iMax Increases Network Reliability, Lowers Operating Costs and Supports Multimedia Applications as Industry Transitions to IP-based Communication Networks

panamaxKew Gardens, NY – January 5, 2016 – Panamax Inc., a leading telecom technology company, today announces a new feature enhancement to its revolutionary iMax integrated wholesale carrier platform that offers carriers a standalone switching solution to integrate with their billing architecture. The unified platform, which provides network management, policy management, intelligent routing and real-time billing capabilities, now offers wholesale carriers transitioning from Time Division Multiplexing (TDM) switches to Internet Protocol-based (IP-based) communications networks with the means to increase network reliability, lower operating costs and support multimedia applications. The iMax standalone switch module is available to carriers that only require a switching solution, which can be integrated with their existing billing solution.

Panamax’s iMax platform, which provides comprehensive switching solutions to telecommunications providers as well as Tier 2 and Tier 3 carriers around the globe, is capable of flawlessly handling enormous amounts of traffic, while integrating a prepaid billing architecture. Addressing the global shift from TDM switches to IP-based communications networks, iMax now offers TDM to IP and IP to TDM interconnect solutions across both legacy and next-generation telecom networks. iMax’s softswitch is a true software solution that can be deployed on Commercial Off-The-Shelf (COTS) servers, yet matches scalability with known industry peers. Hence, there is no customized or specific hardware required to deploy the solution, which in turn reduces Total Cost of Ownership (TCO).

“On the basis of our vast experience in the interconnect voice and Mobile Network Operator domain, we identified a need for modular architecture, whereby an iMax standalone switch module can be offered to carriers who just require a switching solution that can be integrated with their existing billing solution,” states Bankim Brahmbhatt, Chief Executive Officer, Panamax. “By deploying Panamax’s iMax, companies that are planning to enter the wholesale VoIP business now have the opportunity to work with a scalable and high-performance switch engine that will assist them in quickly and effectively penetrating the market.”

The iMax admin portal facilitates immediate changes to the switching solution to meet critical business requirements. Enriched with a comprehensive statistical and graphical interface that helps monitor voice business operations and enables real-time decision-making, it also features inbuilt Denial of Service (DoS) attack prevention, which facilitates running a secure and resilient network. iMax also features advanced call routing to help satisfy complex routing requirements. Additionally, as a standalone solution, the iMax one-box softswitch has to perform fewer queries and thereby provides better performance.

Panamax is a telecom and mobile financial technology company that is enabling service providers to grow by leveraging effective service delivery practices in telecom and finance operations across global networks. The Company’s innovative solutions enhance the performance of heterogeneous network connections, improve the efficiency of carriers and expand the capacity of congested networks. For more information about Panamax, visit www.panamaxil.com.

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About Panamax
Panamax Inc. is the technology unit of the Bankai Group, established in 2001. We are a leading technology company offering market-proven telecom switching, wholesale carrier business and mobile financial solutions. Panamax is headquartered in New York and our R&D center is located in Ahmedabad, India. Since 2001, we have been delivering first-class, turnkey telecom and technology solutions to customers across various verticals and geographies. We are a stable, profitable and fast-growing end-to-end technology solutions provider for telcos, Banking, Financial Services and Insurance (BFSI) companies, carriers, merchants, aggregators, and service providers. To learn more, visit: www.panamaxil.com.

Media Contact:
iMiller Public Relations for Panamax
+1 866.307.2510
pr@panamaxil.com