iBasis Announces OneCore Hosted Unified Communications Solution Backed by Cisco, Hewlett-Packard, Software.com and EMC.Business/Technology Editors SUPERCOMM 2000 ATLANTA--(BUSINESS WIRE)--June 5, 2000 OneCore Enables Service Providers to Quickly Deliver New Services, Generate More Revenue, Increase Customer Loyalty iBasis (Nasdaq: IBAS), the leader in advanced Internet-based communications, today announced immediate availability of OneCore(SM), a comprehensive, hosted Unified Communications The real time redirection of a voice, text or e-mail message to the device closest to the intended recipient at any given time. For example, voice calls to desk phones could be routed to the user's cellphone when required. (UC) solution for service providers. A hosted solution, OneCore enables CLECs, ASPs and ISPs to quickly and efficiently deliver new, value-added services that integrate email, voicemail, fax, real-time communications and the Web to enhance personal, group and enterprise-wide communication and productivity. OneCore puts control of communications in the hands of service subscribers - enabling them to choose when, how (phone, pager, standard PC mail client) and from whom they will receive calls and messages. OneCore also provides advanced, real-time communications capabilities, such as instant callback An authentication technique that calls the sender back. After connection is made, the receiving side breaks the connection and calls the sender to ensure that the logon was made from the authorized computer. Callback prevents a stolen ID and password from being used on a different machine. from within voicemail, call/message notification and screening and "find me/follow me Telephone services that provide advanced call forwarding. Initially developed for the circuit-switched Intelligent Network (IN), voice over IP (VoIP) also provides such services. "Find me" forwards calls either in sequence or at the same time to a list of numbers. " calling services that enhance mobile accessibility for users and increase call completion rates for providers. Market research firm Ovum projects that unified communications will represent a $5.5 billion opportunity for service providers by 2002. Ubiquitous Internet access See how to access the Internet. and the proliferation proliferation /pro·lif·er·a·tion/ (pro-lif?er-a´shun) the reproduction or multiplication of similar forms, especially of cells.prolif´erativeprolif´erous pro·lif·er·a·tion n. of mobile devices is driving demand for new solutions that can help end users manage their communications more efficiently. At the same time, increasing competition among service providers is driving demand for enhanced service Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information; capabilities that increase profit margins and customer loyalty. iBasis OneCore delivers on both counts. "With today's announcement, we are delivering truly unified, Internet standards-based communications services. OneCore goes well beyond mere message access, enabling service providers to quickly and cost-efficiently offer device independent, real-time voice and data services," said Ofer Gneezy, iBasis 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. . "With OneCore, iBasis offers an `apps on tap' approach that enables service providers to respond quickly to new market opportunities by leveraging the applications infrastructure and operational efficiencies of a comprehensive hosted solution." Powered by technology from industry leaders Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , Hewlett-Packard, Software.com and EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. , (See also today: HP, Cisco and Software.com Create First End-to-End IP-based Unified Communications Solution) iBasis OneCore leverages a scalable and extensible IP infrastructure and iBasis' expertise in IP service operations and management. In addition, OneCore is backed by the same world-class engineering and 24X7 global network management teams that have enabled iBasis to become the VoIP provider of choice for 11 of the top 12 international carriers in the US and the only IP communications A general term for networks that use the IP protocol for voice (VoIP) and video traffic. See IP telephony. provider to offer Service Level Agreements for VoIP. "Cisco, HP, and Software.com are working with iBasis to help service providers respond to the unprecedented worldwide demand for enhanced communications services," said Bill Wolfe, general manager for the Unified Communications Software Business Unit at Cisco Systems. "iBasis understands that Unified Communications is a breakthrough technology, enabling for the first time, a broad range of multimedia capabilities including voice, voicemail, email, fax and other media types that can be easily integrated with other Internet-based services. iBasis' flexible, hosted solution enables service providers to immediately pursue this significant market opportunity with minimal capital investment." OneCore Helps Service Providers Compete With A Future-proof, Extensible Platform Demand for Unified Communications services is growing rapidly. The Philips Group predicts that converged network The integration of the telephone system with IP-based data networks. See softswitch. (networking) converged network - A single network that can carry voice, video and data. solutions such as Unified Communications will triple the demand for outsourced services by 2004. And US Bancorp Piper Jaffray Piper Jaffray & Co. (NYSE: PJC), often shortened to just Piper Jaffray or PiperJaffray, is a U.S. middle-market investment banking firm based in Minneapolis, Minnesota and is a focused on delivering financial advice, investment products and transaction execution estimates that the communications Application Service Provider (ASP) market, driven by new services such as UC, will reach $7.2 billion by 2003. iBasis is the first IP-based communications service provider A Communications Service Provider or CSP is a company that transports information electronically. The term encompasses public and private companies in the wireline, wireless, Internet, cable, satellite, and managed services businesses. to address this rapidly growing market with a complete, flexible hosted UC solution for service providers. Backed by world-class IP communications and network operations teams, iBasis OneCore is integrated with the iBasis Network(TM), recognized for its proven ability to service the world's largest carriers. Driven by a fiercely competitive environment fueled by deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. and the increasing commoditization Commoditization 1. A situation when illiquid financial contracts are changed or modified in a way that promotes trading and results in a more liquid market. 