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Woodland Hills, Calif.,
April 26, 2000 – Demonstrating industrywide recognition for its strength as a mediation solutions-provider, Vertel Corporation (Nasdaq:VRTL), a leading provider of mediation software for telecommunications networks, today announced that an innovative mediation solution, developed by Vertel, has been selected by Nokia Networks' Operational Support Systems Business Unit to enhance the open architecture interfacing capabilities of their GSM network management system (NMS/2000) and third-party vendor management platforms.
In its current deployment by Nokia, the Vertel solution will serve as the mediation framework to enable easier manageability for system to system interfacing.
The Nokia decision to further enhance its own interfacing functionality with the Vertel solution is part of Nokia's objective to achieve even greater flexibility and faster time to market.
"We thoroughly evaluated a number of solutions-providers for this project and chose Vertel based on their experience in the development of management interfaces," said Matti Vanska, Nokia Networks' head of marketing for network management systems. "The Vertel mediation framework will complement Nokia's innovative management solutions, which are based on an open architecture and industry standards."
Vertel's mediation solution for Nokia is based on the Vertel Mediation Framework. The mediation framework provides a mechanism for the integration of diverse systems and the support of multiple network protocols. The Vertel development infrastructure, coupled with its expert development capabilities in the network management arena, results in mediation solutions that are fast (measured in mapped alarms per second), and easy to configure and maintain and provide an user friendly mechanism for integration management system platforms.
"Our success with Nokia marks another major milestone in Vertel's mission to lead the industry in mediation solutions," said Bruce Brown, CEO of Vertel. "Being the vendor of choice for telecommunications innovators like Nokia clearly demonstrates Vertel's understanding of carrier-grade requirements and our commitment to providing solutions that simplify the management of complex networks."
Success In Mediation Drives Future Development of Management
Solutions for Convergent Networks
As evidenced by the company's growing portfolio of successful mediation implementations, Vertel's position in the multi-management solutions market is supported by its expertise in standards-based management technologies such as CMIP, TL1, SNMP and most recently, CORBA.
Vertel is maximizing its existing platforms as it continues to develop innovative, leading-edge OSS solutions for element management, network management, mediation and other advanced applications that focus on managing carrier grade IP networks and services.
"As we move closer towards network convergence, the need for high-performance, standards-based solutions for interoperability in multi-vendor environments will become a critical competitive factor," Brown observed. "Vertel's strength in mediation will be the basis for a new generation of network management solutions that will make carrier-grade IP networks a reality."
About Nokia Corporation
Nokia is paving the way to the mobile information society with its innovative products and solutions. Nokia is the leading mobile phone supplier and a leading supplier of mobile, fixed and IP networks, related services as well as multimedia terminals.
In 1999, net sales totaled EUR 19.8 billion (USD 19.9 billion). With headquarters in Finland, Nokia is listed on the New York (NYSE:NOK), Helsinki, Stockholm, London, Frankfurt and Paris stock exchanges and employs more than 55,000 people
About Vertel Corporation
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 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: 818/227-1400; fax: 818/598-0047 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, 1999.
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