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Yak Purchases SanteraOne Switch From Tekelec For Class 4/5 Services
Business Wire, Sept 16, 2003
Business Editors/High-Tech Writers
MIAMI & TORONTO--(BUSINESS WIRE)--Sept. 16, 2003
Yak Communications (USA), Inc. (Nasdaq: YAKC), a provider of international long distance discount services to residential and business customers, announced today that its wholly-owned subsidiary, Yak Communications (Canada), Inc., has purchased a SanteraOne(TM) next-generation switch from Tekelec (Nasdaq:TKLC). The switch will deliver both local (Class 5) and long-distance (Class 4) next-generation voice services to subscribers.
"By deploying SanteraOne, which is anticipated in November 2003, we plan to seamlessly migrate existing local and long distance service from four legacy switches onto a single 40,000-port switch, expandable to 100,000 ports. As a result, we anticipate a significant operational savings of about 70 per cent," said YAK President and CEO Charles Zwebner. "In addition, the switch allows us to add capacity for our growing customer base, evolve with voice over IP technologies and increase our business with new products and services."
SanteraOne, a carrier-grade integrated voice and data next-generation switching solution from Tekelec, also will allow Yak to offer broadband telephony over a single connection and a single billing platform for all-in-one services. Additionally, Yak will have the ability to offer its small to mid-sized enterprise customers speed-to-market solutions for the convergence of voice and data, wireless and wireline as well as WiFi access for the in-office and away-from-office environments.
"Yak Communications and Tekelec share the common vision of deploying next-generation technologies to enable feature-rich, local and long-distance services in the marketplace today," said Fred Lax, Tekelec President and CEO. "Yak has the customer base, infrastructure, and resources to create market demand and deliver on it. With SanteraOne in place, Yak is uniquely positioned to deliver both traditional and next-generation voice and broadband data services to the residential and enterprise customer."
About Yak Communications Inc.
YAK Communications (USA), Inc. (the "Company") (NASDAQ: YAKC) was incorporated in December 1998 in Florida to provide international long distance discount services to business and residential customers. The Company specializes in offering these services to consumers by way of a dial-around (known as "10-10"). The Company is a facilities based reseller, which utilizes its own switching systems. Visit www.yak.com.
About Tekelec
Tekelec is a leading developer of telecommunications signaling and switching solutions, packet-telephony infrastructure, network monitoring technology, and value-added applications. Tekelec's innovative solutions are widely deployed in traditional and next-generation wireline and wireless networks and contact centers worldwide. Corporate headquarters are located in Calabasas, California, with research and development facilities and sales offices throughout the world. For more information, please visit www.tekelec.com.
Statements contained in this news release not strictly historical are forward looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995. The Company makes these statements based on information available to it as of the date of this News Release and assumes no responsibility to update or revise such forward-looking statements.
Editors and investors are cautioned that forward-looking statements invoke risk and uncertainties that may cause the Company's actual results to differ materially from such forward-looking statements. These risks and uncertainties include, without limitation, the successful deployment of new equipment and realization of material savings therefrom, as well as, demand for the Company's services, competition from larger and/or more experienced telecommunications providers, the Company's ability to continue to develop its market, general economic conditions, government regulation, and other factors that may be more fully described in the Company's literature and periodic filings with the Securities and Exchange Commission.
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