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Technology Stocks : Vertel (VRTL) 10xbagger in the making -- Ignore unavailable to you. Want to Upgrade?


To: SteveG who wrote (335)2/11/2000 8:34:00 AM
From: Don Hand  Read Replies (1) | Respond to of 465
 
Vertel Chosen by Alcatel, USA To Provide Number Portability/ALR
Flexible Routing Technology

Vertel's OSS Interconnect Interface will be Used to Provide Number Portability/ALR Flexible Routing to Subscribers of
Cellular Network

WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Feb. 11, 2000-- Vertel Corp. (Nasdaq:VRTL - news), a leading provider of mediation software for
telecommunications networks, announced today that Alcatel, USA has chosen Vertel to develop a software component for the Local Subscriber Management
Service(LSMS) that will interface with Alcatel's STP to provide Number Portability/Application Location Register (ALR) Flexible Routing solutions.

Number Portability, the ability for customers to select and change service providers while keeping the same number, is expected to continue to grow over the next
several years. ALR Flexible Routing provides the capability to support multiple Home Location Register (HLR) within a mobile customer's network.

''Through the development of this solution, Vertel is enabling us to help our customers' subscribers select the best phone service that meets their needs, without
having to change their phone number,'' said Phil McStravick, Vice President/GM of Alcatel's Signaling Server Products. ''Vertel's domain knowledge, development
software and engineering resources will help reduce our time to market, providing our customers with the confidence of tried and tested solutions in a regulated
market segment.''

Number Portability is required by service providers worldwide to promote competition. ALR Flexible Routing is required to manage mobile networks in an
exploding wireless market. Bruce Brown, president and chief executive officer of Vertel commented, ''We are excited about working with Alcatel to enable
worldwide service providers to meet regulatory and commercial requirements for the 21st century.''

During Vertel's multi-year relationship with Alcatel, Vertel has completed projects for billing call detail records, developed a TMN based management interface for
Alcatel SONET & SDH networks, and created CORBA interfaces for Alcatel xDSL services.

About Alcatel

Alcatel builds next-generation networks, delivering integrated end-to-end voice and data solutions to established and new carriers, as well as enterprises and
consumers worldwide. With 120,000 employees and sales of EURO 21.3 billion ($25.0 billion), Alcatel operates in more than 130 countries. For more information
about Alcatel, visit alcatel.com.

About Vertel

Vertel is a leading provider of mediation software for telecommunications networks enabling such devices as cellular phones to become an integral, intelligent part of
a company's network topology. The company's pioneering mediation software, e*ORB(TM) is being adopted by top telecommunications, e-business and
manufacturing companies. Vertel offers a variety 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 develops turnkey management applications that fit individual customer requirements through its Professional Services Unit. The company is based in
Woodland Hills, Calif., and has sales offices throughout the world.

For more information on Vertel or its products, contact Vertel at 21300 Victory Boulevard, Suite 700, Woodland Hills, Calif. 91367; telephone: 818/227-5735;
fax: 818/227-5741 or visit the Vertel Web site at vertel.com.

''Safe Harbor'' Statements under the Private Securities Litigation Reform Act of 1995: Except for the historical information presented, the matters discussed in this
news release are forward looking statements. These statements should be evaluated together with the many risks and uncertainties that affect our business, including
timely and successful development of products and technologies; successful introduction and customer acceptance of new and enhanced products and technologies
in existing and new markets; the possibility that delays or difficulties will arise in implementing complex products and technologies and enabling them to work
successfully with other complex products and technologies; the possible development and introduction of competitive products and new and alternative technologies;
pricing, currency and exchange risks; governmental and regulatory developments affecting Vertel and its customers; the ability to identify, conclude, and integrate
acquisitions on a timely basis; the ability to retain and attract key personnel; and other risks and uncertainties detailed from time to time in public disclosure filings
with the U.S. Securities and Exchange Commission (SEC) by Vertel, including, but not limited to, the Annual Report on Form 10-K for the year ended Dec. 31,
1998 and the Quarterly Report on Form 10-Q for the quarter ended Sept. 30, 1999.

NOTE TO EDITORS: In the product name e*ORB noted in this news release, there is an asterisk between e and ORB. This symbol may not appear properly in
some systems.

Contact:

Vertel Corp.
Sandy Christopher, 818/227-5735
sandy-christopher@vertel.com
Karin Hollink, 818/227-1478
karin-hollink@vertel.com
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