SHERMAN OAKS, Calif., May 12, 2005 (PRIMEZONE) -- Telynx, Inc. (Pink Sheets:TLYN), a provider of network management software solutions and related services, reiterated today the significance of its appearance at the TeleManagement World Conference in Nice, France from May 16-19, 2005, at the Acropolis Convention Center. While there, Telynx management plans to announce the launch of its latest product, NetRunner II, meet with prospective clients, and further its marketing efforts following its reorganization.
Telynx will exhibit in booth number 115, which is strategically located near some significant players in the industry, including neighbors Subex Systems and Steria in the auxiliary concourse. With the pending announcement of its new product and the highly anticipated managed services component, Telynx is excited about the opportunity to make its 'corporate face' known to the growing industry
"We have worked extremely hard to make this conference our showcase event for 2005," stated Gary Blume, newly appointed Director of Marketing and Business Development for Telynx. "I look forward to the opportunity to meet and greet prospective customers and strategic alliance partners who can benefit from our position in this growing space." He went on to reiterate how well positioned Telynx is to tap into the $9.9 billion OSS market (1) after almost a year of corporate management and financial restructuring.
(1) Source: Spring 2005, Market Snapshot Report for OSSs, Interactive Data Corp.(IDC) projects the worldwide market for software-based fulfillment, assurance, and billing solutions (excluding customer care) to top $9.9 billion in 2005.
The following is text from the TM Forum site. Further information may be found by visiting http://www.tmforum.org/browse.asp?catID=2194.
Transform Your World at TeleManagement World, Nice, France
Recognizing your demanding OSS/BSS business environment, we invite you to experience TeleManagement World, held May 16-19, 2005 in Nice, France at the Acropolis Convention Center. TM Forum's TeleManagement World has the industry's unparalleled recognition in driving lean operations for the OSS/BSS industry sector.
TeleManagement World is here to help you see what new generation OSS/BSS means to your business by:
-- Defining new generation OSS/BSS for next generation and
fixed/mobile converged networks.
-- Outlining business approaches and technology answers for
telecom operations.
-- Highlighting business direction and technology for the
customer-centric approach to revenue management.
-- Developing real solutions coming to life through the
Catalyst Showcase -- Data and Content Charging;
Reactive to Proactive Revenue Assurance.
-- Providing the latest information on collaborative technical
work and live demonstrations of industry innovations such
as TM Forum's eTOM, SID and NGOSS program.
About Telynx
Telynx, Inc. designs and markets a line of software products and related services allowing telecommunications service providers to track inventory, provide new telecommunications services and manage network bandwidth. The Company seeks to maintain a highly selective approach to strategic partnerships with other telecommunications service providers such as Network Equipment Providers (NEPs), IP Multimedia Subsystem (IMSs), and IPTVs, which deliver digital television and other audio and video services over broadband data networks using Internet protocols.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of Telynx, Inc., which involve risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.