SAN JOSE, CA -- May 7, 2009 -- Veraz Networks, Inc., (NASDAQ: VRAZ) the leading provider of Multimedia Generation Network application, control, and bandwidth optimization products, today announced the general availability of its IPX compliant solution, Release 5.8 of the ControlSwitchÔ VoIP switching platform. Release 5.8 delivers improved interconnection, enhanced security and reduced OPEX for wholesale operators and their mobile operators, and is being deployed in service provider networks.
ControlSwitch R5.8 includes Veraz’s Global Multimedia Exchange (GMX) offering, which is a comprehensive end-to-end architecture used by service providers building GSMA-compliant IP Packet Exchange (IPX) networks. In addition, the GMX enables operators to interconnect multiple network properties with a common IP backbone. The GMX solution delivers enhanced security and session management while reducing operating expenses through centralized management, billing, and routing. GSM and CDMA mobile operators, wholesale customers, and multi-property operators use the GMX solution as a secure platform for interconnection and a means to differentiate service offerings.
ControlSwitch R5.8 uniquely offers ISDN User Part (ISUP) variant interworking over SIP-I. This enables interconnect carriers to interwork calls using standards-based ANSI ISUP over SIP-I to any ETSI ISUP variant over SIP-I. With most other solutions, operators cannot interwork ISUP variants over SIP-I. With MTP3 User Adaption Layer (M3UA) protocol support, the ControlSwitch enables a service provider to continue to leverage legacy networks, but with the added flexibility of IP transport and available quality of service.
Release 5.8 also includes ControlSwitch optimized transcoding which reduces costs by allowing service providers to use media gateway transcoding resources more efficiently. With Release 5.8, transcoding resources can be deployed anywhere in the network and then used by any call on an individual basis. This minimizes the total cost for transcoding and maximizes voice quality by avoiding unnecessary transcoding cycles. Alternative approaches require the deployment of transcoding at each media gateway, resulting in higher capital expenditures, and frequently degraded voice quality through repetitive transcoding cycles.
“This new ControlSwitch release further extends Veraz’s leadership in VoIP network interconnect solutions,” said Dawn Hogh, Vice President, Marketing of Veraz Networks. “In addition to providing industry leading protocol interworking, R5.8 also provides valuable capital and operational savings.”
About Veraz Networks, Inc. (NASDAQ: VRAZ)
Veraz Networks, Inc. (NASDAQ: VRAZ), is the leading provider of application, control, and bandwidth optimization products that enable the evolution to the Multimedia Generation Network (MGN). Service providers worldwide use the Veraz MGN portfolio to extend their current application suite and rapidly add customized multimedia services that drive revenue and ensure customer retention. The Veraz MGN separates the control, media, and application layers while unifying management of the network, thereby increasing service provider operating efficiency. Wireline and wireless service providers in over 50 countries have deployed products from the Veraz MGN portfolio, which includes the ControlSwitch™, Network-adaptive Border Controller, I-Gate 4000 Media Gateways, the VerazView Management System, and a set of prepackaged applications. Please visit www.veraznetworks.com.
This press release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. These forward-looking statements involve risks and uncertainties, as well as assumptions that if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to, purchases of ControlSwitch Release 5.8, IPX, or GMX products and services and the potential cost savings associated with the deployment of these products and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Veraz' business is set forth in our Annual Report on Form 10-K for the year ended December 31, 2008, as filed with the Securities and Exchange Commission. These filings are available on a website maintained by the Securities and Exchange Commission at http://www.sec.gov. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.
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Veraz Editorial Contacts:
Dawn Hogh, Veraz Networks, +1-408-750-9533, dhogh@veraznet.com
Ilene Adler, Vantage Communications, +1-415-984-1970 ex102, iadler@pr-vantage.com
Veraz Investor Relations Contact:
Ron Vidal, MBS Value Partners, +1 (415) 606-6998, ron.vidal@mbsvalue.com