Veraz Networks, Inc. (NASDAQ: VRAZ), is the leading provider of application, control, and bandwidth optimization products that enable the evolution to the Multimedia Generation Network (MGN). Service providers worldwide use the Veraz MGN portfolio to extend their current application suite and rapidly add customized multimedia services that drive revenue and ensure customer retention. The Veraz MGN separates the control, media, and application layers while unifying management of the network, thereby increasing service provider operating efficiency. Wireline and wireless service providers in over 50 countries have deployed products from the Veraz MGN portfolio, which includes the ControlSwitch™, Network-adaptive Border Controller, I-Gate 4000 Media Gateways, the VerazView Management System, and a set of customizable applications, including the verazVirtu softclient.
Intense competition in the telecommunications industry has driven service providers to seek ways to lower costs, deploy more efficient networks, offer new value-added services and enhance their competitive position. Many service providers are combining separate voice and data networks onto one converged network using IP technologies to offer VoIP and other multimedia communications services. Our products allow our customers to continue to realize their investment in wireless and wireline legacy networks while simultaneously offering next generation IP applications and services in a cost-effective manner without compromising service quality. Our portfolio of products enables service providers to deploy flexible networks that can adapt to changing end user demands, regulatory conditions and competitive industry dynamics. As service providers continue to migrate to IP networks, our product portfolio has positioned us to capture a growing portion of the next generation communication infrastructure market, in particular the softswitch and media gateway markets. Our products also address emerging opportunities by enabling new entrants to the service provider market or existing service providers entering new markets to implement flexible and cost-effective networks.
We have developed innovative IP product solutions incorporating leading technologies that enable service providers to accomplish several objectives, including:
  • seamless migration of legacy networks to IP
  • cost reduction
  • rapid introduction of new services
  • revenue growth and margin improvement
  • compatibility of existing investment with emerging standards
Our customers include over 400 service providers that have deployed our DCME products in over 90 countries and over 90 service providers that have deployed our IP products in over 50 countries. We sell our products worldwide through a direct sales force, distributors, systems integrators and resellers.
Industry Background
The global telecommunications industry has been experiencing dramatic changes, driven by several trends, including:
  • significant deregulation in the telecommunications market worldwide
  • intensified competition in the telecommunication services market
  • the introduction and adoption of broadband Internet services
  • increased subscriber demand for advanced voice, video and data telecommunications services
To meet the challenge of these evolving industry dynamics, many industry analysts believe that service providers will make substantial capital investments in deploying IP network communications equipment that allows switching and transport of voice traffic and services delivery over IP networks, giving service providers the opportunity to converge voice and data traffic onto a single IP network.
Our Competitive Strengths
We have established ourselves as a leading provider of innovative next generation IP network solutions.
Our core competitive strengths are:
  • Programmable Softswitch Platform : Our ControlSwitch incorporates a programmable interface that enables service providers to customize and deploy multimedia communication services, including those offered by third parties, to generate new revenue streams more rapidly than our competitors’ products.
  • Distributed Architecture Enables Flexible Network Design: Our ControlSwitch enables service providers to easily deploy networks in new regions ranging from a single site to a concurrent global deployment. Our system also allows service providers to centrally manage their geographically dispersed network elements which reduces network management costs.
  • Leading Voice Compression Technology: We offer industry leading compression capabilities on our media gateways that enable service providers to compress voice traffic and optimize network bandwidth while maintaining high voice quality.
  • Interoperable Solution with Multi-Protocol Connectivity: Our softswitch solution supports most commonly used legacy and next generation communication protocols and standard network interfaces.
  • IMS Architecture: Our softswitch architecture is an extensible solution fully mapped to IMS architectures. The IMS principles embedded in our distributed softswitch solution can form a fundamental part of a service provider’s IMS architecture as they seek to deploy IMS solutions.
  • Global and Diversified Installed Customer Base: We have established a diverse global customer base of leading wireless and wireline service providers. Our experience in providing network solutions to our diverse customer base allows us to develop solutions that address existing and emerging customer needs.
  • Highly Leverageable Business Model: Our expertise in developing IP networking equipment coupled with our unique software architecture gives us the ability to rapidly add features and functionality to our products with little incremental cost.
Corporate Information
We were incorporated in Delaware in October 2001 and we subsequently changed our name to NexVerse Networks, Inc. in December 2001. In December 2002, we received financing and changed our name to Veraz Networks, Inc. Our principal executive offices are located at 926 Rock Avenue, Suite 20, San Jose, California, 95131.
"Veraz Networks", "Veraz", "ControlSwitch", "I-Gate 4000 PRO", "I-Gate 4000 EDGE", and "DTX-600", and other trademarks or service marks of Veraz Networks appearing in this prospectus are the property of Veraz Networks.