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Operax Awarded 2007 European ICT Prize

7:08 am   -   March 21st, 2007

Operax has been awarded the 2007 European ICT Prize at CeBIT, Hannover for its product, Operax Bandwidth Manager 5500. This recognizes Operax’s innovation for the provision of carrier grade solutions for Quality of Service Control in multi-service converged all-IP networks.

The European ICT Prize is organized by Euro-CASE, the European Council of Applied Sciences, Technologies and Engineering, with the sponsorship and support of the European Commission. It supports technological and business potential, and is awarded to companies for new and imaginative products and services based on information and communications technologies. Operax was among 20 winners selected from 450 companies around Europe .

“This is a great recognition for Operax Bandwidth Manager 5500, and we are truly honored to be awarded the ICT Prize”, says Chris Merrick, Chief Marketing Officer, Operax. “It validates Operax’s approach to the commercial development of Bandwidth Management solutions for QoS Control in convergent all-IP networks.”

Throughout the world region telecommunications operators are seeking to maximize their Returns on Investment in Next-Generation Networks. In converged broadband networks, providing guaranteed Quality of Service is a cornerstone capability, and essential for the successful commercial deployment and operation of new solutions, such as IPTV and IMS-based services. For carriers seeking these capabilities today, Operax provides flexible Bandwidth Management solutions for real-time, end-to-end QoS Control.

Operax Bandwidth Manager 5500 is a standards-based (ETSI TISPAN, ITU-T), carrier-grade Quality of Service (QoS) Control product for telecommunications network service providers that operate a multi-service Next-Generation Network. It provides real-time guaranteed QoS per session in access and aggregation networks and enables operators to deploy and mix services such as VoIP, IPTV, Video on Demand, and IMS-based services, with guaranteed service performance, on a shared infrastructure. Operax Bandwidth Manager 5500 supports multiple services and works across multiple vendor solutions and network technologies.

About Operax
Operax provides carrier grade solutions for QoS Control in Multi-Service Networks where resource and policy based admission control (RACS) is required. The Operax Bandwidth Manager is ETSI-TISPAN and ITU-T compliant and ensures end-to-end transport QoS for any IP service or application. Operax solutions give service providers and network operators the ability to introduce new services rapidly and to realize new revenue streams, reduce capital expenditures and increase operational efficiency.

Founded in 2000, Operax is a privately held company with headquarters in Stockholm and offices in Luleå - Sweden , London , Rome , Seoul and Washington DC . The company is owned by Nordic Venture Partners, Innovacom, Nomura and Emano, along with its founders. For more information, please visit www.operax.com

About Euro-CASE
The European Information and Communication Technologies Prize is organized by Euro-CASE with the support and sponsorship of the European Commission. Euro-CASE is a European non-profit organization of national academies of Engineering, Technologies and Applied Sciences from 20 European countries. For more information, please visit: http://www.ict-prize.org



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