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SCOTTSDALE, AZ – January 12, 2005
 Frost
& Sullivan is pleased to announce the selection of Convedia as recipient
of the 2005 VoIP Equipment & Network Infrastructure Company of the
Year Award. The honor is bestowed annually on the company which has exhibited
unparalleled excellence in business development, marketing, competitive
strategy, and industry leadership. The award will be presented to Convedia
tonight during Frost & Sullivan’s Excellence in Information
& Communications Technologies Award Banquet.
“Convedia has emerged as one of the most focused and successful
players in the explosive VoIP market and has become the dominant supplier
of VOIP media servers with the leading global market share,” said
Frost & Sullivan’s VoIP Program Leader Jon Arnold. “As
one of the pioneering vendors of IP-based media servers, Convedia’s
vision, business plan execution and market penetration has helped set
the company apart from its competitors and other VOIP equipment vendors.”
Voice over IP has become widely acknowledged as one of the most important
and fundamental telecommunication technologies of the century, and is
paving the way for a new era of innovative and user-friendly communication
services.
“It is a great honor to receive this Company of the Year Award from
Frost & Sullivan,” said Peter Briscoe, President and CEO of
Convedia. “To be singled out for this prestigious award from a group
of many outstanding next-generation equipment manufacturers gives our
entire team a great sense of accomplishment and pride. Convedia has without
a doubt had a great 2004, and we look forward to continuing our tradition
of product innovation and global success well into the future.”
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, voicemail
servers, and speech platforms onto a single shared media processing platform.
The companies products are deployed worldwide in some of the largest fixed,
mobile and enterprise networks delivering a broad range of traditional
and innovative new enhanced services.
Held in Scottsdale, Frost & Sullivan’s 2005 Excellence in Information
& Communications Technologies Awards Banquet will honor companies
and individuals who have identified emerging trends before they have become
the standard in the marketplace and have created advanced technologies
that will catalyze industries in the near future.
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 headquartered
in Vancouver, British Columbia, Canada, and financed by leading venture
capitalists. For additional information about Convedia, its products,
or the role of media servers in Softswitch, Packet Cable, or 2.5 and 3G
wireless architectures, visit www.convedia.com
Frost & Sullivan, a global growth consulting
company founded in 1961, partners with clients to create value through
innovative growth strategies. The foundation of this partnership approach
is our Growth Partnership Services platform, whereby we provide industry
research, marketing strategies, consulting and training to our clients
to help grow their business. A key benefit that Frost & Sullivan brings
to its clients is a global perspective on a broad range of industries,
markets, technologies, econometrics, and demographics. With a client list
that includes Global 1000 companies, emerging companies, as well as the
investment community, Frost & Sullivan has evolved into one of the
premier growth consulting companies in the world. For more information,
visit www.frost.com
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