News & Miss leading as well!!
SEPTEMBER 15, 2000 - 08:29 EDT
Compression & Encryption Technologies Shipping Products To Brazil
EDMONTON, ALBERTA--Compression & Encryption Technologies Inc. (CYH) is pleased to announce that Masterway Telecomunicacoes Ltda (Sao Paulo, Brazil) has recently purchased Datamaster and Framemaster products to introduce the CYH product line to the Brazil telecommunications market. Masterway was founded in 1988 to provide consulting and support in the area of telecommunications. The business has since grown to include sales and support of data communications hardware products such as Paradyne, OpenConnect and Cisco. The Masterway service offerings include the resale of Internet access bandwidth for Embratel, a major carrier in Brazil. Current customers of Masterway Telecomunicacois include banks, manufacturers, service companies and major telecommunications carriers.
During the period 1997-99, Brazil migrated from a state owned monopoly for telecommunications to a fully privatized and competitive private sector. Investment by the new telecom operators over the next 3 years is estimated to be US$25 billion. Brazil is a large country which several large cities such as Sao Paulo and Rio De Janeiro and many smaller regional centers. This situation creates significant challenges for the delivery of data communications services. The result is that both domestic and international data communications costs are very high and the service quality is highly variable, conditions that the CYH products are designed to address.
Over the past several months, CYH has been working with Masterway and their associates to understand the value of the CYH products in the Brazilian market where the additional bandwidth gained by using the CYH equipment provides a payback in a few weeks to a few months. The new telecommunications investment and challenges of the marketplace create an ideal environment for the CYH products. Masterway's experience in communication hardware allows them to be ideal partners to help both end users and data communications service providers take advantage of the CYH technology.
The CYH products are designed to extend bandwidth of Wide Area Network (WAN) Services. Data communications carriers provide these WAN services on a monthly basis depending upon capacity. By using the CYH hardware, carriers are able to offer a Premium Data Service without a major investment in communications infrastructure. The family of CYH data link optimization products deliver up to four times the throughput normally available on existing data links. The value of the extra bandwidth obtained from the use of the hardware is very dependant upon the local costs of bandwidth. With demand for bandwidth growing faster than the infrastructure can grow, an opportunity is created for effective bandwidth optimization technologies.
Compression trades on the Canadian Venture Exchange (CDNX) under the symbol CYH. Corporate and product information about CYH products is available on the Internet's World Wide Web at http:/www.compression.okko.com. Masterway's corporate information is available in Portuguese at masterway.com.br
For further information or for machine-readable format please contact Randy Pointkoski via Email at rpoint@okko.com c/o 2430-80th avenue, Edmonton, AB, or by telephone at (780) 469-3898 or fax (780) 469-4317.
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FOR FURTHER INFORMATION PLEASE CONTACT:
Randy Pointkoski (780) 469-3898 (780) 469-4317 (FAX) rpoint@okko.com c/o 2430-80th avenue, Edmonton, AB
The Canadian Venture Exchange has neither approved nor disapproved the information contained herein.
INDUSTRY: SVC SUBJECT: PDT |