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Woodland
Hills, Calif., September 13, 2000 – Vertel® (NASDAQ: VRTL),
a leading provider of mediation software for telecommunications networks, has formed a strategic alliance with Eternal Systems, Inc., that enhances Vertel's e*ORB advanced CORBA (Common Object Request Broker Architecture) implementation with Eternal's Fault Tolerance technology. Under terms of the agreement, the two companies will collaborate closely to be the first to bring to market an integrated product that combines the respective high speed, high reliability features of Vertel's e*ORB and Eternal's Fault Tolerance solutions.
Vertel will begin offering the first in a series of products based on the new Fault Tolerant CORBA standard this fall.
"Our customers are some of the biggest users of fault tolerance technology," explained Patrick Tao, vice president of product marketing for Vertel. In the past, developing fault tolerance features was a complex and highly specialized task. Now our customers can come to Vertel and use an off-the-shelf e*ORB fault tolerance solution that makes adding fault tolerance a breeze.
"Vertel and Eternal are the first companies to join forces to bring forward this kind of innovative software solution. We are pleased to be working with Eternal to bring fault tolerance to the ORB market," concluded Tao.
Companies developing and operating highly reliable software systems for telecommunications and network equipment manufacturers, for example, can now use these products to integrate fault tolerant features in a fraction of the time and with much less effort than when they build those solutions internally.
"Eternal is delighted with this partnership, which we expect to commercialize our Fault Tolerance products around the world," said Louise Moser, president of Eternal Systems. "Vertel has become a global leader in the mediation marketplace by providing revolutionary solutions like e*ORB, enhanced with fault tolerance."
About Eternal
Eternal Systems, Inc., developer of the Eternal Fault Tolerance Products, originated out of the Department of Electrical and Computer Engineering at the University of California, Santa Barbara, with research funding from the U.S. Defense Advanced Research Projects Agency (DARPA). The company was formed in 1998 to provide a platform for building complex fault-tolerant and evolvable distributed application systems using CORBA ORBs and standard operating systems that would make the development of such applications faster, easier and more affordable.
Eternal Systems was a key contributor to the new Fault Tolerant CORBA standard, which was approved in March 2000, and is the first to implement fully a solution based on that standard.
About Vertel
Vertel is a leading provider of mediation software for telecommunications networks, enabling a variety of devices such as mobile devices 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.
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 Statement: Except for the historical information presented, the matters discussed in this news release are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements should be evaluated together with the many risks and uncertainties that affect our business and may cause results to differ materially from those set forth in the statements. These include, but are not limited to: timely and successful introduction and customer acceptance of new and enhanced products, services and technologies in existing and new markets; the possibility that delays or difficulties will arise in implementing complex products, services and technologies and enabling them to work successfully with other complex products and technologies; the possible development and introduction of competitive products, services and new and alternative technologies; governmental and regulatory developments affecting Vertel and its customers; the ability to retain and attract key personnel; and other risks and uncertainties detailed from time to time in Vertel's periodic and other reports filed 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, and the Quarterly Report on Form 10-Q for the quarters ending March 31 and June 30, 2000. Vertel undertakes no obligation to correct inadvertent or intentional miscommunication by members of the media of the company's formal or informal statements to the media or to update forward-looking statements made in this release to reflect events or circumstances after the date of this statement.
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