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WiMAX Media Gateway Solutions |
Veraz
Networks Joins WiMAX Forum®
Other Topics: Mobile
WiMAX Test Solution, WiMAX CPE
Solutions, Google WiMAX deal
with Sprint and Clearwire
Veraz Networks, Inc.
April 16, 2008
San Jose, CA -- Veraz Networks, Inc. (NASDAQ:VRAZ), a leading global
provider of IP softswitch and media gateway solutions, today announced
its support for single-standard WiMAX technology by becoming a principal
member of the WiMAX Forum, an industry-led non-profit organization
committed to promoting and certifying interoperable WiMAX™ products.
Today, carriers are faced with the challenge of
remaining competitive in a market in which there is an ever-increasing
demand for multimedia services. Veraz offers a unique solution that
couples the flexibility and rich multimedia service capability of IMS
with the ease and cost-effectiveness of providing fixed and mobile
broadband via WiMAX. The solution includes Veraz's ControlSwitch™,
Network-adaptive Border Controller, and I-Gate 4000™ series of media
gateways enabling carriers to rapidly create and deliver new revenue
generating multimedia services across fixed, mobile and fixed-mobile
networks. |
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“Joining the
WiMAX Forum allows us to advance the deployment of WiMAX and further
expose and develop its synergies with our architecture,” said Jay
Jayasimha, CTO of Veraz Networks. “Having already successfully deployed
the first IMS over mobile WiMAX network in the Americas, we look forward
to contributing our expertise to the WiMAX Forum.”
“The WiMAX Forum continues to gain industry support with more than 500
members to date,” said Ron Resnick, President of WiMAX Forum. “We are
pleased to have Veraz join our member ranks in advancing the ability to
offer products and services anytime, anywhere to consumers around the
world.”
The WiMAX Forum is an industry-led non-profit organization comprising
more than 500 companies committed to promoting and certifying
interoperable WiMAX products. WiMAX products are designed to deliver
wireless broadband services to both residential customers and businesses
by creating economies of scale made possible by standards-based,
interoperable products and services.
A complete list of current WiMAX Forum members is found here:
http://www.wimaxforum.org/about/Current_Members/.
About Veraz Networks, Inc. (NASDAQ:VRAZ)
Veraz (www.veraznetworks.com) is a leading global
provider of IP softswitches, media gateways and digital compression
products that enable voice, video and other multimedia services.
Wireline, broadband and wireless service providers in over 50 countries
have deployed Veraz’s IP product suite to transport, convert and manage
voice and multimedia traffic over both legacy and IP networks. Veraz
products allow service providers to quickly and efficiently migrate from
traditional voice networks to all-IP, fixed-mobile and multimedia
networks consistent with emerging IMS standards.
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 future sales of the Veraz product to WiMAX operators and for
WiMAX applications and the value created for our customers from such
purchases 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 Registration Statement on Form 10-K
filed with the SEC, including the "Risk Factors" contained therein for
the year ended December 31, 2007 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.
About the WiMAX Forum™
The WiMAX Forum® is an industry-led, not-for-profit organization formed
to certify and promote the compatibility and interoperability of
broadband wireless products based upon the harmonized IEEE 802.16/ETSI
HiperMAN standard. A WiMAX Forum goal is to accelerate the introduction
of these systems into the marketplace. WiMAX Forum Certified products
are interoperable and support broadband fixed, nomadic, portable and
mobile services. Along these lines, the WiMAX Forum works closely with
service providers and regulators to ensure that WiMAX Forum Certified
systems meet customer and government requirements. Through the WiMAX
Forum Global Congress Events Series of premier trade shows and
conferences, the WiMAX Forum is committed to offering a hands-on
business and education experience with meaningful networking
opportunities to drive worldwide adoption of WiMAX technology and
deliver wireless broadband Internet services anytime, anywhere. For more
information, visit the trade show link at www.wimaxforum.org.
“WiMAX Forum” is a registered trademark of the WiMAX Forum. “WiMAX,”
the WiMAX Forum logo, "WiMAX Forum Certified," and the WiMAX Forum
Certified logo are trademarks of the WiMAX Forum. All other trademarks
are the properties of their respective owners. |
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