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| Press Release |
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For Immediate Release
February 17, 2000 |
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Vertel's Chief Executive Officer and President Online With the WallStreetReporter.com to Talk Business |
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Bruce Brown Talks About the Company's Strategy,
e*ORB Software and Recent Announcement about
Technology Being Used by Alcatel, USA |
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Woodland
Hills, Calif., November February 17, 2000 – Vertel® (NASDAQ:
VRTL),
a leading provider of mediation software for telecommunications networks, announced today that the company's President and Chief Executive Officer Bruce Brown is being featured in an interview with the
WallStreetReporter.com.
This is part of Vertel's continuing efforts to reinforce its product and market strategy.
The interview covers all aspects of the company and is highlighted by a discussion focusing on the company's competitive advantages, its e*ORB software and its recent announcement about how the company was chosen by Alcatel, USA to provide number portability/ALR flexible routing technology.
About Vertel
Vertel is a leading provider of mediation software for telecommunications networks enabling such devices as cellular phones to become an integral, intelligent part of a company's network topology. The company's pioneering mediation software, e*ORB(TM) is being adopted by top telecommunications, e-business and manufacturing companies. Vertel offers a variety of technologies and applications, supporting end-to-end network and service management with the highest quality of service for network operations. Vertel's solutions are deployed worldwide by service providers, network operators, software vendors, and systems integrators. Vertel also develops turnkey management applications that fit individual customer requirements through its Professional Services Unit. The company is based in Woodland Hills, Calif., and has sales offices throughout the world.
For more information on Vertel or its products, contact Vertel at 21300 Victory Boulevard, Suite 700, Woodland Hills, Calif. 91367; telephone: 818/227-5735; fax: 818/227-5741 or visit the Vertel Web site at http://www.vertel.com.
"Safe Harbor" Statements under the Private Securities Litigation Reform Act of 1995: Except for the historical information presented, the matters discussed in this news release are forward looking statements. These statements should be evaluated together with the many risks and uncertainties that affect our business, including timely and successful development of products and technologies; successful introduction and customer acceptance of new and enhanced products and technologies in existing and new markets; the possibility that delays or difficulties will arise in implementing complex products and technologies and enabling them to work successfully with other complex products and technologies; the possible development and introduction of competitive products and new and alternative technologies; pricing, currency and exchange risks; governmental and regulatory developments affecting Vertel and its customers; the ability to identify, conclude, and integrate acquisitions on a timely basis; the ability to retain and attract key personnel; and other risks and uncertainties detailed from time to time in public disclosure filings with the U.S. Securities and Exchange Commission (SEC) by Vertel, including, but not limited to, the Annual Report on Form 10-K for the year ended December 31, 1998 and the Quarterly Report on Form 10-Q for the quarter ended September 30, 1999.
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| VERTEL
CONTACTS:
Sandy Christopher
(818) 227-5735
email: sandy-christopher@vertel.com
Karin Hollink
(818) 227-1478
email: karin-hollink@vertel.com |
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