Convergys Corporation (NYSE: CVG), a global leader in customer care, human resources, and billing services, announced today that its Chief Financial Officer, Earl Shanks, will be presenting at the UBS Enterprise & Technology Service Conference in New York. [Read more…]
GN Combines Industry-Leading Jabra and GN Netcom Brands to Create the World’s Largest Headset Company
GN, parent company of GN Mobile and GN Netcom, announced they are combining their two headset businesses to create the world’s largest manufacturer of headsets for hands-free communication such as the popular GN 9350, the GN 9330, and the GN 9330 USB. The new business will employ about 1,800 people and expects revenues for 2006 of approx. DKK 2.7bn (US$450 million) in the former GN Mobile and at least DKK 1.8bn (US$300 million) in the former GN Netcom.
“Some years ago, we set out our vision for the future; one in which everyone will be using wireless headsets whether they’re in the office, at home or on the move,” said Hans Henrik Lund, president of the new headset business. “Today’s announcement is part of the changes we are implementing in order to make our vision a reality.”
As the leading innovators in the global headset industry, GN Netcom and GN Mobile have developed and launched some of the most successful products in the history of the wireless headset market, including the widely popular Jabra mobile headsets and GN Netcom office headset solutions. Both brands are distributed through 90,000 sales channels worldwide, including carriers and system integrators as well as leading consumer electronics chains and mobile phone specialists. Joining forces will enable the new company to sustain high growth and innovation leadership. [Read more…]
Veramark Announces First Quarter Results
Veramark Technologies, Inc. (OTCBB: VERA) announced financial results for the first quarter ended March 31, 2006. For the three months ended March 31 Veramark reported sales of $2,444,000 which compared with sales of $2,626,000 for the first quarter of 2005. Veramark reported a net loss of $57,000, or $0.01 per share, a slight improvement from a net loss of $85,000, also $0.01 per share, reported for the first quarter ended March 31, 2005.
Veramark’s President and Chief Executive Officer, David G. Mazzella, commenting on the results stated,
“Though first quarter results did not meet our expectations, revenues generated from VeraSMART, our enterprise level product increased 20% in the first quarter of 2006 versus the prior year. Secondly, orders booked for the first quarter were 14% higher than for the same quarter of 2005. The first quarter has historically been Veramark’s weakest quarter in terms of orders booked.”
Mr. Mazzella stated further, “During the first quarter we recruited additional marketing and sales personnel. We added six new sales people, including a new Director of Business Development and Marketing and a new Director of International Business Development, both of whom previously were employed by major competitors. Both bring valuable experience and market expertise to Veramark.” [Read more…]
Rapid Link Signs Agreement to Acquire Telenational Communications
Rapid Link, Inc. (OTC Bulletin Board: RPID.OB), one of the leading providers of Internet Phone services to niche markets like the military, today announced signing of the definitive Stock Purchase Agreement for the acquisition of Telenational Communications, Inc. The closing of the Telenational transaction is contingent upon Rapid Link’s receipt of necessary financing to complete the acquisition. The Company is working with a well-known investment banking firm to assist it in the fundraising process and has been in ongoing discussions with a number of potential investors. Rapid Link remains confident that it will secure the necessary financing on terms that are acceptable to it within the time period required to consummate the Telenational transaction.
“We are very excited to have cleared all of the major hurdles in finalizing this acquisition,” stated John Jenkins, CEO of Rapid Link. “We can now focus on closing the financing and combining the two entities. Telenational has consistently been net income positive over the past few years which will significantly improve our bottom line going forward.”
“Operationally, this is an ideal fit bringing together two competitors who both have expertise serving military personnel. We are able to further support that strengthened position with the availability of better products through Rapid Link’s new Sysmaster VOIP system,” commented Chris Canfield, President of Telenational. “I am very excited about the future of our new combined Company, and I believe that we will be recognized as one of the premier VOIP companies specializing in niche market opportunities.” [Read more…]
Helio Mobile Service Launched
HELIO LLC, a new mobile service designed for young, connected consumers, has announced its immediate nationwide availability through helio.com, 888-88-HELIO and through approximately 1,000 retail locations by the end of May.
“Helio is custom-built for the lifestyle of young people who have their mobile device at the center of their universe,” said Sky Dayton, CEO HELIO LLC. “Mobile devices are with us all the time and they shouldn’t be limited to making calls, sending text messages and downloading content. With Helio, mobile is about staying connected in innovative ways where sharing your world includes content like videos and games, or unique personalization that you know your friends will love. These are things that have been happening on the Internet for years, but haven’t been taken mobile – until now.”
