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Woodland
Hills, Calif., March 8, 2000 – Vertel® (NASDAQ: VRTL), a
leading provider of mediation software for telecommunications
networks, and New Era of Networks Inc. (Nasdaq:NEON), a leading
e-Business infrastructure platform provider, today announced that
they will partner to deliver e-Business integration solutions for
the telecommunications industry.
Under the terms of the partnership, the two companies will combine
their products and expertise -- the Vertel protocol mediation
framework and NEON's e-Business infrastructure platform -- to
integrate telecommunications applications, including
transaction-based billing. The companies will also deliver an
intelligent network infrastructure for global communications
companies and ASPs.
"NEON's expertise in e-Business integration fits
hand-in-glove with Vertel's expertise in protocol mediation,"
stated Alan Ehrlich, director of product management for Vertel.
"Together, we will provide effective solutions to address the
interconnection and infrastructure needs of our global carrier
customer-base."
Using Vertel expertise in network management and its CORBA e*ORB
middleware, and NEON's products, the companies will deliver a
solution that extends from the network through the higher-level
business applications.
"By incorporating Vertel's core knowledge of
telecommunications networking and carrier-grade products into our
platform, we will satisfy the need for flexible, robust mediation
systems for the marketplace," said Fred Thompson, vice
president of communications industry marketing and business
development for NEON. "The partnership between NEON and
Vertel capitalizes on the domain expertise of both companies to
provide comprehensive e-Business integration for
telecommunications and network service providers."
About New Era of Networks Inc.
New Era of Networks Inc. (Nasdaq:NEON) is a leading e-Business
infrastructure platform provider. Its products and services let
companies get online faster, handle Internet speeds and volumes,
and keep up with the ever-changing e-Business landscape. For more
information, call 800-815-6366 or visit NEON's World Wide Web site
at http://www.neonsoft.com.
New Era of Networks and the NEON logotype are trademarks of New
Era of Networks Inc. and its subsidiaries. All other trademarks
and registered trademarks are the property of the respective
trademark owners.
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 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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