Versant Object Technology Announces Founding Membership In The Intelligent Network Forum; Support For Technical Initiatives Further Evidence of Versant's Leadership In Telecommunications Industry.MENLO PARK Menlo Park.1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif.--(BUSINESS WIRE)--Oct. 16, 1996--Versant Object Technology (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : VSNT) today announced that it has joined the newly organized Intelligent Network (IN) Forum as a founding member. The IN Forum is an open, non-profit communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. consortium comprised of service providers, equipment vendors, software developers, systems integrators, research and engineering organizations, end users and other interested parties. In addition to Versant, IN Forum member companies include AG Communication Systems, Ameritech, Andersen Consulting See Accenture. , AT&T, Bellcore, GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) , Hewlett- Packard, Lucent Technologies, Motorola, Tandem Computers, and Texas Instruments. According to Barry Wetmore, director of telecommunications at Versant, "Developers of Advanced Intelligent Network (AIN) services are recognizing the need for increased levels of standardization, particularly as it involves interoperability across heterogeneous service creation and management platforms. The IN Forum has identified some key areas for increased technical collaboration and Versant looks forward to participating so that software engineers can accelerate the development and deployment of intelligent network services worldwide." The IN Forum's mission is to promote the continued growth and acceptance of Intelligent Networks by providing an international forum to address interoperability and management issues related to the implementation of IN technology and applications. The IN Forum and its members will promote and influence international standards; develop and publish IN implementation agreements; encourage interoperability; facilitate application development; identify requirements common to the advancement of IN technology; and provide IN information and educational material. "Broad industry support and cooperation from leading companies like Versant is essential to the continued growth and development of IN technology and services worldwide," said Mona Johnson, interim IN Forum chairperson. "By working together, we can create open IN solutions that offer service providers choice and flexibility that make them more competitive. This will ultimately provide consumers with timely, innovative and cost-effective solutions and services." Versant has long been an active member of key telecom industry consortiums like the Network Management Forum and the CATV (Community Antenna TV) The original name for cable TV. It used a single antenna at the highest location in the community in order to deliver a quality signal to homes in areas with hilly terrain or other interference. industry's CableLabs. By complying with key specifications, Versant's ODBMS (Object DataBase Management System) See object database. will meet the technical requirements of those developing next-generation IN applications. About Versant Object Technology Versant Object Technology (NASDAQ: VSNT) is a leading provider of object database management systems for commercial applications in distributed computing environments. Versant develops and markets the Versant ODBMS as well as related products and services, including Web products for managing, vending and distributing Web pages, business objects and applets; the Versant Fault Tolerant Server; programming language interfaces to C++, Smalltalk, and Java; SQL-based legacy data integration, and a family of customer support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . Versant has proven deployments across a range of telecommunications applications as well as in other vertical markets such as financial services, health care, energy and in the emerging market for transactional Internet applications. Versant customers include Alcatel Network Systems, AT&T, EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , HNC (HNC Software Inc., San Diego, CA) A software company that specialized in products that detect credit card fraud, manage merchant risk, automate lending decisions and home valuations and manage retail inventories. Founded in 1986 by Robert Hecht-Nielsen and Todd W. Software, Sabre Decision Technologies, Scotiabank, Siemens Medical Systems, Texaco and TRW TRW The Real World (TV reality show) TRW The Right Way TRW Tactical Reconnaissance Wing TRW The Retriever Weekly (University of Maryland, Baltimore, MD) TRW Thompson Ramo Wooldridge Inc . Additional information about Versant and its products may be obtained via the World Wide Web at www.versant.com. -0- Note to Editors: Versant, Versant ODBMS, and Versant Fault Tolerant Server are trademarks of Versant Object Technology Corporation. All other company names and product names are trademarks of the individual companies. CONTACT: Versant Object Technology Barry Wetmore, 415/329-7538 or The Horn Group, Inc. Shannon Hall, 415/579-6437 or IN Forum Cathy Horn, 903/769-3717 |
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