SOURCE: Metaswitch Networks

Metaswitch Networks

January 13, 2010 09:00 ET

Metaswitch Rings in the New Decade

Customer and Market Milestones Are Defining Moments in Continued Growth

ALAMEDA, CA--(Marketwire - January 13, 2010) - With a new year and decade underway, Metaswitch Networks is celebrating with some numbers of its own. The company closed 2009 with 250 customers for the Network Protocols Division and topped the 500 mark for the Carrier Systems Division.

The landmark "customer 500" is in the Philippines: Misamis Oriental Telephone System Inc. This progressive incumbent provider is ready to leave the decades of TDM behind for today's cost-saving benefits and advanced application capabilities of an IP telephony solution. Metaswitch continues to win business and expand into the Asia Pacific region, building on its market leadership in North America. In the most recent Service Provider VoIP Equipment and Subscribers Q3 2009 report from Infonetics Research, Metaswitch maintained the number one position in North America with a 59.9 percent market share in Class 5 softswitch licenses while also holding a 24.4 percent share worldwide.

Celtro became the 250th customer of the Network Protocols Division. Celtro selected Metaswitch MPLS and IP Routing protocol suites to power their mobile backhaul switching solutions.

Also stimulating the new decade is the December announcement that the U.S. government has finally started distributing funds as part of the $7.2billion Recovery Act broadband grant and loan programs. Among the early recipients, Slic Network Solutions, a subsidiary of Nicholville Telephone Co., will use part of its Broadband Stimulus grant to purchase Metaswitch equipment and bring VoIP phone service to consumers and business owners in Franklin County, in rural northern New York state.

Completing a strong finish to the decade, Metaswitch was chosen as the Telecommunications Company of the Year (UK) by ACQ Finance magazine. Selected for its three decades of profitability and revenue growth, Metaswitch was also recognized for consistently being listed as one of the top places to work in the UK.

"It's been a truly defining decade for Metaswitch," said John Lazar, CEO. "From product conception to 500 customers in our Carrier Systems Division, matched by continued success with our Network Protocols Division we thank all of the customers that have put their trust in our solutions."

About Metaswitch Networks

Metaswitch Networks is a leading provider of carrier systems and software solutions that are powering the migration of communications networks to open, packet-based architectures. Hundreds of network operators worldwide depend on its Carrier Systems Division for reliable, scalable session control, media gateway and application/feature server solutions to enable compelling revenue-generating services. Its Network Protocols Division develops high performance, portable software components that are integrated into the products of the world's leading communications equipment manufacturers. For more information, please visit www.metaswitch.com.

Copyright © 2010 Metaswitch Networks. "Metaswitch" is a registered trademark. Brands and products referenced herein are the trademarks or registered trademarks of their respective holders.

Contact Information