Teleglobe Expands Capability to Provide Global Wireless Roaming Services.Business Editors/Hi-Tech Writers RESTON, Va. & ROCHESTER, N.Y.--Sept. 5, 2001-- Exclusive Platform Developed in Conjunction With Performance Technologies To meet the burgeoning growth of the global wireless communications marketplace, Teleglobe (NYSE NYSE See: New York Stock Exchange , TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BCE BCE abbr. 1. Bachelor of Chemical Engineering 2. Bachelor of Civil Engineering BCE Abbreviation for before the Common Era. ), the e-World Communications Company, today announced the availability of an advanced global roaming platform. Teleglobe developed the platform in conjunction with Performance Technologies (Nasdaq:PTIX), a leading provider of packet-based networking products, to provide additional global roaming capacity between wireless networks in North America and the rest of the world. Teleglobe and Performance Technologies developed the expanded and innovative platform through an exclusive alliance providing wireless operators with a high quality roaming product. The Teleglobe service translates different numbering plans and performs the signal conversion between Common Channel Signaling
Teleglobe operates and controls the signaling conversion platform, which is interconnected with the majority of the worldwide Global System for Mobile Communications (communications) Global System for Mobile Communications - (GSM, originally "Groupe de travail Sp?ciale pour les services Mobiles") One of the major standards for digital cellular communications, in use in over 60 countries and serving over one billion subscribers. (GSM)-based wireless operators. Performance Technologies and Teleglobe will share in service revenues and will continue to collaborate on the development of future new services for wireless users. "Teleglobe is the world's leading provider of global signal translation used for global roaming," said Serge Fortin, executive vice president of voice services at Teleglobe. "We already serve more than 240 wireless operators worldwide who use various technologies, numbering plans and signaling standards. Our enhanced Global Roaming Service provides additional capacity to handle the rapid growth in wireless while providing wireless operators the ability to offer their end users the option of roaming to and from North America." A recent Yankee Group report notes there were 625 million wireless subscribers worldwide in 2000. By 2006, global penetration of wireless subscribers is forecast to more than double to approximately 1.3 billion. Global roaming is an important feature that greatly enhances the value of wireless communication for international business. "The international wireless market has exploded over the last four years," said Reg Cable, general manager of signaling systems for Performance Technologies. "The technology solution we are developing with Teleglobe will enable both companies to take advantage of the significant revenue opportunities available in this marketplace. We are excited about the prospects of working closely with the industry leader in this area and look forward to developing other opportunities that may result from this relationship." Teleglobe, in partnership with Swisscom of Switzerland, pioneered the design at the core of the International Roaming Signaling Converter (IRSC IRSC Internet Resources for Special Children IRSC Indian River State College (Fort Pierce, FL) IRSC Irish Republican Socialist Committees ) applications, which enables global wireless roaming. Performance Technologies developed the application software on its MicroLegend(R) signaling gateway platform and installed the product in Teleglobe's facilities. Teleglobe first offered commercial service in September 1997. Teleglobe is continuing to develop new, and enhance existing technologies focused on increasing the suite of wireless services offerings as the company moves toward 3rd generation (3G). One offering under development will capitalize on Teleglobe's recently announced multi-protocol label switching (MPLS (1) (MultiProtocol Lambda Switching) The earlier name for GMPLS. See GMPLS. (2) (MultiProtocol Label Switching) A standard from the IETF for including routing information in the packets of an IP network. ) IP infrastructure to provide the necessary reach, functionality, and security to meet the expanding needs of General Packet Radio Service (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. ) providers. About Performance Technologies Performance Technologies is a leading supplier of packet-based telecommunications and networking products for wireline, wireless and next-generation Internet Protocol networks. The company provides enabling carrier-grade technology solutions, including network access products, Ethernet switching products and SS7/IP solutions to network operators, equipment manufacturers and systems integrators worldwide. Performance Technologies is headquartered in Rochester, New York This article is about the city of Rochester in Monroe County. For the town in Ulster County, see Rochester, Ulster County, New York. Rochester, once known as The Flour City, and more recently as The Flower City or . Additional engineering facilities are located in Raleigh, North Carolina For other uses of this name, see Raleigh. Raleigh (IPA: /ˈrɑli/, ral-ee) is the capital of the State of North Carolina and the county seat of Wake County. ; San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. ; and Ottawa, Canada. For more information about Performance Technologies, visit www.pt.com. About Teleglobe Teleglobe, a leading provider of global communications and Internet services, enables its customers to maximize the potential of the Internet through its delivery of hosting services, content distribution and global connectivity. With a maximum lit capacity of 10 Million+Gbps-miles, 57 major POPs and approximately 300,000 square feet of hosting facilities (year-end 2001), Teleglobe is one of the world's largest international Internet backbones serving a broad base of enterprise, Internet content provider See content provider. (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. ), Internet service provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ) and carrier customers. Teleglobe is expanding its network with its GlobeSystem initiative, a multi-billion dollar IP network and hosting deployment that will increase current capacity 200 fold and provide a robust platform for a portfolio of Internet and data services. For more information, visit www.teleglobe.com Forward Looking Statements 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 provides a "safe harbor" for certain forward-looking statements. This press release contains forward-looking statements which reflect the Companies' current views with respect to future events and financial performance, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor provisions of those Sections. These forward-looking statements are subject to certain risks and uncertainties and the Companies' actual results could differ materially from those discussed in the forward-looking statements. With respect to Performance Technologies, these risks and uncertainties include, among other factors, general business and economic conditions, rapid or unexpected changes in technologies, cancellation or delay of customer orders including those relating to design wins, changes in the product or customer mix of sales, delays in new product development, customer acceptance of new products and customer delays in qualification of products. These statements should be read in conjunction with the audited Consolidated Financial Statements Consolidated Financial Statements The combined financial statements of a parent company and its subsidiaries. Notes: Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge , the Notes thereto, and Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Condition and Results of Operations of the Companies as of December 31, 2000, as reported in its Annual Report on Form 10-K and other documents as filed with the Securities and Exchange Commission. With respect to Teleglobe, these risks and uncertainties include, among other factors, competitive developments, risks associated with Teleglobe's growth, the development of the Internet market, regulatory risks and other factors that are discussed in Teleglobe's Annual Information Form and other documents periodically filed with the Securities and Exchange Commission. Note to Editors: Brand or product names are registered trademarks or trademarks of their respective holders. |
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