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Technology Stocks : Vertel (VRTL) 10xbagger in the making

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To: Dennis J. who wrote (185)6/8/1999 9:35:00 AM
From: Shadow  Read Replies (1) of 465
 
News out

Some poor guy bought 500 shares at 3 1/8 in premarket trading (ouch!!!) I though we were going to get a 50% gapper when I saw it
<<GG>>

(COMTEX) B: Vertel Announces 'Project eORB' For Next Generation Netwo
B: Vertel Announces 'Project eORB' For Next Generation Network and Service
Management

ATLANTA, Jun 8, 1999 (BUSINESS WIRE via COMTEX) -- Breakthrough
CORBA-based Intelligent Network Agent Platform Brings Superior
Performance and Scalability to Drive Carrier-Grade Convergent
Networks

Vertel(R) (NASDAQ: VRTL), a leading provider of multi-management
solutions for telecommunications networks, today announced at SuperComm
'99 "Project eORB," an initiative to develop a new breed of embedded
Intelligent Network Agents (INAs) that facilitate the integration and
operation of next generation telecommunications networks. Based on
CORBA standards, the eORB platform is the nucleus of specialized INAs
designed to connect and integrate network and management elements with
the data and processes required enabling true carrier-grade convergent
network services. With the deployment of "Project eORB," Vertel is
among the first network management solutions providers in the industry
to develop an embeddable CORBA-based framework that is defined
specifically for telecommunications. Field testing of "Project eORB"
technologies is currently underway with general availability scheduled
for the end of third quarter 1999.

"'Project eORB' represents the most optimal and the first commercially
available CORBA implementation to support the demanding requirements of
embedded Intelligent Network Agents," said Bruce Brown, president and
chief executive officer of Vertel. "Not only have we achieved
carrier-grade performance and scalability through our micro-kernel
architecture, but we are now offering our customers the flexibility
they need in terms of telecom specific services, operations over
multiple transport technologies, such as ATM or a wireless transport
such as IRDA, operating system portability, and object-model
neutrality."


Vertel's eORB Developed to Meet Rigorous Requirements of Major

Convergent Network Operators The model for eORB was developed by
Expersoft in collaboration with Sprint for Sprint ION, the Integrated,
On-Demand Network. Expersoft, a pioneer in distributed object
technology, was recently acquired by Vertel. "Project eORB" combines
carrier-grade ORB and telecom specific CORBA services, allowing network
management programs to perform distributed computing subject to
rigorous performance requirements under extremely demanding operating
environments.

"We are currently engaged with Vertel/Expersoft in the development of a
carrier-grade ORB to support our distributed processing environment, a
key element of the Sprint ION infrastructure," said Mike Gettles, lead
engineer for Sprint Advanced Technology Development.

INAs developed using the eORB platform streamline the automation and
integration of Operations Support Systems (OSSs) that function in a
distributed processing environment. This integration is essential to
the deployment of carrier-grade services over convergent networks. With
'carrier-grade' scalability, reliability and performance and telecom
specific services, Vertel's new INA platform offers telecommunications
carriers faster time to market for new services, reduced cost of
operations and enhanced customer service with greatly enhanced speed of
service delivery to customers.

"Our customers and strategic partners urged us to develop a distributed
platform because they wanted an interoperability solution for
convergent networks that embodied Vertel performance and reliability,"
said Bruce Brown, president and CEO of Vertel. "It is extremely
gratifying to announce our new eORB platform which takes CORBA to the
next level, making it a reliable and highly optimized platform for
building management solutions for nextgenerationnetworks."


Vertel Leading the Industry Move Towards CORBA-based Management

Platforms Vertel's new focus on distributed processing platforms for
network and service management is driven by the growing demand for
solutions that enable carrier-grade convergent network services.
Convergent networks, which support broadband, IP and integrated
voice/data/video services, are being engineered with a more data
communications centric architecture, providing unlimited combinations
of transmission technologies, intelligent devices and services. Next
generation telecommunications management systems must provide the
ability to integrate with as many different types of network devices as
possible, from gigabit IP switches to set-top boxes, allowing companies
to build cohesive, cost-effective information systems infrastructures.

"The unique design of the ORB micro kernel supports 'pay-for-use'
resource management allowing eORB-based INAs to operate on a Palm Pilot
using Palm OS, as well as network switching and transmission devices
using real time operating systems such as VxWorks(R)," said Tom Greene,
vice president of engineering for Vertel. "This is a significant
advancement in the use of CORBA technology in the embedded INA
environment."

