Vertel and Hughes Software Systems Team to Deliver Solutions to the Access Market.WOODLAND HILLS, Calif.--(BUSINESS WIRE)--June 4, 1998--Jointly Developed V5 Configuration Management Application Will Be Demonstrated at Supercomm '98, Booth Nos. 861 and 6729 Vertel Corp. (Nasdaq:VRTL), a leading supplier of 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. (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. ) platforms and development environments, and Hughes Software Systems Hughes Software Systems Limited (HSS), previously known as Flextronics Software Systems Limited (FSS) now known as Aricent was incorporated in India on December 30, 1991 with Hughes Network Systems (HNS), a unit of Hughes Electronics Corporation (HUGHES), USA as its principal Ltd. (HSS HSS Humanities and Social Sciences HSS High Speed Steel HSS Home Subscriber Server (3GPP) HSS Hospital for Special Surgery (New York, NY, USA) HSS Hospital for Special Surgery HSS History of Science Society ), a subsidiary of Hughes Network Systems Hughes Network Systems, LLC (HNS), is a provider of broadband satellite network products for businesses and consumers. HNS pioneered the development of high-speed satellite Internet access services and IP-based networks with its original DirecPC service but which it now markets , Thursday announced their intention to jointly develop, market and sell a suite of integrated signaling management systems for the exploding access market. Vertel and HSS have signed a memorandum of understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. (MOU (Minutes Of Usage) A metric used to compute billing and/or statistics for telephone calls or other network use. ) that defines the scope and intent of their business alliance. The initial effort will be to create an integrated solution that facilitates the deployment of V5 Q3-based access and switching products and the deployment of element management applications for fault, configuration, accounting, performance and security (FCAPS FCAPS Fault, Configuration, Accounting, Performance, Security management areas FCAPS Fault Configuration Accounting Performance and Security ) and test and traffic measurement applications. The solution is based on standard products and will offer professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. from both companies. V5 is the standard signaling interface for local exchange and access network interconnections. The V5 interface has become a critical market requirement, due to the rapid growth of telecommunications networks and the wide proliferation of various access technologies. "The access market is one of the hottest segments in communications equipment," said Rob Rich, senior vice president of Telecommunications Research at the 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. . Fueled by increased competition and new broadband technologies, the access equipment market accounted for almost $10 billion in revenue in the U.S. alone and is growing at about 15 percent per year. This is certainly a segment that can benefit from Vertel's TMN experience and HSS' solutions capabilities." This partnership will serve both companies' strategic objective to deliver complete solutions to telecom equipment manufacturers, network operators and service providers that enable them to quickly and cost effectively integrate and manage new technologies being introduced globally into public networks. "HSS is dedicated to delivering high-value solutions that enable our telecom customers to strengthen their competitive position," said Arun Kumar, president of Hughes Software Systems. Partnering with Vertel, the market leader in TMN solutions, to reduce the complexity and lower the cost of introducing new technologies and new services strengthens our value proposition and expands our ability to serve the global market." The move to address the access market represents a step toward implementation of a vertical market strategy for Vertel. The three focus areas are access, broadband and OSS-to-OSS interconnect. Vertel is packaging products and services and forming additional partnerships with market leaders, such as HSS, to deliver solutions to these vertical markets. Vertel will announce additional plans for the access market next week at Supercomm '98 in Atlanta. "The partnership we are forming with HSS is an important element in our strategy to bring TMN-based telecom management solutions to the global access market. HSS has industry leading products and a solutions delivery track record, deploying mission critical systems for telecom equipment manufacturers and carriers worldwide," said Bruce Brown, president and chief executive officer of Vertel. HSS' project management and product engineering expertise, and their global presence, complement Vertel's experience in TMN management solutions, partnerships with industry leaders such as HP and Microsoft, our TMN installed base and our distribution partners in the rapidly growing international market." Vertel and HSS will demonstrate a Q3 Element Management System at Supercomm '98 in Atlanta that will show the ability to configure a V5 signaling interface between the local exchange and the access equipment. The demonstration will be conducted in both the Vertel (No. 861) and HSS (No. 6729) booths. Hughes Software Systems Ltd. Hughes Software Systems Ltd. specializes in the development of software solutions, products and services for data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. , telecommunications and Internet applications. HSS' products and services for the advanced telecommunications market include Advanced Intelligent Networks (AIN Ain, in the Bible Ain (ā`ĭn), in the Bible. 1 Town, N ancient Palestine. 2 See En-rimmon. Ain, department, France Ain (ăN), department (1990 pop. ), Telecom Protocol Stacks (V5.2, VB5, SS7, INAP (Intelligent Network Application Part) An IN (Intelligent Network) protocol used in a European SS7 network to query databases for a variety of functions not related to call setup and tear down. INAP uses the ASN.1 standard for defining message content. See SS7 and ASN.1. ) and Mediation Device Systems. For more information, visit the HSS Web site at http://www.hssworld.com. Vertel Corp. Vertel develops and markets software for the management and operations of telecommunications networks. The company provides advanced telecommunications management network (TMN) solutions 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 See ISP. (networking, company) Internet Access Provider - (IAP) A company or other origanisation which provides access to the Internet to businesses and/or consumers. . The Company is based in Woodland Hills, Calif. and has sales offices throughout the world. Contact Vertel on the World Wide Web at http://www.vertel.com. "Safe-harbor" 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 including Vertel, HSS and their partners, and other risks detailed from time to time in public disclosure filings with the U.S. Securities and Exchange Commission (SEC) by Vertel. -0- NOTE TO EDITORS: Vertel is a registered trademark of Vertel. All other trademarks are the property of their respective owners. CONTACT: Vertel Corp., Woodland Hills Vicki Vaughn, 818/227-1456 vicki-vaughn@vertel.com or Hughes Network Systems, Germantown, Md. Gail Armstrong, 301/601-4185 garmstrong@hns.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion