PAETEC Chooses Mitel to Deliver IP Telephony Desktop Solution for Global Financial Trading; Mitel Navigator and Your Assistant Provide Financial Trading-Specific Capabilities.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- PAETEC Communications, Inc., today announced that is it teaming with Mitel, a leading provider of IP communications A general term for networks that use the IP protocol for voice (VoIP) and video traffic. See IP telephony. solutions, to provide an integrated desktop solution which will allow global financial institutions to eliminate the need for large capital investment, while establishing off-site light trading sites, as well as ensuring critical network resiliency. The feature-rich solution will include Mitel's Navigator desktop appliance, as well as Mitel's conferencing and collaboration solution, Your Assistant. PAETEC's IP Telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. financial solution will include networking via the Mitel 33300 Integrated Communications Platform (ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. ), voice, and data applications, and future market data services. The PAETEC-Mitel solution will be demonstrated at the SIA Sia (sī`ə) or Siaha (sī`əhə), in the Bible, family returned from the Exile. SIA - Serial Interface Adaptor (Securities Industry Association) 2005 Technology Management Conference and Exhibit at the New York Hilton on June 21 - 23 (PAETEC Booth #1416; Mitel Booth #4109). The PAETEC-Mitel solution is based on Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (IP) technology, which is transforming the way information moves in the financial industry. The PAETEC solution will convert the desktop to a monthly recurring charge rather than a significant investment in premises-based hardware as the new service moves network intelligence to desktops everywhere. "This standalone peer-to-peer solution designed by Mitel is the future of trading," said Brad Bono, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. at PAETEC. "It offers significantly reduced costs, integration with voice, data, and video applications, and is completely portable, making business continuity a standard feature rather than a costly option." The powerful combination of Mitel Navigator and Your Assistant, delivers a platform that is ideal for high-performance environments like financial trading, allowing for centrally managed applications and allowing all traders to be mobile. Mitel's solution allows for "virtualization An umbrella term for enhancing a computer's ability to do work. Following are the ways virtualization is used. Hardware Virtualization Partitioning the computer's memory into separate and isolated "virtual machines" simulates multiple machines within one physical computer. " of its applications in that all can be hosted centrally, as both the PC and voice networks are converged, allowing for simpler management and lower networking costs. As a telephony endpoint, the Mitel Navigator supports the Session Initiation Protocol (protocol) Session Initiation Protocol - (SIP) A very simple text-based application-layer control protocol. It creates, modifies, and terminates sessions with one or more participants. Such sessions include Internet telephony and multimedia conferences. It is described in RFC 2543. (SIP) and Mitel's own MiNet protocol. Mitel Navigator can also be integrally linked to the award-winning Mitel Your Assistant, which is a highly intuitive suite of tools delivering presence, collaboration, video, and instant messaging Exchanging text messages in real time between two or more people logged into a particular instant messaging (IM) service. Instant messaging is more interactive than e-mail because messages are sent immediately, whereas e-mail messages can be queued up in a mail server for seconds or with knowledge, call, and directory management that improves efficiency through a single interface. Paul Butcher Paul Butcher is the name of:
About PAETEC PAETEC Corp., through its operating subsidiary, PAETEC Communications, Inc., is a provider of integrated communications services, including local and long distance voice services, data and Internet services, software applications, network integration services, and managed services. PAETEC currently provides these services to medium-sized and large businesses, colleges and universities, hospitals, hotels, governmental organizations, financial markets, and affinity groups within its 28-market service area. The company is headquartered in Fairport, N.Y. About MITEL Mitel is a market leader for voice, video, and data convergence over broadband networks. With a focus on the user experience, the company delivers advanced communications solutions that are easily customized for individual business needs. Mitel solutions extend from intuitive desktop appliances and applications through to Applications and Services Gateways that enable business process integration and enhancement. Customers are provided with innovative ways to leverage their resources and migrate to the benefits of IP communications at their own pace. Mitel is headquartered in Ottawa, Canada with offices, partners, and resellers worldwide. For more information please visit www.mitel.com. |
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