Convedia Corporation

Convedia Corporation

March 15, 2005 10:02 ET

Convedia Ranked #1 Media Server Vendor by Infonetics Research


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CONVEDIA CORPORATION

MARCH 15, 2005 - 10:02 ET

Convedia Ranked #1 Media Server Vendor by Infonetics
Research

NEW ORLEANS--(CCNMatthews - Mar 15, 2005) -

Company Secures Dominant Position in IP Media Server Market for Wireline
and Wireless Operators, Capturing over Half of the Global Market in 2004

Convedia Corporation today announced that Infonetics Research, a leading
independent market research firm, has named Convedia as the global
leader in both market share and revenue for IP media servers in 2004.
Media Servers, also known in 3G/mobile networks as Multimedia Resource
Function Processors (MRFP), are a key element of the emerging IP
Multimedia Subsystem (IMS) architecture and provide a reusable and open
voice, video and multimedia processing platform for next generation
enhanced service solutions.

In-depth market research conducted by Infonetics concluded that Convedia
secured 51% of the global media server ports shipped in 2004 and noted
that the media server market grew 89% last year when measured by
revenue. The Infonetics research identified media servers as a key
element of the voice over IP Infrastructure market, a market which grew
36% in 2004 and which Infonetics projects will reach almost $6 billion
by 2008.

"As the leading vendor of media servers, Convedia is well positioned for
the explosive growth of VOIP and fixed/mobile convergence that we are
seeing globally," said Kevin Mitchell, Directing Analyst at Infonetics
Research. "2004 was the breakout year for real VOIP service deployments
and our analysis indicates that the migration to voice over IP is in
full swing. Convedia has done an admirable job developing a focused
product portfolio and establishing strategic partnerships with leading
application developers and incumbent network equipment providers. As a
result, Convedia has enjoyed significant success in this increasingly
important segment of the VOIP infrastructure market."

Since pioneering the IP Media Server market in early 2000, Convedia has
secured over 100 customers worldwide and over 20 of the top 50 service
providers globally depend on Convedia's media servers and technology
today. The company's multi-service platforms provide the foundation for
a broad range of traditional network-based services including voice
conferencing, prepaid calling card, voicemail, call center and IP
Centrex as well as new and exciting services such as custom ringback
tones, multiplayer online gaming, and mobile multimedia conferencing and
messaging.

"Both fixed and mobile service providers are embracing the IP Multimedia
Subsystem (IMS) architecture because of its ability to lower the cost of
delivering enhanced services as well as its ability to bring a
horizontally layered, Internet-like model of rapid service delivery and
innovation to the telecommunications marketplace," said Grant Henderson,
co-founder and executive vice president at Convedia. "Studies like those
from Infonetics Research show that voice over IP, the engine behind IMS,
is growing rapidly and has become the foundation of all next generation
network deployments. We are pleased that Infonetics has recognized
Convedia's ongoing commercial success and pioneering efforts in the
media server market."

Convedia's award-winning family of carrier-class IP Media Servers reduce
capital and ongoing operational costs by consolidating the functions of
traditional announcement and recording servers, interactive voice
response units (IVR/VRU), audio/video conference bridges, voice mail
servers, and speech platforms onto a single shared media processing
platform. Convedia works closely with leading network equipment
providers, application developers, and system integrators to deliver
some of the industry's most innovative and cost-effective network and
enhanced service solutions for service provider and large enterprise
customers.

About Infonetics Research

Infonetics Research (www.infonetics.com) is an international market
research and consulting firm covering the data networking and
telecommunications industries in North America, Europe, and Asia.
Infonetics helps companies develop, market, and sell products and
services by providing objective analysis of end-users, service
providers, and product manufacturers. Infonetics has offices in Silicon
Valley, the Boston Metro Area, and London.

About Convedia

Convedia® Corporation is the leading supplier of next-generation IP
media servers that enable telecommunication service providers to reduce
service delivery costs and increase revenues through new approaches to
enhanced services. Convedia's award-winning family of products includes
the CMS-6000 Media Server, a carrier-class media server capable of
scaling to 18,000 ports per shelf, and the CMS-1000 Media Server, a
low-cost, entry-level media server. Convedia is a privately held company
headquartered in Vancouver, Canada, with regional offices in Asia and
the United States. For additional information about Convedia, its
products, or the role of media servers in Softswitch, Packet Cable, or
2.5 and 3G/IMS wireless architectures, visit www.convedia.com.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Abelson Group for Convedia
    Jennifer Abelson, +1-917-445-4454
    jennifer@abelsongroup.com