Frost & Sullivan honors Veraz for its innovation and product excellence
Veraz Networks, Inc. announced today that it had been selected as the recipient of Frost & Sullivan's 2006 IP Communication Carrier Infrastructure Product Line of the Year Award. The award was presented in recognition of excellence in new products and technologies within the telecommunications industry. According to Frost & Sullivan, Veraz has shown innovation by launching a broad line of emerging products and technologies, including compression, switching and enhanced services solutions based on the I-Gate 4000 Product Line family and the ControlSwitch platform.
In 2005, Frost & Sullivan honored Veraz with the Product Line Strategy Award for the Global Carrier Infrastructure Market and in 2004 with the Voice over
Packet Executive Team of the Year Award. This is the third year in a row that Veraz has received a Frost & Sullivan Award for its innovation and product excellence. Veraz emphasizes flexibility in its product development allowing customers to choose how and when they will migrate to newer products as their needs change. This flexible and easy to migrate structure is a major competitive advantage for Veraz.
Veraz's product suite includes the ControlSwitch softswitch and service
delivery platform and the I-Gate 4000 family of media gateways. The programmability of Veraz's products allow them to be modified for emerging standards as they evolve, like IMS, and the open architecture enables interconnection with both legacy and IP based systems. Service providers also benefit from the cost saving opportunities created by the suite's compression capabilities as well as by the efficiency in which the products can be centrally managed.
"Veraz offers a wide variety of products, which are easy to integrate into existing networks, but more importantly, it is aware of its customers' diverse needs," said Frost & Sullivan Strategic Industry Analyst Shirley Hunt. "Veraz offers its customers flexibility based on an open platform, multiple protocols and support for a variety of hosted or application-server-based applications."
"We are truly honored to have been recognized for three straight years by
such a prestigious organization within our industry as Frost & Sullivan," said Doug Sabella, president and CEO of Veraz Networks. "Veraz is committed to improving our product offerings and providing quality service to meet our customers' needs. To have these efforts recognized is meaningful for us all."
Held in Phoenix, Frost & Sullivan's Information & Communications
Technologies Awards Banquet honors world-class companies for contributing innovative developments to the industry, as well as companies yielding breakthrough technologies in a variety of fields within the information and communication market. An annual event, the banquet recognizes the quality and merit of distinguished individuals and companies that deliver unparalleled insight on the industry, products and services.
About Veraz Networks, Inc.
Veraz (www.veraznetworks.com) is a leading global provider of voice over IP (VoIP) softswitches, media gateways and digital compression products to wireline, broadband and wireless service providers. Veraz compression and switching solutions optimize voice quality and network efficiency. When combined with Veraz programmable service platforms the result is a service infrastructure responsive to changing demands of end users, regulators and competitors. Veraz solutions enable service providers to profitably migrate from traditional voice networks to all-IP fixed-mobile and multi-media networks consistent with the emerging IMS standards. Veraz is a trusted supplier to 700 service providers in 140 countries including VOIP deployments in over 50 countries.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering
with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com. End.