UTStarcom Unveils Next-Generation IP Transaction Gateway at NXTCOMM
CHICAGO, June 19 /PRNewswire-FirstCall/ -- NXTCOMM -- UTStarcom, Inc.
(Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions
and services, today unveils one of the most advanced transaction processing
gateway solutions on the market today -- the AccessGuard(TM) 500.
New Platform to Provide Secure Transmission for High Volume Financial Transactions
The new AccessGuard 500 -- a highly scalable platform that enables site
consolidation, growth and support of the newest methods of processing
transactions in an all-IP environment -- makes its debut at UTStarcom's booth
(#4068) at NXTCOMM, June 18-21, 2007, in
Compact enough to support up to 2,000 concurrent IP connections within one
shelf, the AccessGuard 500 also helps connect new IP terminals via public or
private networks without altering the host transaction processing systems. In
addition, this robust and powerful IP transaction gateway integrates the
latest in encryption technology and has the ability to drastically reduce
transaction times with more efficient routing solutions.
'In the past, access to financial systems has proven to be very limited,
complex and insecure. However, with the advent of IP, virtually anyone can
gain secure access to any system, at any time, from anywhere, while using a
wide array of devices,' said
international sales and marketing at UTStarcom, Inc. 'Financial institutions
are employing methods to provide the highest level of security, while giving
their customers new methods of access to their accounts and minimizing the
time required to complete a transaction. As an experienced transaction
processing gateway vendor, UTStarcom is assisting our customers with these new
deployments by introducing a compact, IP-based system that can not only
transfer data securely, but do so in huge volumes.'
Today's IP networks are becoming increasingly tasked to support the
transfer of highly secure and encrypted financial data, and UTStarcom's
AccessGuard 500 has the potential to play a leading role in these
applications. The IP transaction gateway can facilitate up to 2,000
concurrent transfer connections, while also accommodating specific transaction
legacy systems. This compact system also allows for deployment flexibility and
it is available with a highly intuitive management system.
The AccessGuard 500 is available to customers for trials and will be available
for commercial deployment in the fourth quarter of 2007.
About UTStarcom, Inc.
UTStarcom is a global leader in IP-based, end-to-end networking solutions
and international service and support. The company sells its broadband,
wireless, and handset solutions to operators in both emerging and established
telecommunications markets around the world. UTStarcom enables its customers
to rapidly deploy revenue-generating access services using their existing
infrastructure, while providing a migration path to cost-efficient, end-to-end
IP networks. Founded in 1991 and headquartered in Alameda, California, the
company has research and design operations in the
For more information about UTStarcom, visit the company's Web site at
The foregoing statements regarding, without limitation, the anticipated
date of deployment of the AccessGuard 500, the benefits to customers provided
by the Company's product, and demand for services that utilize the Company's
products are forward-looking in nature and are subject to risks and
uncertainties that may cause actual results to differ materially. These
factors include rapidly changing technology, possible delays in system
deployments, the termination of new contracts, partnerships or alliances, and
other uncertainties, such as changes in government regulation and licensing
requirements. UTStarcom also refers readers to the risk factors identified in
its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current
Reports on Form 8-K as filed with the Securities and Exchange Commission.
SOURCE UTStarcom, Inc.