Verso to Provide Hybrid Access Solution to Hainan Mobile.Business Editors/High-Tech Writers ATLANTA--(BUSINESS WIRE)--Nov. 4, 2003 Verso's Clarent(R) Edge Access Softswitch Solution to Be Used to Connect Landline-Based Enterprise Customers to Wireless Network Verso ver·so n. pl. ver·sos 1. A left-hand page of a book or the reverse side of a leaf, as opposed to the recto. 2. The back of a coin or medal. Technologies, Inc. (Nasdaq:VRSO), an integrated communications solutions company, announced today that it has signed an agreement to provide its Clarent(R) Edge Access Softswitch Solution to Hainan Mobile, 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 China Mobile Communications Co. (CMCC CMCC Canadian Memorial Chiropractic College (Ontario, Canada) CMCC Canadian Music Creators Coalition CMCC China Mobile Communications Corporation CMCC Convención Marco Sobre el Cambio Climático (Spanish) ). The Clarent Class 5 Call Manager (C5CM), part of Verso's Clarent Edge Access Softswitch Solution, will be used in a pilot program to enable Hainan's landline-based enterprise customers to connect to the existing backbone of their wireless network, increasing the network's ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). . The C5CM enables service providers to support enterprise managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality for voice and data convergence and, also increasingly in demand, Voice over Broadband (VOBB VOBB Voice Over Broadband VOBB Verot Oaks Building Blocks (Lafayette, Louisiana) ) services for residential and small office/home office See SOHO. customers. "We are very pleased to announce this contract with Hainan Mobile. Hainan Mobile and CMCC came to Verso seeking a solution that would enable landline customers to connect to CMCC's existing network for trunking, while taking advantage of the explosion of broadband in China to support the last mile. Our Edge Access solution will enable CMCC to create what is essentially a hybrid carrier in that it is a wireless carrier serving both wireless and landline customers with a wide range of call services using VoBB. We see this as critical step in expanding both VOBB and other calling services throughout China," said Steve Odom Steve Odom (born September 5, 1952 in Oakland, California) is a former American football wide receiver and kick returner in the NFL who played for the Green Bay Packers (1974-1979) and New York Giants (1979). He went to the Pro Bowl after the 1975 season. , Verso's chairman and chief executive officer. "China has historically been a very strong market for our Clarent products," said Ben Cowart, vice president and general manager of Asian operations. "Between 1999 and 2002 CMCC installed more than 50,000 Clarent ports to support inter-regional trunking over CMCC's wireless network, currently used by more than 500,000 wireless customers. CMCC is the largest mobile service provider in China with more than 125 million customers, representing more than half of China's wireless subscribers," he added. "We sought an improved return on the investment in the backbone of our wireless network," said Li Zhi For the Tang Dynasty emperor, see Emperor Gaozong of Tang. For the Chinese dissident, see Li Zhi (dissident). For the actress, see Nina Li Chi. Li Zhi (Traditional Chinese: 李贄 , Director of Computer Center for Hainan Mobile. "Verso's unique solution and integrated delivery enabled us to make our assets much more efficient while allowing us to significantly increase our customer base. The versatile C5CM platform will ensure that we play an important role in the growth of China's leading-edge VoIP industry." According to the China Daily News, investment in China's broadband market is projected to rise by 67% over 2002 to 4.5 billion yuan (US $542.1 million) in 2003. Further, broadband subscription in China is forecasted to reach nearly 21 million by 2005, or double the forecast for EOY EOY Entrepreneur of the Year EOY End-Of-Year EOY Every Other Year (timeshare) EOY Entertainer Of the Year EOY Eyes-On-You 2003. In addition to enabling enterprise managed services, Verso's Clarent Edge Access Softswitch Solution is designed to deliver VoIP over almost any broadband medium. It has been used successfully in 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 , cable, wireless local loop, microwave, satellite, fiber to the home and power line network applications. About Verso Technologies Verso is a leading provider of next generation communication solutions for carriers and enterprises who want to lower their communication infrastructure costs and enhance service capabilities without sacrificing reliability, scalability and quality of service. With an extensive solutions portfolio that extends from the core to the edge of a network, Verso enables customers to leverage legacy technology investments towards converged networks that are faster and more cost-effective to deploy and easier and more flexible to manage. Verso solutions are currently deployed in thousands of customer networks in more than 130 countries all around the world. For more information, contact the company at www.verso.com or call 678-589-3500. |
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