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Network Equipment Technologies: Multi-Branch Credit Union Deploys Network Equipment Technologies' VX Series to Support Unified


Published on 2009-10-21 14:48:57 - Market Wire
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FREMONT, CA--(Marketwire - October 21, 2009) - Network Equipment Technologies, Inc. ("NET") (NASDAQ: [ NWK ]) announced today that HarborOne Credit Union, the largest state-chartered community credit union in New England and one of the top 100 in the country, is deploying NET's VX Series to extend the capabilities of its VoIP-enabled, multi-branch environment. NET's VX Series provides integration between HarborOne's Nortel PBX and its Microsoft Office Communications Server 2007 (OCS) environment.

NET's VX Series is a fully integrated multi-service voice switch that provides high-performance VoIP communications for enterprise OCS deployments. The VX Series interoperates with all leading PBX and IP-PBX vendor protocols, offering rapid deployment and easy installation, with minimal maintenance. HarborOne's VoIP implementation is part of the company's broader strategy to create a collaborative environment throughout all of its branch locations to ensure effective, cost-efficient communication among its regionally dispersed operations. Included in HarborOne's decision to use the VX was the added functionality of the platform, including the interface with Active Directory, as well as NET's superior technical support.

"NET's VX Series made it possible for us to seamlessly bring online two recently acquired branches with nearly no communications downtime. This was crucial for our customers, and also important to our new employees. The high availability and exceptional voice quality of the VX Series enabled us to extend the value of our Microsoft Office Communications Server environment and meet our aggressive collaboration goals," said Wayne Dunn, Senior Vice President and Chief Technology Officer. "Further, the VX Series enables us to provide our employees with remote communications tools should they need to work from home in the event of illness, which is an especially valuable functionality given concerns with the H1N1 virus."

HarborOne currently has 16 branch locations. The initial deployment of the VX Series at the company's recently acquired branch locations was complete in August of this year and a phased-in approach for the credit union's remaining branches and main office is scheduled over the next 12 months.

"Our ability to extend the features of Microsoft's Office Communications Server environment within nearly any type of existing network and telecom infrastructure makes our VX Series a compelling choice," said Francois Le, Vice President Global Sales at NET. "We are pleased to provide HarborOne with a solution to address their collaboration goals."

About HarborOne Credit Union

With $1.8 billion in assets, HarborOne Credit Union is the largest state-chartered community credit union in New England and one of the top 100 in the country. HarborOne serves the financial needs of consumer and business banking customers who live or work in Bristol, Norfolk, Plymouth and Barnstable counties through a network of 15 full-service branches, and a mortgage office in Centerville. HarborOne also operates a limited-service branch at Brockton High School and 10 free standing ATMs in addition to an ATM at every full service branch. It recently received its 5th consecutive "Outstanding" rating for performance on the Community Reinvestment Act (CRA) from the Massachusetts Division of Banks.

About Network Equipment Technologies, Inc.

Network Equipment Technologies, Inc. (NET) provides network and VoIP solutions to enterprises and government agencies that seek to reduce the cost to deploy next generation unified and secure communications applications. For a quarter of a century, NET has delivered solutions for multi-service networks requiring high degrees of versatility, security and performance. Today, the company's broad family of products enables interoperability and integration with existing networks for migration to secure IP-based communications. Broadening NET's voice solutions, Quintum Technologies, now a part of NET, is a VoIP innovator whose applications bring the reliability and clarity of public telephone networks to Internet telephony and unified communications. NET is headquartered in Fremont, CA and has 14 offices worldwide including the US, the UK, France, the Middle East, China, Japan, Australia, and Latin America. The company sells its solutions through a direct sales force and an international network of resellers and distributors. For more information, visit [ www.net.com ].

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