Gatespace Signs Letter of Intent with MetaVector Technologies to Partner in the Integrated Service Gateway Market
Gatespace Signs Letter of Intent with MetaVector Technologies to Partner in the Integrated Service Gateway Market Gatespace's OSGi-based Distributed Service Platform bundles with MetaVector's Pylix Gateway for enhanced broadband services Seattle, Connections 2001 - May 10, 2001 - Gatespace, a provider of open standards based distributed service platforms for designing, developing, and delivering network-based services, announced today that an agreement has been reached with MetaVector Technologies, a leading supplier of Integrated Service Gateways. This non-exclusive agreement targets the creation of an OSGi-based Distributed Service Platform and an Integrated Service Gateway for the emerging residential, small enterprise, and small office / home office gateway market. Gatespace and MetaVector Technologies have both identified the gateway operators as the key actors in the rapidly growing market for broadband services to the home. Gatespace's Distributed Service Platform is designed to meet the requirements from gateway operators, with focus on security, speed of deployment and cost efficiency. Gatespace extensions, e.g. secure communication, remote management, user management and payment, are tailored to support the large-scale deployment of services in a broadband network. MetaVector Technologies' services, i.e. voice over IP, office applications, home control and energy management have attracted major interest from new and existing operators looking at providing value-add services in broadband networks. "The operators ask for complete solutions, and Gatespace's Distributed Service Platform provides the middleware that is complementary to complete our Pylix Gateway and forms a base for our services," says Jan Van Gael, CEO at MetaVector Technologies. "Gatespace is recognized in the OSGi world as the leading supplier of OSGi platforms, and their focus on a Distributed Service Platform adds the value we need to go after the operators." "MetaVector has quickly established itself as a strong supplier of Integrated Service Gateways, focusing on communication and energy services. We are glad to see that we share the same vision of the market and are sure that MetaVector Technologies' powerful Gateway will open new doors for us when approaching the operators." says Staffan Truvé, CEO and founder of Gatespace. About Gatespace Gatespace provides open standards based distributed service platforms for designing, developing, and delivering network based services. Gatespace products are designed to be compliant with OSGi (Open Services Gateway Initiative), and support full interoperability between service providers, network operators, and service gateway manufacturers. This provides for secure and reliable end-to-end services for consumers on the residential markets, among others. Gatespace was founded jointly by Ericsson and the Swedish research company CR&T, and is privately funded by Morgan Stanley Dean Witter, Fuqua Venture Partners, European Equity Partners, Pythagoras Participations, T-bolaget and Bure Equity. Gatespace Inc. is based in Menlo Park, CA with its European headquarters in Gothenburg, Sweden. Visit www.gatespace.com for more information. About MetaVector MetaVector Technologies plays a leading role in bridging networks to the customer's premises, enabling the use of broadband applications worldwide. MetaVector Technologies develops, designs, manufactures and markets the industry's leading "Integrated Service Gateway," targeting the small and medium-sized enterprise (SME) and the small office/home office (SOHO) markets. MetaVector Technologies' Pylix Gatewaytm is a gateway solution that connects the external broadband access network, or the Internet, with the Local Area Network. The decentralized, intelligent, affordable and easy-to-use Pylix will be installed at the user's premises, and allows such advanced broadband services as IP- telephony, office tools, home automation and security applications. MetaVector Technologies was founded by Siemens Belgium and is currently concluding its first round of external financing. The company is based in Turnhout, Belgium and is a member of OSGi. Visit www.metavectortech.com for more information. About OSGi The OSGi is a non-profit corporation formed to provide a forum for the creation of open specifications for the delivery of multiple services over wide-area networks to local networks and devices, and to accelerate the demand for products and services based on these specifications worldwide through the sponsorship of market and user education programs. The San Ramon, California, USA-based consortium comprises more than 80 member organizations from around the globe. Membership is open to any interested party, including Internet Service Providers, Network Operators, Original Equipment Manufacturers, Independent Software Vendors, end users, academic institutions, government agencies, and non- profit organizations. Visit www.osgi.org for more information. For more information please contact Gatespace Staffan Truvé, +46.70.593.3885, truve@gatespace.com Birgitta Elm-Dahlman, +46.70.661.3094, birgitta@gatespace.com Ulf Corné, +1.650.714.1920, ulf.corne@gatespace.com Theresia Qwist, +1.415.908.0444, tqwist@pr-vantage.com MetaVector Jan Van Gael, +32.14.46.24.30, jan.vangael@metavectortech.com Sven Ghyselinck, +32.14.46.24.46, sven.ghyselinck@metavectortech.com Michael Burns, +1.214.521.8596, mburns@mbapr.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/10/20010508BIT00810/bit0001.doc http://www.bit.se/bitonline/2001/05/10/20010508BIT00810/bit0001.pdf