| EDB Telesciences Announces a Marketing Partnership for IP Mediation and Intelligent Networking Based Data Services Delivery with ProQuent Systems |
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OSLO, 11 February 2003 --- EDB Telesciences, a wholly owned subsidiary of EDB Business Partner, announced today a joint marketing partnership which will integrate ProQuent's Mobile Services Switching Point (MSSPTM) with EDB Telesciences' Sterling Mediation System to address the emerging service delivery requirements of next generation wireless data and Voice over IP deployments. Integrating the MSSP into EDB Telesciences' Sterling Mediation solution will provide expanded revenue sources for operators, while reducing costs of operations.
"The ProQuent MSSP enables wireless operators to introduce profitable data services in a flexible, scalable manner that will keep them in the value chain," said Gary Sarson, Senior Vice President of Product Management and Marketing, ProQuentTM Systems. "With its extensive installed base and commitment to next generation solutions, we are very pleased that EDB Telesciences has chosen to integrate the MSSP into their solution."
"EDB Telesciences is well positioned to address the mediation and integration challenges raised by innovative service offerings and groundbreaking business models," said Rich Kraus, Vice President of US Sales, EDB Telesciences. "ProQuent's expertise and experience within the intelligent network technology are ideally suited to our own skills and products - thus this partnership enhances our offerings to the telecommunications industry."
The Sterling Mediation System is the world's leading solution for usage event (CDR) collection and processing. Its latest state-of-the-art, open-architecture, real-time collection and processing features provide current and future requirements for processing CDRs and IPDRs from telephone switches, soft switches, RADIUS servers and other data generating systems.
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About Sterling Mediation Sterling Mediation is the most comprehensive mediation product available, designed to handle all networks from PSTN to IP, GSM to CATV and CDMA to UMTS. Sterling Mediation is built to industry network standards and supports integration with any OSS/BSS application. Telecommunications providers across the globe are relying on EDB Telesciences' Sterling Mediation for very high volume throughput, accurate and real-time billing and for serving their convergence needs.
About EDB Telesciences EDB Telesciences is a mediation and best routing application provider in the global market, delivering solutions specifically developed for the telecom sector. The company's business is helping telecom operators to create value and competitive edge, while reducing operational costs and increasing profitability. Backed by its experience, innovation and scalable solutions, EDB Telesciences is a key player in the ongoing transition to the emerging next generation networks. EDB Telesciences can draw on more than 500 experts with telecommunication's experience and has a global client base of more than 100 customers. EDB Telesciences constitutes the telecom branch of EDB Business Partner ASA, a group of companies publicly traded on the Oslo Stock Exchange (OSE:EDBASA). Additional information about the company can be found at www.edbtelesciences.com
About ProQuent Systems ProQuent's Mobile Services Switching Point (MSSPTM) is a NEBS-compliant open platform that makes existing 1xRTT/GPRS/UMTS and WLAN infrastructure content-aware, able to recognize, discriminate and control subscriber IP sessions in real-time. This enables mobile operators to build flexible real-time differentiated charging solutions for content; picture messaging/MMS, SIP, WAP content, e-mail etc with zero revenue leakage and build new revenue-generating services for post and prepaid billing environments. Operators can now selectively control and charge for all content from all sources - providing a means for mobile operators to stay in the value chain and maximize their networks revenue-generation potential. ProQuent Systems is headquartered in Marlborough, Massachusetts with offices in London and Paris. Lead investors include; St. Paul Venture Capital, Argo Global Capital, Nokia Venture Partners and YankeeTek Ventures.
Visit www.proquent.com for more information.
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