Hello Mitch,
Here's another release: WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Feb. 16, 2000-- Franklin Telecommunications Corp. (AMEX:FCM.A) today announced the appointment of Lynn Muzik to the position of Vice President, Corporate Development. Muzik will lead a new, global marketing initiative to address the communications needs of non-telecom enterprises. "We're delighted that we were able to attract a senior marketing executive of Lynn Muzik's caliber to drive the enterprise marketing initiative," said Steve Lee, who leads Franklin's marketing, strategic planning, investor relations and advertising divisions. "Lynn will be instrumental in extending the enterprise business model to financial services firms, the transportation and lodging industries, and major retail merchants." "Franklin -- together with its FNet Voice over Internet Protocol (VoIP) services subsidiary -- is uniquely positioned to deliver very large, scalable voice and fax solutions to major corporations with established data networks and decentralized operations," said Phillip G. Ericson, Franklin's Chief Operating Officer. "Initial scenarios developed for Fortune 50 financial services firms indicate the recovery of their initial investment for Franklin enterprise solutions is measured in months, not years." Prior to her position with Franklin Telecommunications, Muzik was Vice President of Marketing for Morgan Stanley Dean Witter's Discover Card unit. She managed all major merchant relationships, established and heightened brand awareness among retailers, developed and deployed value-added enterprise services and, thereby, increased channel sales by 20%. Muzik was responsible for all facets of end-user sales promotions, sponsorships, and the development and implementation of enabling strategic alliances. She created an enterprise loyalty and rewards program, launched a new product on an external enterprise network, and developed a line extension and marketing strategy that continues to generate more than $300 million in recurring annual revenue. Muzik negotiated and secured key sponsorship relationships with Universal Studios (NYSE:VOS.N), Anheuser-Busch (NYSE:BUD.N), Times Square, and The Smithsonian. Franklin Telecommunications' primary business is the design and manufacture of next generation communications devices, including hardware and software solutions, which produce superior voice quality over the Internet. FNet, Franklin's telecom subsidiary, provides VoIP global telco services. |