Helio’s service leverages the power of 3G plus the multimedia features of its exclusive launch devices – Hero and Kickflip™ – to give its members unique community features like MySpace on Helio, gifting and begging of content, group picture and video messaging, and dynamic news feeds to keep them connected to friends and information in new, unique ways. [Read more…]
Schema Announces Agreement for Transport Network Optimization with Major North American Wireless Service Provider
Schema, a global provider of network optimization software solutions, announced today that it signed a multi-million dollar agreement providing transport network optimization to a major North American wireless service provider. According to the agreement, Schema will provide the operator with an enterprise license which will enable the carrier to optimize their entire transport network across the United States, resulting in significant OpEx reductions. [Read more…]
Evidian launches the third generation of Single Sign-On tools
Evidian, European leader in Identity and Access Management (IAM), today announces the launch of WiseGuard 3G (third-generation), the latest component of its AccessMaster software suite. This innovative software solution responds to the needs of both public and private sector organizations who want to reinforce access control to applications and enhance their audit capabilities, particularly to guarantee compliance with regulations such as Sarbanes-Oxley, Basel II and LCNE, while increasing user productivity. [Read more…]
PacificNet’s Subsidiary Guangzhou Wanrong Awarded ‘Most Promising Enterprise’ for Mobile VAS Technology Innovation
PacificNet Inc. (Nasdaq: PACT – News), a leading provider of Value-Added Services (VAS), Interactive Voice Response (IVR) platform, CRM and telemarketing services in China, announced today that its subsidiary Guangzhou Wanrong Information Technology Co., Ltd. (“Guangzhou Wanrong,” http://www.my2388.com), one of the leading providers of mobile applications and value-added telecom services in China, was awarded the “Most Promising Enterprise” by Guangdong Software Industry Association (http://www.gdsia.org.cn). [Read more…]
TANDBERG 3G Mobile Video Applications Drive Revenues and Provide Competitive Advantage for Service Providers
Assisting service providers in delivering video content and interactive videoconferencing to mobile consumers, TANDBERG (OSLO:TAA.OL) today introduced unique 3G video capabilities that enable service providers, including mobile operators and content providers, to differentiate their offerings and maximize their revenues. [Read more…]
Teleca Limited Telco Systems Integrator to Resell Opsware IT Automation Software
Opsware Inc. (NASDAQ:OPSW), the leading provider of IT Automation software, today announced the expansion of its global reseller network with the addition of Teleca Limited, a leading pan-European Systems Integrator and provider of IT Operational and Business Support Systems (OSS & BSS). Based in the UK with a parent company in Sweden, Teleca will distribute Opsware’s IT automation software globally, with an emphasis in the UK, Eire, Norway, Sweden, Finland, Denmark and Iceland. [Read more…]
Satyam inducts Nick Sharma as Global Head for Infrastructure Management Services
Satyam Computer Services Ltd., a global consulting and IT services provider recently announced the appointment of Mr. Sreenidhi ‘Nick’ Sharma as Senior Vice President for its Infrastructure Management Services (IMS). Nick will build the Company’s competencies in the Infrastructure Management Services around application of information and network technology. Nick will operate out of Boston, USA. [Read more…]
Telecom Analyst Berg Insight Says Insurance Companies Pushing for Wireless M2M in Security systems
Insurance companies across Europe pay close attention to the latest achievements in wireless M2M security technology, according to a new report from the telecom analyst firm Berg Insight. Today, clients are frequently advised to install security systems that take advantage of wireless communication networks and satellite positioning when applying for an insurance policy. “If you buy a high-class luxury car in any European country today, your motor insurer will most probably require that it is equipped with a GSM/GPS anti-theft systemâ€, says Tobias Ryberg, senior analyst at Berg Insight. He adds that insurance industry organisations in four European countries – Belgium, the Netherlands, Norway and the UK – have developed national industry standards for approval of vehicle tracking devices in order to give guidance to their customers regarding the choice of car security systems. [Read more…]
Helio and Yahoo! Partner to Offer Mobile Access to Internet Services
HELIO LLC, a mobile service built for young, connected consumers, and Yahoo!(R) Inc. (Nasdaq:YHOO), a leading global Internet company, today announced a relationship to give Helio members access to one of the most extensive suites of Yahoo! services available from any mobile brand. Through this relationship, Helio members will stay connected to their favorite Yahoo! services such as Yahoo! Search, Yahoo! Mail, Yahoo! Messenger, Yahoo! News, Yahoo! Sports and more on Helio’s 3G services.
