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Technology Stocks : Tekelec

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To: BWAC who wrote (1584)5/22/2001 8:50:54 AM
From: JakeStraw   of 1648
 
Tekelec Provides EAGLE STPs with LNP Capability to Verizon
biz.yahoo.com
Tekelec Solutions Support Continued Verizon Network Expansion
MORRISVILLE, N.C.--(BUSINESS WIRE)--May 22, 2001-- Tekelec (Nasdaq: TKLC - news) today announced an order from Verizon Network Services for a pair of EAGLE® signal transfer points (STPs) with local number portability (LNP) capability.

The EAGLE STPs will be deployed in the Verizon's domestic wireline telecommunications network, which provides national SS7 signaling and LNP capability to 33 million households in 67 of the top 100 U.S. markets.

In 1998, the company (then Bell Atlantic) was the first service provider in the world to deploy LNP in its network. The company selected Tekelec's LNP solution. ``We are extremely pleased that an industry leader and innovator like Verizon continues to choose our field-proven EAGLE platform and LNP solution to expand its network,'' commented Mike Margolis, president and CEO, Tekelec. The scalability of Tekelec's EAGLE platform makes it a perfect solution for Verizon as it aggressively grows its networks to deliver a full range of advanced products and services to its customers.``

Margolis added, ``Verizon is building a global network to provide data, voice, and internet solutions to customers around the world. Our EAGLE STP and LNP solutions provide the reliable call control and value-added services that will allow Verizon to provide its customers with the best service in the industry.''

The Tekelec EAGLE STP is the world's first fully distributed, packet-based STP, providing the highest level of reliability and network security in the industry. The platform scales from 850 to more than 60,000 transactions per second. The EAGLE platform leads the market with more than 700 systems installed in telecommunications networks worldwide. EAGLE LNP is the most widely selected LNP solution. Deployed on the EAGLE STP platform, it provides the industry's highest performance, capacity and LNP download rates, supporting up to 48 million ported numbers.

About Tekelec

Tekelec is a leading developer of telecommunications signaling infrastructure, softswitches, diagnostic solutions, and service applications. The company's highly reliable solutions enable telecommunications carriers and equipment suppliers to achieve the benefits of the packet-telephony revolution, while keeping service quality and feature richness intact. Tekelec's innovative solutions are widely deployed in traditional and next-generation wireline, wireless, and IP voice and data communications networks and contact centers worldwide. Corporate headquarters are located in Calabasas, Calif., with research and development facilities and sales offices throughout the world. For more information, please visit www.tekelec.com.

The Tekelec logo and EAGLE are registered trademarks of Tekelec. All other trademarks are the property of their respective owners.

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Contact:

Tekelec
Linda Marco, 919/380-3842
linda.marco@tekelec.com
Erik Randerson, 818/880-7821 (Investor Relations)
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