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Encore Networks Enhances Its “IP+Legacy” VPN Solutions to Target the Banking/Point of Sale Market  

Bisync 3270/3275 Provides Major Enhancements to Encore’s ELIOS™ Operating System for
Automated Teller Machines and Retail Point of Sale Terminals

 

Dulles, VA. June 23, 2003 – Encore Networks, a leading developer of integrated IP+Legacy Virtual Private Network (VPN) security solutions, today announced the addition of Bisync 3270/3275 support to its entire line of IP+Legacy VPN and data access products, providing protocol conversion for legacy protocols over IP packet networks for Automated Teller Machines (ATMs), and retail Point of Sale (POS) terminals.

According to the ATM Industry Association, of the million plus ATMs nationwide, most are based on legacy technologies like bisync, poll-select (TC500), and SDLC that operate over slow, expensive analog leased line circuits. Now, with Encore’s innovative “IP+Legacy” VPN solutions and ELIOS™ support of bisync protocol conversion to IP, ATMs appear to the transaction host as IP end-points. This provides banks with a cost effective, end-to-end IP migration strategy without the need for a forklift upgrade of their ATMs, and at the same time allows for interoperability with IP-based front-end processors. Also, it significantly lowers the cost of supporting and managing their legacy hosts and mainframes by reducing the need for expensive maintenance contracts.

“The support of bisync to IP conversion by our feature-rich ELIOS™ operating system allows banking and retail customers to modernize and economize their networks to take advantage of faster packet-based technologies while providing a clear migration path to secure VPN applications over IP,” stated Abir Hnidi, Chief Technology Officer of Encore Networks. “This is the latest example of our long term strategy to continue enhancing our IP+Legacy VPN solution suite to attack new vertical market opportunities.”

 
In addition to immediate costs savings, Banking and Retail customers can realize additional benefits by deploying Encore's bisync to IP conversion solutions. Such benefits include:
  • The ability of Banking and Retail enterprise customers to focus on their core business
  • The ability to outsource their legacy networks to carriers and consolidate various legacy applications over IP
  • The flexibility to interface with different ETF (Electronic Transfer Funds) entities to expedite transaction processing and multi-party settlements
  • The ability to deploy, best-of-breed, off-the-shelf, IP-based software applications that allow them to introduce additional, high-margin incremental services.
  • Improves the efficiency and the response time of performing and conducting financial transactions
  • Improves the overall network availability, reliability, and manageability
“Banks found it relatively easy to convert most “platform” applications from mainframes to IP-based servers and personal computers, but most existing ATMs can’t easily change from legacy leased-line protocols to IP,” said William A. Flanagan, President of Flanagan Consulting. “The ability to convert bisync to IP in a compact VPN router with built-in dial backup lets a bank put an ATM on the office LAN without compromising information security or availability.”

 
ABOUT ENCORE NETWORKS

Encore Networks, Inc., www.encorenetworks.com is a leading developer of integrated, broadband IP+Legacy™ VPN and security platforms, signaling protocol conversion, and converged voice and data solutions for both carriers and enterprises. Encore provides advanced security solutions that include encryption, stateful inspection IP VPNs, support of legacy data protocols and built-in dial backup and fail-over capabilities. Encore’s innovative signaling and data solutions include signaling conversion for voice migration from circuit to packet, a broad line of IADs, VPN router CPE and host products to transform legacy data networks to broadband IP infrastructure.


 
 Encore Networks Contact:
 Abir Hnidi
 Chief Technical Officer
 Encore Networks Inc.
 703-318-4317
 ahnidi@encorenetworks.com
 Media Contact:
 Tony Crane
 Director, Marketing Services
 Encore Networks Inc.
 703-318-4366
 tcrane@encorenetworks.com
 
 
   
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