Additional SIP Expertise to Accelerate Next-Generation Signaling
Development
MORRISVILLE, N.C.--(Business Wire)--
Further solidifying its leadership position in Session Initiation
Protocol (SIP), Tekelec (NASDAQ:TKLC) today announced it has recently
acquired substantially all of the assets of Estacado Systems, LLC, a
software development company led by a team that has been instrumental
in the creation of Session Initiation Protocol (SIP) and a number of
its advanced features.
"As the world leader in signaling, Tekelec is known for innovation
and aggressive R&D investment," said Frank Plastina, president and
CEO, Tekelec. "As networks continue to migrate, our customers depend
on us to provide them with the industry's most advanced signaling
solutions. With this acquisition, we're extending our depth in
SIP-based intellectual property - bringing some of the industry's most
talented and well known SIP experts in house - to accelerate the
development of next-generation and IMS solutions for our customers."
Estacado Systems was established in 2004 by a team of SIP pioneers
including Ajay Deo, Ben Campbell, Adam Roach and Robert Sparks.
Members of the company's executive team are key players in the
industry, promoting SIP as the broadly accepted standard for
next-generation signaling. They continue to serve on the SIP Forum and
chair several Internet Engineering Task Force (IETF) working groups,
along with authoring over 20 Requests for Comment (RFCs). Their deep
expertise also includes SIMPLE-based presence and instant messaging
and broadband VoIP networking. In addition, they have substantial
experience in related technologies, such as 3GPP IMS subsystems. The
core team also contributed to the design, development and deployment
of one of the earliest IMS networks in the United States.
The Estacado team, which will remain based in Dallas, Texas,
complements Tekelec's world-class engineering talent and the earlier
acquisition of iptelorg GMBH, while bolstering the company's arsenal
of next-generation signaling solutions.
About Tekelec
Tekelec leverages its global leadership in core multimedia session
control and network intelligence to ensure scalable, secure and highly
available communications. The company's leading signaling solutions
enable the interworking of different network applications,
technologies and protocols, providing a smooth transition to
next-generation networks. 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.
Forward-looking Statements
Certain statements made in this press release are forward looking,
reflect the Company's current intent, belief or expectations, and
involve certain risks and uncertainties. The Company's actual future
results may not meet the Company's expectations. Factors that may
cause future results to differ materially from the Company's current
expectations, in addition to those identified in the Company's Annual
Report on Form 10-K for 2006 and its other filings with the Securities
and Exchange Commission, include, among others, the customer demand
for SIP-based products and the company's ability to protect its
intellectual property rights. The Company undertakes no obligation to
publicly update any forward-looking statements whether as a result of
new information, future events or otherwise.
Tekelec Public Relations Contact
Joanne Latham, Director, Corporate Marketing
919-653-9655; joanne.latham@tekelec.com
or
Tekelec Investor Contact
Jim Chiafery, Director, Investor Relations
919-461-6825; jim.chiafery@tekelec.com
Copyright Business Wire 2008
