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NetCracker Celebrates Record Growth and Profitability
WALTHAM, Mass., April 6 /PRNewswire/ -- NetCracker Technology, a leading provider of OSS and IT Infrastructure Management solutions, today announced a strong finish to 2004's first quarter that included new customers, new employees and a new product release.
Already this year, NetCracker has had major customer wins that strengthen its customer base and leadership in the OSS market globally. In the first quarter of 2004 NetCracker secured a number of strategic relationships:
* MGTS (Moscow City Telephone Network), one of the biggest local wire
telecommunications companies in Europe that delivers communication
services to over 4.5 million subscribers and employs over 20,000
people;
* Swisscom Broadcast, Switzerland's leading infrastructure provider for
broadcast services and nationwide transmission of radio and television
programs;
* U.S. Army National Guard, a leading branch of the US Department of
Defense that owns and operates telecommunication networks in 54 US
states and territories;
* Major Western European Broadband provider that delivers television,
internet, and telephony services to over eight million customers in
eleven countries across Europe;
* Leading US national broadband service provider of high-speed Internet
over DSL with network access that passes more than 45 million homes and
businesses in 35 states -- the largest nationwide footprint of any DSL
company;
* Australia's leading telecommunications and information services company
that offers a full range of services and competes in all
telecommunications markets throughout Australia, providing more than
10.3 million Australian fixed line and more than 6.5 million mobile
services.
NetCracker solutions are continuously chosen by leading service providers over other products available on the market. Some of the reasons contributing to this ongoing success include:
* Rich out-of-the-box functionality that includes equipment, provisioning,
and business rules templates and best practices;
* Broad product breadth that includes Network Inventory, Outside Plant,
Asset and Order Management, Telecom Cost Management and Discovery and
Reconciliation;
* Support for multiple technologies for modeling and managing Layers 1
through 3 from POTS to MPLS;
* Mature and proven software architecture that allows for ultimate
scalability, extensibility, and accessibility.
NetCracker is the only OSS company in the world to have been delivering fully web-based J2EE solutions to its customers for over 5 years. As a pioneer in J2EE applications, NetCracker has deployed its Web-based solution in dozens of customers around the globe. NetCracker's latest product release, announced in March, is already being implemented in several key accounts. In addition, Billing World and OSS Today has recently recognized NetCracker as one of the top companies for Achievement in Innovation.
NetCracker's year after year revenue growth has consistently increased, making NetCracker one of the fastest growing OSS companies in the world. The company's strong history of profitability has made NetCracker a clear choice for many leading carriers around the globe who view NetCracker's financial stability as key to a successful long-term partnership. NetCracker's success is spurring the addition of dozens of employees at the company's Waltham, Massachusetts headquarters and its European offices, as well as in field offices across the world.
Powerful Q1 2004 results following the record growth and profitability in 2003 continue our upward trajectory and solidify our position as an industry leader, said Andrew Feinberg, CEO and President of NetCracker. Our success is due to our powerful and proven technology, partner-like approach to our customer relationships, and most importantly the remarkably talented team of employees around the world.
Feinberg will represent the company as a featured speaker at the TeleManagement Forum's TeleManagement World in Nice, France. His talk, Big New Things -- Push to Talk and OSS will be on Tuesday, May 18, 2004. In addition, NetCracker Vice President Julie Wingerter will present on OSS and Service Delivery at the Caspian Telecoms Conference, April 14 - 16, 2004 in Istanbul, Turkey. The company is also participating in the Billing World 2004 Conference & Exhibition, May 5 - 7, 2004 in Washington, D.C. NetCracker will be demonstrating its suite of OSS and IT Infrastructure solutions at each of these events.
About NetCracker Technology
NetCracker Technology is a leading provider of inventory-based OSS and IT Infrastructure Management solutions for telecommunications service providers and telecom-intensive enterprises. Built on an architecturally open, 100- percent Web-based J2EE platform, NetCracker's pre-integrated modular solutions manage telecom assets and telecom service delivery from start to finish. NetCracker provides customers with an intuitive GUI and the flexibility to implement out-of-the-box or custom-tailored solutions. Some of NetCracker's OSS modules include Network Inventory Management, Outside Plant and Asset Management. Founded in 1993, NetCracker Technology is headquartered in Waltham, MA and can be reached at 781-736-0860 or http://www.netcracker.com/.
NetCracker is a registered trademark of NetCracker Technology Corporation. All other company or product names mentioned in this press release may be trademarks or registered trademarks of the respective companies of which they are associated.
NetCracker Technology
CONTACT: Kimberly Maxwell of NetPR,+1-850-835-2694, orkimberly@netpr.net; or Margie Livingston of NetCracker Technology,+1-781-736-0860, or margie.livingston@netcracker.com
Web site: http://www.netcracker.com/
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