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Technology Stocks : QUALCOMM-The Wireless Wonder in 1999

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To: GO*QCOM who wrote (152)3/23/2000 6:07:00 AM
From: GO*QCOM  Read Replies (1) of 343
 
Telular Corporation Announces Additional $6 Million Contract with TRICOM for CDMA Fixed Wireless Terminals

Vernon Hills, Ill., March 16, 2000 -- Telular Corporation today announced that it signed a $6 million follow-on contract with TRICOM. Under the terms of the contract, Telular will supply an additional 15,000 CDMA Fixed Wireless Terminals (FWTs) and accessories to TRICOM for its ongoing Wireless Local Loop (WLL) project. Telular has previously shipped more than $8 million of FWTs and accessories to TRICOM.

?We are very excited about our ongoing relationship with TRICOM,? said Mr. Ken Millard, President and CEO for Telular Corporation. ?TRICOM has devoted significant technical and marketing resources to this project. Their success illustrates the value of our technology.?

?With thousands of Telular CDMA Fixed Wireless Terminals already successfully deployed and in operation in the Dominican Republic, we are accelerating our WLL deployment nationwide. With the high demand for local service and the continued growth in our economy fueling the expansion of the market, we plan to maintain our leadership as the #1 provider of fixed wireless telephone service in the Country,? said Mr. Arturo Pellerano, Chairman and Chief Executive Officer for TRICOM.

Mr. Pellerano added, ?The key to our success is the high standard and quality of service and support TRICOM offers, resulting in total customer satisfaction. Telular is a leader in delivering quality product and technical support and has worked closely with TRICOM to develop custom battery backup solutions to meet our customer?s needs for continuous power.?

Telular Contact: Mr. Jeffrey L. Herrmann Executive Vice President Phone: 847-247-9400
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