Thursday, February 18, 2010

Nortel CVAS (NRTLQ.OB) Receives Product of the Year Award from Internet Telephony Magazine

Nortel CVAS is a company on the rise. In a short period of time, Nortel CVAS has evolved into a recognized leader in the Carrier VoIP space having shipped more than 121 million Carrier VoIP and multimedia ports including 10 million SIP lines to leading wireless and wireline carriers across the globe.

Today, Nortel CVAS announced that Technology Marketing Corporation’s (TMC) INTERNET TELEPHONY Magazine named its Hosted IP Communications for large enterprise solution the recipient of its 2009 Product of the Year Award. This accomplishment is one of the most monumental feats a global carrier such as Nortel CVAS could have achieved.

Nortel CVAS’ Hosted IP Communications for Large Enterprise and SMB’s solution is a state-of-the-art concept that helps to improve business productivity and allows service providers to offer advanced services with carrier hosted capabilities that extend across the globe.

Leading the way at Nortel CVAS is their Samih Elhage who serves as president of the young company. Elhage was quoted as saying, “The Large Enterprise and SMB markets are always looking for innovative communication solutions that can increase productivity without costing a fortune or requiring on-site management of their telecommunications infrastructure. Nortel CVAS is pleased to receive this recognition for our Hosted IP Communications for Large Enterprise solution, which equips carriers to offer seamless migration of large enterprise networks to IP while enabling mixed TDM and SIP users in a single business group and Unified Communications capabilities. With our carrier customers we’re supporting several large enterprise customer deployments across the globe and handling millions of calls over hundreds of thousands of hosted lines, covering thousands of locations.”

Currently, Nortel CVAS is trading in the $0.03 range. With the honor of having one of their products named the Product of the Year by INTERNET TELEPHONY Magazine and a strong global reach in place, this young company is one that investors should definitely keep an eye on.

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