PLANO, Texas., Nov. 19, 2012 /PRNewswire/ -- Verax Systems Corp. a provider of IT & Telco service management software announced that it has entered into a strategic relationship with PEG Bandwidth. As part of the agreement PEG Bandwidth has licensed Verax's IT & Telco Service Assurance components including Network Management platform, Operational Support Systems and Business Support Systems products.

Solutions delivered by Verax Systems provide a comprehensive set of integrated applications covering the entire lifecycle of IT & Telco services providing PEG Bandwidth with the tools to face the challenges of an ever changing Telecommunications environment.

The adoption of Verax's IT Service Assurance components enables PEG Bandwidth to manage the entire business lifecycle and infrastructure while providing flexibility and scalability with Verax's SOA based application model. The deployed systems support PEG Bandwidth's mission of continuously increasing quality of service across the infrastructure and improving customer service and experience to the highest possible level.

"We are very excited about moving forward with Verax Systems in order to deploy a fully integrated, robust and scalable OSS/BSS platform that positions PEG Bandwidth to take full advantage of market opportunities in a cost effective and robust fashion," said Christopher Pickard, PEG Bandwidth CTO.

Founded in early 2009, PEG Bandwidth has established itself as a trusted source of backhaul expertise for the wireless carriers' 3G (HSPA, EVDO) and 4G (LTE, WiMax) network build-outs to meet the exploding demand for wireless video and data. PEG Bandwidth has built fiber-based, customized backhaul networks across the central and northeastern United States serving over 2,000 cell site locations.

About Verax Systems
Verax Systems Corp. headquartered in Plano, TX is a provider of software enabling end-to-end IT & Telco service delivery, assurance and compliance. Verax Systems provides a comprehensive set of integrated applications covering the entire lifecycle from service definition through provisioning and monitoring to billing.

SOURCE Verax Systems Corp.