Unique Architecture is Optimized for Cost Effective 4G LTE Data and Voice
RICHARDSON, Texas - Tuesday, February 11th 2014 [ME NewsWire]
(BUSINESS
WIRE)-- Mavenir Systems (NYSE: MVNR) today announced its Virtualized
Evolved Packet Core (EPC), specifically designed to optimize the
deployment of data and voice services for mobile operators transforming
their networks to 4G LTE. Mavenir’s EPC solution provides a full suite
of standards-defined wireless functions (SGW, PGW and MME) on a
virtualized software platform that provides mobile operators the
flexibility and cost efficiencies needed to cope with burgeoning growth
in mobile data traffic.
Mavenir’s EPC is a software-based,
carrier grade solution that can be deployed on cloud-based
infrastructures using Network Functions Virtualization (NFV) to rapidly
scale capacity and adapt to new deployment models. Mavenir’s EPC is
based on a unique distributed architecture that splits control and
bearer planes which optimizes packet processing and introduces capacity
gains and cost efficiencies, as compared to conventional EPC solutions.
“With
this latest innovation, Mavenir is redefining the 4G LTE mobile core
network,” said Pardeep Kohli, President and Chief Executive Officer,
Mavenir Systems. “Our revolutionary approach optimizes the overall LTE
architecture with the integration of EPC and IMS on cloud-based
infrastructure and makes the mobile core network access independent.”
Typical
LTE architectures today are based on monolithic, purpose-built
platforms that are deployed in centralized data centers, and have
dedicated infrastructure for separate access networks, such as LTE or
Wi-Fi. Mavenir’s approach simplifies the mobile core network by
optionally integrating Mavenir’s recently announced Session Border
Controller (SBC) with the EPC thus providing flexible and unified access
to 4G LTE services. Customer trials will start in 2Q14.
Mavenir™
will be at Mobile World Congress 2014 in Barcelona from February 24th –
27th, at Booth 6G40. To schedule a meeting, contact
marketing@mavenir.com.
Forward-Looking Statements
Statements
in this press release that are not purely historical facts constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements include
statements regarding Mavenir’s expectations with respect to the adoption
of VoLTE, the migration to 4G technology by mobile service providers
and Mavenir’s views about its market opportunity. Forward-looking
statements can generally be identified by words such as "anticipates,"
"may," "can," "believes," "expects," "projects," "intends," "likely,"
"target," "will," "to be" and other expressions that are predictions or
indicate future events, trends or prospects, although not all
forward-looking statements contain these identifying words. These
forward-looking statements represent management’s current expectations
and involve known and unknown risks, uncertainties and other factors
that may cause the actual results, performance or achievements of
Mavenir to differ materially from any future results, performance or
achievements expressed or implied by such forward-looking statements.
Accordingly, investors should not place undue reliance on these
forward-looking statements.
Factors that could cause actual
results to differ materially from those indicated by the forward-looking
statements include risks regarding the timing of the adoption of 4G by
mobile service providers around the world; mobile service providers’
investment in next-generation communications technology; our ability to
sell solutions to mobile service providers, particularly those serving
large numbers of customers; the length and variability of the sales
cycles for our solutions; actions taken by our competitors; our ability
to negotiate acceptable financial terms with our mobile service provider
customers; the performance of our solutions when implemented in mobile
service provider networks; management’s ability to accurately forecast
Mavenir’s financial results; the timing of revenues and the application
of complex revenue recognition rules to such revenues; prolonged
negative economic conditions in domestic and global markets; and other
factors described in our filings with the Securities and Exchange
Commission ("the SEC"), including under the caption "Risk Factors" and
elsewhere in our prospectus filed with the SEC on November 7, 2013.
Additional information will also be set forth in Mavenir’s quarterly
report on Form 10-Q for the quarter ended September 30, 2013, as well as
its annual reports on Form 10-K and other future SEC filings. There is
no assurance that Mavenir’s expectations will be realized. If one or
more of these risks or uncertainties materialize, or if Mavenir’s
underlying assumptions prove incorrect, actual results may vary
materially from those expected, estimated or projected. The statements
in this press release are made as of the date of this press release,
even though this press release is made available on Mavenir's website or
otherwise. Mavenir does not assume any obligation to update the
forward-looking statements provided herein to reflect events that occur
or circumstances that exist after the date on which the forward-looking
statements were made, except as required by law.
About Mavenir™:
Mavenir
(NYSE: MVNR) is a leading provider of software-based communications
solutions that enable mobile service providers to deliver high-quality
internet protocol (IP)-based voice, video, rich communication and
enhanced messaging services to their subscribers globally. Mavenir’s
mOne® software platform has enabled leading mobile service providers to
introduce the industry’s first live network deployment of Voice-Over-LTE
(VoLTE) and the industry’s first live deployment of next-generation
Rich Communication Services 5.0 (RCS). Our solutions deliver
next-generation services such as RCS, VoLTE and Voice over Wi-Fi
(VoWi-Fi) over existing 2G and 3G networks and next-generation 4G LTE
networks.
© 2014 Mavenir Systems, Inc. All rights reserved.
Mavenir
Systems®, mOne®, AirMessenger®, Mavenir™, mStore™ and mCloud™,
Transforming Mobile Networks™, are trademarks of Mavenir Systems, Inc.
Contacts
Mavenir Systems
Media /IR
Maryvonne Tubb, 469-916-4393 x5080
pr@mavenir.com
ir@mavenir.com
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