Veraz Networks’ Programmable Softswitch and Service Delivery Platform Receives INTERNET TELEPHONY? Magazine’s “Product of the Year” Award for 2004

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Bangkok--Jan 11--Vantage

-- Second consecutive year that Veraz’s Packet Telephony solutions are honored for outstanding innovation critical to service provider’s ongoing competitiveness--- Veraz Networks announced that Technology Marketing Corporation’s (TMC?) INTERNET TELEPHONY? magazine has named the ControlSwitch 5.5 as a recipient of a 2004 Product of the Year Award. INTERNET TELEPHONY has been the VoIP Authority Since 1998?. This is the second consecutive year that Veraz’s Packet Telephony products have been recognized by the editors of INTERNET TELEPHONY. Veraz’s ControlSwitch 5.5 is the first fully programmable NGN solution for large-scale packet migration. Veraz’s services delivery platform, which is integrated in the ControlSwitch 5.5, offers unique built-in programmability and pre-tested building blocks that enable development and deployment of new revenue-generating services significantly faster than ever before – up to 90% faster. “We are honored to receive this award, but we are even more honored by our valued customers. It is for them that we continually strive to provide new cutting edge features to keep them a step ahead of the competition,” said Doug Sabella, President and CEO, Veraz Networks. “As a result of this dedication, our customers entrust nearly 1 billion minutes per month of their critical traffic on our networked solutions.” Veraz’s next-generation softswitch features include a distributed architecture and a multi-tiered design resulting in unlimited scalability for carrier networks and on-the-fly service creation. Also featured is a centralized management system for managing all activities from one location, whether it’s multi-city or multi-country. Veraz delivers the most advanced softswitch solutions for carriers to accelerate migration to revenue-generating multimedia services, providing them with a competitive edge. “Each year INTERNET TELEPHONY magazine bestows its Product of the Year awards on companies that have demonstrated excellence in technological advancement and application refinements. Veraz Networks has demonstrated to the editors of INTERNET TELEPHONY that its products or services are committed to quality and innovation while addressing the real needs in the marketplace,” said Rich Tehrani, Group Publisher and Editor-in-Chief of INTERNET TELEPHONY. Last year, Veraz’s I-Gate 4000 Pro Media Gateway received a 2003 “Product of the Year” Award from the editors of INTERNET TELEPHONY magazine. About Veraz Networks Veraz Networks (www.veraznetworks.com) is the leading global provider of softswitch-based, toll-quality packet telephony solutions for traditional and next-generation communications networks. Built on a rich heritage of delivering carrier-class products to over 700 customers in 140 countries, Veraz offers complete solutions to established and greenfield carriers, and enhanced service providers worldwide through its softswitch, media gateway, and digital compression products. Leveraging open, best-of-breed components and a global support and service infrastructure, Veraz partners with customers to design and deploy carrier-class next-generation networks tailored to meet their business objectives. By combining industry-leading, standards-based softswitch and media gateway platforms with robust management systems, Veraz offers unmatched flexibility to its customers: a best-in-class integrated packet telephony solution or the freedom to choose best-of-breed individual products to match their unique network needs. Veraz solutions address a wide range of call processing applications such as tandem switching, domestic & international long distance, IP trunking, IP Centrex, as well as new voice-data services. Veraz Networks is privately funded by ECI Telecom (NASDAQ: ECIL), Argonaut Private Equity, Battery Ventures, Kleiner Perkins Caufield & Byers, Levensohn Venture Partners and Norwest Venture Partners. The company is headquartered in San Jose, CA, with offices throughout the world. About TMC? Celebrating more than 30 years as a leading publisher, Technology Marketing Corporation (TMC?) publishes Customer Inter@ction Solutions? and INTERNET TELEPHONY? magazines, Web portal TMCnet.com, and the online publications SIP?, Speech-World?, VoIP Developer?, WiFI Telephony?, WiMAX?, Alternative Power? and BiometriTech?. TMC? is also the first publisher to test new products in its own on-site laboratories, TMC? Labs. TMC? produces INTERNET TELEPHONY? Conference & EXPO, VoIP Developer Conference? and Global Call Center Outsourcing Summit?. TMC offers live and online certification programs through TMC University. TMCnet.com publishes more than 14 online newsletters. Visit www.tmcnet.com for details. End.

ข่าวVeraz Networks+o:eventวันนี้

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