FastComm Communications and Teleprime Incorporated Announce Global Channel Partner and Support Agreement.Business Editors/Hi-Tech Writers DULLES, Va.--(BUSINESS WIRE)--May 29, 2001 FastComm Communications (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: FSCX) today announced a Channel Partner and Support Agreement with Teleprime Inc. to market, sell, and support FastComm's SignalPath(TM) Signaling Gateway A network device that converts control signals from one format to another. For example, a SIGTRAN signaling gateway converts SS7 signals of the PSTN to SIGTRAN for transport over IP. Contrast with media gateway. See SIGTRAN. , and Voice over Internet Protocol (VoIP) and Voice over Frame Relay (VoFR) Integrated Access Devices (IADs) as part of Teleprime's worldwide carrier services network systems solutions. This agreement immediately enables Teleprime to rapidly deploy domestic and international network-based signaling and voice/data/packet-based solutions. Teleprime was formed in 1992 for the purpose of providing high-level design and system consulting services in emerging technology applications such as SONET, ADSL/HDSL, and other high bandwidth technologies being deployed in the telecommunications industry. More recently, Teleprime has moved into network engineering and solutions development related to voice and data networks for public and private applications, both domestic and international. "We are excited to have FastComm's products as part of our global network solutions," stated Dr. Raj P. Dave, Teleprime President and Chief Executive Officer. "FastComm's signaling and data products allow us to offer very competitive solutions to worldwide carrier and telephone/data service providers who are 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. competitive advantages in the rapidly evolving global carrier and systems market." The SignalPath(TM) Signaling Gateway product line supports multi-national signaling protocols, including ANSI (American National Standards Institute, New York, www.ansi.org) A membership organization founded in 1918 that coordinates the development of U.S. voluntary national standards in both the private and public sectors. It is the U.S. member body to ISO and IEC. SS7, ITU-T See ITU. ITU-T - International Telecommunications Union C7, ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. (both Euro and U.S.), R1, R2, and DTMF (Dual-Tone MultiFrequency) The type of audio signals that are generated when you press the buttons on a touch-tone telephone. See also DMTF. DTMF - Dual Tone Multi Frequency , as well as custom variants for over 80 countries, and (mu)-Law to A-Law rate conversion. Designed for national, cross-border, international connectivity, typical applications include E911 connectivity for VoIP networks, long distance toll by-pass, and international connections. FastComm's IAD (Integrated Access Device) A device that multiplexes a variety of communications technologies in the customer's premises onto a single telephone line for transmission to the carrier. It also demultiplexes the incoming streams into their respective channels. product line supports the transmission of voice, data, video, and fax over either VoFR or VoIP networks. Ideally suited for enterprise users, the products provide extensive IP and legacy protocol support. "This announcement creates a working relationship with a team of professionals formerly affiliated with Cronus Communications, which developed the signaling product line FastComm acquired in the Spring of 2000," said Peter Madsen, President of FastComm Communications. "Their long history and intimate knowledge of signaling technology gives Teleprime the ability to understand customers' technical requirements, separating them from other providers." About FastComm FastComm Communications www.fastcomm.com is a complete signaling, voice and data system solution provider, offering innovative signaling interoperability solutions that include support for SS7, C7, C5, R1, R2, and DTMF. FastComm also provides advanced IP and data solutions over Frame Relay such as voice/data Integrated Access Devices (IADs), IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) data center products and protocol converters specifically designed for Unisys environments. Forward looking with a corporate goal to provide customers with leading edge technology and cost-effective means of incorporating these technologies into existing or new networks, FastComm is positioning itself at the forefront of the evolving converged networks. About Teleprime Inc. Launched in 1992, Teleprime Inc. is a specialized carrier services network solutions provider and a leader in providing technical and consulting services for the telecommunications marketplace on a global scale. The solutions offered by Teleprime range from consulting services through transport and switched systems engineering, provisioning and supply of solutions based on network products inclusive of support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services , whether domestic or international. For more information visit Teleprime's web site at http://www.teleprime.com/. Forward-looking statements are made in this release pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that all forward looking statements are subject to risk and uncertainties, including, without limitation, the timing of new announcements or introductions by the company and its competitors, the hiring and retention of key employees, competitive pricing pressure, dependence on third parties for components and products, and general economic conditions in the United States and international markets, and the risk factors detailed from time to time in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission. To request a data sheet of any FastComm product, please contact the Company via phone (703) 318-7750; Fax (703) 787-4625; e-mail info@fastcomm.com; or visit FastComm on the World Wide Web at www.fastcomm.com. |
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