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CTIA Wireless — New Orleans, LA —
March 15, 2005
 Convedia
Corporation today announced that Infonetics Research, a leading independent
market research firm, has named Convedia as the global leader in both
market share and revenue for IP media servers in 2004. Media Servers,
also known in 3G/mobile networks as Multimedia Resource Function Processors
(MRFP), are a key element of the emerging IP Multimedia Subsystem (IMS)
architecture and provide a reusable and open voice, video and multimedia
processing platform for next generation enhanced service solutions.
In-depth market research conducted by Infonetics concluded that Convedia
secured 51% of the global media server ports shipped in 2004 and noted
that the media server market grew 89% last year when measured by revenue.
The Infonetics research identified media servers as a key element of the
voice over IP Infrastructure market, a market which grew 36% in 2004 and
which Infonetics projects will reach almost $6 billion by 2008.
“As the leading vendor of media servers, Convedia is well positioned
for the explosive growth of VOIP and fixed/mobile convergence that we
are seeing globally”, said Kevin Mitchell, Directing Analyst at
Infonetics Research. “2004 was the breakout year for real VOIP service
deployments and our analysis indicates that the migration to voice over
IP is in full swing. Convedia has done an admirable job developing a focused
product portfolio and establishing strategic partnerships with leading
application developers and incumbent network equipment providers. As a
result, Convedia has enjoyed significant success in this increasingly
important segment of the VOIP infrastructure market”.
Since pioneering the IP Media Server market in early 2000, Convedia has
secured over 100 customers worldwide and over 20 of the top 50 service
providers globally depend on Convedia’s media servers and technology
today. The company’s multi-service platforms provide the foundation
for a broad range of traditional network-based services including voice
conferencing, prepaid calling card, voicemail, call center and IP Centrex
as well as new and exciting services such as custom ringback tones, multiplayer
online gaming, and mobile multimedia conferencing and messaging.
“Both fixed and mobile service providers are embracing the IP Multimedia
Subsystem (IMS) architecture because of its ability to lower the cost
of delivering enhanced services as well as its ability to bring a horizontally
layered, Internet-like model of rapid service delivery and innovation
to the telecommunications marketplace”, said Grant Henderson, co-founder
and executive vice president at Convedia. “Studies like those from
Infonetics Research show that voice over IP, the engine behind IMS, is
growing rapidly and has become the foundation of all next generation network
deployments. We are pleased that Infonetics has recognized Convedia’s
ongoing commercial success and pioneering efforts in the media server
market.”
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, voice mail servers, and
speech platforms onto a single shared media processing platform. Convedia
works closely with leading network equipment providers, application developers,
and system integrators to deliver some of the industry’s most innovative
and cost-effective network and enhanced service solutions for service
provider and large enterprise customers.
Infonetics Research (www.infonetics.com)
is an international market research and consulting firm covering the data
networking and telecommunications industries in North America, Europe,
and Asia. Infonetics helps companies develop, market, and sell products
and services by providing objective analysis of end-users, service providers,
and product manufacturers. Infonetics has offices in Silicon Valley, the
Boston Metro Area, and London.
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
Abelson Group for Convedia
Jennifer Abelson
+1-631-462-0003
jennifer@abelsongroup.com
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