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Technology Stocks : PERI (Periphonics)
PERI 9.330-3.5%Nov 20 3:59 PM EST

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To: Mel Spivak who wrote (1383)11/9/1998 1:23:00 PM
From: CJ  Read Replies (1) of 1682
 
PERI does Brazil *

I'm sot sure if we're sailing or driving cattle today, but here's a nice announcement. {* Caution: Not one word boyz about Debbie and Dallas :) }

Periphonics Corporation Signs Distribution Agreement With CL Consultoria of Brazil

BOHEMIA, N.Y.--(BUSINESS WIRE)--November 5, 1998

Distributor Will Supply Periphonics' Voice Processing Platforms

to Brazilian Businesses

Periphonics Corporation (NASDAQ: PERI), a leading worldwide provider of products and services for call processing solutions used in Computer Telephony Integration and Telecom Enhanced Network Services, today announced that CL Consultoria of Brazil has been selected as a supplier of its voice processing platforms. CL Consultoria will also provide marketing and support services for Periphonics' products to telecommunications, financial services and manufacturing companies in Brazil.

Founded in 1987, CL Consultoria provides computer and communications hardware, software and applications development to various industrial markets in Brazil. The addition of Periphonics solutions to CL Consultoria's offerings will provide Brazilian companies with products and services that automate call and transaction processing, resulting in improved customer satisfaction and reduced costs.

Donald B. Kaisermann, senior director, international business development at Periphonics, said, "Our relationship with CL Consultoria represents a major extension of Periphonics' involvement in the Latin American environment. Brazil has the largest population base in South America, and is a world leader in the utilization of advanced technology. We view this as a significant opportunity for our organizations to serve the on-line requirements of the Brazilian professional community."

"Brazilian telephone companies went through a privatizing process last July, and we are expecting more competition in the telephone market," stated Claudio Leig, director of CL Consultoria. "The telephone companies' new owners need to invest a lot in technology, and this represents an excellent opportunity to increase our market share by introducing Periphonics solutions. In addition, the pre-paid calling card market is unexplored in Brazil, and the present moment is very favorable for the introduction of this kind of service."

Periphonics develops, markets and supports products and services for Computer Telephony Integration and for Telecom Enhanced Network Services using technologies such as Interactive Voice Response (IVR), speech input, messaging, fax and Web Browsers. The Company's products and services automate call and transaction processing, increase call center agent productivity, and often create new revenue streams for our customers. Headquartered in Bohemia, New York (Long Island), Periphonics has systems installed in more than 50 countries.

CONTACT:

Karen L. Ferraro

Director of Marketing

(516) 468-9276

karen.ferraro@peri.com

or

Anne Strauss

Public Relations Coordinator

(516) 468-9591

anne.strauss@peri.com

KEYWORD: NEW YORK

BW1289 NOV 09,1998

7:37 PACIFIC

10:37 EASTERN
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