Cognitronics to Sell Voice Information Systems to Nextlink Communications
DANBURY, Conn., July 22 /PRNewsire/ -- Cognitronics Corporation (Amex: CGN - news) announced today that Nextlink Communications, Inc. (Nasdaq: NXLK - news) has selected Cognitronics' McIAS(TM) 16xx/IP product technology to provide voice announcement services on its nationwide network.
Nextlink, a competitive communications company headquartered in Bellevue, Washington providing local, long distance and enhanced communications services to commercial customers in major and mid-sized markets in the United States, will install Cognitronics' McIAS 16xx/IP voice information systems on its Nortel DMS-500 digital switching systems to provide voice information services to its customers, including network, number change intercept and automatic number announcements. Enhanced services announcements may be added in the future.
''We welcome Nextlink to the growing list of competitive telephone service providers who have selected Cognitronics' McIAS 16xx/IP technology to provide announcement services on their networks,'' said Brian J. Kelley, president and chief executive officer of Cognitronics. ''Sales under this recently signed agreement, which are subject to the receipt of definitive purchase orders, are expected to begin in the current quarter.
Statements contained herein which are not historical facts are forward-looking statements. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks and uncertainties including, but not limited to, variability of sales volume quarter to quarter, product demand, market acceptance, litigation, risk of dependence on significant customers, third party suppliers and intellectual property rights, risks in product and technology development and other risk factors detailed in the company's Securities and Exchange Commission filings.
Cognitronics is a leading manufacturer and supplier of voice information systems, including telephone network and call management products, to telephone operating companies, other telecommunications providers and original equipment manufacturers.
SOURCE: Cognitronics Corporation |