Question for GG subscribers
Rumor running around that Elcotel (ECTL) will be in Gilder's next report. Does this company fit in to GG's model? It's a $3 stock so somehow I don't think so. But here is the latest news release, any comments would be appreciated.
Thursday April 6, 2:19 pm Eastern Time
Elcotel's Grapevine(TM) Named 'Innovative Product Of The Year' By The Association Of Directory Publishers
SARASOTA, Fla., April 6 /PRNewswire/ --
Elcotel, Inc. (Nasdaq: ECTL - news) announced today that its Grapevine(TM) public Internet terminal was named as Innovative Product of the Year by the Association of Directory Publishers (ADP).
The first non-PC Internet appliance for the public communications market, Grapevine(TM) is deployed throughout Canada by Canada Payphone Corporation. Phone Directories Company, which also was named Publisher of the Year 2000 by ADP, sells content sponsorship and directory advertising on the Grapevine(TM) network terminals in Canada and displayed Grapevine(TM) recently at the ADP convention in South Carolina.
Grapevine(TM) combines traditional payphone capabilities with sponsor-paid advertising and content, e-commerce, and personalized information services from the Internet in a public access setting. The Grapevine(TM) terminal network is powered by e-Prism(TM), Elcotel's comprehensive system for ``back office' support and content management. This proprietary system manages the terminals and is designed to tailor advertising messages and future sponsor- paid content for each individual terminal.
``The rapid acceptance and success of Grapevine(TM) in Canada is a testament to the commitment of both Canada Payphone Corporation and Phone Directories Company to the ongoing paradigm shift from coins to content in the public communications arena,' said Mike Boyle, Chairman and Chief Executive Officer of Elcotel. ``This award further validates both the innovative design and functionality of Grapevine(TM) and our plan to offer new communications services and revenues for Elcotel and our partners within the public communications industry.'
``Grapevine(TM) is a true breakthrough in bringing the personalized services, content and e-commerce capabilities of the Internet to the public communications market,' said Cindy Sorter, president of Phone Directories Company - Canada. ``It is the first major new public Internet appliance of the post-PC age.'
Elcotel, Inc., based in Sarasota, Florida, is a leader in providing public access telecommunications networks and management services for both domestic and international wireline and wireless communication networks. Visit Elcotel's corporate website at www.elcotel.com.
Statements contained in this release may contain forward-looking information regarding the Company's plans, projections, or future performance, which involve certain risks and uncertainties that could cause the Company's actual results to differ materially from those expected by the Company. These risks and uncertainties include the risk of adverse regulatory action affecting the Company and the Company's customers, risk of competition, risk of obsolescence of the Company's products, and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
SOURCE: Elcotel, Inc. |
