From 6/2: TII Industries, Inc. announces award of a multi-year contract extension with Ameritech
COPIAGUE, New York--TII Industries, Inc. (Nasdaq NMS : TIII) is pleased to announce the award of a contract extension with the AMERITECH corporation, a key customer of TII. This five year extension will provide Ameritech with TII's state-of-the-art modular station protectors and other associated products into the next century.
Ameritech, with over 19 million subscriber access lines, services over 12 million homes and businesses with local telephone service in the states of Illinois, Indiana, Michigan, Ohio and Wisconsin. Ameritech also offers cellular, long distance, paging, cable TV, security monitoring and more for much of the U.S. and many parts of Europe. With it's commitment to quality, Ameritech's number one strategy is to be one of the best communications companies in the world while continually improving productivity and increasing shareholder value.
TII Industries, Inc., with facilities in Copiague, New York, North Carolina, Puerto Rico and the Dominican Republic, specializes in the design, manufacture and sale of overvoltage surge protection, fiber optic, network interface and electronic products, principally for use in the telecommunications industry. Its customers, which service over 165 million subscriber access lines in the United States, demand the highest quality.
Timothy J. Roach, President and Chief Executive Officer, commented "The signing of this extension displays Ameritech's and TII's joint commitment to quality and service. Growing on a continuing relationship over the years has helped TII to understand Ameritech's needs and enabled us to produce quality products that meet or exceed all of their requirements.
Our continuing commitment to quality and service helped TII be a previous winner of Ameritech's prestigious Supplier of the Year award."
Mr. Roach continued, "TII's advanced overvoltage protectors are designed to shield the homeowner from injury and their equipment from damage due to lightning or other hazardous electrical surges on the telephone line. In addition, our protectors are designed to survive the hostile outside plant environment thereby substantially reducing system downtime and costly maintenance visits.
Statements in this release that are not strictly historical are "forward-looking" statements which should be considered as subject to the many risks and uncertainties that exist in the Company's operations and business environment. These risks and uncertainties include economic conditions, market demand and pricing, competitive and cost factors as well as other factors from time to time discussed in TII's SEC reports.
CONTACT: TII INDUSTRIES, INC.
Paul Sebetic or Jack Tarulli
Vice President & Director -
Chief Financial Officer Investor Relations
(516) 789-5000 (516) 789-5000
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