Well it looks like we won't have to wait until '97 for RBOC contracts. And my feeling is one RBOC deal will lead to more. I've been holding a little MSCM since the Votan implosion and added more at $9 this morning. I'm glad to see MSCM finally making headway and hope we can get this thread going because MSCM looks prime for a continued move up. Anyone want to take a stab at the kind of revenues we can expect from this deal? AA
PITTSFORD, N.Y.--(BUSINESS WIRE)--Nov. 22, 1996--MOSCOM Corporation (Nasdaq National Market:MSCM) today announced that it has received a letter of intent from a Regional Bell Operating Company for purchase of MOSCOM's INFO/MDR products. Sales are subject to the signing of a contract. The identity of the RBOC and the terms of the agreement will not be announced until a contract is signed. Commenting on the announcement, Albert J. Montevecchio, MOSCOM President, said, "We are taking the unusual step for MOSCOM of announcing a letter of intent prior to the signing of a contract because of the significance of this development and our confidence that a contract will be signed. Material terms of the agreement, including price, have been agreed upon. We hope to sign a contract and begin product deliveries before the end of 1996. This is a very significant milestone for MOSCOM which we have worked toward for several years. Selection by a RBOC will help to solidify INFO/MDR's position as an industry standard." The INFO/MDR family is a call record collection, transmission and processing system for telephone companies. It is in use at telephone companies throughout the United States and United Kingdom providing call detail records for Centrex and Virtual Private Network Subscribers. Montevecchio added, "This particular RBOC is planning to use INFO/MDR to offer Station Message Detail Records ("SMDR") to all of its Centrex customers company-wide. Standard delivery of SMDR will be done through INFO Collector systems. Centrex customers desiring optional real time SMDR will be served by a MOSCOM INFO Monitor message processor. MOSCOM's Emerald software will be provided to Centrex customers requiring a Windows based call accounting user interface. INFO Collectors will be the first part of the INFO/MDR system installed by MOSCOM." MOSCOM Corporation is engaged in the design, production and servicing of telecommunications management, voice processing and voice recognition products for users and providers of telecommunications services in the global market. |