Trendium Establishes European Headquarters Service Providers Across Europe Can Now Leverage Revolutionary New System For

Assured Broadband and Content Services



    LONDON, Feb. 20 /PRNewswire/ -- Trendium, the fast-growing new software
 company focused on helping network and content service providers create
 service value, has announced its entry into Europe, the Middle East and Africa
 (EMEA) markets with the opening of its EMEA business unit in Sophia-Antipolis
 France.
     Trendium's ServicePATH is a third-generation service management system
 that virtualises underlying network (IP, ATM, FR, DSL) and data centre
 resources and allows service providers to create, deploy and assure layered
 services -from hosting down to the network.
     "Service providers have a revenue and profit imperative today.  Management
 software must help achieve these business objectives.  However most management
 software today still manages networks and not services.  By focusing on
 management of assured services, Trendium enables service providers to
 successfully attack the most profitable segments of the market," said Claude
 Hary, Trendium's newly appointed General Manager and VP of EMEA. "My decision
 to join Trendium was driven by the revolutionary nature of Trendium's
 product."
     "The appointment of Claude Hary was the next natural step in the growth of
 our business as a leading provider of service management software to service
 providers," said Hanafy Meleis, President and C.E.O. of Trendium.
 "Claude brings to Trendium his tremendous experience and knowledge of service
 provider requirements in Europe. I am confident in Claude's ability to
 successfully lead Trendium's business expansion across Europe."
     ServicePATH automates the management of many types of network-based
 services -- managed network services, broadband services, virtual private
 networking, and other value-added data services -- creating new high-margin
 revenue opportunities with minimum incremental capital investments.
     Designed as a customer-centric service support system, ServicePATH links
 together the service provider front office and back office.  As such it
 efficiently manages the information workflow for the deployment and quality
 assurance of a given service including the flow of information with Customer
 Relationship Management, Billing, Marketing, Provisioning and other OSS
 systems.
     Further endorsement comes from Christian Van Ghelder, VP e-Services EMEA
 at Lucent who said, "Service Providers are making huge investments in
 transport and access infrastructures such as IP, ATM, and DSL.  Nevertheless,
 a typical service involves an even more complex variety of systems and
 applications across layers, sometimes spanning multiple service providers.
 Quality of Service will determine the winners of this industry; successful
 Service Providers will implement those software solutions which tie together
 internal and external operational processes and manage the QoS through the
 full delivery chain."
     Trendium's first offering, ServicePATH/SQM for ATM, FR, IP and DSL
 networks, is an integrated service management system providing an overall view
 of service quality derived from the underlying networks.  ServicePATH/SQM
 enables service providers to create, monitor and verify Service Level
 Agreements (SLAs), provide real-time QoS monitoring and analysis and
 proactively optimise the quality of services through traffic management
 techniques.
     Trendium partners with industry leaders that have complementary
 best-of-breed service support, system applications and integration
 capabilities to deliver a complete solution to service providers.  Trendium is
 building partnerships with hardware and software solution vendors -- including
 Vitria, Tibco, Micromuse, and Cisco Systems that, together with ServicePATH
 ensure the delivery of whole solutions to content and communication service
 provider customers.
     "The European Telecommunications market for next generation network-based
 services is growing rapidly," said Matthew Rubins, a General Partner of M/C
 Venture Partners. "We expect that Trendium's unique and innovative solution
 will be a key enabler of new, high margin, differentiated services for network
 and content service providers."
 
     About Trendium
     Trendium, Inc., a privately held company based in Fort Lauderdale,
 Florida, develops and markets the next generation of service support system
 software for network-based service providers.  Trendium software helps
 emerging and established service providers create, deploy and assure new
 revenue generating services over networks (ATM, FR, IP, DSL and other) and
 Data Center resources.  ServicePATH, Trendium's flagship product, enables
 service providers to differentiate and compete more effectively by speeding
 value-added services to market.  Through complete integration with present
 networks and OSSs, ServicePATH allows service providers to leverage existing
 investments, while moving to the next level of multi-vendor, multi-domain
 service management.  Trendium was founded in 1998 and has raised up to
 $32.7 million to date.  The company is funded by M/C Venture Partners, Trinity
 Ventures, Mellon Ventures, Comdisco and other private investors.
     Information about Trendium and its products can be found at
 www.trendium.com.
 
 

SOURCE Trendium, Inc.

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