More good news more selling :-(
(BSNS WIRE) Vertel and Atlantech Form Alliance to Deliver Element Manage Vertel and Atlantech Form Alliance to Deliver Element Management Solutions for Convergent Network Services Business Editors SUPERCOMM 99 ATLANTA--(BUSINESS WIRE)--June 8, 1999-- Agreement Expands Vertel's Solutions Portfolio for Broadband Network Equipment Manufacturers and Service Providers Vertel(R) (Nasdaq:VRTL), a leading provider of multimanagement solutions for telecommunications networks, today announced at SuperComm '99 an agreement with Atlantech Technologies to deliver element management solutions to broadband access network equipment manufacturers and service providers. Vertel will sell, service and support Atlantech Technologies' AccessVision family of products to build next generation Element Management Systems (EMS) for Vertel's and Atlantech's growing list of convergent network customers around the world. Vertel will also provide a full range of custom development and integration services for carriers and network equipment providers in the access market. The partnership will allow Vertel to address the broadest market with the most extensible suite of access management applications in the industry. "Service providers and network equipment manufacturers around the globe use Vertel products and services to enhance their OSS solutions. Adding AccessVision to our product and professional services portfolio places Vertel in a leadership position in the access management niche -- one of the fastest-growing segments of the OSS market," said Bruce Brown, president and chief executive officer of Vertel. "As customer demands become increasingly complex, the ability to leverage industry-leading platform technology which provides carrier-grade performance, scalability and extensibility is critical." "Vertel's international presence, impressive list of clients and highly skilled professional services organization will make Atlantech's products accessible to network equipment manufacturers and service providers across all continents," said David Sibbald, president of Atlantech Technologies. "Vertel provides more than a channel to new markets. Their value-add in engineering and professional services makes it possible to deliver a broader range of element management applications to both our customer bases." Vertel is demonstrating AccessVision at SuperComm '99, booth 1741. About AccessVision AccessVision Management Framework is a set of element management building blocks that allow integration with a carrier network using open, standardized network management interfaces. Once integrated into a network, the solution provides provisioning, fault and performance management functions for network elements and provides framework that integrates with higher order operations support systems. AccessVision delivers the scalability and performance required to deliver integrated network management functionality across multivendor, heterogeneous broadband access networks. It also offers the flexibility required for rapidly integrating network and servicing applications. The AccessVision Management Toolkit dramatically reduces time required to develop new service applications. The result is lower deployment costs and faster time to market with new management solutions. About Vertel Corp. Vertel develops and markets software for the management and operations of telecommunications networks. The company provides advanced telecommunications management network solutions (TMN) including communications infrastructure products, network management platforms and applications software for telecommunication carrier networks worldwide. In addition, Vertel serves telecommunications equipment manufacturers, computer systems OEMs and Internet access providers. The company is based in Woodland Hills, Calif., and has sales offices throughout the world. About Atlantech Technologies Atlantech Technologies Ltd. (www.atlan-tech.com) is a U.K.-based company focused on developing and delivering carrier-grade network management products to support next-generation service provider and PTT networks and services. "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 Dec. 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. --30--mt/la* les/la CONTACT: Vertel Corp. Sandy Christopher, 818/227-5735 sandy-christopher@vertel.com (e-mail) or Ketchum Greg Winter, 310/444-1363 greg.winter@ketchum.com (e-mail) KEYWORD: CALIFORNIA GEORGIA INTERNATIONAL EUROPE INDUSTRY KEYWORD: TELECOMMUNICATIONS COMPUTERS/ELECTRONICS COMED TRADESHOW PRODUCT Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story *** |