Darrell,
In the press release you posted the company certainly made a bold prediction on revenue growth. If they can hit that target there's sure to be a big jump in the stock price. As I posted in my profile of this company, they do have very large potential markets, and their products now seem to be finding acceptance in the market, as shown by the recently announced sale to Ameritech.
Byron
Ameritech Contracts with CTIG for Billing Services
Business Wire - August 11, 1997 16:43
VALLEY FORGE, Pa.--(BUSINESS WIRE)--Aug. 11, 1997--CTI Group (Holdings) Inc. (OTC:CTIG) announced Monday that its telecommunications billing subsidiary, CTI Data Solutions (USA) Inc., has signed a contract with a division of Ameritech to provide an Administrative and Billing System (ABS) for operational system support of wholesale services.
The ABS is an interactive solution involving on-site software and service bureau bill processing using CTIG's new Windows(R)-based NEPTUNE Billing and Customer Care System.
Tony Johns, chairman and CEO of CTIG, called the agreement an important milestone in CTI Data Solutions' transition from mainframe- based billing to NEPTUNE's Windows NT(R) architecture. To date, the NEPTUNE System's alpha, beta and initial production applications have focused on less visible clients.
Said Johns, "We now get to deploy NEPTUNE for the type of client that the system was intended. We welcome Ameritech's confidence in our new technology and we look forward to optimizing their return on investment. NEPTUNE will be a contributing factor to the success of this new enterprise."
Wholly-owned subsidiaries of CTIG design, develop, market and support information processing software and services for managing telecommuni-cations systems.
CTI Data Solutions (USA) Inc. in Valley Forge specializes in billing solutions for providers of telecommunications services. CTI Soft-Com Inc. in New York specializes in telemanagement solutions for corporate users of telecommunications services.
For more information contact: Mark Daugherty, CFO, CTI Group (Holdings) Inc., 901 South Trooper Road, Valley Forge, Pa., USA 19482, telephone 610/666-1700.
Windows and Windows NT are registered trademarks of Microsoft Corporation in the U.S. and other countries.
CONTACT: CTI Group (Holdings) Inc., Valley Forge
Mark Daugherty, CFO, 610/666-1700
|
