ROCHESTER, New York, February 9 /PRNewswire/ --
- SEGway(TM) Platform Delivers Highest Density at Industry's Lowest Per Link Cost
Performance Technologies, Inc. (Nasdaq: PTIX), a leading provider of innovative communications solutions, today announced the expansion of its SEGway(TM) x401 signalling platform to 1500 links, tripling its throughput, and resulting in the largest capacity signalling solution available in a single carrier grade 12U chassis.
Due to increased call volumes, mobile number portability, and the exponential growth of SMS, operators are experiencing unprecedented strains on their signalling networks. Mobile commerce and entertainment applications provide new revenue streams, but place greater demands on already stressed SS7 networks. The ensuing need to increase throughput in the face of decreasing average revenue per user (ARPU) compels carriers to choose the best possible value for their network investments.
Designed to meet the evolving requirements of large carriers, Performance Technologies' expanded SEGway platform now offers throughput of 180,000 transactions per second, a rate unmatched at similar cost. The platform keeps pace with all signalling element requirements, supporting SS7, ATM, HSL, SigTran, and SIP signalling protocols, as well as existing SEGway applications. Unlike other core signalling systems, SEGway is easily installed and configured by the customer, and can be in service the same day.
At Performance Technologies, we strongly believe that a core-to-edge topology is the architecture of future signalling networks. Large wireless carriers throughout the world have already deployed our edge solution. However, without SEGway's top performance at the core, they have been unable to attain the lowest network cost structure, said Patt Rice, vice president and general manager of Performance Technologies' Signalling Products. SEGway x401 at their core is the missing element they needed for a high capacity, low cost network that grows and evolves with their requirements. By expanding the x401 capacity, we further strengthen our commitment to take a low cost, high density platform deeper into the network and provide the greatest value to our customers.
This strategic expansion of its SEGway platform broadens Performance Technologies' signalling portfolio, offering a robust core signalling node to large telecoms operators. The product enhancement positions the company to provide major carriers the maximum value at the lowest cost -- an attractive alternative to the compounding CAPEX and OPEX costs of upgrading legacy systems or purchasing excessive hardware. In addition, operating fewer hardware components at lower power consumption in a smaller footprint diminishes the impact on the environment, truly making it a 'green' product. Performance Technologies calls it Simply Smarter Signalling(TM).
Telecommunications system architects and carrier network engineers needing advanced, signalling solutions can meet with Performance Technologies representatives to learn more about the company's new SEGway x401 and other signalling solutions at the 2009 GSM Mobile World Congress in Barcelona, Spain, 16-19 February 2009 (stand 2.1D22).
About Performance Technologies (www.pt.com)
Performance Technologies (Nasdaq: PTIX) is a global supplier of advanced network communications and control solutions to end users, application developers, and original equipment manufacturers that serve mission critical telecommunications as well as aerospace and defense markets. The company provides remotely manageable, IP-centric network elements specifically engineered for high availability, scalability, and long life cycle deployments. Its products are built upon its own U.S. manufactured hardware combined with the company's NexusWare(R) Carrier Grade Linux(R) operating system and software development environment plus a broad suite of communications protocols and high availability middleware. Performance Technologies' product portfolio includes the SEGway(TM) suite of Signalling (SS7/SIP) Transfer Points, Signalling Gateways and Bridges, and its IPnexus(R) family of COTS-based application ready systems, WAN gateways, and multi-protocol communications servers.
Performance Technologies maximizes the value proposition of its products by leveraging its field proven systems, software, and hardware technologies developed over a twenty-eight year record of demonstrated innovation. A tightly integrated combination of these technologies results in measurable benefits to its customers through compelling return-on-investment and substantially accelerated time to market metrics. The company is headquartered in Rochester, NY and maintains centers of engineering excellence in San Diego and San Luis Obispo, CA, and Kanata, ON, Canada. It has sales and marketing offices in the U.S. in Raleigh, Chicago, Dallas, and San Jose and international offices in London, England and Shanghai, China.
Forward Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for certain forward-looking statements. This press release contains forward-looking statements which reflect the Company's current views with respect to future events and financial performance, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor provisions of those Sections. The Company's future operating results are subject to various risks and uncertainties and could differ materially from those discussed in the forward-looking statements and may be affected by various trends and factors which are beyond the Company's control. These risks and uncertainties include, among other factors, business and economic conditions, rapid technological changes accompanied by frequent new product introductions, competitive pressures, dependence on key customers, inability to gauge order flows from customers, fluctuations in quarterly and annual results, the reliance on a limited number of third party suppliers, limitations of the Company's manufacturing capacity and arrangements, the protection of the Company's proprietary technology, the dependence on key personnel, changes in critical accounting estimates, potential impairments related to goodwill and investments, foreign regulations, and potential material weaknesses in internal control over financial reporting. In addition, during weak or uncertain economic periods, customers' visibility deteriorates causing delays in the placement of their orders. These factors often result in a substantial portion of the Company's revenue being derived from orders placed within a quarter and shipped in the final month of the same quarter. The Company undertakes no obligation to publicly update any forward-looking statement or risk factor, whether as a result of new information, future events, or otherwise. Forward-looking statements should be read in conjunction with the audited Consolidated Financial Statements, the Notes thereto, Risk Factors, and Management's Discussion and Analysis of Financial Condition and Results of Operations of the Company as of December 31, 2007, as contained in the Company's Annual Report on Form 10-K, and other documents filed with the Securities and Exchange Commission.
The names of actual companies, products, or services may be the trademarks, registered trademarks, or service marks of their respective owners in the United States and/or other countries.
Press Officer for Performance Technologies at GSMA Mobile World Congress, Noreen Jurek, NEJ Marketing, +1-919-418-5400, noreenjurek@bellsouth.net; Corporate Marketing Contact, Will Smith, Marketing Communications Manager, Performance Technologies, +1-585-256-0200, wjs@pt.com
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