NetCracker Acquires Professional Services Firm

NetCracker Technology, a leading provider of OSS solutions, announced today that it has acquired Firma AVD, a European professional services company specializing in providing system integration, business process engineering, and IT consulting to telecommunications service providers.

Waltham, MA (PRWEB) September 2, 2004 -- NetCracker Technology, a leading provider of OSS solutions, announced today that it has acquired Firma AVD, a European professional services company specializing in providing system integration, business process engineering, and IT consulting to telecommunications service providers.

This acquisition is a logical extension of both our growth and our relationship with Firma AVD," said Andrew Feinberg, President & CEO of NetCracker, We have recently added a number of customers around the globe including Telstra in Australia, Covad and North America, Swisscom in Europe and others, and we are aggressively growing our organization. The acquisition of Firma AVD aids us in expanding our employee base to better serve our global markets."

Firma AVD, founded in 1997 and privately held, was headquartered in Moscow, Russia. NetCracker and Firma AVD have had a close working relationship, partnering on professional services delivery. This acquisition further expands NetCrackers professional services delivery capabilities and comes on the heels of NetCrackers recent announcement of a global employee recruitment campaign as well as the announcement of a number of Tier One wins.

Galina Grodneva, General Director of Firma AVD, stated, This acquisition makes sense for both sides. We look forward to approaching our customers and providing software delivery services as a single business entity."

Our success in the market place is largely due to our relentless customer focus and lately our customers have been demanding that we expand our solutions to include robust implementation services. The acquisition of Firma AVD brings NetCracker a talented group of professionals already experienced in implementing our products and enables us to quickly yet cautiously expand our delivery capabilities around the world," added Feinberg.

NetCracker solutions address service providers most pressing OSS challenges enabling them to deliver telecom services to the market more rapidly and profitably. NetCracker OSS solutions are a combination of software, services and expertise that help service providers automate and streamline inventory management and provisioning processes and manage telecommunications assets throughout their entire lifecycle. Some of NetCracker's OSS products include Network Inventory Management, Order Management, Asset Management and Outside Plant. At the core of the NetCracker application is the 100% Web-based NetCracker OSS Engine, which includes NetCrackers workflow and facilitates information sharing among NetCracker products and third party applications. Architecturally open, NetCracker products can seamlessly integrate with any OSS component including commercial-off-the-shelf software as well as proprietary applications.

About NetCracker Technology
NetCracker Technology is a leading provider of OSS solutions for telecommunications service providers, government agencies and cable operators. The NetCracker OSS solution combines software, services and expertise to help customers address their most pressing OSS challenges so that they can deliver products to the market more rapidly and profitability. NetCracker solutions help customers deploy new products, reduce service delivery costs, manage network inventory, and track telecom assets. NetCrackers pre-integrated product modules include Network Inventory Management, Auto Design & Assign, Network Discovery & Reconciliation, Outside Plant, Order Management, Asset Management and Telecom Cost Management. Founded in 1993, NetCracker Technology is headquartered in Waltham, MA, and can be reached at 1-781-419-3300 or www.netcracker.com.

NetCracker is a registered trademark of NetCracker Technology Corporation. All other company or product names mentioned in this press release may be trademarks or registered trademarks of the respective companies of which they are associated.

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