Performance Technologies (NASDAQ: PTIX), a leading provider of innovative communications solutions, today announced that TynTec GmbH, a global mobile messaging provider, has purchased the company's SEGway™ Link Replacement Solution to enhance their network performance and support a greater volume of text messages. TynTec offers advanced Short Messaging Services (SMS) to mobile network operators, enterprise carriers, internet companies, and mobile services providers worldwide.
Built on a carrier-grade platform, Performance Technologies' SEGway Link Replacement is a high performance transport solution, ideal for high latency environments such as SS7 over satellite or SS7-to-IP networks. It is transparent in the network, requiring no point code, no switch translations, no reconfiguration, and no maintenance. Best of all, the more efficient bandwidth utilization lowers the cost of signal transport. Where once providers needed to lease costly, dedicated E1/T1 facilities to ensure the integrity of long-haul signalling, they now have an affordable alternative that is scalable and highly reliable.
"Performance Technologies’ SEGway Link Replacement Solution provides us the flexibility to expand our rapidly growing network quickly and efficiently, in the most cost-effective way," said Thorsten Trapp, CTO of TynTec. "With SEGway in our network, we're positioned to offer our customers the best quality, most reliable, and fastest connections to other networks."
In the mobile messaging market, the ability to provision services internationally and offer wide network coverage are the differentiators for leadership. TynTec delivers true operator-level SMS through a unique infrastructure comprising four hundred networks in 160 countries. Their customers are guaranteed worldwide coverage as well as secure message delivery within fifteen seconds.
"Major telecoms carriers as well as emerging messaging service providers recognize that short-term ROI and enhanced service offerings are the direct result of implementing our SEGway Link Replacement," said Performance Technologies Senior Vice President Patt Rice. "We are pleased to welcome TynTec to our growing roster of satisfied customers around the globe who are experiencing the essential value of Simply Smarter Signaling®."
TynTec (tyntec.com) is leading the industry in the provision of Service Level Agreements (SLAs) for SMS. By committing to strict parameters on reliability, throughput, uptime and speed, TynTec can offer clients a mobile messaging technology that can be relied upon in truly mission critical environments. TynTec's technology, combined with its SLAs, upgrades messages to a higher level than traditional 'consumer' SMS, leveraging SMS to be used in enterprise applications. TynTec was founded in 2002 and has offices in the UK, Germany, and Singapore.
About Performance Technologies
Performance Technologies (pt.com) is a global supplier of advanced network communications and control solutions to end users, application developers, and original equipment manufacturers that serve mission critical telecommunications as well as aerospace and defense markets. The company provides remotely manageable, IP-centric network elements specifically engineered for high availability, scalability, and long life cycle deployments. Its products are built upon its own U.S. manufactured hardware combined with the company’s NexusWare® Carrier Grade Linux® operating system and software development environment plus a broad suite of communications protocols and high availability middleware. Performance Technologies’ product portfolio includes the SEGway™ suite of Signalling (SS7/SIP) Transfer Points, Signalling Gateways and Bridges, and its IPnexus® family of COTS-based application-ready systems, WAN gateways, and multi-protocol communications servers.
Performance Technologies maximizes the value proposition of its products by leveraging its field proven systems, software, and hardware technologies developed over a twenty-eight year record of demonstrated innovation. A tightly integrated combination of these technologies results in measurable benefits to its customers through compelling return-on-investment and substantially accelerated time-to-market metrics. The company is headquartered in Rochester, NY and maintains centers of engineering excellence in San Diego and San Luis Obispo, CA, and Kanata, ON, Canada. It has sales and marketing offices in the U.S. in Raleigh, Chicago, Dallas, and San Jose and international offices in London, England and Shanghai, China.
Forward Looking Statements
This press release contains forward-looking statements which reflect the Company's current views with respect to future events and which could impact the Company's financial performance. These statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act. The Company's future operating results are subject to various risks and uncertainties and may be affected by various trends and factors which are beyond the Company's control, including customers' acceptance of the Company's new products. 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, 2008, as contained in the Company’s Annual Report on Form 10-K, and other documents filed with the Securities and Exchange Commission.
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.