Mavenir Systems (NYSE: MVNR) today announced its Virtualized Evolved
Packet Core (EPC), specifically designed to optimize the deployment of
data and voice services for mobile operators transforming their networks
to 4G LTE. Mavenir's EPC solution provides a full suite of
standards-defined wireless functions (SGW, PGW and MME) on a virtualized
software platform that provides mobile operators the flexibility and
cost efficiencies needed to cope with burgeoning growth in mobile data
Mavenir's EPC is a software-based, carrier grade solution that can be
deployed on cloud-based infrastructures using Network Functions
Virtualization (NFV) to rapidly scale capacity and adapt to new
deployment models. Mavenir's EPC is based on a unique distributed
architecture that splits control and bearer planes which optimizes
packet processing and introduces capacity gains and cost efficiencies,
as compared to conventional EPC solutions.
"With this latest innovation, Mavenir is redefining the 4G LTE mobile
core network," said Pardeep Kohli, President and Chief Executive
Officer, Mavenir Systems. "Our revolutionary approach optimizes the
overall LTE architecture with the integration of EPC and IMS on
cloud-based infrastructure and makes the mobile core network access
Typical LTE architectures today are based on monolithic, purpose-built
platforms that are deployed in centralized data centers, and have
dedicated infrastructure for separate access networks, such as LTE or
Wi-Fi. Mavenir's approach simplifies the mobile core network by
optionally integrating Mavenir's recently announced Session
Border Controller (SBC) with the EPC thus providing flexible and
unified access to 4G LTE services. Customer trials will start in 2Q14.
Mavenir™ will be at Mobile World Congress 2014 in Barcelona from
February 24th - 27th, at Booth 6G40. To schedule a meetig, contact firstname.lastname@example.org.
Statements in this press release that are not purely historical facts
constitute forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements
include statements regarding Mavenir's expectations with respect to the
adoption of VoLTE, the migration to 4G technology by mobile service
providers and Mavenir's views about its market opportunity.
Forward-looking statements can generally be identified by words such as
"anticipates," "may," "can," "believes," "expects," "projects,"
"intends," "likely," "target," "will," "to be" and other expressions
that are predictions or indicate future events, trends or prospects,
although not all forward-looking statements contain these identifying
words. These forward-looking statements represent management's current
expectations and involve known and unknown risks, uncertainties and
other factors that may cause the actual results, performance or
achievements of Mavenir to differ materially from any future results,
performance or achievements expressed or implied by such forward-looking
statements. Accordingly, investors should not place undue reliance on
these forward-looking statements.
Factors that could cause actual results to differ materially from those
indicated by the forward-looking statements include risks regarding the
timing of the adoption of 4G by mobile service providers around the
world; mobile service providers' investment in next-generation
communications technology; our ability to sell solutions to mobile
service providers, particularly those serving large numbers of
customers; the length and variability of the sales cycles for our
solutions; actions taken by our competitors; our ability to negotiate
acceptable financial terms with our mobile service provider customers;
the performance of our solutions when implemented in mobile service
provider networks; management's ability to accurately forecast Mavenir's
financial results; the timing of revenues and the application of complex
revenue recognition rules to such revenues; prolonged negative economic
conditions in domestic and global markets; and other factors described
in our filings with the Securities and Exchange Commission ("the SEC"),
including under the caption "Risk Factors" and elsewhere in our
prospectus filed with the SEC on November 7, 2013. Additional
information will also be set forth in Mavenir's quarterly report on Form
10-Q for the quarter ended September 30, 2013, as well as its annual
reports on Form 10-K and other future SEC filings. There is no assurance
that Mavenir's expectations will be realized. If one or more of these
risks or uncertainties materialize, or if Mavenir's underlying
assumptions prove incorrect, actual results may vary materially from
those expected, estimated or projected. The statements in this press
release are made as of the date of this press release, even though this
press release is made available on Mavenir's website or otherwise.
Mavenir does not assume any obligation to update the forward-looking
statements provided herein to reflect events that occur or circumstances
that exist after the date on which the forward-looking statements were
made, except as required by law.
Mavenir (NYSE: MVNR) is a leading provider of software-based
communications solutions that enable mobile service providers to deliver
high-quality internet protocol (IP)-based voice, video, rich
communication and enhanced messaging services to their subscribers
globally. Mavenir's mOne® software platform has enabled leading mobile
service providers to introduce the industry's first live network
deployment of Voice-Over-LTE (VoLTE) and the industry's first live
deployment of next-generation Rich Communication Services 5.0 (RCS). Our
solutions deliver next-generation services such as RCS, VoLTE and Voice
over Wi-Fi (VoWi-Fi) over existing 2G and 3G networks and
next-generation 4G LTE networks.
© 2014 Mavenir Systems, Inc. All rights reserved.
Mavenir Systems®, mOne®, AirMessenger®, Mavenir™, mStore™ and mCloud™,
Transforming Mobile Networks™, are trademarks of Mavenir Systems, Inc.
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