Dakota Carrier Services & Coyote Technologies Sign
Three-Year Equipment & Services Deal Valued at More than $30 Million
PR Newswire - June 29, 1998 06:45
CYOE NN NNC. %CPR %TLS V%PRN P%PRN
DCS to Provide Wholesale International Voice Services to Mexico
WESTLAKE VILLAGE, Calif., June 29 /PRNewswire/ -- Coyote Technologies, a subsidiary of Coyote Network Systems (OTC Bulletin Board: CYOE), today announced it has signed a three-year equipment and services agreement with Dakota Carrier Services (DCS) valued at more
than $30 million. The agreement calls for Coyote Technologies to provide DCS with telecom network equipment such as switches, compression equipment, network management and billing systems, and related services such as network design, diagnostic engineering, maintenance, billing, customer care and rating software. DCS plans to provide wholesale international long distance voice services, primarily to Mexico utilizing more than 200 compressed E1 circuits and SS7 intelligent networking.
The equipment portion of the agreement, valued at $15 million, begins shipping this month and is scheduled to be completed by September. The equipment includes four Coyote Technologies' DSS 10,000 Switches. In addition, Coyote Technologies has contracted with Newbridge Networks to provide compression equipment and network management, and with Info Directions to provide their CostGuard(TM) billing system. Comdisco, Inc. will provide lease financing for the first phase of the project.
"We chose Coyote Technologies because they offer excellent technology and bring a good understanding and solutions-oriented approach to our markets," said Michael Lansky, president, Dakota Carrier Services. "We are committed to our association with Coyote Technologies and look
forward to a long and profitable relationship."
"We are pleased that Dakota has selected us as the switching platform for their network," said Daniel W. Latham, president and chief operating officer, Coyote Network Systems. "We are committed to providing carriers with innovative, cost effective solutions that enable them to be successful. Our solutions-oriented approach enables Dakota to provide advanced services to their customers.
"Our selection by Dakota and Rhinos gets us off to a strong start for Fiscal '99. Fiscal '98 closes the 'book' on the 'old' Company. We can now be measured as a telecom switching and network services company," Latham added.
On June 18th, Coyote Technologies announced that Rhinos International, Ltd. Co., had selected its DSS Switch as the platform for Rhinos plan to build an international private data network using integrated Internet Protocol and Asynchronous Transfer Mode technologies.
About Dakota Carrier Services
Headquartered in Tucson, AZ, Dakota Carrier Services, a subsidiary of Dakota L.L.C. was recently formed to provide primarily wholesale telecommunication services to select international markets. Dakota L.L.C., founded in 1996, is a holding company with majority interest in a leading Internet service provider and Internet access equipment integrator.
About Coyote Network Systems
Headquartered in Westlake Village, CA, Coyote Network Systems, through its subsidiaries, provides carriers with scalable Class 4/5 switches, IP (Internet Protocol) gateways, wholesale international long distance services, and plans to provide CLEC services. For more information about Coyote Network Systems, please visit Coyote's Web site at cyoe.com or call 1-888-88
Coyote.
About Newbridge Networks
Newbridge Networks (NYSE: NN; Toronto: NNC) designs, manufactures, markets and services networking solutions to organizations in more than 100 countries. Newbridge leverages its relationship with 16 Affiliate companies and strategic alliances with Siemens and 3Com Corporation to deliver seamless, end-to-end solutions. Newbridge customers include the world's 250 largest telecommunications service providers and more than 10,000 corporations, government organizations and other institutions. Founded in 1986, the Company employs more than 6,000 people on five continents. News and information are available at www.newbridge.com.
About Info Directions, Inc. Based in Rochester, N.Y., Info Directions is focused on delivering and supporting affordable, PC-based systems for the telecommunications industry. IDI is a software development company with a rich history in client-server development. Info Directions, Inc. created CostGuard(TM) for telecom
firms that demand control over their rating, billing and customer service. For more information about Info Directions, Inc., please call 1-888-924-4110 or visit IDI's Web site at infodir.com
The statements in this news release may be considered "forward looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown
risks and uncertainties, which may cause the Company's actual results in future periods to be
materially different from any future performance suggested in this news release. Such factors include,
but are not limited to, actual and potential competition, risks associated with consolidation in the
industry and with international expansion, general and economic conditions, the need to manage
growth, and certain product, technology and regulatory risks. For more information, please refer to
the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to
place undue reliance on these forward-looking statements that speak only as of the date hereof. The
Company undertakes no obligation to publicly release the result of any revisions to these
forward-looking statements that may be made to reflect events or circumstances after the date hereof
or to reflect the occurrence of unanticipated events.
SOURCE Coyote Network Systems
/CONTACT: Tony Squeglia of Coyote Network Systems, 818-735-5385 or
A.Squeglia@cyoe.com/
/Web site: infodir.com
newbridge.com
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