at 4.00 this am tlnt is well down from its 52wh of 9.00...and they should be a force in the
wireless mkt going forward...my opinion only...this today...an add'l revenue stream:
Telenetics Receives First Major Order From Motorola Bell 202T Customers
LAKE FOREST, Calif.--(BUSINESS WIRE)--June 14, 2000--Telenetics Corporation
(OTCBB:TLNT - news) announced today that it has received a purchase order for 6000
Bell 202T modems valued at approximately $1.5 million from a major customer of
Motorola (NYSE: MOT - news) Multiservice Networks Division (MND).
This purchase order is the first significant sales of Bell 202T resulting from the transfer all
technology and product assets of Motorola Bell 202T modems to Telenetics, which was
announced by Motorola on May 30, 2000.
Bell 202 and other multi-drop products are widely used in hundred of thousands of sites
such as traffic management, lottery machines, point of sales, power distribution systems,
substation automation, waste water management and other SCADA applications. There
is a continued and growing global demand for these products as more industrial
automation projects are initiated.
Telenetics Bell 202 is fully compatible with the one designed and manufactured by
Motorola for many years. There are several hundred thousand installations of Motorola
Bell 202 worldwide. Telenetics Bell 202 fits in the existing Motorola racks and is fully
compatible with those currently in operation.
About Telenetics
Based in Lake Forest, California, Telenetics is a leading provider of proprietary wireless
data-communications solutions to the rapidly growing Industrial Automation market. The
Company designs products and systems that collect data from industrial devices such as
meters, remote terminal units, traffic controllers, industrial controls, remote sensors, data
loggers and transmits it through wireless cellular and radio frequency networks or
telephone lines to a host site, direct or via the Internet. The Company intends to build the
most advanced wireless data network enabling a wide range of customers to reliably and
economically communicate with their remote devices. Telenetics is also a supplier and
an integral part of the booming market of Wireless Internet and ISP.
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Contact:
for Telenetics
Robert Way, 949/455-4000 Ext. 70 |
