|[January 22, 2009]
Veraz Announces Nortel DMS Replacement Program
SAN JOSE, Calif. --(Business Wire)--
Veraz Networks, Inc., (NASDAQ:VRAZ) the leading provider of Multimedia Generation Network (MGN) application, control, and bandwidth optimization products, today announced a program to enable service providers using Nortel's legacy DMS circuit switches to quickly migrate to a next-generation IP network powered by Veraz's MGN portfolio. Over 100 wireline and wireless service providers worldwide already use the MGN portfolio to carry billions of minutes of VoIP and data services traffic each month.
Nortel's recent bankruptcy filing and shift in focus toward enterprise customers leaves many service providers uncertain of on-going support from Nortel for their legacy DMS switches. Given the critical role the switch plays in an operator's network, Veraz's program will help Nortel customers migrate traffic from their legacy infrastructure while simultaneously putting in place a cost-effective next-generation IP platform that scales to handle new traffic and services.
"Nortel's service provider customers need a way to quickly migrate their critical network assets to platforms from vendors committed to their business," said Doug Sabella, CEO and President, Veraz Networks. "With the Nortel replacement program, we are offering a product and support package that will not only minimize service providers' near-term exposure to potential changes to Nortel's business, but will also serve as a next-generation platform for growing their business in the future."
Providing a complete platform for migrating service providers off of legacy TDM switches like the Nortel DMS, the Veraz MGN portfolio includes the ControlSwitch™ VoIP switching platform, Network-adaptive Border Controller and I-Gate 4000 family of media gateways and session bandwidth optimizers.
The ControlSwitch VoIP platform includes a powerful distributed policy-based routing engine and industry leading support for the interworking of SS7, SIP-I and SIP protocols. In addition, the open services architecture of the ControlSwitch enables service providers to easily reuse their legacy services infrastructure. The Network-adaptive Border Controller incorporates a unique security architecture that, when combined with the ControlSwitch, dramatically reduces the cost and complexity required to provide secure services. The I-Gate 4000 family of media gateways and session bandwidth optimizers deliver enhanced media management capabilities, enabling service providers to continue to provide toll-quality voice services as they migrate from their legacy TDM core to an IP core network.
Service providers interested in learning more about the replacement program should contact a Veraz sales representative at firstname.lastname@example.org.
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 50 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 products and services to replace Nortel DMS switches and the potential cost savings associated with the deployment of the ControlSwitch 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 in our Annual Report on Form 10-K for the year ended December 31, 2007, and the Quarterly Report on Form 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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