Trendium and Efficient Networks Announce Global Alliance.Business Editors/High Tech Writers DALLAS & SUNRISE, Fla.--(BUSINESS WIRE)--Aug. 12, 2002 Efficient Networks, Inc. to Resell Trendium's Award-Winning Service Intelligence and Performance Management Solutions Trendium, Inc., the leading developer of service intelligence software solutions, announced today that it has entered into an agreement with Efficient Networks, Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Siemens Corp., whereby Efficient Networks will resell and support Trendium's ServicePATH(TM) and PerforMAX(TM) products on a global basis. The agreement will add real time, multi-technology service and performance management to Efficient Networks' suite of advanced provisioning, network management and software solutions. The combination allows carriers to configure and manage services, collect infrastructure fault and performance data, manage customer Service Level Agreements and correlate business process metrics - all in real-time. "Trendium is extending service management by defining the service intelligence market," said Paul Arceneaux, Vice President and General Manager, Service Management Business Unit at Efficient Networks. "ServicePATH(TM) and the Siemens Network Management System (SNMS SNMS Secondary Neutral Mass Spectrometry SNMS Subnetwork Management System (Lucent) SNMS Simple Network Management System SNMS Servo-Null Micropipette System SNMS SONET Network Management System (Hekimian) ) solution combine end-to-end service assurance data, enabling intelligent operations management Operations management is an area of business that is concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. and visibility into the overall performance of services from a single screen. We are pleased to be working with Trendium to deliver these significant business and operational benefits to our current and prospective advanced provisioning and network management customers." "The Efficient Networks suite of products leads the broadband provisioning market," said Andy Aiello, EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition of Business Operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets at Trendium. "The combination of Efficient Networks' advanced provisioning and network management solutions and Trendium ServicePATH(TM) will form the foundation of the evolving Service Operations Center The facility or location on an installation, base, or facility used by the commander to command, control, and coordinate all crisis activities. See also base defense operations center; command center. , empowering our customers to overcome the challenges of today's market and prepare for future growth. Not only is this new relationship strategic for both companies, but it creates strategic differentiation for our customers." Trendium's ServicePATH(TM) software helps service providers evolve network and customer operations toward a Service Operations Center (SOC), integrating front and back office applications. A SOC synthesizes service and customer information from disparate data sources, enabling service providers to better meet customer expectations, optimize infrastructure utilization, reduce operational costs and offer value-added services that generate substantial new revenues. About Efficient Networks Efficient Networks, Inc., a wholly-owned subsidiary of Siemens Corp., is a leading global provider of broadband Internet access Broadband Internet access, often shortened to just "broadband", is high speed Internet access—typically contrasted with dial-up access over modem. Dial-up modems are generally only capable of a maximum bitrate of 56 kbit/s (kilobits per second) and require the full use of a products that employ digital subscriber line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ) and T1 technology and provider of comprehensive broadband solutions. The company's voice and data access solutions enable high-performance network services for both small to mid-sized businesses and consumers. As part of its complete broadband solution, Efficient Networks also provides network management systems that extend from the core of carriers' networks to the subscribers' desktops. Efficient Networks works closely with network equipment vendors, incumbent and competitive carriers, and Internet service providers 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. around the world. The company's goal is to accelerate the adoption of broadband networks You can assist by [ editing it] now. and services. Efficient Networks is based in Dallas, Texas. For more information, visit http://www.efficient.com. About Siemens Siemens Information and Communication Networks Inc. (ICN ICN International Council of Nurses. ) is a leading provider of integrated voice and data networks and solutions for enterprises, carriers and service providers. Based in Boca Raton, Fla., Siemens ICN's subsidiaries include Siemens Carrier Networks LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and Siemens Enterprise Networks LLC. For more information: http://www.icn.siemens.com. Siemens AG (NYSE NYSE See: New York Stock Exchange :SI), headquartered in Munich, is a leading global electronics and engineering company. It employs some 450,000 people in 193 countries, and reported worldwide sales of more than $74 billion in fiscal 2001 (10/1/00 - 9/30/01). The United States is Siemens' largest market, with nearly 80,000 employees and sales of $18.9 billion for fiscal 2001. For more information about Siemens in the U.S., go to http://www.usa.siemens.com. About Trendium Winner of the "Best New OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. Product - 2002" and "InfoVision 2001" awards, Trendium, Inc. is a software company that provides service intelligence solutions and performance management software for communications service providers and enterprises. Trendium's ServicePATH(TM) software enables service providers to optimize service performance, manage services and SLAs and assure service quality in real time over virtually any infrastructure--networks, operations systems, applications and business processes. With service intelligence, service providers can create new revenue streams, identify unused service capacity and rapidly prototype and deliver high-margin assured-quality services. Trendium's PerforMAX(TM) software enables enterprises and service providers to monitor, manage and accurately report on infrastructure performance in real-time. For more information, visit http://www.trendium.com Forward Looking Statements: This release contains forward-looking statements based on beliefs of Efficient Networks' management. The words "anticipate," "believe," "estimate," "forecast," "expect," "intend," "plan," "should," and "project" are used to identify forward-looking statements. Such statements reflect the company's current views with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results to be materially different, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Actual results may vary materially from those projected here. Efficient Networks does not intend or assume any obligation to update these forward-looking statements. |
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