(BSNS WIRE) Franklin Receives Another Million-Dollar Order; Tempest DVG
Franklin Receives Another Million-Dollar Order; Tempest DVG Deployment
Continues
Business Editors
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Jan. 5, 1999--Franklin
Telecom (OTC BB:FTEL) Tuesday announced that it has received a new
order of $1.3 million for Tempest Data Voice Gateway Systems.
The order includes Tempest DVGs, installation and ongoing
maintenance for the Tempest Systems. The order was placed by an
established California-based customer that is deploying a national
Voice over IP network. For competitive reasons, the customer does not
wish to be identified.
Peter Buswell, Franklin's President and COO, stated: "We have
been working closely with this customer for some time and feel a
proprietary pride as their Tempest-based network expands. This order
expresses their continuing confidence in and commitment to our
product."
Tom Russell, Franklin's CFO, added: "We have already shipped
many units from the million-dollar order announced last month. The
previous $1 million order and this $1.3 million order are expected to
both be completed during the current quarter ending March 31. We are
pleased to see hardware sales ramping up."
The primary business of Franklin Telecom, founded in 1981, is the
design and manufacturing of communications devices, high-speed LAN,
WAN, Telco and software. Franklin customers have installed more than
100,000 nodes worldwide. Franklin's Internet subsidiary FNET provides
Voice over Internet Protocol global Telco services.
Certain statements in this news release constitute
"forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance, or achievements of the company to be materially
different from any future results, performance or achievements,
expressed or implied by such forward-looking statements.
For additional information about this announcement, visit the
Officer's Message page at Franklin's Web site: www.ftel.com.
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CONTACT: Franklin Telecom, Westlake Village
Helen West, 805/373-8688
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS
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