Sonus Networks Partners with 3Way Networks to Offer Complete System Solution for its Low Powered GSM Offering
25 February 2007
Sonus Networks, Inc. (Nasdaq: SONS), a leading supplier of service provider Voice over IP (VoIP) infrastructure solutions, announced today at the 3GSM World Congress in Barcelona, Spain that it has partnered with 3Way Networks to develop solutions to deliver voice services and multimedia applications to mobile handsets over an end-to-end low powered GSM network. 3Way Networks will provide femto cells, which enable existing and future 2G and 3G handsets to integrate with Sonus' IP Multimedia Subsystem (IMS)-based network infrastructure. Together, the two companies are working to provide network operators with a complete Low Powered GSM (LP GSM) solution that provides new levels of operational efficiency with robust support for the delivery of next generation voice and multimedia services.
"As this new market for LP GSM solutions starts to take shape, Sonus is actively looking to leverage relationships with leading providers of cutting edge technology, such as 3Way networks, to help our customers stay ahead of the innovation curve," said Steve Edwards, chief marketing officer, Sonus Networks. "By integrating solutions from companies like 3Way Networks, we are helping our customers seize the opportunity created by the release of LP GSM spectrum to improve their core business models and provide seamless fixed- mobile converged services to the end user."
"The march towards fixed mobile convergence (FMC) is beginning to gain pace in Europe," said Simon Albury, MD, 3Way Network. "LP GSM via femto cells offers mobile operators a unique means of offering converged services that work with existing 3G handsets, eliminating the need to deploy expensive dual- mode technologies. We are very pleased to be working with Sonus to promote and encourage adoption of LP GSM solutions and believe the partnership will help to raise awareness of the value of this type of FMC technology."
Additional information regarding Sonus' recently announced strategy for delivering on the promise of LP GSM can be found in the press release entitled, "Sonus Networks Unveils Strategy to Help Network Operators Capitalize on Low Powered GSM Business Opportunity," issued February 13, 2007. Sonus will be exhibiting its industry leading solutions at the 3GSM World Congress, one of the wireless industry's largest tradeshows, at Booth D46, Hall 2, Level 1. Additional information on the 3GSM World Congress can be found at http://3gsmworldcongress.com.
About Sonus Networks
Sonus Networks, Inc. is a leading provider of voice over IP (VoIP) infrastructure solutions for wireline and wireless service providers. With its comprehensive IP Multimedia Subsystem (IMS) solution, Sonus addresses the full range of carrier applications, including residential and business voice services, wireless voice and multimedia, trunking and tandem switching, carrier interconnection and enhanced services. Sonus' voice infrastructure solutions are deployed in service provider networks worldwide. Founded in 1997, Sonus is headquartered in Westford, Massachusetts. Additional information on Sonus is available at http://www.sonusnet.com.
About 3Way Networks
3Way Networks was founded in 2004 and has been shipping UMTS picocell and femto cell products since 2005. Last year the company shipped over $2m worth of equipment and the company is expecting a four fold increase in sales this year.
This release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to Item 1A "Risk Factors" of Sonus' Quarterly Report on Form 10-Q dated May 8, 2006, filed with the SEC, which identifies important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Risk factors include among others: the impact of material weaknesses in our disclosure controls and procedures and our internal control over financial reporting on our ability to report our financial results timely and accurately; the unpredictability of our quarterly financial results; risks and uncertainties associated with the Company's announced review of its historical stock option grants and accounting, including any potential impact on the Company's financial statements or results, any tax liabilities or penalties, the Company's inability to timely report with the Securities and Exchange Commission, the Company's potential inability to meet NASDAQ requirements for continued listing, potential investigations, regulatory actions or litigation arising out of the review or any restatement; risks associated with our international expansion and growth; consolidation in the telecommunications industry; and potential costs resulting from pending securities litigation against the company. Any forward-looking statements represent Sonus' views only as of today and should not be relied upon as representing Sonus' views as of any subsequent date. While Sonus may elect to update forward-looking statements at some point, Sonus specifically disclaims any obligation to do so.
The product information in this press release is for informational purposes only and is subject to change at Sonus' sole discretion without notice. Sonus has no obligation or commitment to develop or deliver any future release, upgrade, feature, enhancement or function described in this release. The information is provided "AS IS," with all faults, and without any warranties whatsoever, express or implied, including, but not limited to, warranties of merchantability, performance, or fitness for a particular purpose.
Sonus is a registered trademark of Sonus Networks, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
For more information, please contact:
Sonus Investor Relations: US Media Relations:
Jocelyn Philbrook Sarah McAuley
+1 978-614-8672 +1 212-699-1836
jphilbrook@sonusnet.com smcauley@sonusnet.com
EMEA Media Relations
Paula Lender-Swain
44 (0) 7808811586
plender-swain@sonusnet.com
Source: prnewswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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