Sunday, November 26, 2006

Data Connection and MetaSwitch Post Near 24% Revenue Growth

Data Connection, and its MetaSwitch division, reported record annual revenue of $87 million and earnings of $13.7 million. The company's fastest-growing division, MetaSwitch, now generates 53% of revenue. Data Connection, which is a privately-held company headquartered in London, said the past fiscal year marked one of the highest annual growth rates since the company was founded in 1981.

Some highlights:

  • MetaSwitch, the next generation softswitch division, now boasts more than 300 deployments with incumbent and competitive service providers in North America, Central America and Europe.

  • Data Connection's Network Protocols Division strengthened its leadership position in the fields of IP Routing, MPLS, VoIP and Session Border Controller source code solutions. The Division increased its year-on-year revenue by 21%, added several major new customers, and shipped new products such as IP Multicast, and increased IPv6 functionality and enhancements to the optical product family. Data Connection's VoIP technologies, which include SIP, Megaco/H.248, and MGCP, continue to enjoy strong demand from OEMs requiring core IMS technologies. DC-SBC, the industry's only portable software Session Border Controller specifically designed for OEMs, has obtained design wins with top OEM's in the industry.

  • The company's Internet Applications Division, which continues to invest heavily in IMS applications, had a successful year marked by the delivery of new enhanced voice services solutions as part of its UC-Portal applications platform, along with further customer wins and deployments among North American Tier 1 Service Providers. UC-Portal is used by Service Providers to deliver a Unified Communications service to subscribers, incorporating both multi-media messaging and innovative real-time telephony services, giving subscribers control of how they communicate regardless of whether they are served by existing fixed or mobile networks or VoIP.

  • The Enterprise Connectivity Division's strategic relationships with IBM, Microsoft, Cisco and other major OEMs continue to thrive, and the division has once again been highly profitable.

  • In accordance with the objectives of the Employee Benefit Trust, which holds 100% of the company's shares, the profits will be distributed to the employees.