01.10.2007 11:00:00

Pathway Communications Launches Voice Services Using Comverse VoIP Solution

Comverse, a subsidiary of Comverse Technology, Inc. and the world's leading supplier of software and systems enabling network-based multimedia enhanced communication and billing services, today announced that Pathway Communications, a leading Canadian provider of Internet solutions, has launched voice services using the Comverse MyCall® Converged Communications and Converged IPCentrex™ Solutions. The services include a full range of hosted telephony services for residential VoIP, and IP Trunking and IPCentrex™ for business subscribers. Comverse VoIP solutions also enable Pathway to deliver turnkey services to resellers, Virtual Service Providers (VSPs), who can immediately offer a complete set of data and voice services to their subscribers under their private brands. "The hosted Applications Service Provider (ASP) model is experiencing a revival with the advent of VoIP services as small and medium businesses are realizing the cost-savings passed on by resellers,” said Ashok Kalle, Founder and CEO of Pathway. "Resellers and small businesses trust service providers like Pathway that have a proven record of reliability and customer service. Expanding into voice was a key part of our growth strategy and therefore, we needed to select a solution provider with a robust and high capacity system and Comverse’s IP Communications solutions answered that need and more, by giving us the capability to be a world-class wholesale ASP.” As a key component of the solution, the Comverse Telephony Application Server (TAS) delivers complete pre-integrated IP telephony, including advanced features, integrated applications (network announcements, voicemail, IVR, conferencing and attendant console), end-to-end quality of service, call control and web-based self-care. Extending beyond end user VoIP services, Pathway’s TAS has established full interoperability with other vendors for Class 4 Peering, routing and seamless real-time billing. "Pathway has grown quickly as a result of its forward-thinking exemplified in this launch of voice services with our VoIP solutions,” said Ramesh Barasia, President of Comverse Americas. "Our hosted VoIP system enables Pathway to scale profitably with carrier-class reliability to support large numbers of VSPs and tens of thousands of end users. Our IP Communications portfolio is field-proven worldwide in enabling communication service providers to deliver IP telephony, converged communications and FMC services for both consumer and enterprise markets.” About Pathway Communications Pathway Communications (www.pathcom.com) is a Canadian ISP offering integrated Internet solutions to businesses and residential customers. Pathway was established in 1995 and grew from a start-up to one of Canada's largest, privately owned Internet Solutions companies within five years. It was the first Canadian company to offer a unified portfolio of Internet, Network Integration and E-commerce services from a single source, under one bill, and operates out of a premium facility located at 105 Commerce Valley Drive West, Markham. Pathway has the distinction of being showcased as a success story by Sun Microsystems and was the first Internet Service Provider in the world to acquire ISO 9002 certification. Pathway is now proud to be certified under the new ISO 9001-2000 standard. About Comverse Comverse is the world’s leading provider of software and systems enabling network-based messaging and content value-added services, converged billing and IP communications. Comverse solutions generate revenues, strengthen customer loyalty and improve operational efficiency for over 500 communication service providers in more than 130 countries. The company's Total CommunicationSM portfolio facilitates personalized lifestyles in an evolving connected world and is based on the holistic InSight™ Open Services Environment. Comverse’s solutions support flexible deployment models, including in-network, hosted and managed services, and can run on circuit-switched, VoIP, IMS and converged network environments. Comverse is a subsidiary of Comverse Technology, Inc. (CMVT.PK). For more information, visit www.comverse.com. All product and company names mentioned herein may be registered trademarks or trademarks of Comverse or the respective referenced company(s). This release contains "forward-looking statements” under the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that any forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could affect the company include: the results of the investigation of the Special Committee, appointed by the Board of Directors on March 14, 2006, of matters relating to the company’s stock option grant practices and other accounting matters, including errors in revenue recognition, errors in the recording of deferred tax accounts, expense misclassification, the possible misuse of accounting reserves and the understatement of backlog; the impact of any restatement of financial statements of the company or other actions that may be taken or required as a result of such investigation; the company’s inability to file reports with the Securities and Exchange Commission; the effects of the delisting of the company’s Common Stock from Nasdaq and the quotation of the company’s Common Stock in the "Pink Sheets,” including any adverse effects relating to the trading of the stock due to, among other things, the absence of market makers; risks relating to alleged defaults under the company’s ZYPS indentures, including acceleration of repayment; risks of litigation (including pending securities class actions and derivative lawsuits) and of governmental investigations or proceedings arising out of or related to the company’s stock option practices or any other accounting irregularities or any restatement of the financial statements of the company, including the direct and indirect costs of such investigations and restatement; risks related to the effects of Verint Systems Inc’s. merger with Witness Systems, Inc., including risks associated with integrating the businesses and employees of Witness; risks associated with integrating the businesses and employees of the Global Software Services division acquired from CSG Systems International, Netcentrex S.A. and Netonomy, Inc.; changes in the demand for the company’s products; changes in capital spending among the company’s current and prospective customers; the risks associated with the sale of large, complex, high capacity systems and with new product introductions as well as the uncertainty of customer acceptance of these new or enhanced products from either the company or its competition; risks associated with rapidly changing technology and the ability of the company to introduce new products on a timely and cost-effective basis; aggressive competition may force the company to reduce prices; a failure to compensate any decrease in the sale of the company’s traditional products with a corresponding increase in sales of new products; risks associated with changes in the competitive or regulatory environment in which the company operates; risks associated with prosecuting or defending allegations or claims of infringement of intellectual property rights; risks associated with significant foreign operations and international sales and investment activities, including fluctuations in foreign currency exchange rates, interest rates, and valuations of public and private equity; the volatility of macroeconomic and industry conditions and the international marketplace; risks associated with the company’s ability to retain existing personnel and recruit and retain qualified personnel; and other risks described in filings with the Securities and Exchange Commission. The company undertakes no commitment to revise or update forward-looking statements except as required by law.

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