Science & Technology
Science and Technology
Science and Technology
Thu, January 29, 2009 Veraz Networks Expands Distribution Channel in Russia through Partnership Program for System Integrators
SAN JOSE, Calif.--([ BUSINESS WIRE ])--[ Veraz Networks, Inc. ], (NASDAQ:VRAZ), the leading provider of [ Multimedia Generation Network ] application, control, and bandwidth optimization products, today announced a partnership program for system integrators in Russia and the former CIS countries. Veraz Russia officially launched its System Integrator Partnership Program on January 28 with a seminar at the Holiday Inn Sokolniki Hotel Russia.
The event gathered more than 60 leading Russian systems integrators (SIs) active in providing NGN, IMS and bandwidth optimization solutions for the Russian telecom market, the largest telecom market in Europe with over 43 million landlines and 170 million wireless subscribers. Veraz's strong installed base of existing customers in Russia includes Equant, Vimpelcom, MTT, Rostelecom and Golden Telecom.
Veraz has been successfully working in Russia in strategic cooperation with ECI Telecom, and intends to extend company activity by establishing new business partnerships with leading Russian SIs. Veraz NGN and bandwidth optimization solutions allow operators to generate new revenue and cut operational and ownership costs, especially important during a challenging time of global financial crisis. System integrators and service providers working with Veraz are able to significantly lower the cost of deploying and managing applications thereby winning Russian business customers even during the current economic slowdown.
Throughout the region, carriers are handling large volumes of long distance domestic traffic both for wired and wireless calling. Veraz's compression and bandwidth optimization solutions can also reduce the costs for transport associated with these high levels of traffic, while meeting the demands of the Russian geography and legislative regulations.
The Veraz-certified system integrators will resell the [ I-Gate 4000 ] family of media gateways with bandwidth optimization and compression, and the [ ControlSwitch ]™. Veraz's MGN architecture enables carriers to optimize operating efficiency and enhance revenue generating capability, while maintaining high quality for voice and data traffic over TDM and IP networks.
The ControlSwitch platform supports the largest set of legacy and next-generation communication protocols and standard network interfaces enabling the coexistence of TDM and all-IP architectures. Using the ControlSwitch also reduces time to market and provides easy access interconnection between remote areas and the main network, which is particularly suited to regional characteristics. The scalability of the Veraz ControlSwitch provides a cost-effective solution for both full sized national networks of Tier 1 operators and small local networks of small and medium sized carriers.
"Russia and CIS countries are strategic markets for Veraz," notes Gregory Litinsky, VP Russia and CIS of Veraz Networks. "Partnering with local systems integrators backed by Veraz's market-leading products and support will enable carriers in Russia to increase revenue and optimize network efficiency."
About Veraz Networks, Inc. (NASDAQ:VRAZ)
Veraz Networks, Inc. (NASDAQ:VRAZ), is the leading provider of application, control, and bandwidth optimization products that enable the evolution to the Multimedia Generation Network (MGN). Service providers worldwide use the Veraz MGN portfolio to extend their current application suite and rapidly add customized multimedia services that drive revenue and ensure customer retention. The Veraz MGN separates the control, media, and application layers while unifying management of the network, thereby increasing service provider operating efficiency. Wireline and wireless service providers in over 60 countries have deployed products from the Veraz MGN portfolio, which includes the ControlSwitch™, Network-adaptive Border Controller, I-Gate 4000 Media Gateways, the VerazView Management System, and a set of prepackaged applications. Please visit [ www.veraznetworks.com ].
This press release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. These forward-looking statements involve risks and uncertainties, as well as assumptions that if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to, sales of Veraz products and services in Russia and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Veraz' business is set forth the "Risk Factors" section in our 10-K for the year ended December 31, 2007 and our 10-Q for the quarter ended September 30, 2008 as filed with the Securities and Exchange Commission. These filings are available on a website maintained by the Securities and Exchange Commission at [ http://www.sec.gov ]. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.
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