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Technology Stocks : Winstar Comm. (WCII)

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To: transmission who wrote (10322)2/17/1999 12:09:00 PM
From: Pamela Murray   of 12468
 
February 16, 1999 08:16

TEOCO CORPORATION APPOINTS VICE PRESIDENT FOR TELECOM SOLUTIONS GROUP
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FAIRFAX, Va.--(BUSINESS WIRE)--Feb. 16, 1999--TEOCO Corporation - The Employee Owned Company - today announced that it has appointed Thomas Kins as Vice President, Telecom Solutions. The appointment is effective immediately.

Kins, 41, comes to TEOCO with more than fifteen years of telecommunications industry experience. His most recent assignment was with WinStar Telecommunications Inc. where he served as Senior Director of the Carrier Settlements and Carrier Relations group. Prior to his time at WinStar, he served as Director of Carrier Accounting and Financial Tracking Systems at Cable & Wireless USA. In his new position, Kins will report to Atul Jain, TEOCO's founder, President and CEO.

"Tom is a recognized industry expert in the areas of access charges and access reform," said Jain. "We wanted to bring this depth of expertise to our clients in the telecommunications industry. This will further strengthen the position of the TeoSoft Telecom Series as the leading suite of access auditing solutions. Tom's experience will prove equally valuable in serving the needs of clients of TEOCO's Telecom Audit Service Center (TASC)."

"It has long been my goal to bring industry leading solutions to the telecom marketplace," said Kins. He went on to say, "I am confident that, together, we can make TeoSoft Telecom Series the industry standard. The energy and drive of the people at TEOCO is very compelling."

The TeoSoft Telecom Series allows carriers to electronically import, analyze, audit, and pay invoices received from other telecommunication firms, including LECs, long distance wholesalers, and other providers. Using the workflow management tools provided, users can streamline their cumbersome invoice auditing function, allowing auditors to spend more time reviewing and auditing the thousands of invoices a typical carrier may receive each month. Integration with a carrier's traffic reporting, rates and tariffs, and accounts payable systems automates the otherwise tedious process of auditing and paying invoices.

Founded in 1994, TEOCO Corporation is a rapidly growing Virginia based company providing software products and services. The company continues to be a leader in providing practical solutions for complex distributed information systems in such diverse industries as telecommunications, energy, and financial services. TEOCO specializes in the areas of software engineering, systems engineering, and systems integration and unconditionally guarantees the value of its services. The company's clients include: Mobil Corp (NYSE:MOB), WinStar (NASDAQ:WCII), e.spire Communications, Inc.(NASDAQ:ESPI), US West (NYSE:USW), TRW (NYSE:TRW), Cable & Wireless PLC (NYSE:CWP), Freddie Mac (NYSE:FRE), Excel Communications (NYSE:ECI), Daimler Chrysler (NYSE:), GEICO, Siemens, CCMI, SRA, and Linguateq.
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