Performance Technologies, Incorporated (PT) is a global supplier of advanced network communications solutions to service providers, government and other equipment manufacturer (OEM) markets. PT's product portfolio includes Internet protocol (IP)-centric network elements and applications designed for availability, scalability, and long life cycle deployments. PT solutions include Monterey 8000 MicroTCA and IPnexus Platforms. PT's SEGway Signaling Solutions provide signaling, advanced routing for IP migration, gateway capabilities, session initiation protocol (SIP) bridging, and distributed intelligence, as well as features, such as Number Portability. Its Xpress NGN applications enable Mobile 2.0, Multi-media, and IMS-based revenue-generating services. Its products include SEGway Signaling Solutions and Monterey and IPnexus Application-Ready Platforms, and Xpress SIP Applications. In January 2011, PT acquired GENBAND's Universal Signaling Platform (USP) and SP2000 signaling technology.