SOURCE: Ulticom, Inc.

August 24, 2005 09:03 ET

Ulticom Continues Globalization Plans With Expansion in China

New Office in Shanghai, Certification of High Speed Link Capability in Signalware Will Better Serve the Needs of Local Customers

MOUNT LAUREL, NJ -- (MARKET WIRE) -- August 24, 2005 -- Ulticom®, Inc. (NASDAQ: ULCM), the premier provider of network signaling software solutions, today announced the opening of an office in Shanghai, China. The Shanghai office will focus on marketing the company's leading Signalware® software to telecommunications network equipment providers in the Chinese market while providing support for existing distribution partner Beijing Teamsun Technology Co., Ltd.

"In today's economy, businesses must understand and address the market dynamics in important economies like China to become a true global player," said Shawn Osborne, president and CEO of Ulticom. "We are pleased to enhance the successful distribution partnership we have with Teamsun by establishing a direct presence in this very strategic region."

In addition to the opening of the Shanghai office, Ulticom has received certification from China's Ministry of Information Industry (MII) of its high capacity signaling interface board, the Signalware PH0301. Signalware is now certified by the MII for SS7 ISUP, SCCP, and TCAP applications over both 64-Kbps (Narrow Band) and 2-Mbps (High Speed Link, or HSL) SS7 signaling links. The MII certification of the PH0301 board, along with certifications obtained in 2003 for the rest of the Signalware product line, expand Ulticom's ability to provide innovative signaling solutions to the Chinese market.

The rapid expansion of mobile communication services in China is creating a dramatic increase in traffic from roaming subscribers and SMS. In fact, according to the MII, 217 billion SMS text messages were sent last year in China, representing a 59% increase from the previous year. The HSL feature provided by the Signalware PH0301 board enables Chinese equipment vendors to deliver solutions that increase the signaling capacity for revenue-generating services like SMS while reducing the complexity and cost of operating the network.

"Ulticom's carrier-grade signaling products have been proven in network installations worldwide and provide a scalable solution capable of handling the demands of soaring subscriber expansion in the world's fastest growing telecommunications market," said Weihang Wang, president at Beijing Teamsun, Ulticom's Chinese distributor.

About Ulticom, Inc.

Ulticom provides service-enabling signaling software for wireless, wireline, and Internet communications. Ulticom's products are used by leading telecommunication equipment and service providers worldwide to deploy mobility, location, payment, switching, and messaging services. Traded on NASDAQ as ULCM, Ulticom is headquartered in Mount Laurel, NJ, with additional offices in the United States, Europe, and Asia. For more information, visit http://www.ulticom.com.

NOTE: This release may contain "forward-looking statements" under the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could cause actual results to differ materially include: changes in the demand for Ulticom's products; changes in capital spending among Ulticom's current and prospective customers; risks associated with Ulticom's dependence on sales of its Signalware products; risks associated with future networks not utilizing signaling systems and protocols which Ulticom's products are designed to support; risks associated with the development and acceptance of new products and product features; risks associated with Ulticom's dependence on a limited number of customers for a significant percentage of revenues; risks associated with the integration of Ulticom's products with those of equipment manufacturers and application developers and its ability to establish and maintain channel and marketing relationships with leading equipment manufacturers and application developers; risks associated with rapidly changing technology and the ability of Ulticom to introduce new products on a timely and cost-effective basis; risks associated with holding a large proportion of Ulticom's assets in cash equivalents and short-term investments and the reduction of prevailing interest rates; risks associated with Ulticom's ability to retain existing personnel and recruit and retain qualified personnel. These risks and uncertainties, as well as others, are discussed in greater detail in Ulticom's filings with the Securities and Exchange Commission, including the most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Ulticom's web site at www.ulticom.com. Ulticom makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made.

Ulticom, Signalware, Software Advancing Communications and Programmable Network are trademarks or registered trademarks of Ulticom, Inc.

Contact Information

  • Contacts:
    Investors:
    Ulticom, Inc.
    Chris Tunnard
    (856) 787-2972
    Email Contact

    Media:
    Ulticom, Inc.
    Debby Stefaniak
    (856) 787-2718
    Email Contact