IN THE NEWS
The Office of the Comptroller of the Currency Selects TeleContinuity’s Emergency Backup Voice Network to Assure Continuity of Operations (COOP/BCP).
ROCKVILLE, MARYLAND (June 13, 2005) -- The U.S. Federal Office of the Comptroller of the Currency (OCC), regulator of U.S. national banks, has signed an agreement with TeleContinuity, Inc. to implement TeleContinuity’s voice solution to maintain voice communications during disasters, emergencies or evacuations. Continuity of voice communications during emergencies is critical to the agency’s ability to monitor and regulate many of America’s largest banks and protect the American economy.
The TeleContinuity survivable telephone backup service is a network-level solution that restores incoming telephone service to users within minutes of a terror attack, PBX failure, fiber cut, fire, flood, building evacuation, or other catastrophic event. The TeleContinuity solution gives a government or business entity total control of its telephone service during an emergency. Subscribers can easily reroute their calls to maintain continuity of telephone service during building evacuations, service cutoffs or telco outages. Incoming calls can be delivered to any location and over any device, whether a landline phone, cell phone, or VoIP enabled device such as a PC, laptop, or PDA.
"The Office of the Comptroller of the Currency has been at the forefront of Federal Agencies in taking advantage of industry best practices, and deploying the most advanced technology to assure the success of their mission: ensuring the safety and soundness of the national banking system and providing fair and equal access to financial services for all Americans,” said Roy Pinchot, CEO of TeleContinuity.
Through TeleContinuity's proprietary intelligent communications routing, unique switching technology and geographically dispersed network, users can easily activate their service within minutes of a telephone service disruption and restore incoming and outgoing call service by switching their telephone service into TeleContinuity’s network. TeleContinuity's technology makes this possible because it sends call through available circuits on both the public switched telephone network and the Internet. The TeleContinuity voice network route is established on the fly and in real time by linking together routes from a variety of network routing options.
About the Office of the Comptroller of the Currency
The Office of the Comptroller of the Currency (OCC) charters, regulates, and supervises all national banks. It also supervises the federal branches and agencies of foreign banks. Headquartered in Washington, D.C. The OCC was established in 1863 as a bureau of the U.S. Department of the Treasury. The OCC is headed by the Comptroller, who is appointed by the President, with the advice and consent of the Senate, for a five-year term. The Comptroller also serves as a director of the Federal Deposit Insurance Corporation (FDIC) and a director of the Neighborhood Reinvestment Corporation.
About TeleContinuity
Founded in the wake of September 11, 2001 and the subsequent anthrax attacks on Congress, TeleContinuity is focused on providing telecommunications-assurance services to government and businesses customers worldwide. Positioned as "telecommunications gap insurance," TeleContinuity delivers a seamless, low cost, network-level solution that will restore incoming telephone service to users within minutes of a PBX or telephone company failure, fiber cut, fire, flood, building evacuation, or catastrophic event. TeleContinuity, Inc. is a 2003 winner of The National Institute of Standards and Technology's Advanced Technology Program (NIST-ATP) Grant Competition. For more information, visit www.telecontinuity.com
For More Information Contact TeleContinuity, Inc. CEO, Roy Pinchot 240-453-6235 or at rpinchot@telecontinuity.com.