art facilities to test software and to train clients in the use of DSET's products.

"As with our recent relocation to new headquarters in New Jersey, a key selection parameter in Texas was making sure that the move would have minimal impact on the lives of our employees outside the workplace," said Steve Van Houten Van Houten may refer to:
  • Coenraad Johannes van Houten
  • Milhouse Van Houten
, DSET's director of human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. . "Our new location meets all of our objectives. Just a few miles from where we were in Richardson, the building we selected has the offices, labs, and amenities that will help us deliver high-quality products to meet the market demand."

Effective August 1, the new address of DSET's office in Texas will be: 2201 West Plano Parkway, Plano, Texas Plano (IPA: /ˈpleɪnoʊ/) is a wealthy suburb of Dallas, Texas, located to the north, mainly within Collin County, but also extending into Denton County. According to the 2000 U.S.  75075-8426. DSET's main telephone number will be 972-312-1800.

About DSET:

DSET Corporation is a leading provider of software and services to the telecommunications industry. Network-equipment manufacturers worldwide use DSET application development tools to build software applications that manage network components and support new services. DSET's interconnection in·ter·con·nect  
v. in·ter·con·nect·ed, in·ter·con·nect·ing, in·ter·con·nects

v.intr.
To be connected with each other: The two buildings interconnect.

v.tr.
 solutions facilitate the automated flow of information between carriers' 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  (OSSs). The company's services include custom application development and consulting, as well as testing, maintenance, and training.

Statements regarding financial matters contained in this press release, other than historical facts, are forward-looking. Since all statements about DSET's plans, estimates, and expectations are based on current projections that involve risks and uncertainties, and are subject to change at any time, the company's actual results may differ materially from expected results. Investors should consider these risks and uncertainties, which are discussed in documents filed by DSET with the Securities and Exchange Commission. These documents identify important factors that could cause the actual results to differ materially from those contained in the projections or 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.
. DSET expressly disclaims any obligation to update any forward-looking statements.

DSET's web site can be viewed at www.dset.com.

DSET and the DSET logo are registered trademarks of DSET Corporation.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 29, 1999
Words:454
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