STOCKHOLM, Sweden, July 8, 2004 (PRIMEZONE) -- Teligent has been granted a patent in Europe and China regarding its platform technology and the method used for the implementation of telecom network services.
The granted patent refers to a method that makes it possible to create telecom services by separating the service logic execution environment from the network functions. The method has been developed by the company and is used in the Teligent P90/E architecture.
"We believe that there is a great potential for this patent within the telecom sector in general. It will open interesting business opportunities in the long run since we are talking about a technology used in 'Service Networks' within 3G networks and OSA/Parlay1)," said Ulf Lindsten, President and CEO of Teligent.
Teligent had earlier been granted a patent for its technology in Sweden and the USA. The company plans to continue to work actively to obtain additional patent protection for technologies of its own design and development.
"In the short term we do not count on any licence revenues through the patent, but such possibilities cannot be excluded. What we can count on is the possibility of strengthening our trademark within our business niche. This patent is proof that Teligent is an innovative, leading supplier of core technology and services for next generation networks," concluded Lindsten.
The middleware platform Teligent P90/E is used for various telecom services by a large number of leading carriers in the international telecommunications market, including BT, Tele2, Telefonica, Telia and members of the Vodafone group.
1) OSA -- Open Service Architecture. A standard introduced by 3GPP regarding implementation of services within 3G networks and future XG networks.
For further information, please contact:
Ulf Lindsten, President & CEO Pekka Peltola, Vice President Marketing Teligent AB Teligent AB Tel. +46-(0)8 520 660 50 Tel. +46-(0)8 520 660 10 ulf.lindsten@teligent.se pekka.peltola@teligent.se
About Teligent
Teligent develops, markets and sells advanced value added services for telecommunications networks. The services and applications provided by the company are based on the generic service development platform, the Teligent P90/E. Teligent's solutions are currently utilised by leading telecom operators, for example BT, Cingular, T-Mobile USA, Telefonica, Tele2, Telia and members of the Vodafone group. Teligent was founded in 1990 and has been listed on the Stockholmsborsen (the Stockholm Stock Exchange) since 1999. With offices throughout the Americas, Asia/Pacific, Europe and the Middle East as well as international partnerships, the company combine global reach with expertise in local market requirements. Teligent has approximately 290 employees and had in 2003 a turnover of SEK 255 million. For further information please visit www.teligent.se
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