Some O/T ATEC news. Did ATEC has Y2K remediation tools prior to TPII?
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ATEC Group Inc. and Switch Now Inc. to Integrate VOIP Into Its Telecom Switch
December 17, 1998
HAUPPAUGE, N.Y.--(BUSINESS
WIRE)ATEC Group Inc.
(Nasdaq:ATEC) and
telecommunications
co-marketing partner, Switch
Now Inc., announce the
releasing of a Voice over IP
(VOIP) platform into a carrier
grade switch.
This unique integration of VOIP
enables the company to
drastically reduce the
traditional constraint of IP
overhead by allowing the
placing of ten calls on a single
64kbps channel, while
preserving "toll quality."
Switch Now Inc., provider of
"MATIS" (multifunction digital
telecom switch), the most
advanced platform in the
telecommunications industry,
has evolved as a worldwide
telecommunications solutions
provider since its integration
into the ATEC Group and the
opening of its long distance
division. With "MATIS," the
company provides a
competitive advantage for the
carriers at which it has been
deployed for the last five
years. In addition to managing
all the carriers' value added
applications until now, "MATIS "
now integrates toll quality
Voice over IP. Tested for the
last couple of months in the
labs and offices of one of the
world's top five carriers, "
MATIS," with its integrated
VOIP and H.323 modules, is
now successfully operational
for international
telecommunications.
With Voice over IP and H.323,
simply another least cost
routing option for "MATIS," all
existing applications -- Debit
cards, Calling Cards, Virtual
Private Networks, and Universal
numbers -- benefit from the
latest voice and data
integration technology as a
new routing solution.
Switch Now's CEO Alexandre
Brown states, "Today's
telecommunications is an
increasingly complex industry.
We understand our customers'
needs and strive to deliver
solutions providing a
competitive edge quickly and
efficiently. Thanks to our
recently established
partnership with one of the top
three U.S. long distance
carriers, Switch Now is now
able to provide business digital
high quality telecom services at
the best rates, without
investing into sophisticated
equipment."
Surinder Rametra, CEO of
ATEC, states, "Our entry into
the telecommunications
industry with Switch Now was
instrumental in our marketing
strategy. The development and
integration of the VOIP in
Switch Now's carrier business
products is significant in
assisting both of our
organizations in providing the
competitive edge to our valued
customers."
Based in Hauppauge, N.Y.,
ATEC Group Inc. is a leading
system integrator and provider
of a full line of information
technology service products.
As a one-stop solution provider
for the computer needs of
businesses, professionals,
government agencies and
educational institutions, ATEC
enters the new millennium with
a technological arsenal that
includes Year 2000 remediation,
multimedia products, video
conferencing, system
integration, networking, high
speed data transmission,
Internet, and Intranet ready
solutions. In addition, the
company has positioned itself
for growth in
telecommunications,
outsourcing of IT professionals,
and offshore software
development to provide its
clients' technological needs in a
cost effective manner.
Safe Harbor Statement under
the Private Securities Litigation
Reform Act of 1995: The
statements which are not
historical facts contained in
this press release are
forward-looking statements
that involve certain risks and
uncertainties including but not
limited to risks associated with
the uncertainty of future
financial results, additional
financing requirements,
development of new products,
government approval
processes, the impact of
competitive products or pricing,
technological changes, the
effect of economic conditions
and other uncertainties
detailed in the company's filings
with the Securities and
Exchange Commission.
<<Business Wire, 12-16-98,
07:30 Eastern>> |
