Speakerbus Announces the Acquisition of PAETEC's IP Based Trader Voice Service -...
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Speakerbus Announces the Acquisition of PAETEC's IP Based Trader Voice Service
- A VoIP Service Connecting Global Trading Parties
NEW YORK, June 24 /PRNewswire/ -- Speakerbus, a leading global provider
of high quality mission critical communications, announced today an agreement
to acquire the Trader Voice Service business of PAETEC Communications, Inc.
("PAETEC").
Speakerbus will market the new service under the Veclipse(TM) brand.
The agreement builds on the best core competencies of both companies,
including Speakerbus' specialization in the financial trading vertical,
international direct presence and a portfolio of IP based trader voice
solutions that connect directly to PAETEC's MPLS based IP infrastructure.
PAETEC will continue to provide the MPLS IP backbone for the customers
utilizing the trader voice services through a wholesale agreement with
Speakerbus.
The Veclipse(TM) network empowers customers to realize major benefits
from the Veclipse(TM) capability including:
- Dynamic management of line presentation, forking and re-routing,
enabling customers to react to business events across multiple
locations.
- Delivery of diversity and fault tolerance to customer trading system
demarcation points, enhancing the customer ability to remove any single
point of failure in trader voice connectivity.
- Connectivity to all existing turret and PBX platforms via IP, TDM or
analog interfaces ensuring compatibility with customer premises
equipment and providing an IP migration strategy that does not require
a change of supplier.
- Central directory system that provides real-time provisioning of new
lines by providing a transparent network overview with integrated
trouble tickets and billing.
Andy Wodhams, Managing Director of Speakerbus Group Plc, said "We are
very excited about providing our customers with a robust and scalable VoIP
network. With proven quality, reliability and security, VoIP on a managed
network delivers real cost savings, increased flexibility and better resource
utilization."
About Speakerbus:
Speakerbus develops and delivers mission critical voice communications
solutions to the Financial Services and Command & Control industries. As a
market leader in delivering innovative voice technology products such as IP
hoot n' holler systems, conferencing platforms and a SIP turret, Speakerbus
solutions are used by nine out of the top ten securities firms and installed
in 30 countries worldwide.
Contact: Bill Wagner
1Chase Manhattan Plaza 39th Floor
New York, New York 10005
+1-646-289-4734
william.wagner@veclipse.com
http://www.speakerbus.com
http://www.Veclipse.com
SOURCE Speakerbus Ltd
Contact: Bill Wagner, 1Chase Manhattan Plaza 39th Floor, New York, New York
10005, +1-646-289-4734, william.wagner@veclipse.com
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