Quintum Rated Fastest-Growing VoIP Equipment Company

March 19, 2003 -- (FIND VPN) -- VoIP technology developer Quintum Technologies (Quintum.com) announced on Tuesday that a new study by market analysis firm In-Stat/MDR has identified Quintum as the industry's fastest-growing VoIP hardware solutions provider with a growth rate of over 170 percent in 2002.

The study, entitled "2002 Packet Telephony Gateway market Analysis," says Quinutm, also indicates that the company is now the second-ranking provider of VoIP gateways for the low-density market, or VoIP gateways with fewer than 1000 ports, behind market-leader Cisco Systems.

Quintum says its growth is coming at a time when many of the leaders in the market are experiencing declining sales and loss of market share.

According to the report, says Quintum, the company's low-density VoIP port shipments increased nearly 37 percent during the fourth quarter of 2002. During the same period, says Quintum, Cisco's shipments declined slightly. Quintum's revenue in the low-density market for 2002 more than doubled while other competitors experienced significant declines.

"Quintum's Tenor switching platform for VoIP is clearly offering customers something that our competitors are not," said Chuck Rutledge, Quintum's VP of Marketing. "By providing a VoIP platform that eliminates risk, installs easily into existing environments, and provides the industry's richest feature set – all at an extremely attractive price point – we will continue to out-perform those competitors and the market as a whole."