Sweden's Tele2 Chooses TTI To Install an SS7 Network Surveillance System
PETAH TIKVA, Israel--(BUSINESS WIRE)--March 24, 1998--TTI Team Telecom (NASDAQ: TTILF - news; ''TTI'') announced today that it will provide
Tele2 AB, Sweden's second largest telecommunications operator, with an SS7 Network Surveillance System. Tele2, part of the NetCom Services Group, expects
to utilize Netrac's SS7 Network Management System to improve its quality of service, develop new revenue sources from existing network activities and facilitate
the deployment of new services. Installation is scheduled for May, 1998.
TTI's NWV-7 module offers a comprehensive centralized SS7 management system that will provide up-to-the-minute performance intelligence information, and fault
and configuration management for Tele2's growing network. The SS7 Network Management system is a highly advanced system that extracts data directly from the
SS7 signaling links in real time to achieve maximum network optimization, streamline complex routing procedures and reduce traffic flow congestion. Revenue
generating applications such as fraud detection and call tracing facilitates significantly reduce costs making the NWV-7 management system a potent tool and
provides a fast return on investment. In the first phase of its expansion plans Tele2 will be installing the system in both Kista and Gothenburg.
Tele2 manages more than 20% of Sweden's international traffic and is the undisputed leader in providing dial-up Internet services. Tele2 is a subsidiary of NetCom
Systems AB, the leading alternative provider of telecommunications services in Scandinavia. Founded in 1993 NetCom Systems is engaged in the GSM cellular
telecommunications industry, operating under the brand names of Comviq GSM AB in Sweden and its listed affiliate, NetCom ASA, in Norway. In the business
areas of public telecommunications, Internet and data communications services, the group operates under the brand names of Tele2 AB, in Sweden, Tele2 A/S in
Denmark and Tele2 Norge AS in Norway. The group also operates in the cable-TV service sector. The Company is listed both on the Stockholm Stock Exchange
and on Nasdaq under the symbol NECSY.
''Leading edge companies such as Tele2 are looking for market proven technology that offers the power and scalability for managing large-scale hybrid networks,''
remarked Meir Lipshes, Chief Executive Officer of TTI. ''TTI Telecom has committed significant resources to developing flexible solutions for even the most
complex situations. We are pleased to have been chosen by Tele2 to provide them with a superior network control and surveillance management system.''
Forward looking statements in this release involve a number of risks and uncertainties including, but not limited to, product demand, pricing, market acceptance,
changing economic conditions, risks in product and technology development, the effect of the Company's accounting policies as well as certain other risk factors
which are detailed in the Company's SEC filings. |
