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Technology Stocks : Tekelec

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To: BWAC who wrote (1584)6/1/2001 8:44:54 AM
From: JakeStraw  Read Replies (1) of 1648
 
Tekelec Announces Distribution Agreement With Alcatel
biz.yahoo.com
Company to Integrate Alcatel 7470 MSP as Media Gateway in Its Packet-Based Switching Solution
MORRISVILLE, N.C.--(BUSINESS WIRE)--June 1, 2001--Tekelec (Nasdaq: TKLC - news) today announced it has entered into a distribution agreement with Alcatel, a global leader in the design and delivery of integrated end-to-end voice and data networking solutions.

Under the terms of the agreement, Tekelec will act as a value-added reseller for the Alcatel 7470 Multiservice Platform (MSP), an asynchronous transfer mode (ATM)-based media gateway.

Tekelec will provide a variety of end-to-end packet telephony solutions by interworking its VXi(TM) Media Gateway Controller (MGC) family of softswitches with the Alcatel 7470. Tekelec's first application, distributed packet tandem, allows carriers to migrate seamlessly to a converged voice and data architecture while economically expanding network capacity. It couples the VXi MGC with Alcatel 7470s, acting as trunking gateways to Class 5 switches, to replace the functionality of a circuit-based Class 4 toll or tandem switch. The VXi MGC uses UNI 4.0 protocol to interface with the 7470.

Paul Miller, Tekelec's vice president of Packet Telephony, commented, ``We are committed to creating multivendor packet networks which encourage competition and allow our customers to truly realize the cost and innovation benefits of the new network architecture. Agreements with industry leaders like Alcatel enable us to deliver best-in-breed, carrier-grade switching solutions for next-generation networks.''

``The Alcatel 7470 MSP, already widely deployed in voice-over-packet applications with service providers around the globe, is an ideal media gateway for next-generation voice networks,'' said Mark Shannon, director, Voice Gateway Product Management at Alcatel. ``Alcatel is committed to a standards-based, open systems approach to next-generation telephony. This agreement with Tekelec helps service providers and carriers gain a competitive advantage by bringing the latest technology and services to market quickly and economically.''

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, IP voice and data 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 tekelec.com.

The Tekelec logo is a registered trademark of Tekelec. VXi and VXi MGC are trademarks of Tekelec. All other products are registered trademarks or trademarks of their respective companies.

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Contact:

Tekelec
Erik Randerson, 818/880-7821
erik.randerson@tekelec.com
or
Linda Marco, 919/380-3842
linda.marco@tekelec.com
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