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Name | Symbol | Market | Type |
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Ls 2x Citi | LSE:CITE | London | Exchange Traded Fund |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 2.5401 | 0 | 01:00:00 |
Citel PLC 06 June 2007 Citel plc Centennial Business Solutions Selects Citel as Supplier of VoIP Migration Equipment Citel Portico TVA Accelerates Enterprise Migration to Centennial's Aptus Service Centennial Business Solutions (NASDAQ: CYCL) announced today that it has selected Citel, the VoIP Migration Company(TM) (LSE AIM: CITE.L), to supply its Portico(TM) Telephone VoIP Adapter (TVA(TM)) for Centennial's Aptus hosted IP service. This service, combined with Citel's Portico TVA and the BroadSoft, Inc. BroadWorks(R) enterprise telephony platform, enables enterprises of all sizes to obtain the feature and cost-saving benefits of Voice over IP utilizing their existing PBX telephones and wiring infrastructure. The solution from Citel and Centennial Business Solutions delivers the features and functionality of VoIP without the costs associated with typical "rip and replace" VoIP migration solutions. With the Portico TVA, enterprises avoid the cost of network upgrades, new handsets, and retraining. PBX handsets connect over existing wiring directly to the Portico TVA, which connects to Centennial's Aptus network over Ethernet via the SIP protocol. "Centennial's Aptus hosted IP service is a compelling solution for businesses that want to add robust features and enhance productivity by keeping workers connected wherever they may be," said Edward Koerhuis, director of product and business development, Centennial Business Solutions. "Citel's Portico TVA adds to the value proposition further by enabling businesses to migrate very quickly and cost effectively by using their existing infrastructure." Centennial Business Solutions recently secured its first Portico TVA-enabled customer, Berrios, Inc., a major retailer with locations throughout Puerto Rico. Berrios will deploy the Portico TVA at more than 35 retail locations to support its growing operations and migration to Voice over IP. "Most enterprises seeking the cost and feature benefits of Hosted IP telephony are hesitant to throw away their existing PBX handsets in return for a costly and time consuming upgrade to IP phones and new LAN hardware," said Michael Burke, senior vice president, Citel. "Portico TVA enables these enterprises to obtain the benefits of Centennial's Aptus service using their existing telephone and wiring infrastructure. We're excited about the opportunity to work with Centennial Business Solution's sales force to bring the benefits of Hosted IP telephony to a broad range of customers." BroadSoft expects its partnership with Centennial Business Solutions and Citel to accelerate migration to Hosted IP in Puerto Rico and the Dominican Republic. "We are looking forward to a long and successful relationship with Centennial as the IP platform provider for its customer solution," said Scott Wharton, BroadSoft's vice president of marketing. "The combination of Citel's Portico TVA with our BroadWorks(R) VoIP platform and Centennial's Aptus service provides a complete hosted telephony offering for every size of enterprise. We are thrilled to be a part of this integrated approach to VoIP migration." The Citel Portico TVA is available in digital, P phone, and analog compatible configurations. It interoperates with more than 65 handset types including Avaya Definity(R), NEC DTERM, Nortel Meridian(R) and Norstar(R), Panasonic DBS, and Toshiba Strata DK. About Centennial Business Solutions Centennial Business Solutions is Puerto Rico's leading provider of integrated voice and data communications. The company offers comprehensive telecommunications services over its 100% digital, fiber optic network to enterprises throughout Puerto Rico and the US Virgin Islands. Web Site: www.centennialpr.com. About BroadSoft(R) BroadSoft provides VoIP application software that enables the delivery of hosted telephony and multimedia services. Its flagship BroadWorks(R) technology empowers wireless, wireline and cable carriers to deliver next-generation voice and multimedia applications and advanced features that enable them to increase revenue, enhance competitive differentiation and elevate customer satisfaction. BroadSoft's family of carrier-class software products delivers the scale, open architecture and reliability that the world's leading telecommunications companies demand to serve mission-critical enterprise and residential broadband customers. BroadSoft provides VoIP applications to 7 of the top 10 and 13 of the top 25 largest carriers worldwide, as measured by recent annual revenue, including KPN, Korea Telecom, Singtel, Sprint, Telefonica de Espana, Telstra, T-Systems, and Verizon. For additional information, go to www.BroadSoft.com. About Citel plc. Citel enables SMBs, large enterprises and service providers to realize the cost and productivity benefits of IP telephony while at the same time leveraging their existing PBX infrastructure. Businesses with single or distributed locations and PBX vendors can now deploy next-generation IP applications and services at their own pace, with little business disruption. Service providers can deploy hosted IP telephony services quickly, without having to "rip and replace" existing enterprise PBX handsets and LAN cabling. Citel is a publicly traded company with corporate headquarters in Seattle, and development offices in Calgary, Alberta (Canada) and Nottingham, England (UK). For more information, visit www.citel.com. The contents of this Press Release may contain forward-looking statements which can be generally identified as such because the context of the statement will include the words such as Citel plc "expects", "should", "believes", "anticipates" or words of similar import. Such forward looking statements are subject to certain risks and uncertainties including the financial performance of Citel plc which could cause actual results, performance or achievements of Citel plc to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. This Press Release does not constitute or form any part of any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for any securities in any jurisdiction, nor shall it (or any part of it) or the fact of its distribution form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment therefore". # # # # Copyright 2007, Citel plc. All Rights Reserved. Citel, Portico, TVA, and The VoIP Migration Company are either trademarks or registered trademarks of Citel. All other product and company names mentioned herein may be trademarks of their respective owners. Further Information Cardew Group Tim Robertson 020 7930 0777 M: 07900 927 650 Shan Shan Willenbrock David Roach This information is provided by RNS The company news service from the London Stock Exchange END NRAVELFBDQBXBBV
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