FYI
FOR: ACCUGRAPH CORPORATION
TSE SYMBOL: ACU.A NASDAQ SYMBOL: ACCUF
MARCH 19, 1998
Embratel Selects Accugraph Software; Network Inventory and Provisioning Leader Selected by Brazilian Telco
RICHARDSON, TEXAS--Accugraph Corporation (NASDAQ - ACCUF, TSE - ACU.A), the leader in Network Inventory and Provisioning solutions, announced today it has reached an agreement with Embratel, the largest long distance telecom provider in Brazil.
The contract is valued at US$900,000. The agreement calls for Accugraph to provide software and services to assist in the survey and inventory capture of over 800 sites.
In a competitive offer between three major hardware providers, Accugraph was bid as the network inventory software and service provider, by all three vendors. Embratel selected Fujitsu as the prime contractor, and supplier of Sun workstations. Accugraph was part of the agreement.
Embratel currently uses Accugraph's products for Inside Plant management. The application consists of managing floor space and equipment including bays, shelves and cards. Embratel has an Oracle database running on a Sun and IBM platform. The agreement represents project expansion of approximately 60 workstations around the country.
"We continue to see acceptance of Accugraph as the de facto standard for network inventory and provisioning in North America and around the world," said Paul Damp, chairman and chief executive officer, Accugraph Corporation. "Major telecom providers are looking for results and Embratel has experienced a proven solution with Accugraph's products."
About Accugraph
Accugraph Corporation is a leader in Network Inventory and Provisioning products and services. Accugraph's customers include wireless providers, local and long distance carriers, Internet service providers and major corporations in the banking and travel/transportation industries. With new corporate offices in Richardson, Texas and Toronto, Canada, as well as established offices in El Paso, Texas and Huntsville, Alabama, Accugraph is a global supplier to the telecommunications and enterprise markets. Accugraph is publicly traded on the NASDAQ national market (ACCUF) and the Toronto Stock Exchange (ACU.A). Further information is available through Accugraph's web site: www.accugraph.com.
This news release may contain forward-looking statements relating to the future performance of Accugraph Corporation. The forward-looking information is within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. These forward-looking statements are subject to certain risks and uncertainties, and actual results may differ materially. Certain of these risks and uncertainties are described in the company's filings with the Securities and Exchange Commission including the company's annual report on Form 10-K for the year ending December 31, 1996 and subsequent Forms 10-Q. |