"Given the growing number of CORBA-based OSS implementations, it makes
sense for Vertel to develop its next generation Intelligent Network
Agent using an enhanced ORB platform," said Rob, senior vice president
of Telecommunications research for the Yankee Group, a Boston,
Mass.-based research firm. "Vertel's deep knowledge of carrier-grade
management requirements, experience with a broad variety of large
global equipment manufacturers and service providers, and recently
acquired expertise in CORBA through the acquisition of Expersoft,
position them as a leading supplier for management of next generation
networks."


eORB Characterized by Superior Performance To compare and ultimately
prove the performance characteristics of the eORB platform, an
independently defined benchmark against four commercially and
academically available ORBs has been undertaken by Vertel. The results
show that the eORB platform outperformed other tested ORBs in the
following categories:

-- Throughput marshalling speed -- for primitive CORBA types, tests
indicate a 46% to 474% improvement over the current fastest
industry leading ORBs.

-- Throughput volume -- across the spectrum of message sizes, tests
indicate a 79% to 326% improvement over the best of the
competitor ORBs. As progressively greater volumes of data
transfer are demanded of the ORB's core marshalling engine, eORB
consistently continues to outperform all other ORBs.

-- Latency -- using industry benchmarks, eORB consistently exhibits
the lowest latency in its class.

-- Scalability -- invocation times remain near constant as the number
of objects increase, with the initial invocation times less than
those of competitor ORBs.

-- Footprint -- eORB employs stack minimized, hybrid stubs that
possess the advantageous features of compiled and interpreted
stubs. This, plus dynamic "on-demand" loading of modules, enables
eORB to have the minimal static and dynamic runtime footprint in
the industry.

Vertel to Demonstrate eORB based INAs at SuperComm 1999 in

Atlanta Vertel is showcasing eORB-based INAs running on various devices
responsible for network management ranging from network elements, such
as an ATM edge switch running VxWorks, a Windows(R) CE Clio device, and
hand-held devices such as the 3COM PalmV(TM) running Palm OS. The
remote network devices employ INAs to provide a unified network view
for fault management, in a multi-technological, multi-vendor
environment. The demonstration illustrates:

-- Performance of eORB on small devices

-- Minimized footprint

-- Interoperability with server level Orbs and CORBA services

-- Legacy integration with multiple protocol support

-- Component reusability

About Vertel Corporation Vertel is a leading provider of telecom
network management software and solutions that support multiple
management technologies. These solutions provide public and IP network
operations support systems (OSS) infrastructures the key components
required for end-to-end network and service management with
carrier-grade quality of service. Vertel delivers telecom management
solutions worldwide to service providers, network operators, telecom
equipment manufacturers, independent software vendors and systems
integrators. Vertel also delivers turnkey management applications that
fit individual customer requirements through their Professional
Services Organization. The Company is based in Woodland Hills,
California and has sales offices throughout the world. Contact Vertel
on the World Wide Web at vertel.com.


About Sprint Sprint is a global communications company, at the
forefront in integrating long distance, local and wireless
communications services, and one of the world's largest carriers of
Internet traffic. Sprint developed and operates the United States' only
nationwide, all digital, fiber-optic network and is a leader in
advanced data communications services. Sprint has $17 billion in annual
revenues and serves more than 17 million businesses and residential
customers.

"Safe Harbor" Statements under the Private Securities Litigation Reform
Act of 1995: Except for the historical information presented, the
matters discussed in this news release are forward looking statements
that involve risks and uncertainties, including timely and successful
completion of development of products and technologies; successful
introduction and customer acceptance of new and enhanced products and
technologies in existing and new markets; the possible development and
introduction of competitive products and new and alternative
technologies; pricing, currency and exchange risks; governmental and
regulatory developments affecting Vertel and its customers; the ability
to identify, conclude, and integrate acquisitions on a timely basis;
the ability to retain and attract key personnel; and other risks
detailed from time to time in public disclosure filings with the U.S.
Securities and Exchange Commission (SEC) by Vertel, including, but not
limited to, the Annual Report on Form 10-K for the year ended December
31, 1998 and the Quarterly Report on Form 10-Q for the quarter ended
March 31, 1999.

Note to Editors: Vertel is a registered trademark of Vertel. All other
trademarks are the property of their respective owners.




Copyright (C) 1999 Business Wire. All rights reserved.
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CONTACT: Vertel Corp., Woodland Hills
Sandy Christopher, 818/227-5735
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