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Woodland
Hills, Calif., June 06, 2000 – Vertel® (NASDAQ: VRTL), a leading provider of mediation software for telecommunications networks, today announced that China's Eastern Communications Company (Eastcom), the largest manufacturer and supplier of cellular mobile phones and mobile phone systems in China, will deploy the industry leading e*ORB core technology software and e*ORB Naming and Notification Services in its mobile base stations.
Vertel e*ORB software, the telecommunications industry's first CORBA-based technology designed with telecom-grade reliability (99.999 percent), high performance and small form factor was selected by Eastcom because "the size and performance of e*ORB convinced us that CORBA is the right protocol for us to adopt for future equipment," said Wang Yue, General Technical Manager of Eastcom.
"We are very excited about expanding our relationship with Eastcom and are pleased that Eastcom sees the value of using CORBA-based e*ORB as their infrastructure standard for the future," said Bruce Brown, Chairman and CEO of Vertel. "We have enjoyed an excellent relationship with Eastcom in the past and are proud that Eastcom wishes to continue using us for future development."
About Eastcom
Eastern Communications Co., Ltd. (Eastcom) is the largest manufacturer and supplier of mobile telephones and systems in the People's Republic of China. Eastcom is a technology enterprise principally engaged in research, development, production and sales of mobile telecommunications and optical transmission equipment. Eastcom's headquarters is located in Hangzhou City, PRC.
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: 818/227-1400; 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 Dec. 31, 1999 and on Form 10-Q for the quarter ended March 31, 2000. . Vertel undertakes no obligation to obligation to update forward-looking statements made in this release to reflect events or circumstances after the date of this statement.
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