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Cable and Wireless Guernsey Deploys Performance Technologies’ SEGway(TM) IP-Edge Solution

January 22, 2009

ROCHESTER, N.Y., Jan. 22 /PRNewswire-FirstCall/ — Performance Technologies (Nasdaq: PTIX), a leading developer of communication platforms and systems, today announced that Cable and Wireless Guernsey, whose parent company is Cable and Wireless plc (Cable & Wireless), has purchased the company’s SEGway(TM) IP-Edge Solution to assist with interconnect to other operators outside of the island of Guernsey.

Sure, the trading brand for Cable & Wireless in the Channel Islands & Isle of Man is licensed to provide fixed and mobile services with a universal service obligation across Guernsey, Alderney, Sark, and Herm. Sure offers a range of network connections for service providers and other operators. The Channel Islands are an independent group of islands located in the English Channel, near the northern coast of France and the Isle of Man is an independent island in the Irish Sea between England and Ireland.

SEGway IP-Edge’s flexible routing options enable service providers to select a routing schema tailored to their network topology. In cases where consolidated traffic monitoring and billing is required, SEGway’s superior advanced routing capability allows service providers to direct all traffic to the core. Alternately, traffic may be processed locally by the IP-Edge, avoiding unnecessary traffic backhaul costs. IP-Edge’s complete suite of standards-based interfaces allows any-to-any connectivity within a TDM, ATM, or IP-based network, regardless of an operator’s current STP vendor.

“Performance Technologies’ SEGway IP-Edge Signalling Solution enabled us to seamlessly and quickly advance our network’s capabilities to the next level,” said Rick Ozanne, core mobile services product manager for Sure. “Our new SEGway IP-Edge solution provides our customers with the best and most reliable connections to other networks.”

“Following our success with FINTEL (Cable and Wireless Fiji), we are very pleased to again be selected by a Cable and Wireless business (Sure) as the signalling solution for their strategic network interconnect,” said Cory Grant, vice president of international sales for Performance Technologies. “Their selection of our SEGway IP-Edge continues the growing industry acceptance of our Simply Smarter Signalling products as the solutions of choice for today’s progressive telecommunication networks.”

About Cable & Wireless and Sure

Cable & Wireless International is one of the world’s leading communication companies operating in 33 countries including the Caribbean, Panama, Macau, Monaco, the Channel Islands, Isle of Man and Bermuda.

In the Channel Islands and the Isle of Man, Cable & Wireless is investing over 40m pounds Sterling to revolutionise communications and deliver a new generation of services through Sure, an innovative and exciting new brand.

Sure is leading the introduction of choice for customers supported by an ongoing commitment to quality, value and customer care in all areas of service. Our offering includes mobile, broadband and fixed line services for consumers as well as advanced internet, hosting, security and international services for business customers. Customers get more when they choose Sure.

For further information about Sure, go to: www.surecw.com.

About Performance Technologies (www.pt.com)

Performance Technologies (Nasdaq: PTIX) is a global supplier of integrated IP-based platforms and solutions for advanced communications networks and innovative computer system architectures. Our Embedded Systems Group offers robust application-ready platforms that incorporate open-standards based software and hardware, providing significantly accelerated end product deployment benefits for equipment manufacturers. Our Signalling Systems Group offers the SEGway(TM) product suite, which includes IP STPs, SS7 over IP transport solutions, and signalling gateways that enable lower operating costs through utilization of IP networks, thereby creating competitive advantages for carriers in existing and emerging markets.

Performance Technologies is headquartered in Rochester, New York. Additional engineering facilities are located in San Diego and San Luis Obispo, California, and Kanata, Ontario, Canada.

Forward Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for certain forward-looking statements. This press release contains forward-looking statements which reflect the Company’s current views with respect to future events and financial performance, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor provisions of those Sections. The Company’s future operating results are subject to various risks and uncertainties and could differ materially from those discussed in the forward-looking statements and may be affected by various trends and factors which are beyond the Company’s control. These risks and uncertainties include, among other factors, general business and economic conditions, rapid technological changes accompanied by frequent new product introductions, competitive pressures, dependence on key customers, inability to gauge order flows from customers, fluctuations in quarterly and annual results, the reliance on a limited number of third party suppliers, limitations of the Company’s manufacturing capacity and arrangements, the protection of the Company’s proprietary technology, the dependence on key personnel, changes in critical accounting estimates, potential impairments related to goodwill and investments, foreign regulations and potential material weaknesses in internal control over financial reporting. In addition, during weak or uncertain economic periods, customers’ visibility deteriorates causing delays in the placement of their orders. These factors often result in a substantial portion of the Company’s revenue being derived from orders placed within a quarter and shipped in the final month of the same quarter. Forward-looking statements should be read in conjunction with the audited Consolidated Financial Statements, the Notes thereto, Risk Factors, and Management’s Discussion and Analysis of Financial Condition and Results of Operations of the Company as of December 31, 2007, as contained in the Company’s Annual Report on Form 10-K, and other documents filed with the Securities and Exchange Commission.

The names of actual companies, products, or services may be the trademarks, registered trademarks, or service marks of their respective owners in the United States and/or other countries.

SOURCE Performance Technologies


Source: newswire



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