Coreon and DSET Accelerate
Market Entry for Competitive Carriers
Bridgewater, NJ - September 5, 2000 - (Nasdaq: DSET) - DSET
Corporation, a leading supplier of business-to-business e-commerce
connectivity solutions for the telecom industry, announced
today that Coreon, Inc., the nation's premier Operations Service
Provider (OSP), will deploy DSET electronic-bonding solutions
as part of its comprehensive network and operations support
for competitive carriers. By hosting these operations services
and providing the underlying in-house technical support expertise,
Coreon accelerates the opportunities for competitive carriers
to develop and introduce new products more quickly and efficiently,
and in more markets, compared to the cost and time required
to develop such capabilities themselves.
With offices in New York City and Fremont, California, Coreon
offers carriers access to the complete suite of products that
DSET provides for the telecom marketplace. Comparable to its
unique DSET-supported operations services is Coreon's innovative
billing and payment arrangement: Carriers using Coreon services
are charged only on the number of customers that a carrier
serves.
The DSET sales-productivity and loop-ordering products that
Coreon will deploy include solutions for determining whether
potential digital subscriber line (DSL) customers can receive
this service at their locations and for ordering DSL circuits.
Additionally, Coreon is installing DSET software to provide
carriers with the most comprehensive range of carrier-to-carrier
interconnection solutions.
"Our customers are looking to Coreon for ways to launch
new services faster without the typical delays and expenses
associated with developing a new operations support system
(OSS) in-house or adapting a legacy OSS to the requirements
of new services," said Ted Corbett, vice president of corporate
development at Coreon. "With DSET, we have enhanced our ability
to help those customers, whether emerging CLECs or existing
carriers, with a ready-to-go suite of scalable, secure, multi-service
OSSs that ensure highly professional management and execution
of all 'back-end' operations."
"In partnering with Coreon, DSET is offering a new dimension
of service to competitive carriers," said Phil Cavallo, DSET's
senior vice president of worldwide sales and marketing. "In
addition to avoiding substantial capital outlays for OSS deployment,
new providers will be able to move quickly into the market
on a 'pay as you grow' basis while benefiting from the proven
capabilities of DSET products coupled with Coreon's support
right from the start."
About Coreon:
Coreon, Inc. is the nation's premiere Operations Service
Provider for existing and newly emerging telecommunications
service providers. With operations in New York City and Fremont,
California, Coreon provides end-to-end operations, systems
and services for telecommunication carriers in emerging service
areas and for newer CLECs offering data, voice, cable, wireless
and other services to business and consumers. For more information,
visit www.coreon.com.
About DSET:
DSET Corporation is a leading provider of business-to-business
e-commerce connectivity solutions for the global telecommunications
marketplace. The DSET suite of electronic-bonding gateways
is designed to interconnect the operations support systems
(OSSs) of service providers that must exchange information
and share network capabilities with trading partners to provision
and maintain a growing range of services for customers in
the competitive telecom market. DSET is headquartered in Bridgewater,
New Jersey, and the company's Web site can be viewed at www.dset.com.
Statements regarding financial matters contained in this
press release, other than historical facts, are forward-looking.
Since all statements about DSET's plans, estimates, and expectations
are based on current projections that involve risks and uncertainties,
and are subject to change at any time, the company's actual
results may differ materially from expected results. Investors
should consider these risks and uncertainties, which are discussed
in documents filed by DSET with the Securities and Exchange
Commission. These documents identify important factors that
could cause the actual results to differ materially from those
contained in the projections or forward-looking statements.
DSET expressly disclaims any obligation to update any forward-looking
statements.
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Coreon Contacts:
Roger Cawley, Director of Public Relations, Coreon, Inc.,
718-889-4200, Ext. 5006, e-mail: rcawley@coreon.com
John Chester, Account Director, The Hoffman Agency, 609-497-6489,
e-mail: jchester@hoffman.com
DSET Contacts:
Media Relations: Dean Maskevich, Marketing Communications,
908-526-7500 Ext. 1366, e-mail: dmaskevi@dset.com
Investor Relations: John P. Murphy, Westfield Investor Relations,
908-233-1558, e-mail: westfieldir@worldnet.att.net
DSET and the DSET logo are registered trademarks of DSET
Corporation. All other trademarks are the property of their
respective owners.
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