2. Making a product into a commodity. Notes: 1. of basic communications services, both next-generation service providers and incumbent carriers alike are aggressively seeking new, higher growth, higher margin revenue sources to expand market share. OneCore offers a competitive edge to service providers, enabling them to deliver new, feature-rich services that strengthen customer loyalty and enhance subscriber productivity and responsiveness. Unlike unified messaging Having access to e-mail, voice mail and faxes via a common computer application or by telephone. For example, unified messaging may send faxes and digitized voice mail to a mail server that turns them into e-mail attachments. solutions to date, OneCore uses an open, highly scalable and extensible platform that surpasses traditional store-and-forward messaging to deliver integrated, real-time inbound and outbound communications capabilities - independent of location or device. By delivering advanced, intelligent call management services such as message notification and directory dialing services, OneCore helps service providers quickly deploy a broad range of robust, Internet-centric voice applications. Backed by iBasis Expertise in IP Communications OneCore delivers Unified Communications services as a comprehensive, flexible, hosted solution. OneCore hosted solutions enable service providers to leverage iBasis' unmatched IP communications infrastructure and expertise, including: -- An established, global VoIP footprint that offers efficient, worldwide reach -- A 24X7 Network Operations Center See NOC. Network Operations Center - (NOC) A location from which the operation of a network or internet is monitored. Additionally, this center usually serves as a clearinghouse for connectivity problems and efforts to resolve those problems. (NOC (Network Operations Center) A central or regional location for monitoring a large network. Also called a "network management center" (NMC), "service management center" (SMC) or "network control center" (NCC), a NOC may be used to manage a large enterprise network, ) -- iBasis' proprietary Assured Quality Routing(TM) (AQR AQR Association for Qualitative Research (UK) AQR Airline Quality Rating AQR Anàlisi Quantitativa Regional AQR Assured Quality Routing (iBasis) AQR Applied Quantitative Research ) technology for carrier-grade performance; -- Sophisticated network management, service personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. , IP billing and mediation, and operational support systems to ensure high service availability and redundancy -- Global teams of highly experienced IP architects and application development, NOC, database, storage and traffic engineers; iBasis Unified Service Manager Simplifies Deployment, Management, Customer Care Developed by iBasis and delivered to its service provider customers as part of the complete OneCore solution, the Unified Service Manager(SM) is an XML-based application that simplifies service deployment, subscriber provisioning and personalization, and ongoing service management, including IP billing and mediation. The Unified Service Manager shields providers from the complexities of back-end service integration and management and provides access to the OneCore Knowledge Base, a repository of service data and call detail records that offers business intelligence on customer usage patterns. The Unified Service Manager also offers providers a customizable, brandable interface through which its subscribers can personalize elements of the OneCore solution, including preferences and parameters for message notification and single number reach. "As the Internet and mobile communications drive consumer demand for enhanced IP-based services, hosted unified communications solutions, such as OneCore, will help providers deliver these new services quickly and reliably," said Mark Winther, group vice president, Worldwide Telecommunications, International Data Corporation. "Service providers who outsource the infrastructure and ongoing management complexities of unified communications to experienced global IP-based communications service providers like iBasis will be first to market and be able to more efficiently manage growth and ensure the quality of these new services." OneCore Integrates Technology from Industry Leaders Available to service providers immediately, iBasis' OneCore operates on key hardware and software from HP, Cisco Systems and Software.com as well as world-class enterprise storage capabilities from EMC - all seamlessly integrated and tested to ensure carrier-grade performance, scalability and reliability. Included in OneCore are: -- Hewlett-Packard carrier-grade servers -- Cisco's uOne software and networking infrastructure; -- Software.com's InterMail platform and, -- EMC's robust enterprise storage systems iBasis OneCore features include: -- Message Management: Full-featured voice messaging Using voice mail as an alternative to electronic mail, in which voice messages are intentionally recorded, not because the recipient was not available. , PC and telephone access, Web-based system and user administration, inbound fax, fax redirect/outbound fax, text-to-speech (fax headers, email) -- Notification Services: Subscriber notification indicates new incoming messages -- Single Number Reach: Personalizable "find-me, follow-me" services -- Call Screening: Caller name identification capability -- Instant Callback: Automatic inbound number capture and single-button call return from within voicemail About iBasis Founded in 1996, iBasis (Nasdaq: IBAS) is the leader in advanced Internet-based communications. iBasis has built the world's first global IP network that delivers toll quality voice and fax service and other advanced hosted communications solutions, including OneCore Unified Communications, to global tier one carriers and other service providers. The iBasis Network(TM) is the world's largest international Cisco Powered Network for Internet Telephony Another term for IP telephony and VoIP. In the late 1990s, some people made a distinction between Internet Telephony and VoIP: Internet telephony referred to voice over the public Internet, while VoIP referred to voice over private IP networks. . More than 70 international carriers are iBasis customers, including 11 of the top 12 US international carriers. The company can be reached at its worldwide headquarters in Burlington, Mass., USA at 781-505-7500 or on the Internet at www.ibasis.net. iBasis has a long-standing strategic relationship with Cisco, as an alliance partner, an ecosystem partner, and one of only 21 Cisco service provider global accounts. Except for historical information, all of the expectations, projections and assumptions contained in the foregoing press release constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 and involve risks and uncertainties. Important factors that could cause actual results to differ materially from such forward-looking statements include, but are not limited to, the considerations described as "Risk Factors" in iBasis' prospectus dated March 9, 2000, and iBasis' other SEC filings. iBasis, The iBasis Network, Assured Quality Routing and OneCore are registered trademarks and Unified Service Manager is a registered service mark of iBasis, Inc. Cisco and Cisco Powered Network are registered trademarks of Cisco Systems, Inc. |
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