ROCHESTER, N.Y., Jan. 13 /PRNewswire-FirstCall/ -- Performance
Technologies (Nasdaq: PTIX), a leading developer of integrated systems,
platforms, components and software, today announced the company's
NexusWare(TM) Linux-based software suite was named Product of the Year for
2005 by INTERNET TELEPHONY(R) magazine.
The NexusWare Software Suite is a development, management and operating
system environment which enables users of Performance Technologies' hardware
and platform products to rapidly develop and deploy value-added capabilities
with their solutions. NexusWare was chosen as an INTERNET TELEPHONY Product
of the Year due to its strong embodiment of Linux and its ability to
facilitate the use of open-source software packages.
NexusWare Core acts as the foundation environment for a variety of
value-add communications and management software packages offered by the
company, as well as the numerous open-source software packages available from
the vast Linux open-source community.
"NexusWare provides application developers with a comprehensive
development environment, accompanying software modules and an environment for
open-source content, all of which increase functionality and reduce
development time," said Steve Wigent, product manager for Performance
Technologies. "Being recognized by INTERNET TELEPHONY is an honor and lets us
know we're on the right track to providing Performance Technologies customers
with tools that make application development efforts cost effective and more
"The companies selected to receive INTERNET TELEPHONY Product of the Year
Awards for 2005 have been instrumental in the explosive growth of VoIP and the
larger IP telephony industry this year. We're proud to reward their hard work
and innovation," said Rich Tehrani, editor-in-chief of INTERNET TELEPHONY
magazine in a statement released late last year.
A full list of the product winners appears in this month's INTERNET
About Performance Technologies
Performance Technologies (Nasdaq: PTIX) develops systems, platforms,
components and software solutions for the world's evolving communications
infrastructure. Our broad customer base includes global technology companies
in the communications, defense and homeland security, and commercial markets.
Serving the industry for 25 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 engineering facilities are located in San Diego and San Luis
Obispo, California, and Ottawa, Ontario (Canada). For more information, visit
www.pt.com or contact email@example.com.
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
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.
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SOURCE Performance Technologies