I suspect this is part of the puzzle
PR Newswire, Tuesday, November 04, 1997 at 13:37
BOCA RATON, Fla., Nov. 4 /PRNewswire/ -- NetSpeak Corporation
(NASDAQ:NSPK) and Siemens Telecom Networks, (formerly Siemens Stromberg-
Carlson) have signed an agreement which expands their existing OEM
relationship. The new agreement will provide for Siemens to market all of
NetSpeak's carrier-grade products and service solutions for Voice over
Internet Protocol (VOIP) applications and provides for Siemens to include
NetSpeak's technology and applications on the Siemens gateway platform.
This expanded agreement allows the Siemens Internet Solutions Business
Unit to offer NetSpeak's pre-packaged hardware and software solutions and
applications, including NetSpeak's newly announced high density 96/120 port
Internet telephony gateway. The two companies plan to work together to
introduce applications to be used by carriers, telecom service providers,
cable network operators and Internet service providers (ISPs), to supply VOIP
services, including Internet telephony.
Chuck Harris, Vice President and General Manager of Siemens Internet
Solutions, said: "The ability to work with a leading-edge applications
company like NetSpeak and to allow their proven applications to run on our
gateway enhances the carrier-grade VOIP solution we will be able to offer our
customers in this key market."
NetSpeak President Robert Kennedy said: "I am very pleased to be
expanding our relationship with a world-class company like Siemens. Together
we can readily develop and introduce exciting innovations into a dynamic
market, which will enable service providers to offer carrier-grade voice
services, manage their Voice over Internet operations, and handle customer
account management and billing."
Siemens Telecom Networks - Internet Solutions Business Unit, has worldwide
responsibility for Internet products and applications for companies providing
public telecommunications services, bringing to bear the full strength of
Siemens' innovation and market know-how. This includes ISP solutions, voice-
over-IP solutions, systems integration services, applications development, and
customer and marketing support services. Home page: www.internet.siemens.com
Siemens Telecom Networks, headquartered in Boca Raton, Fla., is a leading
provider of telecommunications equipment to the public network service
providers in North America. The company designs and manufactures digital
central office switching equipment, broadband switching systems, wireless
solutions, end-to-end multimedia solutions, Internet solutions, network
management products and transmission products. Siemens Telecom Networks is a
subsidiary of Siemens AG, which has annual revenues of $63.6 billion (FY 95-
96) and has operations in 190 countries. Home page:
stn.siemens.com
NetSpeak Corporation, based in Boca Raton, Fla., develops, markets,
licenses and supports a suite of intelligent software modules which provide
business solutions for concurrent, real-time interactive voice, video and data
communications over packetized data networks such as the Internet and Local
Area Networks (LANs) and Wide Area Networks (WANs). NetSpeak's products allow
organizations to build new voice and video-enabled communications networks, or
to add these communications capabilities to their existing enterprise. Home
page: netspeak.com
Forward-looking statements (statements which are not historical facts) in
this release are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Investors are cautioned that all
forward-looking statements involve risks and uncertainties, including those
risks and uncertainties detailed in NetSpeak's filing with the Securities and
Exchange Commission.
NetSpeak and WebPhone are registered trademarks of NetSpeak Corporation.
All other company and product names may be trademarks of the respective
companies with which they are associated.
SOURCE NetSpeak Corporation
-0- 11/4/97
/CONTACT: Tom Phillips, Siemens, 561-955-3670 or
thomas.phillips@stn.siemens.com; or Robert Kennedy, NetSpeak Corporation,
561-998-8700 or robert@netspeak.com/
/Company News On-Call: prnewswire.com or fax,
800-758-5804, extension 124363/
/Web site: netspeak.com
/Web site: internet.siemens.com
/Web site: stn.siemens.com |
