Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Comverse Technology -- Ignore unavailable to you. Want to Upgrade?

To: Mark Ambrose who wrote (1228)	10/10/2000 10:03:41 PM
From: Mark Ambrose	Read Replies (1) \| Respond to of 1331

RadiSys and Comverse Network Systems to Develop Embedded Solutions for Enhanced Services Equipment siliconinvestor.com ------------------------------------------------------------ RadiSys and Comverse Network Systems to Develop Embedded Solutions for Enhanced Services Equipment RadiSys Develops Strategic Partner Relationship With Comverse Network Systems HILLSBORO, Ore., Oct 10, 2000 (BUSINESS WIRE) -- RadiSys Corp. (Nasdaq: RSYS chart, msgs), a leading global designer and manufacturer of building blocks enabling next-generation Internet and communications systems, announces that it is working in conjunction with Comverse Network Systems, a division of Comverse Technology Inc. (Nasdaq: CMVT chart, msgs), the world's leading supplier of software and systems enabling network-based enhanced services, to develop next-generation embedded computing solutions for the enhanced services market. Comverse Network Systems has over 330 communications customers in more than 100 countries. RadiSys will supply embedded computer solutions to Comverse Network Systems and will be responsible for meeting their embedded computing production requirements, demand and inventory management, and product logistics. "This strategic partner relationship lets RadiSys work closely with Comverse to formulate technology and product roadmaps and to coordinate development and production schedules for future embedded computing solutions," said Arif Kareem, vice president and general manager, RadiSys. "We are confident that working with the global leader in enhanced services will further our market position and allow RadiSys to align with one of the preeminent players in the communications industry." Product developments and collaborations are based on RadiSys' best-in-class building blocks including Intel-based Pentium(R) III single board computers. In working closely with Comverse, RadiSys will leverage its expertise in designing leading-edge solutions matched with the needs of the next-generation enhanced messaging services market, thus helping to assure Comverse a shorter time-to-market cycle for delivery of its products based on RadiSys' embedded solutions. "Comverse Network Systems delivers high-performance, high-reliability systems to customers throughout the world. RadiSys was chosen to develop our next-generation embedded computers because of their professional teams and their ability to meet our demanding time to market requirements," said Menashe Rothschild, vice president of marketing for Comverse's Messaging Division. About RadiSys RadiSys (Nasdaq: RSYS chart, msgs) designs and manufactures building blocks for next-generation Internet, communications, industrial automation, medical equipment, and transaction terminal applications. As the leading independent provider to OEMs, RadiSys delivers a time-to-market advantage in a tight "virtual division" relationship with its customers. The building blocks include Intel-based embedded computers, DSP modules and algorithms, network interfaces and protocols, systems platforms, embedded software, systems engineering and integration services. RadiSys' highly differentiated position in the market is a result of its intense focus on Intel-based technology, having the broadest array of building blocks, and a "perfect fit" product development strategy using its intellectual property to design customer subsystems. About Comverse Network Systems < < snipped > > For additional information, visit Comverse Network Systems' Web site at comversens.com. RadiSys is a registered trademark of RadiSys Corporation. All other products are trademarks or registered trademarks of their respective companies. The matters discussed in this press release contain forward looking statements that are subject to the risk factors found in RadiSys' 1999 Form 10-K, and such statements should be considered in light of those factors. For more information, contact RadiSys at info@radisys.com or radisys.com or call 800/950-0044 or 503/615-1100. For press information only: Eric Stebel, Public Relations Manager, RadiSys Corp., 713/541-8200. Contact: McClenahan Bruer Communications Geoff Kann, 503/643-9035 geoff@mcbru.com or RadiSys Corporation Eric Stebel, 713/541-8200, ext. 156 eric.stebel@radisys.com