GREENLAWN, N.Y.--(BUSINESS WIRE)--Oct. 16, 1997--Telebyte Technology Inc. (OTC BB:TBTI) reported
orders for the 3rd quarter were the best for any quarter in the company's history. New orders for the third quarter
ended Sept. 30, 1997 were $2,029,000, as compared to $1,260,000 for the similar period of 1996. In addition to
the $288,000 Graybar order announced earlier this month, the quarter also included orders for custom products from
Intel, IBM, Hill-Rom, Lucent and Acuson, and orders for standard products from GTE Supply, Alcatel, PairGain,
So. Calif. Edison, Sprint, U.S. Robotics and others. Joel A. Kramer, president, noted that the marketing strategy
embraced by the company over the last twelve months is producing very positive results. This strategy includes a
marked increase in the company's catalog distribution and a commitment to new product development. It also
includes a program of visits to significant existing and potential customers in order to uncover sales opportunities and
validate market awareness. The company's use of the Internet now makes Telebyte's product catalog available over
the entire world. Kramer also noted that the company is planning an aggressive sales promotion campaign for its first
HDSL modem, the Model 681, beginning in the fourth quarter of this year. Telebyte Technology Inc. is a developer,
manufacturer and marketer of premises interconnect data communications equipment for copper and fiber optic
cable. The company's products are sold around the world to OEM's distributors, system integrators, VARs and
sophisticated end-users. Telebyte's products can be seen on the Internet at telebyteusa.com. All forward
looking statements are subject to the risks and uncertainties detailed in the company's filings with the Securities and
Exchange Commission.
CONTACT: Telebyte Technology Inc.
Michael Breneisen, 516/423-3232 ext. 426 (CFO)
invest@telebyteusa.com |
