Sagem Communication Announces the Acquisition of Interstar Technologies; Takeover of Montreal-Based Interstar Technologies Solidifies Sagem Communication's Position as Global Leader for Fax over IP.PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. & MONTREAL -- Sagem Communication SAGEM Communication is a French company, headquartered in Paris, involved in communication systems and consumer electronics. Formerly a division of SAGEM (Société d’Applications Générales de l’Electricité et de la Mécanique), Sagem Communication became, in 2005, (SAFRAN Group), a global leader in the fields of mobile and broadband communications, announced today the acquisition of Interstar Technologies Inc. (www.faxserver.com) and the creation of a new Sagem Interstar subsidiary based in Montreal, Quebec. Interstar designs, develops and distributes IP based fax servers for converged communications networks The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. . Interstar Technologies Inc., headquartered in Montreal, Quebec, Canada, is the pioneer and recognized world leader in Fax over IP (FoIP) servers. Interstar Technologies started a revolution in the fax server space in 1996 with the launch of LightningFAX(R), an analog based solution and then reinvented the fax server in 2002 with the introduction of the innovative XMediusFAX(R) product line based on IP technology. This IP based fax server solution utilizes the ITU (International Telecommunication Union, Geneva, Switzerland, www.itu.ch) A telecommunications standards body that is under the auspices of the United Nations. Comprising more than 185 member countries, the ITU sets standards for global telecom networks. real-time T.38 FoIP protocol thus eliminating the need for specialized communications hardware. The solution is aimed at both enterprise customers and service providers alike. Thousands of Interstar products are installed in over 30 countries in companies of all sizes representing a broad range of industries including finance, healthcare, manufacturing, government agencies as well as telecommunications and IT service providers. Sagem Communication is a leader in the global fax industry with a dominant market position in the fax terminal sector, such as thermal transfer See thermal wax transfer printer and direct thermal printer. terminals, as well as in fax servers. The company markets solutions aimed at the small and medium size businesses as well as major accounts enabling the use of T.37 and T.38 compatible printing terminals. "The acquisition of Interstar technologies supports our market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" and growth strategies by allowing us to bring together the technologies required for the delivery of an end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. that merges the ease of use of our traditional document management and fax solutions with an all IP communications A general term for networks that use the IP protocol for voice (VoIP) and video traffic. See IP telephony. architecture", said Patrick Sevian, Deputy Chief Executive Officer of Sagem Communication. "This acquisition will allow us to significantly expand our activities in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and to become the number one Fax over IP technology provider in the world." A world leader For the fourth consecutive year, Interstar leads the industry with a 75% market share of real-time FoIP servers according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the latest Davidson Consulting report. This market segment is expected to grow at a rate of 10% per year through 2009. Interstar Technologies has partnered with several of the world's leading providers of VoIP technologies and network infrastructures to certify their products as interoperable with the company's T.38 based XMediusFAX(R) products. Combining Sagem Communication's and Interstar's R&D: an expanded market opportunity for the future Interstar's expertise in the design and development of FoIP servers coupled with the Sagem Communication's expertise in the development of multifunction terminals integrating fax will allow the combined entity to offer innovative and efficient solutions perfectly integrated with the IP world. About Sagem Communication Sagem Communication (SAFRAN Group) is a major global player in broadband and mobile communications markets, having secured a leading position through technology innovation. SAGEM is recognized for its products in the following industry sectors: mobile handsets, printing terminals, residential terminals, digital television, and electronic metering. For more information please visit our Website: www.sagem.com and www.safran-group.com. Le Ponant de Paris 27, rue Leblanc 75015 Paris www.sagem.com www.safran-group.com |
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