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Technology Stocks : Voice-on-the-net (VON), VoIP, Internet (IP) Telephony

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To: Frank A. Coluccio who wrote (1231)9/4/1998 11:23:00 AM
From: Frank A. Coluccio  Read Replies (2) of 3178
 
Corporate Profile for Tekelec, dated Sept. 4, 1998

[[All, Tekelec recently upgraded its company profile (below) to reflect its new directions, pointing to a converged IP/SS7 space. Frank C.]]

The following Corporate Profile is available for inclusion in your files.

Company Name: Tekelec

Address: 26580 W. Agoura Road
Calabasas, Calif. 91302

Main Telephone
Number: 818/880-5656

President: Michael Margolis

Chief Financial
Officer: Gilles Godin

Investor Relations
Contact: Terri MacInnis
Business number: 818/880-7821

Corp. Comm.
Contact: Noreen Jurek
Business number: 919/461-1031

Trading Symbol/
Exchange: TKLC/Nasdaq

Industry: High-tech telecommunications equipment

Company description: Tekelec is a leading supplier of innovative network switching solutions and advanced diagnostic systems that enable network operators and infrastructure suppliers to rapidly deeliver advanced communication products and services for the global communications marketplace.

Tekelec's Eagle platform is designed to meet the complex requirements of the converged IP / SS7 network and tradtional SS7 networks, enabling wireline, wireless and IP network operators to deliver intelligent network services.

Tekelec's Eagle STP (Signal Transfer Point), a high-speed specialized switch, serves as a key SS7 network element for wireline, wireless and IP service providers, enabling the increased use of advanced intelligent communication services, such as credit card verification, caller ID and 800 services.

Tekelec's open-platform, diagnostic systems (MGTS and Chameleon) are used by communications suppliers and service providers (including telephone operating companies and equipment manufacturers) to design, install, test and maintain their communications equipment and networks.

1997 year-end revenues were $125.1 million, up 74 percent from $72.1 million in 1996.

Second-quarter revenues in 1998 were $42.9 million, up 71 percent as compared with $25.1 million in the second quarter of 1997.

The 52-week high for the stock is $25.875 and the 52-week low is $12.250.
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