Signalware Platform Powers Enterprise Wireless Telecommunication Services
Mount Laurel, NJ , November 13, 2007 — At the GSMA Mobile Asia Congress in Macau, China, Ulticom®, Inc. (ULCM.PK), a leading provider of network signaling solutions, today announced telecommunications equipment maker Contela Inc. has chosen Ulticoms Signalware® software as the signaling platform for its enterprise, IP-based Wireless Office Solution (IP-WOS).
Contelas IP-WOS is an all-IP based system which allows an enterprise to easily build Local Area Wireless Networks inexpensively. With IP-WOS, corporate users can seamlessly access an enterprises communication services using their CDMA phone, as easily as they do with their PBX extensions. Users have the added benefit of being able to use these corporate CDMA phones for both public and private access.
Signalware provides Contela with a robust application development and deployment platform to deliver new value-added services to their customers. With support for a wide variety of global SS7 standards and flexible support for country-specific protocol variants, Signalware can be used as part of a strategy to meet global network deployment requirements.
“Our partnership with Ulticom started several years ago with the development of our wireless convergence infrastructure solutions, including our recent Colour Ringback Tone service. We chose Signalware SS7 for the IP-WOS solution because of its carrier-grade reliability and proven track record in the field,” said Mr. HaeKwan Jung, Team Leader, Marketing Team at Contela. “We were impressed with its performance and flexibility to enable new value added services that our customers can take to market quickly.”
IP-WOSs high-density capabilities allow carriers to reduce the number of servers a typical service is deployed on, thus reducing expenses. This was a major factor for SK Telecom, the leading wireless carrier in Korea, who recently chose the system for its enterprise customer base. “SK Telecom can now provide new solutions cost effectively to their corporate clients,” continued Contelas Mr. HaeKwan Jung. “The new services they can now offer with IP-WOS result in increased customer satisfaction, and they are saving on OPEX due to less system maintenance and downtime.”
“Contela is one of the leading solution providers in Asia that have already experienced the advantage of deploying Signalware SS7 in their product portfolios,” commented Osman Duman, senior vice president and CMO at Ulticom. “Were excited to work with Contela to deliver a truly converged network application that offers immediate value to enterprise customers.”
About Ulticom, Inc.
Ulticom provides service essential signaling solutions for wireless, wireline, and Internet communications. Ulticom’s products are used by leading telecommunication equipment and service providers worldwide to deploy mobility, location, payment, switching, and messaging services. Ulticom is headquartered in Mount Laurel, NJ with additional offices in the United States, Europe, and Asia.
About About Contela, Inc.
Contela is the leading developer of IP-based wireless, micro infrastructure and possesses a totally integrated end-to-end solution. The company is headquartered in Boondang, Korea. The company employs leading engineers from both wireless carriers and leading CDMA manufacturers with a comprehensive knowledge of the requirements of service providers and large corporate customers.
Note: This Release contains “forward-looking statements” for purposes of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual events or results could differ materially from the results predicted or from any other forward-looking statements made by, or on behalf of, the Company, and should not be considered as an indication of future events or results. Important factors that could cause actual results to differ materially include: the results of the Audit Committee’s review of matters relating to the Company’s stock option practices and other accounting matters; the results of Comverse’s review of its stock option awards as applicable to employees of the Company; the impact of any restatement of the financial statements of the Company or other actions that may be taken or required as a result of such reviews; the Company’s inability to file required reports with the Securities and Exchange Commission; the risks of dealing with potential claims and proceedings that may be commenced concerning such matters; risks associated with the delisting of the Company’s shares from The NASDAQ Stock Market and the quotation of the Company’s common stock in the “Pink Sheets,” including any adverse effects related to the trading of the stock due to, among other things, the absence of market makers; risks of litigation and of governmental investigations or proceedings arising out of or related to the Company’s stock option grants or any restatement of the financial statements of the Company; risks associated with the development and acceptance of new products and product features; risks associated with the Company’s dependence on a limited number of customers for a significant percentage of the Company’s revenues; changes in the demand for the Company’s products; changes in capital spending among the Company’s current and prospective customers; aggressive competition may force the Company to reduce prices; risks associated with rapid technological changes in the telecommunications industry; risks associated with making significant investments in the expansion of the business and with increased expenditures; risks associated with holding a large proportion of the Company’s assets in cash equivalents and short-term investments; risks associated with the Company’s products being dependent upon their ability to operate on new hardware and operating systems of other companies; risks associated with dependence on sales of the Company’s Signalware products; risks associated with future networks not utilizing signaling systems and protocols that the Company’s products are designed to support; risks associated with the products having long sales cycles and the limited ability to forecast the timing and amount of product sales; risks associated with the integration of the Company’s products with those of equipment manufacturers and application developers and the Company’s ability to establish and maintain channel and marketing relationships with leading equipment manufacturers and application developers; risks associated with the Company’s reliance on a limited number of independent manufacturers to manufacture boards for the Company’s products and on a limited number of suppliers for board components; risks associated with becoming subjected to, defending and resolving allegations or claims of infringement of intellectual property rights; risks associated with others infringing on the Company’s intellectual property rights and the inappropriate use by others of the Company’s proprietary technology; risks associated with the Company’s ability to retain existing personnel and recruit and retain qualified personnel; risks associated with the increased difficulty in relying on equity incentive programs to attract and retain talented employees and with any associated increased employment costs; risks associated with rapidly changing technology and the ability of the Company to introduce new products on a timely and cost-effective basis; risks associated with changes in the competitive or regulatory environment in which the Company operates; and other risks described in filings with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of Ulticom with the Securities and Exchange Commission. All such documents are available through the SEC’s website at www.sec.gov or from Ulticom’s web site at www.ulticom.com. Ulticom makes no commitment to revise or update any forward-looking statements except as required by law.
© 2007 Ulticom, Inc. All rights reserved. Ulticom, Signalware and nSignia are trademarks of Ulticom, Inc. All other products referenced are trademarks of their registered holders