SAN JOSE, CA -- April 14, 2009 -- Veraz Networks, Inc., (NASDAQ: VRAZ) the leading provider of Multimedia Generation Network application, control, and bandwidth optimization products, today announced that IDEA Cellular has deployed a range of Veraz’s I-Gate 4000 EDGE systems in its network. IDEA Cellular, a leading GSM mobile service provider in India, with over 41 million subscribers, is using the I-Gate 4000 EDGE media gateway to provide cost-optimized, high-quality transmission links between selected nodes.
“Veraz’s I-Gate 4000 EDGE media gateway provides IDEA with a highly reliable, cost-efficient interconnection solution,” said Anil Tandan, Group CTO, IDEA Cellular. “The unique features of the product help minimize network costs in selected areas while maintaining the high quality voice services that IDEA’s customers expect.”
“We are excited to be working with IDEA, one of the leading providers of mobile services in India,” noted Daniel Kwan, Veraz Vice President, Sales, Asia Pacific Region. “It is clear that IDEA’s business and subscriber base will continue to expand and we look forward to continuing to support them.”
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. The Veraz I-Gate 4000 EDGE helps telecom operators to minimize CAPEX and OPEX while maintaining high quality voice performance resulting in increased call durations and customer loyalty. The I-Gate 4000 EDGE can be configured with full hardware redundancy and is based on a highly reliable software architecture at both the system and link level, ensuring service providers very high-availability.
About IDEA Cellular Ltd.
IDEA Cellular Ltd. is a leading GSM mobile services operator with over 41 million subscribers, under the brand IDEA. It has licenses and spectrum to operate in all 22 service areas of India, with commercial operations in 15 service areas, currently. IDEA is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in India.
IDEA Cellular is part of the Aditya Birla Group, India’s first truly multinational corporation. The group operates in 25 countries, and is anchored by over 125,000 employees belonging to 25 nationalities. More information on the company is available at: www.ideacellular.com and on the group at: www.adityabirla.com
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 EDGE media gateway, sales or products and services in India 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 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
