Company Gold Level Sponsor at WiMAX World USA
Attending China Satellite Conference 2007
ATLANTA, Sept. 11, 2007 (PRIME NEWSWIRE) -- Verso Technologies, Inc. (Nasdaq:VRSO), a global provider of next generation network solutions, announced today that it will be attending the WiMAX World USA conference in Chicago, Illinois, on September 25th through September 27th, 2007. In addition to WiMAX World, Verso will be attending China Satellite 2007, the state endorsed international satellite technology and equipment exhibition on September 19th through September 21st, 2007 in Beijing.
"WiMAX is a strategic focus and growth driver for Verso" said Art Cederberg, Vice President of Strategic Sales and Business Development. "We are a member of the WiMAX Forum which was founded in 2001 as the standards setting body for compatibility and interoperability of broadband wireless products. All our partners and potential partners will be at this conference. The last WiMAX World which we attended in Vienna, Austria was a great success for us. We were one of the few companies offering a carrier-grade voice overlay solution for the WiMAX marketplace, and the reception was terrific. Voice is the 'killer application' and leading revenue generator for the WiMAX space because it greatly accelerates ROI for the operator. As a result, we expect it to grow at least as rapidly as WiMAX itself. Voice will be an integral component to all WiMAX networks going forward and we expect our solution to be there worldwide as the standard for a scalable carrier-grade voice overlay for emerging carrier deployments. Verso has dedicated significant resources to WiMAX and our strategic plan calls for us to continue to drive product innovation, support and services to WiMAX into the future." You can find Verso at WiMAX World in Booth #905.
"This is the ninth China Satellite Conference and we are very pleased to attend. Our orders from China have been higher than ever this past quarter, and we expect them to continue to grow," said Daniel Kwan, Vice President of Asia Pacific. "The NetPerformer GSM optimization solution has consistently proven superior in numerous field trials and we are delighted to be selected in these illustrious projects. In partnering with major telephone equipment manufacturers and systems integrators, we are able to offer a comprehensive cellular backhaul optimization suite that supports GSM, CDMA and DCME compression. The rapid growth in mobile subscribers, especially in far reaching areas, exemplify the need of satellite communication and cellular optimization solution to maximize the network efficiency and flexibility whilst reducing the operating expenses. The NetPerformer platform is designed to reduce the cost of running 2G, 2.5G and 3G voice and data traffic over packet-based networks. By supporting all types of GSM interfaces including A.bis, A.ter, A and E, the cellular operators will need fewer leased lines or satellite or microwave links."
About Verso Technologies
Verso is a global provider of next generation network solutions offering a core-to-edge product portfolio primarily for telecommunications service providers. The company's products enable its customers to secure and optimize network bandwidth, generate additional revenue and reduce costs. Verso's applications and services are cost effective, deploy quickly and provide a superior return on investment. For more information, contact Verso at www.verso.com or call 678.589.3500.
About WiMAX World
WiMAX World events are attended by over 10,000 people, 230 exhibitors, and 300 sponsors from the leading telecommunications/mobile broadband solution providers, operators, systems integrators, content providers, manufacturers, analyst firms, media channels and associations. WiMAX World events are the largest and most comprehensive WiMAX events in the world, presenting an unbiased and balanced view of the current state of the WiMAX and wireless/mobile broadband marketplace. For more information on WiMAX World, see www.wimaxworld.com.
About WiMAX Forum(c)
The WiMAX Forum is an industry led, not-for-profit organization formed to certify and promote the compatibility and interoperability of broadband wireless products based upon the harmonized IEEE 802.16/ETSI HiperMAN standard. A WiMAX Forum goal is to accelerate the introduction of these systems into the marketplace. WiMAX Forum Certified products are fully interoperable and support broadband fixed, portable and mobile services. Along these lines, the WiMAX Forum works closely with service providers and regulators to ensure that WiMAX Forum Certified systems meet customer and government requirements. www.wimaxforum.org.
About China Satellite Conference 2007
The China Satellite Conference, founded in 1999, endorsed by the Chinese Ministry of Information and organized with the China Institute of Communications and Beijing Feng Sheng Ye Consulting Co., Ltd., has been the most important users application event for satellite operators, leading satellite service providers of TV platforms and channels, content distribution and internet access carriers, VSAT service providers as well as manufacturers and launch service providers. The event is an ideal platform for foreign companies to showcase products and services to potential business partners in China. www.china-satellite.org.