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Transverse Debuts With Telecom’s First Open Source OSS Platform

September 5, 2008

Transverse, a pioneer of open source business solutions, is officially announcing its company launch today. Transverse is the first company to extend the true promise of open source computing to telecom operational support systems (OSS) — better quality, higher reliability, more flexibility, lower cost, and an end to vendor lock-in.

Legacy systems and proprietary vendor relationships are currently preventing service providers from integrating new revenue streams into existing billing systems, which would allow service providers to increase profitability and deepen customer relationships. Transverse is taking advantage of new technology innovations and the most advanced open source projects to make complex back office support systems more flexible and adaptable to changing business needs.

Conceived by an experienced group of industry-leading telecom and technology industry professionals, Transverse has developed and deployed a new model for delivering complex back office support systems. Transverse’s business model centers around the design, deployment and support services required to install its platform.

“It’s not a question of whether or not open source software will dominate the telecom back office, it is a question of when. Open source is about the freedom to select and use software without proprietary barriers,” said Jim Messer, president and chief executive officer at Transverse. “The benefits of open source software don’t end at the handset with platforms like Android and LiMo. We have a world-class group of experienced OSS professionals who are committed to breaking down proprietary barriers for communications service providers, offering complete application agility, lower costs, choice and innovation. This is open source and this is Transverse.”

Transverse will introduce its telecom open source solution next week at the CTIA Wireless I.T. & Entertainment Show, September 10-12, 2008 at the Moscone Center in San Francisco, booth #826, and at the Open Source in Mobile conference in Berlin, Germany September 17-18, 2008 at the Berlin Palace Hotel.

ABOUT TRANSVERSE

Transverse is an Austin, TX-based provider of open source business solutions that enable companies operating in saturated markets with shrinking margins to find new business models and revenue streams. Founded in 2007 and privately funded, Transverse uses new software architectures and an open source business model creating greater business agility, breaking down legacy cost paradigms, and ending vendor lock-in. For more information, please visit www.gotransverse.com.




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