Glenayre Versera Solutions to be Integrated with Voice Portal Framework

ATLANTA, GA -- Glenayre Technologies Inc. (Nasdaq: GEMS), a global provider of advanced and next-generation communications solutions, announced plans to work with Oracle Corporation, a global enterprise software company, to integrate Glenayre's Versera solution portfolio with Oracle's voice portal capabilities. Together, the companies can increase subscriber control over communications activities through solutions that combine messaging and information services in a single location. According to the Radicati Report, speech-based technologies are expected to generate as much as $5.5 billion in revenue for service providers by the end of 2004, and information services are expected to deliver consistent, incremental monthly revenue from subscribers. Since subscribers can personalize their accounts, voice portals offer just one more motivator for subscribers to remain with their current service provider. "For mobile subscribers, the ability to access custom information and receive messages on-the-go is extremely important," said Denise Lahey, senior vice president of the mobile products and services division at Oracle. "With these advanced capabilities, mobile users become much more productive because they are never disconnected from the information and services they need." "Service providers today are hunting for easy-to-use, revenue-generating solutions that provide personalization and freedom for their customers," said Rolf Madson, vice president of product management for Glenayre. "Glenayre and Oracle's customizable solutions allow subscribers to personalize their portals and access the information they want, when and how they want it."
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