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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?

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To: Dale Baker who wrote (2546)2/10/1998 9:23:00 AM
From: Crash   of 3431
 
Hi All,
Looks like GEMS has repackaged the Open Development product as their own finally. Here is the release.

Regards,
Crash

Glenayre Demonstrating Prepaid Wireless And Wireline Products At ExpoComm Mexico '98 February 10, 1998 8:51 AM EST

CHARLOTTE, N.C., Feb. 10 /PRNewswire/ -- Glenayre's Integrated Network Group is showcasing its new prepaid wireless and wireline products at ExpoComm Mexico '98 in Mexico City. The demonstration is part of Glenayre's focus on key enhanced services that will help drive the company's global growth. With the advent of prepaid wireless and landline products, Latin America has quickly become the leading adopter of this technology.

"Pre-paid is an increasingly important distribution tool for wireless carriers in Latin America," said Andrew Roscoe, president and CEO of The Strategis Group, an international telecommunications consulting firm. "It has been used successfully in a number of markets to combat churn. In addition, carriers have found that customer acquisition costs are lower through pre-paid distribution. For these reasons, pre-paid wireless customers reached 2.2 million subscribers in Latin America by end-year 1997, and continue to grow rapidly. Pre-paid is expected to become more important in other Latin America telecommunications sectors as well."

The Glenayre openMEDIA platform and applications provide an array of revenue-generating enhanced services, such as prepaid wireless, prepaid calling card and enhanced calling card applications. The configuration of the Glenayre openMEDIA platform offers carriers many advantages, including the ability to provide their customers with reliable, high-volume enhanced phone services, support for operation of multiple applications simultaneously, and a platform that can adapt existing applications and create new products.

"The market opportunities for prepaid and calling card services are growing exponentially worldwide," said Tom Allen, vice president and general manager of openMEDIA Systems for Glenayre's Integrated Network Group. "To meet the growing need for these services, Glenayre offers a high capacity, scalable, and reliable solution engineered to provide carriers with solid financial returns for enhanced calling card, prepaid wireless and wireline service offerings."

Designed with an open architecture allowing for scalability, adaptability and reliability, the Glenayre platform and applications afford service providers and carriers the performance needed to deliver fast, reliable, high- volume transaction processing. The Glenayre openMEDIA applications include:

* openMEDIA Wireless Prepaid - A revenue-generating, low-risk competitive edge for wireless providers that can increase their subscriber base and revenues. It enables providers to capture lost revenues from credit- challenged clients and past denials, and addresses the needs of the cost- control subscriber, gift-giver and student markets. Its special features include real-time rating, recharging capabilities and extensive branding.

* openMEDIA Prepaid Calling Card - A reseller-oriented, premium prepaid calling card application, openMEDIA Prepaid Calling Card offers providers many critical features, including call scripting and extensive branding, flexible call rating, and an advanced subscriber feature set. Offering a convenient, reliable method of placing calls against a prepaid account, it tracks and decrements accounts in real-time.

* openMEDIA Enhanced Calling Card - This preferred postpaid calling card service enables providers and carriers to maintain a strategic advantage in the competitive postpaid market. Its special features - including comprehensive call scripting capabilities, extensive fraud prevention, corporate calling card functionality and a superior subscriber feature set - attract and retain subscribers, while building brand identification and loyalty.

Glenayre Technologies Inc. (Nasdaq: GEMS) is a leader in developing, manufacturing and marketing innovative personal telecommunication products and systems. With over 2,000 employees and offices on six continents, Glenayre's net sales exceeded $390 million in 1996. Glenayre specializes in complete paging systems, including both one and two-way paging infrastructure, and AccessMate advanced messaging pagers. Glenayre also offers network operators, both wireless and wireline, a suite of multi-media enhanced services including voice messaging, fax messaging, voice activated services, one number services, prepaid wireless, calling card services and operational support systems. Glenayre completed the acquisition of Wireless Access Inc., now known as the company's Wireless Access Group, and Open Development Corp., now a component of Glenayre's Integrated network Group, in 4th Quarter 1997. Additionally, Glenayre provides microwave radio products, hands-on technical training and comprehensive customer support. SOURCE Glenayre Technologies Inc.

c PR Newswire. All rights reserved.
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