Vertel Blazes Trail to Intelligent Network Management; Global TMN Summit Reinforces Industry Vision and Solutions for Interoperability.WOODLAND HILLS, Calif.--(BUSINESS WIRE)--March 9, 1999--Telecom industry leaders attending the 1999 Global TMN (Telecommunications Management Network) A set of international standards for network management from the ITU. It is used by large carriers such as Sprint, Verizon and AT&T. Summit came away from the conference agreeing that continued development of automation and integration solutions for operations support systems Operations Support Systems (also called Operational Support Systems or OSS) are computer systems used by telecommunications service providers. The term OSS most frequently describes "network systems" dealing with the telecom network itself, supporting processes such (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. ) is essential for the successful deployment of new services in the telecommunications market. They also concluded that TMN architectures, principles and products are critical to the deployment of carrier-grade IP telecommunications infrastructures and evolving services. The role of Vertel as an industry leader in TMN solutions was evident by the frequent customer references to their successful TMN-based OSS deployments. These messages, along with supporting data from numerous industry presentations, provided the core content for the three-day Summit, held Feb. 24-26 in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , which focused on "Intelligent Network Management." "Intelligent Management was a timely and relevant theme for this year's Summit," said Bruce Brown, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Vertel Corp. (Nasdaq:VRTL), the principal host of the event. "Telecom service providers and network operators are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. solutions that provide faster time to market of new services and lower operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. . "The Summit provided access to the vision, perspective and experience that will help accelerate the industry's ability to meet these objectives." 1999 Summit Attendance Reflects the New Landscape of Telecom Network Management This year's Summit attendees represent a significant cross section of industry leaders, including interexchange and local carriers; network operators; telecom equipment manufacturers; independent software vendors; management solutions providers; applications development tools providers; industry and financial analysts; and government. Total attendance, representing 23 countries, was nearly 500. "The strong mix of industry sectors represented in this year's attendees is proof that these issues are of foremost importance," Brown added. Evidence that the market believes TMN plays a role in managing public IP telecommunications was noted in the number of IP telecommunications management presentations and the very strong presence of convergent carriers and equipment manufacturers attending the Summit. Companies like Sprint ION, Cisco, Bay Networks, Advanced Fibre Communications, Pairgain Technologies, Williams Communications and the IP division of Northern Telecom were well represented. There were also representatives from Level 3, ICG ICG indocyanine green. and X-CEL Communications. Suppliers of multiservice access switching devices, which play a significant role in convergent, high-speed services and Internet deployment, were also present at the conference. Summit Keynotes Share Vision of Emerging IP Telecom Market Highlighting the three-day conference were keynote addresses from noted leaders in OSS development and implementation. Keynote topics included convergence network management, interoperability of multi-vendor TMN products, next-generation access technology, OSS trends and trends in the access market. Featured speakers included Bruce Brown, CEO of Vertel Corp.; Michael Goettles, Sprint ION; Prof. Luoming Meng, Chinese Ministry of Information Industry and China Telecom; Josie Goodale, Atlantech; Eric Buatois, Hewlett-Packard; Rob Rich, Yankee Group (the Yankee Group, Boston, MA, www.yankeegroup.com) A major market research, analysis and consulting firm founded in 1970 by Howard Anderson. It provides general consulting and strategic planning in the computer and communications field. ; Bob Ferry Robert Dean Ferry (born May 31, 1937 in St. Louis, Missouri) is a retired American basketball player and executive. A 6'8" center from Saint Louis University, Ferry was selected by the St. Louis Hawks with the seventh pick of the 1959 NBA Draft. , Pathnet; Dan Vermiere, Architel Systems Corp.; Alan Mitchell, Microsoft; Mark Mortensen, Lucent Technologies; and Mike Cristinziano, Gerard, Klauer & Matthison. Vertel Solutions Make Strong Showing Among Summit Presenters A number of industry presenters made specific mention of how Vertel solutions play a key role in the rapid, cost-effective deployment of element and network management. Pathnet spoke about the significant cost savings of its Vertel MDE-based element management system deployment The deployment of a mechanical device, electrical system, computer program, etc., is its assembly or transformation from a packaged form to an operational working state. Deployment implies moving a product from a temporary or development state to a permanent or desired state. using Windows NT Server. Architel described using Vertel products on NT for its service activation software. China Telecom described how Vertel solutions are a key component of its access network architecture and indicated Vertel products are also being deployed by other Chinese service providers such as Zhongxim Telecom, Datang Telecom and Huineng Telecom. Deutsche Telecom indicated that its Integrated Information models utilized Vertel's TMN products to assist in rapid prototyping. "In addition to the honor of hosting the Summit, it's pleasing to see Vertel solutions being recognized publicly for their strong role in the build-out of these new networks," Brown observed. Vertel has turned over the ownership and responsibility of the Global TMN Summit to the International Engineering Consortium (IEC (International Electrotechnical Commission, Geneva, Switzerland, www.iec.ch) An organization that sets international electrical and electronics standards founded in 1906. It is made up of national committees from over 60 countries. IEC - International Electrotechnical Commission ), a leading provider of conferences, forums and symposia for the communications industry. The IEC will take on the program development, event marketing and management of the Global TMN Summit for the year 2000 and beyond. Vertel will continue to be the primary sponsor for the Summit and will play a key role in developing themes and topics for future conferences. The Global TMN Summit 2000 is scheduled for March 6-8, 2000, at the Fountainbleau Hilton Hotel, Miami Beach, Florida “Miami Beach” redirects here. For the beach in Barbados, see Miami Beach, Barbados.
About Vertel Vertel develops and markets software for the management and operations of telecommunications networks. The company provides advanced telecommunications management network The Telecommunications Management Network is a protocol model defined by ITU-T for managing open systems in a communications network. It is part of the ITU-T Recommendation series M.3000 and is based on the OSI management specifications in ITU-T Recommendation series X.700. solutions (TMN) including communications infrastructure products, network management platforms and applications software for telecommunication carrier networks worldwide. In addition, Vertel serves telecommunications equipment manufacturers, computer systems OEMs and Internet access providers. The company is based in Woodland Hills, and has sales offices throughout the world. Contact Vertel on the World Wide Web at http://www.vertel.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statements under 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: Except for the historical information presented, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties, including timely development, introduction and success of new and enhanced products in existing and new markets, the acceptance of new technologies, the impact of competitive products, pricing, currency exchange risks, governmental and regulatory developments affecting international economic trends, Vertel and its customers; the ability to identify, conclude, and integrate acquisitions on a timely basis; the ability to retain and attract key personnel; and other risks detailed from time to time in public disclosure filings with the U.S. Securities and Exchange Commission (SEC) by Vertel. Note to Editors: Vertel is a registered trademark of Vertel. All other trademarks are the property of their respective owners. |
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