Teledata Networks Wins $12.5M Multiservice Access Network Project from ICE Costa Rica
The BroadAccess systems supplied support wide service portfolio, from TDM to NGN and IP
Herzliya, Israel – April 17, 2008: Teledata Networks, a leading global provider of innovative Multiservice Access solutions for NGN (Next Generation Networks), has been awarded a $12.5M project from ICE, Costa Rica’s National Electricity and Telecommunications company.
The contract covers the supply of BroadAccess multiservice access systems supporting a variety of services, from TDM to IP. The system’s wide range of network technologies saves the operator costly infrastructure, as it essentially comprises several systems in one. The systems will be installed all over Costa Rica, and will deliver services to both business and residential areas.
Costa Rica is currently undergoing a period of heavy investments in broadband and optical infrastructure, and heading towards NGN and the deployment of softswitches. Teledata Networks fits in perfectly with this trend, as its forte is ensuring seamless migration between TDM and IP technologies, with advanced features such as VoIP and Triple Play.
“This important contract resulted from our close work with ICE and tuning our technology to their needs,” said Eran Ziv, President & CEO, Teledata Networks. “Our advanced network solutions, reliability, ease of installation and operation, and of course, the trust and close relationship we built with the customer, were key factors in reaching this achievement.”
About Teledata Networks
Teledata Networks is a leading global provider of innovative Multiservice Access solutions for NGN (Next Generation Networks). The company tailors unique solutions for telecom operators and services providers in accordance with their needs, to enhance their competitive edge.
Teledata Networks has accumulated a wide installed base spanning millions of lines in over 50 countries worldwide. Its twenty years of experience have yielded outstanding technological leadership, a high level of expertise and a strong foundation of intellectual property.
Teledata Networks is a private company, in which the major shareholders are the Kardan group (Euronext: KARD), Elron Electronic Industries (NASDAQ: ELRN) and Infinity Venture Capital Fund. Learn more about Teledata Networks at http://www.teledata-networks.com/.
Teledata Networks has received approval from Elron Electronic Industries Ltd. (NASDAQ: ELRN) to have the announcement associated with its ticker. Please associate this announcement also to the ELRN ticker.
About ICE
ICE is Costa Rica’s sole telecommunications operator and electricity supplier, fully owned by the government. ICE has been providing telecommunications services throughout the country since 1963.
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