Adam,
DSET corp. a Vertel competitor filed to go Public through Alex Brown.
It looks like TMN is ramping up.
BTW, Crosskeys got recommended today by SG Wrburg.
Monday January 12, 8:04 am Eastern Time
Company Press Release
Vertel Names Ruth Cox Vice President of Business Development
WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Jan. 12, 1998--
Vertel(TM)/Retix(R) (NASDAQ:RETX - news) a leading supplier of
telecommunications management network (TMN) products, today announced
the appointment of Ruth Cox to the post of Vice President of Business
Development. She will be responsible for managing strategic alliances
with key customers, technology and distribution partners, as well as
Vertel's product and business acquisition activities.
''As the TMN market leader, Vertel is playing an important role in the
evolution of the telecom industry,'' said Cox. ''Vertel's standards
based enabling technologies and management solutions allow telecom
carriers and service providers to meet the increasing demands of their
customers. Their products enable fast and cost-effective introduction of
new technologies extending the features and capacity of their networks.
These products also facilitate the network interoperability required to
deliver the high quality service necessary to compete in today's
telecommunications market. I am pleased to be part of Vertel's team.''
Cox, formerly Vice President of Marketing for Digital Sound Corporation
[Nasdaq:DGSD - news], brings 20 years of senior management experience in
the telecommunications and computing industries to her position at
Vertel. She played a pivotal role in the commercialization of PTT
Telecom Netherlands as Vice President of strategy and was a key member
of the systems engineering team which transformed US Sprint into a full
service, long distance carrier. Ms. Cox also played an instrumental role
in the creation of high growth telecommunications lines of business
within such Fortune 500 companies as Hewlett-Packard, Oracle Corporation
[Nasdaq:ORCL - news] and Tandem Computers.
At Digital Sound Corporation, a supplier of public network based
messaging systems, Ms. Cox was responsible for the marketing and
business alliance programs and new product initiatives which have
enabled the company to expand their market share internationally and
into new segments such as wireless and the internet.
''Vertel's strength in the telecom market comes from our easy-to-use,
comprehensive software infrastructure products and the powerful
alliances we have developed with technology leaders such as HP and
Microsoft.'' said Bruce Brown, President and CEO of Vertel/Retix.
''Ruth's extensive experience in the global telecom industry and her
success in building high growth businesses through strategic alliances
will greatly enhance our efforts to add partners that compliment our
technology and distribution strategies.'' |
