Telrad Networks Wins Multi-year deal with ETC, at $2M per year

Press Relase

Lod, Israel – June 19, 2007 – Telrad Networks, an expert developer of carrier-grade telecommunications equipment, announced today that ETC (Ethiopian Telecommunications Corporation) has signed an agreement with Telrad for support and maintenance for their wireline infrastructure. This is a multi-year agreement, at over $2M per year. As the sole telecommunications service provider in Ethiopia, ETC’s decision also strengthens Telrad’s presence in the region.

ETC’s decision follows on previous successful projects with Telrad over the last two decades. Telrad has been the vendor for the majority of ETC’s fixed line infrastructure, and this agreement further strengthens the relationship between the two companies.

“Our commitment to providing personalized telecommunications infrastructure service to emerging regions is paying off,” commented Yossi Ben-Harosh, President and CEO of Telrad Networks. “Telrad offers a product line and business model which is particularly suited to providers like ETC, and their continued relationship with us is proof of their satisfaction both with the network infrastructure as well as our general approach to the market.”

Under the contract, Telrad continues to provide maintenance and technical support for DMS digital switches, unirem equipment, network management and mediation systems, and other aspects of the digital switching network. Furthermore, Telrad provides professional training for ETC support and operations staff.

“Fast response time, technical excellence, and putting the customer first are the major contributors to ETC’s satisfaction with Telrad,” said Amir Kandell, President of Telrad’s INS division. “Unlike large integrators, we see emerging markets as our core focus; not as a niche market. Emerging telecoms know they can count on us to put them first.”

Telrad’s Solutions will be featured at NXTcomm in Chicago, June 18-21, booth no. 6808

ABOUT TELRAD NETWORKS LTD.
Telrad Networks has been developing carrier-grade communications equipment for more than half a century. Telrad provides development capabilities that focus on integration of core technologies into standardized, Tier-1 carrier-class products. Telrad is devoted to providing a highly flexible development team, allowing its partners and customers a high level of control in the development cycle and product roadmap. Telrad’s Integrated Network Solutions Division provides professional support services and transition from traditional to next generation networks for operators in emerging markets. Telrad is a privately-owned company founded in 1951. For more information, visit www.telrad.com

Telrad Networks Ltd. POB 228 Lod 71100, Israel
Tel: 972 73 246 7413 Fax: 972 73 246 7528 http://www.telrad.com

Press Release
Contact: Rebecca Rachmany, Telrad Networks Ltd. [email protected]: +972-73-2467027 Mobile: +972-52-2467027 PR Contact: Mike Horowitz, NCSM Strategic Marketing Ltd. [email protected]: +972-2-5637527 Telrad Networks Ltd. POB 228 Lod 71100, Israel
Tel: 972 73 246 7413 Fax: 972 73 246 7528 http://www.telrad.com