“There are millions of people who use Yahoo! as their online hub of connectivity and who align with Helio’s target market,” said Sky Dayton, CEO, HELIO LLC. “By extending Yahoo! services to the Helio platform, we’re giving these people the opportunity to access their information and connect with friends from virtually anywhere nationwide — away from the PC — all through a familiar experience.”
Helio and Yahoo! will also continually work to introduce new Yahoo! services to Helio members. This includes Yahoo! Go for Mobile, a full range of Yahoo!’s leading community, information and content services integrated into a single complete product experience. In addition, Yahoo! and Helio will co-market the services across the Yahoo! network and other Helio marketing channels. The marketing efforts will showcase how easily Yahoo! users can extend their experience into the mobile environment with Helio’s 3G network and high-end devices. [Read more…]
Partner Communications Selects RADCOM’s UMTS Monitoring Solution
RADCOM, Ltd. (NASDAQ: RDCM – News), a leading network test and service monitoring solutions provider, today announced that Partner Communications Company Ltd. (“Partner”), (NASDAQ: PTNR – News), a leading Israeli mobile communications operator, selected its UMTS monitoring solution. The Omni-Q system enables Partner to manage 3G service performance across various local sites from a single control center.
[Read more…]
Comverse to Acquire VoIP Application Leader Netcentrex SA
Comverse Technology, Inc. (NASDAQ: CMVT) today announced that Comverse Inc. has signed a definitive agreement to acquire privately-held Netcentrex S.A., for approximately $164 million in cash, subject to certain adjustments and a contingent earnout of up to an additional $16 million. The actual amount of the contingent earnout payment, if any, will be determined based upon achievement of certain financial targets by the Netcentrex business during the remainder of fiscal 2006 and for fiscal 2007. [Read more…]
Samsung Unveils IP-based Multimedia Subsystem – Enables Global Availability of Converged Telecommunications Services via WiMAX Network
At the annual CTIA Wireless 2006 trade show, Samsung Telecommunications America (Samsung) unveiled today its IP-based Multimedia Subsystem (IMS) solution that will enable the global availability of converged telecommunications services via a WiMAX network. The latest product portfolio consists of two elements that support the IMS solution — the Radio Access Station (RAS) and the Access Control Router (ACR).
The IMS network, which is the basis of Samsung’s WiMAX platform, will deliver high-speed services like voice, video conferencing and instant messaging, to rural and suburban locations not accessible by current technology. The solution also will create broadband “hot zones” in more densely populated areas. [Read more…]
Narus Launches NarusInsight 5, Widens Lead in Carrier-Class IP Security, Intercept and Traffic Classification
Narus, Inc. today announced the next generation of NarusInsight(TM), the only carrier-class IP traffic processing system that provides the complete, real-time network visibility essential to secure, manage and deliver Services over IP (SoIP). As the foundation for the industry’s most advanced IP security, intercept and traffic classification applications, NarusInsight is unique in its ability to simultaneously provide deep-packet inspection from layer 2 to layer 7 and complete correlation across every link and element on the network — all at core carrier speeds. NarusInsight 5 now processes full-packet layer 7 traffic at speeds up to OC-48 (2.5Gb/sec) and layer 4 traffic at speeds up to OC-192 (10Gb/sec), providing carriers with the flexibility and superior price performance benefits associated with deploying at both the network edge and the high-speed core. In addition, NarusInsight 5’s new security application modules (the NarusInsight Secure Suite) feature the industry’s first entropy-based security algorithms, providing telecom carriers with unprecedented early detection of sophisticated new-breed anomalies such as low-volume and polymorphic worms, layer 7 protocol attacks, and application attacks. [Read more…]
NexusHORIZON Selected by BT
Nexus Telecom has won a large six-year contract to supply BT with NexusHORIZON, a comprehensive network performance management solution. The new deployment will include the newest feature of NexusHORIZON: automated Service Level Verification (SLV), a rules-based threshold detection facility which automatically informs an operations centre when key performance indicators reach critical thresholds. [Read more…]
Openwave Gets Personal at CTIA Wireless 2006
Openwave Systems Inc. (Nasdaq: OPWV), the leading provider of open software products and services for the communications industry, today announced the Company will showcase a variety of next-generation information, communication and entertainment solutions and services enabled by Openwave during CTIA Wireless 2006 (Booth #536) in Las Vegas, Nevada on April 5-7. [Read more…]
US LEC Launches Nationwide Dedicated Internet
US LEC Corp. (Nasdaq: CLEC), a full-service provider of IP, data and voice solutions to businesses and enterprise organizations throughout the Eastern United States, today announced the launch of its nationwide dedicated Internet service that delivers advanced data and dedicated Internet solutions across the United States. [Read more…]
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