Mavenir Systems(R) Opens NFV Centres of Excellence in Bangalore and Shanghai
Mavenir Systems(R) (NYSE:MVNR) , a leading provider of software-based networking solutions for mobile 4G LTE networks, announced today two Network Functions Virtualization (NFV) Centres of Excellence in Bangalore, India and Shanghai, China to support the development of NFV, Voice over LTE (VoLTE), VoWi-Fi and Rich Communications Services (RCS) deployments in the Asia Pacific region.
Mavenir’s continued support of network and services deployments has expanded to the Asia Pacific region in order to actively engage locally with mobile operator deployments and trials. Mavenir’s Centres of Excellence focus on NFV technology to scale and deploy cloud-based solutions that reduce network complexity and cost, while making it easier to build capacity and add flexibility to the network. These developments are critical for network operators as they look to create more and more bandwidth on their networks to meet customer demand throughout Asia.
“Mavenir’s portfolio of over 30 fully virtualized products and solutions provide mobile operators with a time-to-market advantage in deploying cloud-based architectures,” said Pardeep Kohli, Mavenir’s President and CEO. “Singapore, being one of the most advanced markets in the world, with an application-hungry customer base at its heart, is a great location from which to focus our efforts and allow Mavenir to more readily demonstrate our leadership and new, advanced offerings for NFV, VoLTE, VoWi-Fi and RCS.”
“We are seeing accelerated 4G deployments in Asia-Pac in 2014. Most Asia-Pac operators are either beginning to deploy 4G, or they have already deployed 4G, moving from a data-only 4G deployment to a fully converged and virtualized rich communications services offering. We expect that Mavenir’s NFV Centres of Excellence in Asia will play a big role in accelerating the acceptance and deployment of fully virtualized Mobile Core solutions by Operators in the region,” said Idris Vasi, Mavenir’s Vice President, APAC.
Mavenir executives will be attending LTE Asia September 23 – 25th at Marina Bay Sands in Singapore, presenting on September 24th at 14:30pm on “VoLTE as catalyst for both network and business transformation.”
Mavenir already has an Operations Centre of Excellence in France, VoLTE/RCS Innovation Centres in Germany and the Mavenir User Experience Centre in Croatia.
Mavenir Systems(R) (NYSE:MVNR) provides software-based networking solutions that enable mobile service providers to deliver next generation services over 4G LTE networks. MavenirTM has a fully virtualized end to end portfolio of Voice/Video, Messaging and Mobile Core products that include IP Multimedia Subsystem (IMS), Evolved Packet Core (EPC) and Session Border Controller (SBC). Mavenir’s solutions, based on the award-winning mOne(R) software platform, leverage NFV and SDN technologies for deployments on cloud-based infrastructure.
(c) 2014 Mavenir Systems, Inc. All rights reserved. Mavenir Systems(R), mOne(R), AirMessenger(R), MavenirTM, mStoreTM, mCloudTM, and Transforming Mobile NetworksTM are trademarks of Mavenir Systems, Inc.
Statements in this press release that are not purely historical facts constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding Mavenir’s expectations with respect to the adoption of VoLTE, the migration to 4G technology by mobile service providers and Mavenir’s views about its ability to deliver solutions that enable this migration. Forward-looking statements can generally be identified by words such as “anticipates,” “may,” “can,” “believes,” “expects,” “projects,” “intends,” “likely,” “target,” “will,” “to be” and other expressions that are predictions or indicate future events, trends or prospects, although not all forward-looking statements contain these identifying words. These forward-looking statements represent management’s current expectations and involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Mavenir to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, investors should not place undue reliance on these forward-looking statements.
Factors that could cause actual results to differ materially from those indicated by the forward-looking statements include risks regarding the timing of the adoption of 4G by mobile service providers around the world; mobile service providers’ investment in next-generation communications technology; our ability to sell solutions to mobile service providers, particularly those serving large numbers of customers; the length and variability of the sales cycles for our solutions; actions taken by our competitors; our ability to negotiate acceptable financial terms with our mobile service provider customers; the performance of our solutions when implemented in mobile service provider networks; management’s ability to accurately forecast Mavenir’s financial results; the timing of revenues and the application of complex revenue recognition rules to such revenues; prolonged negative economic conditions in domestic and global markets; and other factors described in our filings with the Securities and Exchange Commission (“the SEC”), including under the caption “Risk Factors” and elsewhere in our annual report on Form 10-K for the year ended December 31, 2013 and in Mavenir’s other SEC filings. There is no assurance that Mavenir’s expectations will be realized. If one or more of these risks or uncertainties materialize, or if Mavenir’s underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. The statements in this press release are made as of the date of this press release, even though this press release is made available on Mavenir’s website or otherwise. Mavenir does not assume any obligation to update the forward-looking statements provided herein to reflect events that occur or circumstances that exist after the date on which the forward-looking statements were made, except as required by law.
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