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

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To: Ron Kochanowicz who wrote (2624)3/25/1998 9:30:00 AM
From: Robert Floyd  Read Replies (1) of 3431
 
Glenayre Receives $3 Million Contract For Expansion Of China's Nationwide Paging Network
BEIJING, March 25 /PRNewswire/ -- Glenayre Technologies Inc. (Nasdaq: GEMS - news) announced today that it received a $3 million contract from China's Ministry of Post and Telecommunications (MPT) for the expansion of China's nationwide roaming paging network. Glenayre will provide three complete FLEX-based high speed paging systems for three provincial capital cities of the network's second phase: Guiyang in Guizhou Province; Xining in Qinghai Province; and Lhasa in Xizang Province.

''We're pleased to be able to provide China's network with the most advanced platform available,'' said Chinnee Tong, director of sales and deputy general manager for Glenayre's China Operations. ''Glenayre's advanced infrastructure provides high capacity, high speed paging capability today with the ability to support the future service needs of China's market.''

When the second phase is complete in April, all 31 of China's capital cities will be linked. MPT plans to eventually expand the network to more than 300 cities. In October 1997, Glenayre activated high speed paging systems in eleven provincial capital cities for the public launch of the nationwide network, which is now delivering advanced numeric, alphanumeric and roaming services.

The FLEX roaming capability of China's network is made possible by the Inter-switch Paging Network Protocol (IPNP). Based on Glenayre's WMtp inter- switch protocol, IPNP was developed jointly by the MPT and Glenayre as China's nationwide networking standard.

Every Glenayre system within China's network is fully upgradable to support narrowband PCS protocols including ReFLEX. Glenayre's high speed paging system includes the GL3000 Wireless Messaging Switch, GL-C2000 Controller, N2000 Network Manager and GL-T8000 series transmitters.

Glenayre Technologies Inc. is a leader in developing, manufacturing and marketing innovative personal telecommunication products and systems. With over 2,000 employees and products installed in over 100 countries, Glenayre's net sales exceeded $451 million in 1997. Glenayre specializes in complete paging systems, including both one and two-way paging infrastructure, and AccessMate advanced messaging pagers. Glenayre also offers telecommunication service providers, both wireless and wireline, a suite of enhanced service products including voice mail, fax messaging, voice-activated dialing, one- number services, calling card platforms and communication network administration software. 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.

GLENAYRE is a registered trademark of Glenayre Electronics Inc.
WMtp is Glenayre's wireless messaging transfer protocol
FLEX and ReFLEX are Motorola's high speed paging protocols, and are

trademarks of Motorola Corporation
SOURCE: Glenayre Technologies Inc.
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