(VTPI) Monday November 30, 12:00 pm Eastern Time Company Press Release
SOURCE: Visual Telephone International, Inc.
Visual Telephone International, Inc. Expands Initiative Within Federal Sector With Strategic Alliance with Engineering and Professional Services, Inc.
SOUTH HACKENSACK, N.J., Nov. 30 /PRNewswire/ -- As part of Visual Telephone International, Inc.'s (OTC Bulletin Board: VTPI - news) effort to capture a significant share of the emerging demand for video conferencing products within the federal, state and local areas, Joel Beagelman, President of VTPI announced today a strategic alliance with Engineering and Professional Services, Inc. (''EPS''), a premier contractor providing engineering services and products to the government, military, and private industry worldwide. EPS' corporate headquarters is in Tinton Falls, NJ, with facilities in Augusta, GA, Fayetteville, NC, Fairfax, VA, Kansas City, KS, and Mannheim, Germany. EPS' sales last year were over $20 million. The company has grown to over 225 employees, and is recognized for providing highest quality engineering and technical services with an energetic staff that has breadth, knowledge, and a dedication to quality performance.
Mr. Frank A. Musorrafiti, President of EPS stated that ''The high quality VTPI product line, with its enhanced capabilities, fits very nicely into the products and services we provide to our customers. We will add these products to our existing contractual vehicles. My staff will articulate the products' capabilities to our customers, providing a tremendous opportunity for increased sales. I look forward to a very successful relationship with VTPI.''
EPS has combined their resources with premier teammates and won the Wire and Cable Services (''WACS'') contract from the General Services Administration (''GSA'') with an authorized value of $2.6 billion. The VTPI products will be added to this contract as well as EPS' GSA Schedule 70.
The EPS partnership of EPS, MFS Network Technologies, Inc., a WorldCom Company, Power and Telephone Supply, Applied Quality Communications, Inc., and Communications Support Services, Inc. (''CSS''), won the GSA WACS five-year contract last year. This association provides design and engineering support, installation, integration and implementation support, and operations and maintenance support for cable plan installation, and infrastructure upgrades for Federal Telecommunications customers. Customers include the GSA Program Offices, all Federal Agencies, authorized Federal Contractors, Agency Sponsored Universities and Laboratories, and authorized State, Local and Tribal Governments.
Mr. Beagelman of VTPI stated that ''We are delighted to partner with EPS, whose recognized engineering and marketing ability will enhance the Visual Telephone product line. I am anticipating strong revenue growth as a result of this alliance.''
For further Information on Visual Telephone International, Inc., and to see ''Tomorrow's Vision Today,'' visit their WEB site at www.vistele.com or call 1-888-VIS-TELE or e-mail Info@vistele.com. |