Vonage(R) and Texas Instruments Continue Drive to Provide Consumers and Businesses Cutting-Edge Broadband Telephony Products
LAS VEGAS, Jan. 4 /PRNewswire/ -- Vonage, the leading broadband phone company and Texas Instruments Incorporated (TI) , are extending their relationship to include TI VoIP software and semiconductors in new Vonage-compatible communications products available from partners, Viseon and VTech Communications. The two new devices, which will be shown at CES 2005, include the world's first digital home telephone for VoIP from Viseon, and a cordless broadband telephone system from VTech. Both are compatible with Vonage's service and are expected to be available in 2005. Last year, Vonage selected TI as its technology partner to enhance its current software offering and evolve new VoIP services leveraging TI's market-leading VoIP technology.
"Vonage and TI are creating the technology that is making it possible for consumers and small businesses to use broadband telephony to communicate in new and better ways," stated Jeffrey A. Citron, chairman and CEO of Vonage Holdings Corp. "TI's technological expertise and proven track record in the VoIP software and silicon space, combined with Vonage's leading flat-rate, full-featured calling plans open new paths to revolutionize broadband communications."
The two companies project that the combination of TI's VoIP technology and Vonage's broadband telephony software will continue to enable equipment designers to rapidly develop high-quality, feature-rich VoIP devices for their customers. The latest offerings from Viseon and VTech demonstrate how the TI- Vonage alliance spurs the creation of new broadband products for consumers and businesses to use in managing their voice services through cable, DSL or Wi-Fi connections.
"By working closely with an innovative service provider like Vonage, as well as leading broadband equipment manufacturers like Viseon and VTech, TI delivers the benefits of VoIP to users more rapidly and cost-effectively than ever before," said Bill Simmelink, general manager, TI's VoIP business unit. "Leveraging our field-proven VoIP portfolio, we've spent considerable time with Vonage over the last year demonstrating interoperability and enabling customer certifications in order to meet the rapidly growing demand for VoIP."
Viseon's Digital Home Telephone for VoIP incorporates technology from TI's VoIP and digital media groups, including TI's TNETV1050 IP phone processor and DSP-based TMS320DM64x digital media processor. Compatible with Vonage's broadband telephony service, it features the highest quality video encoding/decoding system on the market today, and includes full wideband voice capability. VTech's ip8100-2 Broadband Telephone incorporates TI's TNETV1060 VoIP gateway chipset, enabling consumers to benefit from high quality voice applications compatible with Vonage's service. It includes a cordless handset with enhanced clarity and security, coupled with a base unit featuring a fully integrated telephone adapter with a WAN and PC port so that broadband connectivity can be shared without using a router.
TI has supplied solutions to the IP telephony industry since its inception, and is the leading provider of VoIP software and silicon solutions. According to an In-Stat/MDR November 2003 report, TI currently holds roughly 80 percent of the total VoIP integrated circuit (IC) shipment volume for the IP phone, CPE gateway and infrastructure gateway segments of the market. With more than 30,000 lines being added to its network every month, Vonage is the fastest growing telephony company in North America, logging more than ten million calls per week.
Texas Instruments Broadband Solutions
For OEMs developing broadband communications solutions, TI's advanced signal processing-based silicon and software platforms deliver the optimal performance, lower power consumption, and system-level integration required to rapidly deploy differentiated next-generation products for cable modems, digital subscriber line (xDSL) modems, integrated access devices (IADs), Voice over Internet Protocol (VoIP) gateways, carrier infrastructure, and home and office wireless networking. See http://www.ti.com/broadband.
About Texas Instruments
Texas Instruments Incorporated provides innovative DSP and analog technologies to meet our customers' real world signal processing requirements. In addition to Semiconductor, the company's businesses include Sensors & Controls, and Educational & Productivity Solutions. TI is headquartered in Dallas, Texas, and has manufacturing, design or sales operations in more than 25 countries.
Texas Instruments is traded on the New York Stock Exchange under the symbol TXN. More information is located on the World Wide Web at http://www.ti.com/.
Vonage is redefining communications by offering consumers and small businesses an affordable alternative to traditional telephone service. The fastest growing telephony company in North America, Vonage's service area encompasses more than 2000 active rate centers in over 150 global markets. Vonage is sold directly through http://www.vonage.com/ and retail partners such as SAM's Club, Amazon.com, RadioShack, Best Buy, Circuit City, Staples, Fry's Electronics, Office Depot and CompUSA. Wholesale partners such as EarthLink, ARMSTRONG(R), Advanced Cable Communications and the Coldwater Board of Public Utilities resell the Vonage broadband phone service under their own unique brands. With more than 400,000 lines in service, Vonage continues to add more than 30,000 lines per month to its network. Over 10 million calls per week are made using Vonage, the easy-to-use, feature-rich, flat rate phone service. Vonage is headquartered in Edison, New Jersey. For more information about Vonage's products and services, please visit http://www.vonage.com/ or call 1-VONAGE-HELP. Vonage(R), Vonage Digital Voice(TM), Toll Free Plus(SM) and Virtual Phone Number(SM) are trademarks of Vonage Holdings Corp.
Safe Harbor Statement
Statements contained in this press release regarding the VoIP market and other statements of management's beliefs, goals and expectations may be considered "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995, and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. The following factors and the factors discussed in TI's most recent Form 10-K could cause actual results to differ materially from the statements contained in this press release: actual market growth, customer demand. We disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release.
CONTACT: Mitchell Slepian of Vonage, +1-732-528-2677, or cell,+1-732-688-1721, or firstname.lastname@example.org; or Deborah Shemony of TexasInstruments, +1-301-515-6643, or email@example.com; or Erin Anthony of GolinHarris, +1-972-308-9114, or firstname.lastname@example.org
Web site: http://www.vonage.com/
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