Transaction Network Services Uses Performance Technologies' Products for Business-Critical, Point-Of-Sale Solutions
18 Abril 2005 - 11:00AM
PR Newswire (US)
Transaction Network Services Uses Performance Technologies'
Products for Business-Critical, Point-Of-Sale Solutions ROCHESTER,
N.Y., April 18 /PRNewswire-FirstCall/ -- Performance Technologies
(Nasdaq NM: PTIX), a leading developer of integrated systems,
platforms, components and software, today announced Transaction
Network Services (TNS) is using the company's Advanced Managed
Platform products in its point-of-sale (POS) systems and services.
TNS is a leading provider of business-critical data communications
services to processors of credit card, debit card and ATM
transactions. The company is using Performance Technologies'
Advanced Managed Platform offering, together with the company's
compute and UniPorte(TM) media and voice processing products, in
its POS systems in order to provide fast, secure and reliable
communication of data for the payment processing, acquiring and
retail industries. "Our data communications services enable secure
and reliable transmission of time-sensitive, transaction-related
information, critical to customers' operations," said Scott
Ziegler, senior vice president and chief systems officer of TNS.
"We chose to include Performance Technologies' Advanced Managed
Platform and media products because they provide reliability and
availability unobtainable by any similar competitive offering."
Performance Technologies' Advanced Managed Platform offering is
comprised of the company's packet-based products and offers the
most complete set of high availability, system management,
switching, power and cooling features on the market. When
configured with the company's compute, media processing, I/O and
software elements, the offering provides equipment manufacturers
and system integrators the basis to handle the high performance
computing requirements of next-generation systems and maintain
their high standards of network availability. "Our Advanced Managed
Platform products were designed with companies like TNS in mind --
companies providing business- and mission-critical solutions that
cannot accept downtime," said Tony Romero, platform product manager
for Performance Technologies. "With this unique product offering,
we are able to provide today what other vendors are only promising
for the future." About TNSI Transaction Network Services is one of
the leading providers of business- critical, cost-effective data
communications services for transaction-oriented applications. TNS
provides rapid, reliable and secure transaction delivery platforms
that enable transaction authorization and processing across several
vertical markets and trading communities. Since its inception in
1990, TNS has designed and implemented multiple data networks, each
designed specifically for the transport of transaction-oriented
data. TNS' networks support a variety of widely accepted
communications protocols and are designed to be scalable and
accessible by multiple methods. TNS' network technologies have been
deployed in the United States and internationally, and TNS'
networks have become preferred networks servicing the trading
community, wireless and wireline carriers, and the card processing
and dial-up automated teller machine markets. For further
information about TNS' transaction solutions, please refer to
http://www.tnsi.com/. About Performance Technologies Performance
Technologies (Nasdaq NM: PTIX) develops the systems, platforms,
components and software solutions for the world's evolving
communications infrastructure. Our broad customer base includes
companies in the communications, military and commercial markets.
Serving the industry for more than 20 years, our complete line of
embedded and system-level products enables equipment manufacturers
and service providers to offer highly available and fully-managed
systems with time-to-market, performance and cost advantages.
Performance Technologies is headquartered in Rochester, New York.
Additional operational and engineering facilities are located in
San Diego and San Luis Obispo, California; Norwood, Massachusetts
and Ottawa, Canada. For more information, visit http://www.pt.com/
or contact . Forward Looking Statements The Private Securities
Litigation Reform Act of 1995 provides a "safe harbor" for certain
forward-looking statements. This press release contains
forward-looking statements, which reflect the Company's current
views with respect to future events and financial performance,
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934 and is subject
to the safe harbor provisions of those Sections. These
forward-looking statements are subject to various risks and
uncertainties and the Company's actual results could differ
materially from those discussed in the forward-looking statements.
These risks and uncertainties include, among other factors, general
business and economic conditions, rapid technological changes
accompanied by frequent new product introductions, competitive
pressures, dependence on key customers, the attainment of design
wins, fluctuations in quarterly and annual results, the reliance on
a limited number of third party suppliers, limitations of the
Company's manufacturing arrangements, the protection of the
Company's proprietary technology, the dependence on key personnel,
potential delays associated with the purchase and implementation of
an enterprise-wide software system and potential impairments of
investments. These statements should be read in conjunction with
the audited Consolidated Financial Statements, the Notes thereto
and Management's Discussion and Analysis of Financial Condition and
Results of Operations of the Company as of December 31, 2004, as
reported in its Annual Report on Form 10-K, and other documents as
filed with the Securities and Exchange Commission. Note to Editors:
Brand or product names are registered trademarks or trademarks of
their respective holders. DATASOURCE: Performance Technologies
CONTACT: Amy Farrell of Performance Technologies, +1-805-783-6047,
or Web site: http://www.pt.com/ http://www.tnsi.com/
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