3G Reseller Agreement with NEC

ASIA : Overture Networks, Inc., a developer of telecommunications solutions that enable carriers to deliver Ethernet and traditional voice/data services over metro networks, today announced that it has signed a multi-year worldwide reseller agreement with NEC Corporation, a leading supplier of telecommunications equipment to carriers.

Inset is Jeff Reedy, President & CEO of Overture. Headquartered in Tokyo, Japan, with sales offices worldwide, NEC will represent, sell and support Overture Networks' ISG 5000, a unique metro edge platform that enables carriers to deliver Ethernet and traditional voice, data and video services over metro networks, both today and as the network evolves. With the ISG 5000, NEC will provide telecommunications carriers, 2.5/3G wireless operators, cable multi-system operators (MSO) and large enterprises a way to transition towards a data-optimized network while extending their investment in current TDM networks.

"Although Ethernet traffic is growing rapidly in Asia, including Japan, we have identified that the demand for traditional TDM services will exist for years to come. The carriers also rely heavily on TDM services as a significant revenue stream," said Mas Iwama, Systems Development Division, NEC Corporation in Tokyo, Japan. "With the Overture Networks ISG 5000, carrier customers can now enjoy significant cost savings by aggregating Ethernet and traditional TDM voice, data, and video circuits together and transporting them over lower cost metro Ethernet services. Additionally, we have also seen significant interest with wireless operators for transporting 2.5G/3G TDM base station traffic over lower cost Ethernet networks."

"The Asian region represents one of the largest potential markets for Overture's multi-service metro aggregation solutions," said Jeff Reedy, president and CEO of Overture Networks. "Partnering with NEC and benefiting from its breadth and depth of complementary products, relationships with carriers, industry reputation and vast sales channels is a tremendous opportunity for us. NEC's selection of the ISG 5000 as their metro aggregation solution proves we've built the right solution to address the complex needs of today's carriers."

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