Cedar Point Named 'Best IPO/M&A Candidate' Finalist In Light Reading 'Leading Lights' Competition
Posted on: Monday, 30 October 2006, 09:00 CST
DERRY, N.H., Oct. 30 /PRNewswire/ -- Cedar Point Communications, the worldwide leader in integrated VoIP switching technologies for the cable and telecommunications industries, has been recognized as a leading Initial Public Offering or Merger & Acquisition candidate in the third annual "Leading Lights" telecommunications industry awards program conducted by Light Reading.
Cedar Point was one of five companies selected in the category of Best IPO or M&A Candidate, Private Company by the editors and the Light Reading publications and Heavy Reading analysts. Winners will be announced November 15 at a gala dinner in Santa Barbara, CA, in conjunction with the Heavy Reading Links 2006 Executive Summit.
The Best IPO or M&A Candidate, Private Company honor is "awarded to the private company that most clearly has the management, products, and financial stability to launch a successful IPO or to be acquired on its own terms within the next 12 months."
"The growth of cable telephony and deployments of our SAFARI C(Cubed) Multimedia Switching System have gone hand-in-hand, particularly over the past two years," said Andy Paff, president and CEO of Cedar Point. "We're pleased that the editors and analysts of the Light Reading family have recognized our accomplishments and the value we have built through our simple, cost-effective and scalable approach to VoIP switching."
Cedar Point's SAFARI C(Cubed) Multimedia Switching System, the only totally integrated carrier class VoIP switch that incorporates all of the components that make up the voice switching infrastructure, brings value to the network by providing SIP-based features and seamless evolution to an IP Multimedia Subsystem (IMS) architecture. SAFARI C(Cubed) provides superior performance and reliability, significantly reducing capital expenditures, system integration and operations costs for cable operators offering telephony services while increasing network integrity, security and privacy.
SAFARI C(Cubed) is PacketCable(TM)-qualified and future-architected to fit within an IMS core network infrastructure, allowing network operators to leverage their initial equipment investment in voice as they introduce such services as video telephony and fixed-mobile applications. New applications can be integrated into SAFARI C(Cubed), or can be accessed via third-party application servers.
About Cedar Point Communications
Cedar Point Communications' totally integrated voice and multimedia switches provide network operators with cost-efficient, less complex voice-over-IP alternatives to distributed soft-switching telephony options. Cedar Point's SAFARI C(Cubed) Media Switching System is a PacketCable(TM)-qualified solution that supports legacy circuit and PacketCable(TM) voice services, as well as delivering core IMS capabilities today that support the anticipated migration to an IMS architecture for converged networks. The company is based in Derry, NH. For more information, please visit http://www.cedarpointcom.com/.
PacketCable(TM) is a trademark of Cable Television Laboratories, Inc.
Cedar Point Communications
CONTACT: Paul Schneider, PSPR, Inc., +1-215-702-9784, +1-215-817-4384(Mobile), pspr@att.net, for Cedar Point Communications
Web Site: http://www.cedarpointcom.com/
Source: PRNewswire
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