
Vertel Appoints Howard Oringer to Board of
Directors
Woodland Hills, CA, February 12, 1999 – Vertel® (NASDAQ:VRTL),
a leading supplier of telecommunications network software, today announced
the appointment of Howard Oringer to its board of directors. Mr.
Oringer has over 30 years of operating management experience in the telecommunications
industry, with emphasis on the planning and implementation of major communications
networks. His background includes executive positions with AT&T,
Pacific Telephone, Rockwell International, California Microwave, and TeleSciences.
“Howard Oringer’s participation on Vertel’s board brings great strategic
value to our customers and shareholders,” said Bruce Brown, president and
chief executive officer of Vertel. “He has a deep understanding of
carrier operations and of the companies which serve this market.
We look forward to working closely with him to strengthen our current market
position and shape the future of Vertel as an industry leader in carrier
grade IP management solutions.”
“Vertel’s market position presents an exciting opportunity to address
the explosive growth in the IP market,” said Howard Oringer. “They
have a unique combination of product, customer and managerial assets.
I look forward to contributing to Vertel’s vision for automating and integrating
operations support systems and the company’s plans to expand.”
Mr. Oringer currently serves on the board of directors of three publicly
traded companies, Tekelec, Digital Microwave and Verilink.
About Vertel Corporation
Vertel develops and markets software for the management and operations
of telecommunications networks. The Company provides advanced telecommunications
management network solutions (TMN) including communications infrastructure
products, network management platforms, and applications software for telecommunication
carrier networks worldwide. In addition, Vertel serves telecommunications
equipment manufacturers, computer systems OEMs and Internet access providers.
The Company is based in Woodland Hills, California and has sales offices
throughout the world.
CONTACT VERTEL:
For press and investor relations:
Vicki Vaughn, Vertel
(818) 227-1456
email: vicki-vaughn@vertel.com
For product information:
Darrin Stone, Vertel
(818) 227-1451
email: darrin-stone@vertel.com
CONTACT KETCHUM:
Patrick Foarde, Ketchum
(916) 449-6168
email:
patrick.foarde@ketchum.com
Vertel is a registered trademark of Vertel. All other
trademarks are the property of their respective owners.
"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 development,
introduction and success of new and enhanced products in existing and new
markets, the acceptance of new technologies, the impact of competitive
products and technologies, pricing, currency exchange risks, governmental
and regulatory developments, and other risks detailed from time to time
in public disclosure filings with the U.S. Securities and Exchange Commission
(SEC) by Vertel.
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