Cambio Announces Agreement With Hewlett-Packard's

25.05.1999, 19:41

Complementary Products Organization Dallas (ots-PRNewswire) - Cambio, Inc. (OTC Bulletin Board:CAMB) announced today that it signed a worldwide ResellerAgreement with Hewlett-Packard's Complementary ProductsOrganization where Cambio will be supplying its products andservices to be sold directly or indirectly by Hewlett-Packard.Under this agreement Cambio's Flagship product netRunner(TM),addressing solutions for the Operations Support Systems of thetelecommunications industry, will be available for Hewlett-Packard's sales teams and consulting services independently orintegrated with other solutions addressing customer requirements. "This agreement expands Cambio's sales and marketing effort tofurther penetrate in this ever expanding market segment," saidAli Al-Dahwi, President and CEO. He further noted, "Hewlett-Packard is a global leader in providing solutions and services tothe telecommunications industry. We are very excited about theopportunities this agreement will provide Cambio in achieving itsanticipated market and revenue growth and will work very closelywith HP to ensure continuous success for both companies in thisarea." Steven Dong, Executive Vice President, commented, "We havethe delivery organization and sales support capability in placeto support HP's sales teams and customers." netRunner(TM) is designed to directly improve thetelecommunication's time to service metrics. Its end to endnetwork modeling capabilities, ease of operations, bandwidthmanagement, provisioning, and field operations allows users andmanagers to streamline workflow and manage network informationaccurately, assisting them in enhancing their capitalutilization. netRunner(TM) integrates to other applications suchas Hewlett-Packard's OpenView and OEMF. It runs on Windows95/98(TM) or Windows NT(TM) operating systems and supports anindustry standard relational database running on Windows or UNIXenvironments. Cambio is a global leader in telecommunications infrastructuremanagement systems. The company supplies software andprofessional services for Operations Support Systems (OSS) oftelecommunications and for general enterprise networks. Cambio'scustomers include major clients in the telecommunicationsindustry and Fortune 100 financial institutions. Cambio'sheadquarters is in Dallas, Texas; home office in El Paso, Texas;and supporting offices in Washington D.C.; London, UnitedKingdom; and Cairo, Egypt. NOTE: netRunner is a trademark of Cambio, Inc. UNIX is aregistered trade mark of The Open Group. Windows NT and Windowsare a U.S. registered trade mark of Microsoft Corp. Except for the historical information, the matters discussedin this news release are forward-looking statements that aresubject to certain risks and uncertainties that could causeactual results to differ materially from those projected. Factorsthat could effect results include the mix of business betweenproduct and services; the type and size of customers doingbusiness with the company and the structure of thosetransactions, their products and services requirements and theimpact of timing of revenues relative to expenses; timelydevelopment, introduction and acceptance of new products andenhancements to existing products and evolving markets; expansionof the company's ability to consummate relationships withalliance partners; the impact of competitive announcements andproducts; the rate of growth of the market in which the companycompetes; acquisition activities and the ability to integrateacquired businesses successfully; the impact of changes inaccounting standard; the effects and rate of change in standardplatforms for telecommunications products; the risk associatedwith the year 2000 (Y2K); as well as the risk factors listed fromtime to time in the company's U.S. Securities and ExchangeCommission (SEC) reports. The company assumes no obligation toupdate the forward-looking statement included in this newsrelease. ots Original Text Service: Cambio, Inc. Internet:http://www.newsaktuell.de Contact: Ali Al-Dahwi, President andCEO, (USA) 972-991-9926, or Anas El-Mahdi, Director, BusinessDevelopment, (USA) 915-581-5828, both of Cambio, Inc.

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