TELT .60:
(COMTEX) B: Teltronics Awarded $1.3 Million Dollar Order With a North Afri
an Government's Ministry of Defense ( PRNewswire-Firs
B: Teltronics Awarded $1.3 Million Dollar Order With a North African Government'
Ministry of Defense ( PRNewswire-FirstCall )
SARASOTA, Fla., Mar 29, 2004 /PRNewswire-FirstCall via COMTEX/ -- Teltronics,
Inc. (OTC Bulletin Board: TELT) announced a $1.3 Million dollar order with a
North African government's ministry of defense. The order consisted of twelve
20-20 IXP telephone systems and a complete monitoring system including an
IRISnGEN and twelve Site Event Buffers (SEBea). All equipment is scheduled to
ship within the second quarter of 2004.
The systems were purchased to provide a transparent network across the country
so local services are reachable to over 3500 subscribers. The users will have
availability to all basic telephone features and direct dial access to the ISP.
A North African procurement officer states, "With the purchase of the Teltronics
products, our subscribers for the first time ever will have a clean connection
to the ISP. We are happy that the systems will support our current load of up to
3,500 subscribers and can expand to approximately 120,000 and we have the
ability to enable VoIP in the future."
"With the reliable, Teltronics 20-20 networking capabilities and the added
security of the IRISnGEN and SEBea 24x7 monitoring resources, we are very
confident in meeting the demands of the North African government. This
significant order shows the fundamental strength and assurance that our
customers have in our Company and products," comments Ewen Cameron, President
and CEO of Teltronics.
About Teltronics:
Teltronics, Inc. is a leading global provider of communications solutions and
services that help businesses excel. The Company manufactures telephone
switching systems and software for small-to-large size businesses, government,
and 911 public safety communications centers. Teltronics offers a full suite of
Contact Center solutions -- software, services and support -- to help their
clients satisfy customer interactions. Teltronics also provides remote
maintenance hardware and software solutions to help large organizations and
regional telephone companies effectively monitor and maintain their voice and
data networks. The Company serves as an electronic contract-manufacturing
partner to customers in the U.S. and overseas. Further information regarding
Teltronics can be found at their web site, www.teltronics.com .
A number of statements contained in this press release are forward-looking
statements, which are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements can
generally be identified as such because the context of the statement will
include words such as we "believe," "anticipate," "expect," or words of similar
import. Similarly, statements that describe our future plans, objectives,
strategies or goals are also forward-looking statements. These forward-looking
statements involve a number of risks and uncertainties that may materially
adversely affect the anticipated results. Such risks and uncertainties include,
but are not limited to, the timely development and market acceptance of products
and technologies, competitive market conditions, payment of the consideration
under our acquisition agreements, successful integration of acquisitions and the
failure to realize the expected benefits of such acquisitions, the ability to
secure additional sources of financing, the ability to reduce operating expenses
,the ability to make payments under our outstanding indebtedness, the ability to
pay dividends on our preferred stock, risks relating to foreign currency
translations, and other factors described in the Company's filings with the
Securities and Exchange Commission. Shareholders, potential investors and other
readers are urged to consider these factors carefully in evaluating the
forward-looking statements made herein and are cautioned not to place undue
reliance on such forward- looking statements. The forward-looking statements
made herein are only made as of the date of this press release and we disclaim
any obligation to publicly update such forward-looking statements to reflect
subsequent events or circumstances.
For further information, please contact: Ewen R. Cameron, President & CEO of
Teltronics, Inc., +1-941-753-5000, telt@teltronics.com.
SOURCE Teltronics, Inc.
CONTACT: Ewen R. Cameron, President & CEO of Teltronics, Inc.,
+1-941-753-5000, telt@teltronics.com
URL: teltronics.com
prnewswire.com
Copyright (C) 2004 PR Newswire. All rights reserved.
-0-
KEYWORD: Florida
INDUSTRY KEYWORD: CPR
TLS
NET
HRD
ARO
OTC
SUBJECT CODE: OTC
*** end of story *** |
