Inet Introduces GeoRoam -- New IT:seven Application; Offers Solution for Roaming Traffic Quality of Service Management.Business Editors & High-Tech Writers CANNES, France--(BUSINESS WIRE)--Feb. 20, 2001 Inet Technologies, Inc. (Nasdaq:INTI), a leading global provider of communications software (communications, software) communications software - Application programs, operating system components, and probably firmware, forming part of a communication system. These different software components might be classified according to the functions within the Open Systems solutions for next-generation networks, today announced the introduction of GeoRoam(TM) -- a new application within the company's IT:seven(TM) business intelligence suite developed specifically to meet the challenges faced by mobile carriers. Inet is unveiling its new strategic wireless solution at the 3GSM World Congress, February 20-23, 2001. (Booth C51, Hall 2) Inet's GeoRoam application will aid wireless service providers in attracting and retaining high-margin subscribers and roaming visitors by ensuring high Quality of Service (QoS) for roaming traffic. The solution will also protect and maximize mobile carriers' existing revenue streams by measuring the QoS of roamer traffic, as well as inter-carrier validation of Short Message Service (SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. ) and Unstructured Supplementary Services Data (USSD (Unstructured Supplementary Service Data) A messaging function in GSM cellphones. Unlike regular text messages, USSD messages travel over GSM signaling channels and are used to query information and trigger services. See CAMEL. ) for roamers. GeoRoam will utilize existing signaling data gathered by the GeoProbe(TM) to monitor service performance, as well as GPRS (General Packet Radio Service) The first high-speed digital data service provided by cellular carriers that used the GSM technology. GPRS added a packet-switched channel to GSM, which uses dedicated, circuit-switched channels for voice conversations. , SMS and USSD activity, for both visiting roamers and a carrier's own subscribers roaming into others' networks. "Subscribers' communications habits are gravitating more and more toward new, innovative services, particularly mobile data transport, offered by next-generation wireless technology," said Elie Akilian, Inet's president and chief executive officer. "In order to meet market demands and retain, as well as acquire, roaming subscribers and visitors, mobile operators must implement the additional infrastructure, network capacity and technology required to provide superior service quality and advanced data offerings." "Until now, mobile carriers have not had an efficient, economical means of billing other carriers for the transport of SMS, USSD and future GPRS services," continued Mr. Akilian. "Inet's GeoRoam application will help to alleviate the added costs associated with providing advanced data services by allowing carriers to monitor and manage interconnect partners for transporting such services. In addition, the QoS assurance offered by GeoRoam will help to secure and increase revenue streams from the carrier's most lucrative traffic." The Company expects the GeoRoam application to be generally available in the third quarter of 2001. About IT:seven Inet's IT:seven suite of applications (GeoBill(TM), GeoCare(TM), GeoConnect(TM) and GeoRoam) provides carriers with business intelligence about the inner-workings of their network, as well as the performance of interconnecting networks at interconnection points. Utilizing SS7 data, which provides a fingerprint of telecommunications, IT:seven applications extract key calling and signaling information to construct operational and management views of network activity. The IT:seven suite has both historical and real-time applications and alarms. Multiple business functions are supported, including interconnection Quality of Service (QoS) and Service Level Agreements (SLA (1) (StereoLithography Apparatus) See 3D printing. (2) (Service Level Agreement) A contract between the provider and the user that specifies the level of service expected during its term. ); revenue assurance operations; traffic management; customer and service QoS; and mobile communications QoS and Short Message Service (SMS). IT:seven leverages the signaling network to enable better business planning and management. About Inet Technologies, Inc. Founded in 1989, Inet provides solutions that enable telecommunications carriers to more effectively design, deploy, visualize and manage communications networks that carry signaling information used to manage telephone calls. Inet's products also address the fundamental business needs of telecommunications carriers, such as improved billing, targeted sales and marketing, fraud prevention and enhanced call routing. Inet is headquartered in 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. and has approximately 650 employees worldwide. Inet is an 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 registered company. For more information, visit Inet on the Internet at www.inet.com. Inet Technologies, GeoRoam, IT:seven, GeoBill, GeoCare, and GeoConnect are trademarks of Inet Technologies, Inc. All other trademarks belong to their respective owners. This 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. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are significant fluctuations in Inet's operating results, any slowdown in the growth of the telecommunications industry, any reversal or slowdown in the pace of privatization privatization: see nationalization. privatization Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned and deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. of telecommunications markets worldwide, deferred or lost sales resulting from Inet's lengthy sales cycle, any downturn in the demand for Inet's products and solutions, increased competitive pressures, Inet's ability to manage rapid and significant growth, the loss of key personnel, rapid technological change within the telecommunications industry, special 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. and other factors detailed in Inet's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1999 and Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 2000. |
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