Panamax Inc. Nabs 2015 INTERNET TELEPHONY TMC Labs Innovation Award For Its IMax Solution

Kew Gardens, NY – June 25, 2015
 
Panamax Inc., a leading telecom technology company, announces today that it is the winner of the 2015 INTERNET TELEPHONY TMC Labs Innovation Award, which recognizes the innovation and IP Communications industry impact of its integrated carrier switching platform for wholesale carriers, iMax.
 iMax is a groundbreaking prepaid switching platform that enables carriers on the Panamax system to easily buy and sell routes with one another.  The solution offers real-time integration of Class-4 Softswitch capabilities with call routing, network management, policy management, billing, monitoring, intelligent firewall, SIP and H.323 handling functionalities.  It is capable of handling multilateral peering of thousands of calls among various Tier-1, Tier-2 and Tier-3 carriers.  With innovative switching, fast routing and integrated business policy management features, iMax enables carriers to reduce both CapEx and OpEx through optimized switching capacity and minimized operations and support costs.
“We are honored to have the iMax solution recognized for its innovation, unique features and significant contributions toward improving communications technology,” remarks Bankim Brahmbhatt, CEO of Panamax.  “Today’s wholesale interexchange carrier environment is evolving rapidly and requires flexible, scalable and high-performance technology solutions such as iMax that cater to its growing needs.  This award is a testament to our team’s hard work in enabling iMax to challenge established industry standards, enhance the operational efficiency and growth of carriers, and leave a positive mark on the IP Communications industry as a whole.” 
Presented by INTERNET TELEPHONY magazine, the 2015 INTERNET TELEPHONY TMC Labs Innovation Awards honor IP Communication products and solutions that display innovation, unique features and significant contributions toward improving communications technology.  Now in its sixteenth year, the awards program distinguishes companies that have made significant contributions to advancement and innovation within the IP Communications industry.
 “This designation marks the fourth award recognition for Panamax in 2015 as well as another major milestone in our quest to deliver only the most innovative telecommunications technology to the global marketplace,” adds Mr. Brahmbhatt.
In addition to the 2015 INTERNET TELEPHONY TMC Labs Innovation Award, Panamax, Inc.’s 2015 award recognition also include the Fintech Innovation Award, the Excellence in Branchless Banking Award at Mobile Money & Digital Payments Global; the 2015 Unified Communications Product of the Year Award for its Bridge2Call Solution; and a Gold Award for Best Innovation by an ICT Company, given by Gujarat Electronics and Software Industries Association (GESIA).
To learn more about Panamax and its innovative iMax solution for wholesale carriers, please visit – Class 4 Switching Solution. Panamax and its iMax solution will also be highlighted in the July/August issue of INTERNET TELEPHONY magazine.