Distribution agreement pushes VoIP into the Nordics

7th July 2004

London, UK, 7th July 2004: VegaStream, the leading supplier of dedicated business VoIP (Voice over IP) Gateways, today announced a partnership agreement with Swedish distributor, Sving Systems. Under the terms of the agreement, Sving Systems will re-sell VegaStream's products directly to its partners throughout Sweden, Denmark, Norway and Finland.

With partners throughout the Nordic countries and Baltic States, Sving Systems is one of the regions leading distributors of networking products including thin client, VoIP and networking optimisation solutions. VegaStream's gateways are completely compatible with Nordic network standards enabling Sving Systems to provide VegaStream's portfolio of gateways to its partners throughout the region.

Richard Bayton, VegaStream's EMEA Enterprise Channel Manager. "Businesses throughout Europe are beginning to realize the benefits of VoIP for effective business communications. As a result we are seeing a great demand within the reseller community for quality VoIP solutions. This distribution agreement with Sving Systems provides an exciting opportunity for VegaStream to establish itself in a new market and represents a significant milestone in VegaStream's global channel program."

"This is an important deal for us as it means we will be working with one of the leading IP-suppliers. The Nordic market is growing rapidly. Today it is worth 500 million SEK and it is expected to grow with 45 per cent each year by 2007", said Ulf Sundin, Nordic Business Development Manager at Sving Systems.

VegaStream's portfolio of business VoIP Gateways are designed to enable businesses to rapidly deploy VoIP solutions while avoiding the extensive reprogramming of the PBX traditionally associated with new VoIP deployments. Fully interoperable with all leading PBX industry and vendor standards, the Vega Gateways provide full inter-PBX feature transparency to deliver a seamless and consistent experience for the corporate user. VegaStream also provides extensive hands-on training for both sales and technical staff that, together with its experienced service and support experts, extends dedicated business VoIP capabilities to its channel partners.

About Sving Systems
Sving Systems is the leading provider for networking products in the Nordics and has expertise delivering technologies such as thin client, VoIP and networking products. Sving Systems operates all over the Nordic countries and Baltic States with various partners.

For more information please call Ulf Sundin Nordic Business Development Manager +46 (0) 8 28 44 98 or visit http://www.igel.tm.se/