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Technology Stocks : Veramark Technologies Inc. (Nasdaq: VERA)
VERA 28.46-4.1%Oct 31 9:30 AM EST
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To: E. Graphs who wrote (148)11/2/1999 9:55:00 AM
From: E. Graphs  Read Replies (1) of 221
 
Veramark Receives Liechtenstein Order for Swisscom Subsidiary

biz.yahoo.com

PITTSFORD, N.Y.--(BUSINESS WIRE)--Nov. 2, 1999--Veramark Technologies, Inc. (Nasdaq:VERA - news) today announced receipt of an order from a business partner for a VeraBill billing and customer care system. The end user of the system will be Telecom FL, a wireline telephone company in Liechtenstein. Telecom FL is a subsidiary of Swisscom, the national telephone company of Switzerland.

David G. Mazzella, Veramark President and CEO, commented, ''As countries around the world deregulate their telecommunications markets, opportunities open up for VeraBill which is recognized as the billing and customer care system of choice for small to mid-size carriers. This will be the 13th installation of VeraBill software in Europe and the 28th worldwide. We are very pleased that Telecom FL and Swisscom have chosen VeraBill for this critical application.''

Early in 1999, Telecom FL was awarded a license to provide local telecommunications services for the principality of Liechtenstein. Located in the central Alps between Switzerland and Austria, Liechtenstein has a population of 30,000 and among the highest per capita incomes in the world.........<<
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