6/18/2003 - TimesTen, Inc., a provider of infrastructure software for real-time event processing, announced that their flagship product has been chosen by TruePosition® Inc., a leading provider of location-based technologies. TruePosition's AnyPhone AnyWhere(sm) technology enables high-value safety and location-based services such as E911 or 112, Friend Finder, Asset Tracking and "Find the nearest..." applications. TimesTen® adds real-time event processing enhancements to TruePosition's FinderTM wireless location system. By integrating TimesTen, location requests handled by the TruePosition system are now processed instantaneously—ultimately resulting in faster delivery of location-based and life-saving services. TruePosition selected TimesTen for its speed, advanced data replication and ease of administration.
Location-based services (LBS) make it possible for users to find a point of interest, locate a nearby friend or be automatically located via their handset in the event of an emergency. Wireless emergency services—sparked by the E911 mandate from the Federal Communications Commission (FCC) to improve the effectiveness and reliability of wireless 911 services—have served as a catalyst among wireless service providers for the development of both life-saving and non-emergency location-based services for their customers.
"TimesTen's software further solidifies TruePosition's place as a leading location technology provider by enabling us to deliver critical locations more quickly and ensuring that our technology will be able to accommodate the anticipated exponential growth in location requests," said Michael Amarosa, senior vice president, Public Affairs, TruePosition, Inc.
"Wireless location-based services are a hot topic with global service providers and operators because they hold the promise of new revenue streams," said Jim Groff, CEO, TimesTen, Inc. "The infrastructure supporting these services has an incredibly demanding real-time workload—from the multiple interactions required to process subscriber requests to ultimately ensuring proper billing. This means that a significant amount of work must be completed behind the scenes in milliseconds, in order to provide a satisfying experience to the subscriber. TruePosition is one of the leaders in this area and has clearly architected their solutions to be well-positioned as this market takes off," added Groff.
The TruePosition's FinderTM location system provides accurate location results to all phones in all environments with all wireless networks and has the transaction processing capability to support E-911 and a wide array of commercial location services. TimesTen is used to process subscriber location requests, manage configuration information and maintain summary information about traps from the network.
TruePosition, headquartered in King of Prussia, PA, is a leading provider of integrated wireless location products and services to both U.S. and international wireless carriers. TruePosition provides a suite of turnkey location technologies supporting the varying needs of wireless carriers and location service providers. TruePosition technology operates with all major air interfaces and is capable of locating over 95% of the world's wireless phones. TruePosition is a subsidiary of Liberty Media Corporation (NYSE: L, LMC.B), which owns interests in a broad range of video programming, broadband distribution, interactive technology services and communications businesses. Liberty Media and its affiliated companies operate in the United States, Europe, South America and Asia with some of the world's most recognized and respected brands, including Encore, STARZ!, Discovery, QVC, and Court TV. For more information, visit http://www.trueposition.com/.
About TimesTen, Inc.
TimesTen provides infrastructure software for real-time event processing—a fundamental requirement of time-critical applications used by Wall Street firms and global telecom providers. Systems built with TimesTen inside are instantly responsive, highly reliable, and able to process massive transaction volumes. Cisco, Lehman Brothers, Nokia, and Sprint are among the customers who rely on TimesTen's software and expertise to create a unique advantage in a rapidly changing market. For more information, visit www.timesten.com.
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