Summa Four Announces Strategic VAR AGREEMENT with Visual Telesystems Alliance To Deliver Standards-Based, Telco-Class Switching for Internet/PSTN Messaging
[Reminder, SUMA is getting married (adopted?) to CSCO]
August 27, 1998
MANCHESTER, N.H., Aug. 26 /PRNewswire/ via NewsEdge Corporation -- Summa Four, Inc., (Nasdaq: "SUMA"), announced today that it has signed a strategic agreement with Visual Telesystems, Inc., a developer of advanced messaging services, based in Wakefield, Massachusetts. Visual Telesystems will be utilizing Summa Four's high-density, full-featured VCO/4K switch to develop applications for the rapidly growing Voice over Internet Protocol (VoIP) market.
Visual Telesystems' customers will benefit from the ability to offer new and innovative services that span both the data and voice services market, allowing service providers to expand their customer bases and differentiate themselves in this highly competitive market. Visual Telesystems is currently implementing advanced messaging products for consumer and business usage which embrace emerging Internet technology while fully supporting legacy telephony devices.
"Summa Four switches conform to all telco standards and are designed with the interfaces, capacity, scalability and flexibility to bridge the converging worlds of the Internet and the PSTN," said Robert Degan, president and chief executive officer, Summa Four. "That makes our VCO/4K the ideal switching platform for Visual Telesystem's innovative messaging solutions. "
About Summa Four
Summa Four is a leading worldwide provider of open, programmable switching platforms that enable telecommunications providers worldwide to build networks that support the rapid deployment of new wireline and wireless services. An ISO 9001 certified company, Summa Four is headquartered in Manchester, NH, and has sales, service and support offices in the United States, U.K., Singapore, and Japan.
About Visual Telesystems
Visual Telesystems, Inc. is a development-stage company currently implementing advanced messaging products for both consumer and business use. Visual Telesystems has developed patent-pending technology that makes it easier to enable dedicated, handheld devices and PCs to easily communicate any media over packet-switched or circuit-switch networks. Visual Telesystems is headquartered in Wakefield, MA.
This document contains certain forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. For this purpose, any statements contained herein that are not statements of historical fact may be deemed to be forward looking statements. Without limitation, the words "are designed to", "is scheduled to", "will ", and similar expressions are intended to identify forward-looking statements. Such forward looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, but are not limited to, unanticipated delays or difficulties in commercial development of the intended applications for the VoIP market, fluctuations in customer demand, intensity of competition from other vendors, and general economic and industry conditions, as well as other risks included in the Company's periodic reports filed with the Securities and Exchange Commission. Summa Four assumes no obligation to update the information contained in this press release.
Product and service names used within are trademarks, registered trademarks and service marks of their respective owners.
SOURCE Summa Four, Inc.
/CONTACT: David Ball, Director, Marketing Communications of Summa Four, Inc., 603-625-4050, ext. 2322, ball@summa4.com or Amy Conefrey, ext. 235, aconefrey@webergroup.com, or Bill Golden, ext. 257, bgolden@webergroup.com, both of The Weber Group, 617-441-4000 or Kenneth M. Osowski, Vice President, Sales & Marketing of Visual Telesystems, Inc., 781-246-2222, osowskik@visualts.com/
[Copyright 1998, PR Newswire] |