16.12.2008 13:00:00
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Bangla Trac Communications Deploys Veraz I-Gate 4000 PRO Bandwidth Optimization Solution
Veraz Networks, Inc., (NASDAQ:VRAZ) the leading provider of Multimedia Generation Network application, control, and bandwidth optimization products, today announced that Bangla Trac Communications is deploying the Veraz I-Gate 4000 PRO high-density bandwidth optimization system to interconnect their sites in London, Hong Kong and Dhaka.
Bangla Trac, a new entrant in the Bangladeshi telecom market, is a provider of international gateway services. Veraz’s advanced voice and signaling compression technology enables the I-Gate 4000 family of bandwidth optimization systems to provide high compression rates without sacrificing voice quality. The I-Gate 4000 PRO supports both TDM and IP transmission infrastructure and can be used in static trunking and switched applications.
"Veraz’s I-Gate 4000 PRO provides Bangla Trac with a flexible platform for interconnecting our international PoPs,” said Nazim Haque, Chairman of Bangla Trac Communications. "The high compression rates achievable with the I-Gate 4000 PRO enable Bangla Trac to offer high quality voice services while minimizing the cost of our network.”
"Veraz is pleased to be working with Bangla Trac as they establish themselves as a leading provider of international gateway services,” noted Daniel Kwan, Veraz Vice President, Sales, Asia Pacific Region. "We look forward to continuing to support them as their network grows.”
Veraz Networks is the leader in the development and deployment of advanced TDM and IP bandwidth optimization products for both fixed and mobile network operators.
About Bangla Trac Communications
Bangla Trac Communications Limited is a new entrant in the telecom sector of Bangladesh as a licensed IGW. The company was awarded the license for the international gateway through a competitive auction in February 2008.
The International Gateway License enables Bangla Trac Communications Limited to act as one of the four licensed operators who can route incoming and outgoing international calls to and from Bangladesh. The license further stipulates that each of the operators is guaranteed at least 20% of the outgoing calls from Bangladesh and the potential to capture the outstanding 20%. Bangla Trac Communications Limited is committed to become the Bangladeshi gateway of choice for major carriers globally.
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, sales and markets for the Veraz I-Gate 4000 PRO media gateway family, sales or products and services in Bangladesh 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's business is set forth in the "Risk Factors" section in our Annual Report on Form 10-K for the year ended December 31, 2007 and our Quarterly Report on Form 10-Q for the quarter ended September 30, 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.
VRAZ-IR
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