Vertel's Chief Executive
Officer Online with the WallStreetReporter.com to talk Business
Bruce Brown, Vertel’s
CEO Talks About the Company's Strategy and its Recent Announcement about
its Strategic Alliance with Lucent
Woodland Hills, CA., July 13, 1999 – Vertel® Corporation
(NASDAQ:VRTL),
a leading global provider of multi-management solutions for telecommunications
networks, announced today that the company's President and Chief Executive
Officer Bruce Brown is being featured in an interview with the WallStreetReporter.com.
To access the interview, go to www.wallstreetreporter.com.
This is part of Vertel’s continuing efforts to reinforce its product and
market strategy, increase the company's exposure to the public and increase
shareholder value.
The interview covers all aspects of the company and is highlighted by
a discussion focusing on the company's competitive advantages and its recent
announcement about its strategic alliance with Lucent Technologies.
“This alliance bolsters our strategy for adding value to our network
equipment manufacturer customers and our third-party applications suppliers,”
said Bruce Brown, president and chief executive officer of Vertel. “By
providing network protocol conversion and mediation software, Vertel can
help Lucent continue to focus its resources on delivering leading operations
support systems applications.”
Vertel’s mediation solutions framework is built on Telecore2, the next
generation of Vertel’s TMNTelecore product; one of the industry's most
widely deployed TMN standards-based management platforms. The framework
provides standards-based and proprietary interfaces to multi-vendor OSSs
and network equipment, integrates a carrier-grade CORBA distribution platform,
and is designed to maximize reusability and expedite deployment.
The framework also leverages key Vertel technologies, such as the OpenStore
persistence storage module and world-class simulation tools.
Vertel is a leading global provider of telecom network management software
and solutions that support multiple management technologies. These
solutions provide public and IP network operations support systems (OSS)
infrastructures the key components required for end-to-end network and
service management with carrier-grade quality of service. Vertel
delivers telecom management solutions worldwide to service providers, network
operators, telecom equipment manufacturers, independent software vendors
and systems integrators. Vertel also delivers turnkey management applications
that fit individual customer requirements through their Professional Services
Organization. The Company is based in Woodland Hills, California
and has sales offices throughout the world.
CONTACT VERTEL:
For corporate information:
Sandy Christopher
(818) 227-5735
email: sandy-christopher@vertel.com
For product information:
Darrin Stone
(818) 227-1451
email: darrin-stone@vertel.com
Contact Ketchum:
Rob Goodman
(916) 449-6168
email: rob.goodman@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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