CHICAGO, July 22, 2016 (GLOBE NEWSWIRE) -- Inteliquent, Inc. (NASDAQ:IQNT, news, filings), a premier interconnection partner for communications service providers of all types, today announced the expansion of its Omni services with a new set of features and functionality designed to provide additional support to next-generation (next-gen) service providers. With the new capabilities, such as Calling Name Identification (CNAM) and Directory Listing/Directory Assistance, Inteliquent continues to deliver on its commitment to innovate the Omni service suite to meet the needs of the dynamic next-gen provider market. With this continued evolution of product capabilities, the Omni service suite product name has also evolved to Omni IQSM.
"The expansion of Omni IQ marks another step forward in our company's evolution to support communications service providers of all types. The product name enhancement also emphasizes how Inteliquent is not only helping customers make connections, but also helping them innovate, create better products and services, and tap into new market opportunities," said Brett Scorza, Inteliquent's CIO and EVP of Next-Generation Services. "We listened to the needs of our next-gen customers, and expanded the Omni IQ service suite to help them deliver the highest quality experience to their customers.
Omni IQ, launched earlier this year, is the industry's first comprehensive, one-stop shop voice and messaging solution for unified communications providers, VOIP carriers, API platform providers, cloud conferencing services and others. The Omni IQ product line enables communications providers to use Inteliquent services and its superior network to power their solutions easily and efficiently.
The new Omni IQ features and functionality include:
- Calling Name Identification (CNAM) — An automated solution for updating the underlying databases that provide a caller's name to the called party's telephone equipment
- Directory Listing/Directory Assistance — A single-source for fast and accurate additions, changes or deletions to print and online listings
- E9-1-1 — Rapid, simple and worry-free reliability for nationwide 9-1-1 emergency service
- Automated Local Number Portability — Provides customers with a fast, easy mechanism to perform "porting" of phone numbers to the Inteliquent network, available via both Web portal and fully automated APIs
"The team at Inteliquent took the time to understand our customers' needs when they developed the Omni IQ service suite and Web portal that supports these services," said Nicky Smith, CEO of Carolina Digital. "We are using an Inteliquent API for porting availability for our resellers and partners, and consider it one of the best in the business."
The new features will supplement what is already offered within the Omni IQ service suite. Omni IQ equips all service providers, whether they are more traditional telecommunications carriers or next-gen service providers, with all inbound and outbound voice call flows, message-enabled DIDs, inbound and outbound SMS and MMS messaging, and the market's most user-friendly Web portal and APIs for seamless integration and automation.
More information about Omni IQ can be found at INTELIQUENT.COM.
Inteliquent is a premier interconnection partner for communication service providers of all types. As the nation's highest quality provider of voice and messaging interconnection services, Inteliquent is used by nearly all national and regional wireless carriers, cable companies, and CLECs in the markets it serves, and its network carries approximately 17 billion minutes of traffic per month. With the recent launch of its Omni IQ solution, Inteliquent is now also fully dedicated to supporting the growing market of next generation service providers.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains "forward-looking statements" that involve substantial risks and uncertainties. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The words "anticipates," "believes," "efforts," "expects," "estimates," "projects," "proposed," "plans," "intends," "may," "will," "would," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. Factors that might cause such differences include, but are not limited to: our ability to market the Omni IQ voice and messaging solution, including the risk that the service will not meet our targets for revenue or profitability, including EBITDA and Adjusted EBITDA; a receiving carriers' refusal to accept terminating messages or other problems preventing us from providing the services; the risk that our costs to provide the Omni IQ voice and messaging solution will be higher than we expect; the effects of competition and downward pricing pressure resulting from such competition; the impact of current and future regulation, including rules or regulations enacted by the Federal Communications Commission; the risks associated with our ability to successfully develop and market other new services, many of which are beyond our control; technological developments; the ability to obtain and protect intellectual property rights; and other important factors included in our reports filed with the Securities and Exchange Commission, particularly in the "Risk Factors" section of our Annual Report on Form 10-K for the period ended December 31, 2015, as such Risk Factors may be updated from time to time in subsequent reports. Furthermore, such forward-looking statements speak only as of the date of this press release. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.
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