Kapsch and PT Strengthen Strategic Partnership, Enhance LTE Network Solutions Portfolio
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ROCHESTER, NY and VIENNA, AUSTRIA, Aug 15 (Marketwire) -- PT (NASDAQ: PTIX), a leading global supplier of advanced network communications, and Kapsch CarrierCom, a global provider of fixed, mobile, transportation and access networks, today jointly announced that PT's SEGway Universal Diameter Router (UDR) has been selected by Kapsch CarrierCom as their LTE Signalling Router solution for Telecommunication Operators. It will be offered to Kapsch's telecommunications customers as part of their Evolved Packet Core solutions. PT and Kapsch have an existing partnership agreement, whereby Kapsch CarrierCom supplies the PT SEGway Signalling products (STPs and Signalling Gateways) to Telecommunication Operators, as well as customers in the railway communications segment as part of their GSM-R Mobile Network Solution. By extending the relationship to include the SEGway UDR signalling solution for the mobile arena, Kapsch CarrierCom demonstrates a high level of confidence in PT's technology and support. Diameter Protocol is the signalling method used by multiple elements in emerging IMS and LTE networks for traffic management, authentication and accounting. PT's SEGway UDR enables complex architectures comprised of session controllers, gateways, policy servers and charging systems to be intelligently and reliably interconnected, efficiently supporting the tremendous volume of network information being exchanged. The Universal Diameter Router, with its IP-native, built-for-purpose platform provides scalable high performance through powerful multi-core processors. "Kapsch CarrierCom considered PT's proven track record in relevant technologies, as well as our experience with their high level of excellence in support, to arrive at our decision to select PT as strategic supplier for the Diameter Router," said Jochen Nowotny, Vice President Product Line Management of Kapsch CarrierCom. "We are proud to amplify our role as a strategic partner to Kapsch CarrierCom and as a vital piece of their sophisticated LTE solution portfolio," commented John Slusser, President and CEO at PT. "PT leverages our wealth of experience in the realm of signalling to evolve technology to this next generation of advanced routing and screening." PT's Universal Diameter Router is in the Kapsch CarrierCom state-of-the-art LTE/EPC interoperability lab in Vienna. SEGway's open standards-based architecture makes it suitable for a wide variety of Next-Generation Network (NGN) deployments. Online Resources http://go.pt.com/udr About Kapsch (http://www.kapschcarrier.com; http://www.kapsch.net) Kapsch CarrierCom is a global supplier and independent system integrator of telecommunication solutions for railway operators and providers of access, core and transmission networks. In seven R&D centers in Europe and Asia, Kapsch CarrierCom develops applications and services for next generation networks and innovative OSS / BSS solutions. In addition, Kapsch CarrierCom provides an end-to-end service spectrum, which ranges from consulting, designing, installing and integrating, to maintaining, operating and supporting entire networks. Kapsch CarrierCom is part of the Kapsch Group and has its headquarters in Vienna. About PT (www.pt.com) PT (NASDAQ: PTIX) is a global supplier of advanced network communications solutions to service provider, government, and OEM markets. PT's portfolio includes IP-centric network elements and applications designed for high availability, scalability, and long life cycle deployments. The industry-leading Monterey MicroTCA and IPnexus Application-Ready Platforms anchor the company's broad range of offerings. PT's SEGway Signalling Solutions provide affordable, high density signalling, advanced Diameter routing for LTE and IMS applications, IP migration, gateway capabilities, and core-to-edge distributed intelligence, as well as features such as Number Portability and SMS Spam Defense. The SIP-based Xpress product family enables service providers to provision a wide range of revenue generating and churn-reducing applications in either cloud-based or captive architectures. PT is headquartered in Rochester, NY and maintains sales and engineering offices around the world. Forward Looking Statements This press release contains forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act and should be read in conjunction with the Company's documents filed with the Securities and Exchange Commission. PT is a trademark of Performance Technologies, Inc. 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. Contact Info: Sabina Berloffa Kapsch CarrierCom AG V.P. Marketing and Communications email@example.com +43 50 811 3510 Noreen Jurek PT Director, Marketing Communications firstname.lastname@example.org Phone: +1.585.784.7354 Copyright 2012, Marketwire, All rights reserved. -0-