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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (12217)	12/17/1999 9:11:00 AM
From: DENNIS TULLY	Read Replies (1) \| Respond to of 59879

VRTL...NEWS.... Friday December 17, 8:30 am Eastern Time Company Press Release Samsung Selects Vertel's Embedded Telecommunications Systems as Corporate Standard for Transmission Platforms Korean Electronics Giant to Employ Vertel's Network Management Platform to Help Build Next Generation Broadband Transmission Solutions WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Dec. 17, 1999-- Vertel (Nasdaq:VRTL - news), a leading global provider of carrier-grade network management solutions announced today an agreement with Samsung Electronics Co., Ltd., in which Samsung will license key embedded components of Vertel's network management development suite for use in its high-speed broadband transmission equipment. Samsung will also incorporate Vertel's embedded platform as a corporate standard for interoperability among its broadband systems. The agreement extends over the next five years. ''Throughout our six year relationship, Vertel has always demonstrated a commitment to meeting our strict requirements for flexibility, scalability, high-performance in network management solutions,'' said Hong Soon Ho, VP of Information and Communication Business at Samsung Electronics. ''With Vertel's products, we are able to reduce development time and focus our engineering resources on maximizing quality and lowering time to market.'' The agreement will enable Samsung Electronics to implement Vertel embedded intelligent network management solutions in Samsung's key transmission equipment projects including its Fiber Loopback Carrier (FLC) and Synchronous Digital Hierarchy (SDH) systems. These systems support the fiber optic backbones of high-bandwidth optical networks worldwide. Contract Expands Vertel's Position in the Korean Market Vertel's relationship with Samsung demonstrates the company's continued penetration into the Korean telecommunications market. During September 1999, Vertel announced another important contract for network management development projects in Korea. ''Developing strategic partnerships with industry leaders such as Samsung is the cornerstone of our strategy of building Vertel's presence in the global telecom market,'' said Bruce Brown, president and CEO of Vertel. In addition, Vertel's recent international projects include network management, mediation and customized solutions for both wireless and wireline equipment manufacturers and service providers in China, Japan, Latin America, Europe and the Middle East. Vertel to Showcase New eORB Platform in Seoul Leveraging the company's growing presence in the Korean marketplace, Vertel is using the company's current road show in Seoul as a springboard for introducing its new eORB object management platform to the Korean telecommunications industry. ''Aggressive markets, such as Korea, are embracing next generation technologies including optical and wireless broadband networks at a very fast rate,'' said Brown. ''We see a tremendous affinity with our next generation CORBA platform in these markets and expect to garner considerable interest in eORB among our Korean partners.'' eORB is the first commercially available Object Request Broker (ORB) optimized specifically for the telecommunications industry. Unique among existing ORB platforms, eORB is compliant with the MinimumCORBA specification, and can be extended to incorporate CORBA features as required by the telecom market. This scalability allows eORB to be embedded into a wide variety of network devices ranging from high-capacity optical switches and terabit routers to high-end handheld devices and set-top boxes. Vertel recently announced that Tellium, a company that designs and manufactures networking products that create intelligent optical networks, chose Vertel's e*ORB for its new Aurora Optical Switch Line (512 series). About Vertel Corporation Vertel is a leading global provider of carrier-grade, broadband Internet software infrastructure and management solutions. Vertel offers a wide range of technologies and applications, supporting end-to-end network and service management with the highest quality of service for network operations. Vertel's solutions are deployed worldwide by service providers, network operators, software vendors, and systems integrators. Vertel also delivers turnkey management applications that fit individual customer requirements through its Professional Services Unit. The company is based in Woodland Hills, California and has sales offices throughout the world. Contact Vertel on the World Wide Web at www.vertel.com. About Samsung Samsung Electronics Co., Ltd., a US $17 billion (1998) flagship company of Korean-based Samsung Group, is a world leader in electronics, with operations in more than 50 countries and 75,000 employees worldwide. For more information, please visit the web site at www.samsungelectronics.com.