Transaction Gateway supports 2,000 concurrent IP connections.
Press Release Summary:
With ability to accommodate specific transaction legacy systems, AccessGuard(TM) 500 is IP transaction processing gateway solution that helps connect new IP terminals via public or private networks without altering host transaction processing systems. It provides secure transmission for high volume financial transactions. Integrating encryption technology, scalable compact system allows for deployment flexibility and is available with highly intuitive management system.
Original Press Release:
UTStarcom Unveils Next-Generation IP Transaction Gateway at NXTCOMM
New Platform to Provide Secure Transmission for High Volume Financial Transactions
CHICAGO, June 19, 2007 - UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions and services, today unveils one of the most advanced transaction processing gateway solutions on the market today - the AccessGuard(TM) 500.
The new AccessGuard 500 - a highly scalable platform that enables site consolidation, growth and support of the newest methods of processing transactions in an all-IP environment - makes its debut at UTStarcom's booth (#4068) at NXTCOMM, June 18-21, 2007, in Chicago.
Compact enough to support up to 2,000 concurrent IP connections within one shelf, the AccessGuard 500 also helps connect new IP terminals via public or private networks without altering the host transaction processing systems. In addition, this robust and powerful IP transaction gateway integrates the latest in encryption technology and has the ability to drastically reduce transaction times with more efficient routing solutions.
"In the past, access to financial systems has proven to be very limited, complex and insecure. However, with the advent of IP, virtually anyone can gain secure access to any system, at any time, from anywhere, while using a wide array of devices," said David King, senior vice president of international sales and marketing at UTStarcom, Inc. "Financial institutions are employing methods to provide the highest level of security, while giving their customers new methods of access to their accounts and minimizing the time required to complete a transaction. As an experienced transaction processing gateway vendor, UTStarcom is assisting our customers with these new deployments by introducing a compact, IP-based system that can not only transfer data securely, but do so in huge volumes."
Today's IP networks are becoming increasingly tasked to support the transfer of highly secure and encrypted financial data, and UTStarcom's AccessGuard 500 has the potential to play a leading role in these applications. The IP transaction gateway can facilitate up to 2,000 concurrent transfer connections, while also accommodating specific transaction legacy systems. This compact system also allows for deployment flexibility and it is available with a highly intuitive management system. The AccessGuard 500 is available to customers for trials and will be available for commercial deployment in the fourth quarter of 2007.
About UTStarcom, Inc.
UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company sells its broadband, wireless, and handset solutions to operators in both emerging and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in the United States, Canada, China, Korea and India. UTStarcom is a FORTUNE 1000 company.
For more information about UTStarcom, visit the company's Web site at www.utstar.com.
SOURCE UTStarcom, Inc.
Andy Tennille,
Senior Manager,
Public Relations of UTStarcom, Inc.
+1-510-814-4421,
andy.tennille@utstar.com;
http://www.utstar.com
