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OTC BB FTEL For Immediate Release October 31, 1996
FRANKLIN ADDS RAYTHEON & U.S. ROBOTICS TO CUSTOMER LIST
Westlake Village, CA.> Franklin Telecom announced today that Raytheon Company has joined Franklin's corporate customer list with an initial order for several dozen ICP Coprocessor Systems. Raytheon is currently a key player in a massive FAA governmental program aimed at revamping and updating America's DOD and FAA Air Traffic Control Systems. Franklin has produced this product for Hughes Aircraft which is now a major subcontractor to Raytheon on the 'Stars' program.
Raytheon, head quartered in Lexington, Massachusetts is a $12 billion high-tech electronics company with special interest in marine and aviation applications.
Franklin Sales Manager Alan London says October is shaping up as a record-breaking month in bookings. In addition to sales of well-established product lines to long-time customers, demand for the D-Mark Channel Banks is high. London comments, "We're struggling to keep pace with orders. During the last few weeks, we've added personnel in both sales and manufacturing, and we're still fighting to meet delivery dates. We're also seeing our customer base expand with new orders from major customers like Raytheon and U.S. Robotics."
Due to the unprecedented demand, Franklin Telecom welcomes the return of Neil Wyenn as National Accounts Manager. Wyenn headed up Franklin's sales department in the mid-1980's during a period of unparalleled sales growth from startup to $20 Million in the first 18 months for the corporation. Wyenn's specialty is discovering and exploiting channels for new and existing products. According to Franklin's president and CEO Frank Peters, "Neil combines solid technical understanding with an uncanny gift for envisioning how new technologies can best serve the marketplace. He'll be a key player in the launch of our new products during the next few months. Mr. Wyenn's first assignment will be to head up FNet's National roll out, by offering a special flat rate pricing program."
For the latest up-to-minute information about Franklin Telecom and FNet, visit our web site:
www.ftel.com
More information can be obtained by contacting Helen West, Shareholder Relations, at 805-373-8688. Franklin Telecom, founded in 1981, designs and manufactures communications devices and software. Franklin has an installed base of over 100,000 nodes. Franklin is traded on the Over The Counter Market as "FTEL". |
