SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Veramark Technologies Inc. (Nasdaq: VERA)
VERA 24.80-1.6%2:31 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E. Graphs who wrote (19)8/11/1998 6:06:00 PM
From: E. Graphs  Read Replies (1) of 221
 
Veramark and Cablesoft Form Partnership for Structured Cable and Network Infrastructure Management

biz.yahoo.com

>>TEMPE, Ariz.--(BUSINESS WIRE)--Aug. 11, 1998--Cablesoft Inc. has just agreed to a strategic partnership with the Veramark Corporation Technologies, Inc.(NASDAQ/NMS:VERA - news) in which Veramark will market Cablesoft's Crimp for Windows cable and infrastructure documentation and management software.

Veramark will market Crimp for Windows as a stand alone product and integrate it with its portfolio of call accounting, telemanagement and subscriber billing products.

Traditionally, inside cabling was managed by telephone companies. Now, it is the responsibility of each company to manage building wiring and network links. Most building management teams are growing leaner as companies focus on core competencies.

Connectivity related problems account for more than 50% of all downtime, making accurate documentation of the network and physical layer essential. Crimp for Windows provides a solution to these problems, equipping network administrators with a critical and highly flexible management tool for providing a responsive operation in an increasingly complex environment.

The software's popularity stems from its ease of use and immensely powerful relational database. With a single screen inquiry, managers can quickly determine how to deploy resources. If a circuit is interrupted, Crimp for Windows can immediately identify everyone impacted by the service outage.

As a result, the product incorporates a powerful graphical capability that displays network infrastructure, circuits and connections as an overlay on existing CAD building plans and network drawings.

Crimp for Windows allows network managers to build a hierarchical model of their IT infrastructure, providing a detailed record of the type and location of each network component. The software also makes office relocations and network maintenance more efficient and easier to manage, and dramatically simplifies troubleshooting, office relocation, disaster recovery efforts and network upgrades.

David G. Mazzella, Veramark's president and chief executive officer, commented, ''Veramark is setting a new standard for comprehensive network billing and cost control. Hundreds of millions of dollars are being spent on infrastructure upgrades and replacements in corporate multimedia networks.

''This new partnership will help our customers control hidden assets, maximize availability of critical network resources and dramatically improve overall network service quality.''

Peter Pela, president of Cablesoft, Inc. added, ''Veramark is the established international leader in telecommunications network usage management products. Our new partnership with Veramark will provide us with access to vital new market segments and customer opportunities.''

Background

Cablesoft develops IT Infrastructure Modeling Software to enable Network and Communications Managers to track and manage their investment in IT and the change control process. The Cablesoft team comprises both Development and Services divisions and has been involved in management software for IT since inception of the first Crimp product in 1987.

Other Cablesoft partners include Microsoft, Hewlett Packard, ITT Network Systems, Anixter Supply, Microtest, Autodesk and British Telecom.

Veramark Technologies Inc. is engaged in the design and production of billing and cost control systems for corporate users and providers of network communications services in the global market.

Free demonstration copies of Crimp can be downloaded from Cablesoft's Web site: www.crimp.com. For sales inquiries, contact: Peter Pela, president at Cablesoft Inc., at e-mail: ppela@crimp.com

For further information about Veramark, contact: Veramark Corp.: Robert Boxer 716/383-6803; Jim Gulley 716/383-6812; Web Site: moscom.com or veramark.com or Veramark's Investor Relations Counsel: The Equity Group Inc., Loren Goldstein 212/836-9604; Linda Latman 212/836-9609. <<
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext