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Woodland Hills,
Calif., November 17, 1999 – Vertel® (NASDAQ: VRTL), a
leading global provider of management solutions for
telecommunications networks, today announced a joint agreement
with the Global Services – Federal Solutions department of
International Business Machines (NYSE: IBM) to develop and market
a new suite of development tools under the company’s Open System
Standard Communication (OSSC) product line. Under the new
agreement, IBM will incorporate the full line of Vertel’s TMN
development products into its AIX operating environment. IBM
and Vertel will jointly market the new AIX-based OSSC product
line, sharing royalties and license revenues. The joint
marketing agreement was finalized in September 1999 and
integration of the Vertel tools into the AIX environment is near
completion. First offering of the new OSSC development
solutions is expected by January 2000, with a number of potential
customers expressing early interest in the product line.
IBM’s new OSSC
solutions will feature Vertel’s TMNTelecore Agent Development
Environment (ADE) and Manager Development Environment (MDE), plus
Vertel’s Agent and Management Simulators. These additions
will enable telecommunications and network equipment
manufacturers, as well as carriers and service providers that
design networks using TMN standards, to utilize the strengths of
the IBM AIX platform to develop and host carrier-grade network
management solutions.
“We are engineering our
next generation of OSSC solutions to enable carrier-grade
AIX-based network management systems for both packet and circuit
networks,” said Ed Poole, OSSC Product Manager, IBM Global
Services – Federal Solutions. “The addition of Vertel’s TMN
development environment into our OSSC suite offers AIX-based
developers greatly enhanced performance, reliability and
scalability that will allow them to realize carrier-grade
capability.”
“We are delighted to be
partnering with an industry leader like IBM to bring
high-performance, standards-based development solutions to the AIX
platform,” said Alan Ehrlich, director, TMN product management,
Vertel Corporation. “The AIX development community has
been looking for a truly reliable network management solution and
Vertel products have a proven track-record of meeting the
stringent requirements of both the enterprise and the telecom
industry. It’s a win-win partnership.”
The new OSSC product line
will help streamline the development and deployment of
multi-vendor, carrier-grade network management solutions within
the IBM user community. “Our partnership with Vertel has been
crucial to quickly and successfully bringing this product suite to
market,” said Poole. IBM plans to incorporate additional
Vertel products into the OSSC line in the future. “We look
forward to the opportunity to integrate other Vertel solutions
such a mediation and element management to the AIX platform,”
said Ehrlich.
About Vertel Corporation
Vertel is a leading global provider of carrier-grade, broadband
Internet software infrastructure and management solutions. Vertel
offers a wide range 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 delivers
turnkey management applications that fit individual customer
requirements through its Professional Services Unit. The company
is based in Woodland Hills, California and has sales offices
throughout the world. Contact Vertel on the World Wide Web 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 that involve risks and uncertainties, 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 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 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
June 30, 1999.
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