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Movilnet Purchases Eagle STP Pair from Tekelec.

Business Editors, High Tech Writers

MORRISVILLE, N.C.--(BUSINESS WIRE)--Nov. 1, 2000

Deployment Fueled by Explosive Growth

in Venezuelan Wireless Services

Tekelec (Nasdaq: TKLC) today announced that Telecomunicaciones Movilnet C.A. Venezuela purchased a pair of EAGLE signal transfer points (STPs) for its wireless network.

Movilnet, the leading provider of advanced digital wireless services in Venezuela, is deploying the EAGLE STPs to accommodate the increased signaling demands placed on its network by the rapid growth of mobile subscribers and Internet services in the market.

"Movilnet, with the implementation of a very successful prepaid strategy, has seen over 70% yearly subscriber base growth," said Ignacio Angulo, vice president, Network Operations and Systems, Movilnet. "Our competitive advantage, based on a very efficient SS7 implementation of this service, lies in our ability to provide better and more advanced services at a reasonable cost."

Ignacio Angulo continued, "Tekelec's technology allows us to easily scale, reducing cost per customer while accommodating the growth we are experiencing. Tekelec's EAGLE STP is a highly reliable, scalable solution which will help us increase the robustness and flexibility of our network, in order to consolidate our position in the Venezuelan market as the leading provider of quality wireless services."

Cecil Boyd, senior vice president and general manager, Network Systems Division, Tekelec, stated, "Movilnet, with over 1.4 million customers, has been extremely successful in garnering a large share of the cellular market in Venezuela. The growth in its customer base and in the sophisticated wireless data services the company provides are fueling a dramatic increase in the volume of signaling traffic. We are very pleased to partner with Movilnet to develop the signaling backbone for its network which will deliver call control and the scalable capacity to position the company for future growth."

About EAGLE STP

The Tekelec EAGLE STP is the world's first fully distributed, packet-based STP. It provides unparalleled performance, capacity and throughput at an exceptional value with the highest level of reliability and network security in the industry. The EAGLE STP leads the market with more than 500 systems installed in telecommunications networks worldwide. The EAGLE platform is capable of supporting a local number portability (LNP) database of up to 48 million numbers, 40,000 transactions per second and up to 2,000 links. The EAGLE platform also supports the addition of new, revenue-generating services and signaling over Internet protocol (IP) in next-generation networks.

About Movilnet

Movilnet is the B-band cellular service provider in Venezuela, offering full IS-136 digital service nationwide and a variety of quality information services to the Venezuelan market. It is a fully owned subsidiary of CANTV (NYSE: VNT). CANTV is a full service telecommunications provider in Venezuela, with 2.6 million access lines in service, 1.4 million cellular subscribers and 241,000 Internet users as of June 30, 2000. CANTV was privatized in 1991 when a consortium led by GTE (now Verizon Communications) acquired 40% of CANTV's equity share capital, as well as operating control from the Venezuelan Government.

About Tekelec

Tekelec is a leading developer of telecommunications signaling infrastructure, softswitches, diagnostic solutions, and service applications. The company's highly reliable solutions enable telecommunications carriers and equipment suppliers to achieve the benefits of the packet-telephony revolution, while keeping service quality and feature richness intact. Tekelec's innovative solutions are widely deployed in traditional and next-generation wireline, wireless, and IP voice, data communications networks and contact centers worldwide. Corporate headquarters are located in Calabasas, Calif., with research and development facilities and sales offices throughout the world. For more information, please visit www.tekelec.com.

The Tekelec logo and EAGLE are registered trademarks of Tekelec. All other trademarks are the property of their respective owners.
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Publication:Business Wire
Geographic Code:3VENE
Date:Nov 1, 2000
Words:611
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