TLNT-Looking good. LAKE FOREST, Calif.--(BUSINESS WIRE)--Dec. 21, 1999--Telenetics Corp.(OTC BB: TLNT - news) Tuesday announced that the Department of Transportation (``DOT') of the State of Arizona has selected Telenetics' proprietary modem technology to monitor and report traffic volume and speed on state highways.
200 Units of Telenetics HideAway(TM) have been already installed and will operate on solar power. Telenetics HideAway(TM) was selected after stringent field tests to insure that they met the operational requirements for the overall system. The project is an ongoing component of the state's Highway Performance Monitoring System (HPMS).
HPMS data is now a critical component in the allocation of Federal-aid highway funds to the states as a result of passage of the $130 billion Transportation Equity Act for the 21st Century (TEA-21).
In addition to being an important source of information for indicators of performance on a national basis, Arizona's HPMS program is unique in that it considers local community transportation system condition and performance as critical knowledge for assisting in transportation planning decisions at the state and local government levels as well.
The decision by Arizona DOT is the latest in a series of successes Telenetics has had with various transportation authorities across the country in the last six months:
In July Los Angeles Department of Transportation (LADOT) selected Telenetics' TrafficWach(TM) System for a field installation. In August the city of Charlotte selected Telenetics' proprietary digital Fast-Poll modems to be installed at 137 intersections as part of that city's Advanced Traffic Management System. In September Telenetics' Traffic Management Systems Group (GDI) received a contract for the integration and supply of
networking and communications equipment that will form the
core of Philadelphia's new Transportation Management Operation
Center, in preparation for the Republican National
Presidential Convention hosted by the city in July of 2000. In November Cities of Mesa, Ariz. and Inglewood, Colo. selected Telenetics' proprietary digital Fast-Poll modems for automation of 650 to 700 intersections as part of their Advanced Traffic Management System.
Telenetics' products are used by more than 100 state and municipal transportation authorities in various traffic management projects. Telenetics formed its Traffic Management Systems Group in May, 1999 after acquiring Reno, Nev.-based GDI.
Telenetics is an innovator in the design and manufacture of proprietary wireless and wired data-communications solutions for utility and industrial automation, traffic management, intelligent transportation and oil and gas markets.
Telenetics' wireless solutions are already at work in many applications such as substation automation, power outage detection, traffic automation projects, flow measurement and remote monitoring. The company is expanding its presence to many other similar applications and markets by developing products and expanding its wireless services.
Telenetics offers Flat-Rate-Cellular(TM), a discount data transport cellular service to its customers.
Telenetics recently introduced a new proprietary technology that for the first time will enable businesses such as utility and transportation companies to collect data or monitor their industrial devices in the field, transmit the data through wireless cellular networks and receive it on the Internet.
Forward-Looking Statement Disclosure: Certain of the statements contained in this news release are ``forward-looking statements' that involve risks and uncertainties. Actual future results could differ materially from these statements. Factors that could cause or contribute to such differences include but are not limited to, increased competition within the utility and industrial automation markets, the inability of the company to fund its expected continued growth, adverse changes in the cellular services market and those discussed in the company's Form 10-KSB for the year ended Dec. 31, 1998 and the Form 10-QSB for the nine months ended Sept. 30, 1999.
For more information, visit Telenetics' Web site at www.telenetics.com |