Chicago, IL (1888PressRelease)
May 28, 2009 - Veraz Networks, Inc., (NASDAQ: VRAZ), the leading provider of Multimedia Generation Network application, control, and bandwidth optimization products, and Comarch, the leading BSS/OSS vendor and systems integrator, today announced a joint offering for wholesale carriers that combines Comarch’s real-time pre-paid, service creation and credit control application with Veraz’s ControlSwitch™ interconnect VoIP platform.
Wholesale service providers are increasingly looking to offer pre-paid billing as an option for their carrier customers. Carrier pre-paid services require real-time billing, credit control and revenue assurance capabilities that need to be tightly integrated into both the carrier’s OSS/BSS systems and their voice switching infrastructure.
In many cases, wholesale operators’ voice networks are a multi-vendor mixture of legacy TDM switches, next generation softswitches and increasingly IMS SIP components. The real-time integration of all of these diverse elements into a unified pre-paid billing architecture is often technically challenging and cost-prohibitive.
The Veraz-Comarch solution addresses the cost of integration by leveraging the ControlSwitch’s ability to interwork across legacy, first generation softswitches and IMS-based SIP control elements, providing a unified interface into the carrier pre-paid system and overall OSS/BSS environment. This dramatically lowers the cost of integrating a diverse network switching environment into the pre-paid system.
Comarch’s BSS/OSS portfolio and expertise, which includes convergent billing systems for retail and wholesale carriers, telecom CRM systems and network and service assurance applications provides carriers with an industry leading and complete solution covering billing, rating, charging and real-time service creation and control.
“By working together, Comarch and Veraz are lowering the cost and complexity of implementing pre-paid wholesale services,” stated Piotr Piątosa, VP Telecommunications, Member of the Board, Comarch SA. “Our joint solution provides a powerful platform that can easily accommodate future service capabilities without requiring significant changes to the network.”
“The Veraz-Comarch solution delivers an industry-leading carrier prepaid solution, solving both the interworking complexity for carriers across multiple switching platforms, as well as the real-time reporting and credit control required in this environment,” said Dawn Hogh, Vice President of Marketing for Veraz Networks. “Veraz is pleased to be working with Comarch to deliver these types of capabilities to wholesale carriers globally.”
About Comarch
Since 1993, Comarch has been specializing in designing, implementing and integrating solutions and services for telecommunications operators. Experience gained throughout this period, in addition to its knowledge of the latest industry trends, allows the company to flexibly adapt itself to the needs and expectations of every client. Comarch’s widely developed operations, both in Poland and abroad, are the strongest confirmation yet of its evidently high-quality solutions in the areas of billing, inter-partner settlements, and the management of telecommunications networks, services and value-added services. The telecommunications business unit offer is primarily addressed to Fixed and Broadband Operators, Mobile Operators, Wholesale Departments, MVNO/MVNE Operators, Service Providers and VoIP Operators and Content Providers and IPTV Operators. More information at: www.comarch.eu.
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). Veraz Networks makes it possible for fixed and mobile service providers to create, manage and transport application sessions cost-effectively and securely across TDM and IP networks. Service providers worldwide use the Veraz MGN portfolio to extend their existing legacy applications to new all-IP based networks, rapidly add customized services that drive revenue, and lower the cost of session transport. The Veraz MGN architecture separates the control, media, and application layers while unifying management of the network, enabling any application to run over any network while optimizing session control and transport. Wireline and wireless service providers in more than 60 countries have deployed products from the Veraz MGN portfolio, which includes the ControlSwitch™, Network-adaptive Border Controller, I-Gate 4000 Media Gateways, I-Gate 4000 Session Bandwidth Optimizer, I-Gate 4000 SIP Gateway, VerazView Management System, and a set of prepackaged applications. For more information 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 a joint Veraz-Comarch solution or the ControlSwitch 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 the "Risk Factors" section in our 10-K for the year ended December 31, 2008 and our 10-Q for the quarter ended March 30, 2009 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
Company Contacts:
Veraz Editorial Contacts:
Dawn Hogh, Veraz Networks, +1-408-750-9533, dhogh ( @ ) veraznet dot com
Ilene Adler, Vantage Communications, +1-415-984-1970 ex102, iadler ( @ ) pr-vantage dot com
Veraz Investor Relations Contact:
Ron Vidal, MBS Value Partners, +1 (415) 606-6998, ron.vidal ( @ ) mbsvalue dot com
Comarch SA
Company Contact:
Comarch Telecommunications Press Office
Katarzyna Gajewska
Tel: +48 12 646 15 04
Gsm: +48 691 464 119
Fax: +48 12 646 12 00
E-mail: Katarzyna.Gajewska ( @ ) Comarch dot com
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