CENX Builds Strong Momentum with Cortx Service Orchestrator - Additional Equity Investment Supports Accelerated Growth

Ottawa (ots/PRNewswire) -

- All $ are Canadian

CENX [http://cenx.com ], a global leader of Service Orchestration
solutions for software-defined networks, today announced strong
growth in its business over 2014. Key achievements for the year ended
December 31, 2014 include:

- Achieved 500% growth in global revenue with strong profitability and cash
generation
- Completed multi-million dollar deployments with two of the top four U.S.
mobile operators
- Expanded global customer base with wins in Europe and Asia
- Enhanced cloud data center offering to provide enterprise on-demand
interconnectivity
- Closed multi-million dollar deals with a global Managed Services strategic
partner

CENX's traction in the marketplace is driven by Cortx Service
Orchestrator, which has emerged as a vital component in
next-generation software-defined and virtualized networks. The Cortx
solution empowers service agility and significant operational
efficiencies in delivering a variety of differentiated data services,
such as enterprise connectivity, cloud data center exchange,
machine-to-machine, VoLTE, and 4G mobile backhaul. These
quality-assured services are instrumental for enterprises that rely
on ubiquitous, reliable data connectivity.

To accelerate its global business growth, CENX also announced that
it has closed an additional round of financing, in which all current
investors have participated: Highland Capital Partners, Mesirow
Financial Private Equity Inc., Verizon Ventures, a subsidiary of
Verizon Communications Inc , Ericsson , DCM Ventures, and Cross Creek
Advisors.

"CENX's success is evidence of the tangible business value we
deliver to our customers, and we're excited about our future global
prospects. We have built a strong foundation for continued growth
with Cortx Service Orchestrator," said Ed Ogonek, President and CEO
of CENX. "With this latest round of financing, our investors have
given our strategy a strong vote of confidence."

"CENX is positioned at the forefront of a high-growth market
segment that is propelled by consumer and enterprise demand for
highly agile, secure, assured broadband services, anytime and
anywhere," said Sean Dalton, Partner with Highland Capital Partners.
"CENX has a great opportunity to transform the way those services are
delivered, given its innovative approach in leveraging network big
data to optimize network operations."

Discover the value that CENX's Cortx Service Orchestrator brings
to software-defined networks by meeting with CENX at Mobile World
Congress [http://info.cenx.com/mwc ], March 2nd-5th.

About CENX CENX provides Service Orchestration solutions that
automate the entire lifecycle of advanced data services in
software-defined networks. We harness the power of big data,
distributed virtualized computing and real-time analytics to
dynamically orchestrate and assure services across multiple network
technologies and providers. CENX solutions are deployed by service
providers worldwide to create new revenue streams, gain service
agility, reduce operational costs, and deliver quality-assured data
services. http://www.cenx.com

Links and search terms http://www.cenx.com
http://www.cenx.com/about/overview.html
http://www.cenx.com/cortx-service-orchestrator/
[http://www.cenx.com/cortx-service-orchestrator ]
http://www.cenx.com/about/service-orchestration.html

CENX, Service Orchestration, Cortx Service Orchestrator, M2M,
VoLTE, Ethernet services, IP Services, Carrier Ethernet,
software-defined networking, SDN, network functions virtualization,
NFV, data center, mobile backhaul, big data analytics

Follow CENX http://www.blog.cenx.com [http://blog.cenx.com ]
http://www.twitter.com/cenxinc [http://www.twitter.com/cenxinc%0d ]
http://www.linkedin.com/company/cenx-inc
http://www.youtube.com/cenxinc

Hannah Whitrow, Zonic Group PR, hwhitrow@zonicgroup.com,
+44(0)1672-550126

ots Originaltext: CENX
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