BSN Wins New Contract with Panafon for Voice Mesg. for GSM Network in Greece
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Tuesday October 7 8:29 AM EDT
Company Press Release
Boston Technology Wins New Contract with Panafon to Provide Voice
Messaging Services for GSM Network in Greece
WAKEFIELD, Mass., Oct. 7 /PRNewswire/ -- Boston Technology, Inc., (NYSE:BSN), a global provider of voice and
Internet messaging systems for the telecommunications industry, announced today an agreement with Panafon S.A., through its
local distributor, Intracom S.A., worth approximately $2 million, with additional purchase options of up to $2 million, for a total
of up to $4 million. Under the terms of the agreement, Boston Technology will supply its Access NP(R) Network Services
Platforms, software, and value-added services to Panafon, the largest GSM wireless operator in Greece.
In the first installation of Boston Technology's Access NP platforms in Greece, the Network Services solution will be
implemented as the Advanced Voice Mail system to Panafon for wireless GSM service throughout the country. The Access
NP platforms will enable Panafon subscribers to receive call answering, voice messaging, fax services and voice mail
notification through Short Message Service. In addition, this platform will allow all wireless GSM subscribers in Greece to have
a personal voice mailbox that can also store fax messages. Fax messages can be retrieved simply by directing them to any fax
machine. The systems are scheduled to ship in October.
Panafon will also be working with Boston Technology's MEDALIST(R) Market Success Group which will provide marketing
services and deployment strategies to ensure a successful service launch.
''We are extremely pleased to supply Panafon with an advanced voice mail system for the GSM network,'' said Francis E.
Girard, Boston Technology's President and CEO. ''With the GSM market predicted to grow 30% per year over the next 5
years, this new partnership significantly strengthens our position in the fast growing mobile phone market in Europe.''
Panafon S.A. is a joint venture formed by Vodafone of the United Kingdom, France Telecom Mobile International of France
and Intracom of Greece. Panafon's GSM network was launched in 1993, and its system has expanded to cover over 95% of
the population in Greece. Panafon is the largest GSM wireless network operator in Greece servicing the entire country with
over 400,000 subscribers.
Boston Technology, Inc. supplies innovative systems, software and services to telephone, long distance, cellular, PCS, cable,
and other companies in the telecommunications industry that enable them to provide voice mail, integrated Internet messaging,
and other services to their customers. Boston Technology is a worldwide market leader serving half of the world's 20 largest
telephone companies in 13 countries. The company is ISO 9001 certified and the winner of a 1996 President's ''E'' Award for
Excellence in Exporting. Boston Technology was founded in 1986, and is based in Wakefield, Massachusetts.
NOTE: Access NP and MEDALIST are registered trademarks of Boston Technology, Inc. This press release and other
Boston Technology press releases are available via fax-on-demand by calling 1-800-758-5804, extension 112050. They may
also be accessed via the Internet at bostontechnology.com.
SOURCE Boston Technology, Inc. |
