NEC do Brasil and Tekelec Collaborate in Latin America
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Relationship Will Bring Tekelec's Leading Switching Solutions to Latin America
MORRISVILLE, N.C.-- Tekelec (NASDAQ: TKLC), a leading developer of high-performance network applications for next-generation fixed, mobile and packet networks, today announced that it has extended its relationship with NEC do Brasil in Latin America to incorporate next-generation network switching solutions, including softswitch and media gateway products.
"As part of our strategy to add significant new channels to expand our tier one global carrier business, we have signed technology transfer license and OEM agreements with NEC do Brasil," explained Frank Plastina, Tekelec president and CEO. "NEC do Brasil will utilize our industry-leading next-generation softswitch and media gateway core technology to create the best TDM-to-IP switching migration solution to address its extensive customer base in the Latin American region. This agreement complements the technology transfer agreement we signed in October 2006."
Under the agreement, NEC do Brasil is incorporating its own customizations to the Tekelec Media Gateway Controller and Network Management System Software into NEC's core network solutions in Latin America. Tekelec also is providing professional services and training to NEC do Brasil. In addition, engineers from the companies are working together to modify existing and developing new solutions for the Latin American market.
"We established our relationship with NEC Neva in Russia at the beginning of 2006, and we see tremendous opportunity for an expansion into Latin America," added Plastina. "We expect the affiliation with NEC do Brasil in Latin America to produce multimillion dollar revenues for Tekelec during the next four years."
About Tekelec
Tekelec is a high-performance network applications company that is accelerating the transition to IP Multimedia Subsystem (IMS) networks for service providers around the globe. With its experience at the intersection of network applications and session control, Tekelec creates highly efficient platforms for managing media and delivering network solutions. Corporate headquarters are located near Research Triangle Park in Morrisville, N.C., U.S.A., with research and development facilities and sales offices throughout the world. For more information, please visit www.tekelec.com
Contacts
Joni K. Brooks,
Director, Public Relations
Tekelec,
919-461-1065,
joni.brooks@tekelec.com
Jim Chiafery,
Director, Investor Relations
Tekelec,
919-461-6825,
james.chiafery@tekelec.com
Laura Slagle,
GolinHarris,
972-341-2541,
lslagle@golinharris.com, for Tekelec
