Performance Technologies Doubles Capacity of SEGway™ Signaling Solutions with New X401 Platform that is Rock Solid to the Core
SEGway™ X401 platform delivers higher capacity solutions for the network core at lowest lifecycle cost
June 19, 2007 - ROCHESTER, NY AND CHICAGO, IL - Performance Technologies (NASDAQ: PTIX), a leading developer of communications platforms and systems, today unveiled at NXTcomm 2007 its highest capacity carrier-grade signaling solution to date. The SEGway™ X401 doubles the capacity of the current SEGway products, scaling up to 400 SS7 with ATM-HSL links and 256 M2PA links. During NXTcomm, Performance Technologies is showcasing its full range of SS7/IP signaling products.
Today's explosion of mobile services, network convergence and new applications is driving exponential traffic growth and SEGway X401 is 'right-sized' to assure unbeatable value for medium to large service providers. The SEGway X401 offers any-to-any connectivity, and is fully configurable as a high capacity STP, a Signaling Gateway or as a combined STP/Signaling Gateway network node. When deployed with Performance Technologies' IP-Edge systems, the duo delivers a total network solution that can grow to serve any size wireless or wireline service provider.
"The SEGway X401 is the right solution for capex-conscious carriers who need to expand their networks," said Deb Brunner-Walker, Signaling Systems Group marketing director for Performance Technologies. "When compared with competitors' offerings, the SEGway X401 STP offers unparalleled savings across the board, from initial purchase and installation, to ongoing lifecycle costs, without compromising capacity, quality or capability."
Performance Technologies recognizes that migration from a traditional TDM circuit-switched network to an IP-based signaling network must be both economically advantageous and seamless for customers. In addition to attractive start-up and operating costs, SEGway eases migration concerns when operators transition to IP networks. Performance Technologies' Point Code Emulation™ allows service providers to simplify and reduce the risk of switch migration activities, and to grow their signaling networks transparently. Representing an unprecedented shift in network expansion practices, upgrading or expanding the SEGway X401's IP-link capacity requires only a simple license key purchase and no additional hardware or software costs.
Performance Technologies is headquartered in Rochester, New York. Additional engineering facilities are located in San Diego and San Luis Obispo, California, and Kanata, Ontario, Canada.
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.
These forward-looking statements are subject to certain risks and uncertainties, and the Company's actual results can differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, among other factors, general business and economic conditions, rapid technological changes accompanied by frequent new product introductions, competitive pressures, dependence on key customers, the attainment of design wins and obtaining orders as a result, 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 investments, foreign regulations, and potential material weaknesses in the future. 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, 2006, as contained in the Company's Annual Report on Form 10-K, and other documents filed with the Securities and Exchange Commission.
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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 other countries.
June 19, 2007 - ROCHESTER, NY AND CHICAGO, IL - Performance Technologies (NASDAQ: PTIX), a leading developer of communications platforms and systems, today unveiled at NXTcomm 2007 its highest capacity carrier-grade signaling solution to date. The SEGway™ X401 doubles the capacity of the current SEGway products, scaling up to 400 SS7 with ATM-HSL links and 256 M2PA links. During NXTcomm, Performance Technologies is showcasing its full range of SS7/IP signaling products.
Today's explosion of mobile services, network convergence and new applications is driving exponential traffic growth and SEGway X401 is 'right-sized' to assure unbeatable value for medium to large service providers. The SEGway X401 offers any-to-any connectivity, and is fully configurable as a high capacity STP, a Signaling Gateway or as a combined STP/Signaling Gateway network node. When deployed with Performance Technologies' IP-Edge systems, the duo delivers a total network solution that can grow to serve any size wireless or wireline service provider.
"The SEGway X401 is the right solution for capex-conscious carriers who need to expand their networks," said Deb Brunner-Walker, Signaling Systems Group marketing director for Performance Technologies. "When compared with competitors' offerings, the SEGway X401 STP offers unparalleled savings across the board, from initial purchase and installation, to ongoing lifecycle costs, without compromising capacity, quality or capability."
Performance Technologies recognizes that migration from a traditional TDM circuit-switched network to an IP-based signaling network must be both economically advantageous and seamless for customers. In addition to attractive start-up and operating costs, SEGway eases migration concerns when operators transition to IP networks. Performance Technologies' Point Code Emulation™ allows service providers to simplify and reduce the risk of switch migration activities, and to grow their signaling networks transparently. Representing an unprecedented shift in network expansion practices, upgrading or expanding the SEGway X401's IP-link capacity requires only a simple license key purchase and no additional hardware or software costs.
About Performance Technologies
Performance Technologies (NASDAQ: PTIX) is a global supplier of integrated IP-based platforms and solutions for advanced communications networks and innovative computer system architectures. Our Embedded Systems Group offers robust application-ready platforms that incorporate open-standards based software and hardware, providing significantly accelerated end product deployment benefits for equipment manufacturers. Our Signaling Systems Group offers the SEGway™ product suite, which includes IP STPs, SS7 over IP transport solutions, and signaling gateways that enable lower operating costs through utilization of IP networks, thereby creating competitive advantages for carriers in existing and emerging markets.Performance Technologies is headquartered in Rochester, New York. Additional engineering facilities are located in San Diego and San Luis Obispo, California, and Kanata, Ontario, Canada.
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.
These forward-looking statements are subject to certain risks and uncertainties, and the Company's actual results can differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, among other factors, general business and economic conditions, rapid technological changes accompanied by frequent new product introductions, competitive pressures, dependence on key customers, the attainment of design wins and obtaining orders as a result, 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 investments, foreign regulations, and potential material weaknesses in the future. 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, 2006, as contained in the Company's Annual Report on Form 10-K, and other documents filed with the Securities and Exchange Commission.
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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 other countries.
