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Technology Stocks : VocalTec (VOCL) -- Ignore unavailable to you. Want to Upgrade?

To: Devil's Advocate who wrote (1668)	7/22/1998 8:48:00 AM
From: David Wiggins	Respond to of 2349

VocalTec Selects AudioCodes as an Additional DSP Card Vendor for the VocalTec Telephony Gateway 120 Series HERZLIYA, Israel & OR-YEHUDA, Israel--(BUSINESS WIRE)--July 22, 1998-- AudioCodes and VocalTec Communications Ltd. (Nasdaq: VOCLF - news), today announced an agreement that AudioCodes will supply TrunkPack series DSP cards for the VocalTec Telephony Gateway 120 series. This AudioCodes/VocalTec gateway solution is designed to work in conjunction with the VocalTec Ensemble Architecture to provide full global network solutions for carriers worldwide. VocalTec and AudioCodes have been working on the integration of the AudioCodes DSP cards into the VocalTec Telephony Gateway since the first quarter of 1998. The product is available now for field trials. ''VocalTec's policy is to have multiple suppliers to give our customers cutting edge and competitive products,'' said Dr. Elon Ganor, CEO and president of VocalTec Communications. ''We are working with all our providers to bring to market full network solutions that support quality, global commercial services. Known for their outstanding capabilities in DSP-based signal processing and voice over packet technology, AudioCodes is a strong addition to our growing list of strategic suppliers.'' ''AudioCodes is proud to become a strategic supplier for VocalTec, the leader in the IP telephony industry,'' said Shabtai Adlesberg, CEO and president of AudioCodes. ''This agreement recognizes our superior quality and technology for the emerging IP telephony industry.'' About VocalTec: VocalTec Communications software enables audio, video, data, text and collaborative communications between personal computers and other devices over IP networks. The company is a leader in developing innovative, open standards products that bridge IP networks and the traditional public switched telephone network (PSTN) and drive the convergence of computing and telephone technologies. For the latest company information, visit VocalTec on the World Wide Web at vocaltec.com. About AudioCodes: AudioCodes is a provider of Voice over Packet server boards, custom modules and voice compression chips. The company was established in 1993 and has its headquarters and R&D design center in Or Yehuda, Israel. Sales and marketing for North American operations are in San Jose, California. AudioCodes is privately held by its founders and venture investment funds. AudioCodes holds key patents that are an essential part of ITU standards for the emerging market for IP packet telephony. AudioCodes' customer base includes leading telecom and datacom manufacturers developing CPE products for IP telephony, voice FRAD's and ATM multiplexers integrating LBR voice. NOTE: VocalTec(R), Internet Phone(R), Internet Phone Company(tm), Community Browser(tm), Atrium(tm), VocalTec Ensemble Architecture(tm), VocalTec Telephony Gateway(tm), Surf&Call(tm), VocalTec Gatekeeper(tm) and VocalTec Network Manager(tm) are trademarks or registered trademarks of VocalTec Communications Ltd. Other trademarks are the property of their respective holders. Certain statements contained in this release may contain forward-looking information with respect to plans, projections or the future performance of VocalTec Communications, the occurrence of which involves certain risks and uncertainties, including, but not limited to, product and market acceptance risks, the impact of competitive pricing, competitive products, product development, commercialization and technological difficulties and other risks detailed in the Company's reports filed from time to time with the Securities and Exchange Commission.