ICOM in the news again:
Intelect Announces $1.7 Million Order for LANscape Video in Telemedicine Network
LANscape(TM) Video Systems to be Marketed in China and the Pacific Rim
RICHARDSON, Texas, Jan. 15 /PRNewswire/ -- Intelect Communications, Inc. (Nasdaq: ICOM), a leader in emerging network technologies, announced today that Intelect Visual Communications (IVC) has entered into an agreement to be the preferred video technology supplier to the Global Telecommunications Partnership Program (GTPP), a consortium representing two telemedicine communication networks and a network installation company in China. Under this agreement, GTPP partners have placed an initial order for $1.7 million of LANscape video systems. Shipments for this order are scheduled quarterly through the year 2000 and will commence following confirmation of letter of credit arrangements. The agreement between GTPP and IVC also provides that the GTPP and its partners will market LANscape(TM) throughout China and other Pacific Rim countries.
"Under this agreement, the GTPP partners in China will deploy LANscape products in telemedicine applications within their own communication networks and will be targeting China's National Golden Health Network, in which GTPP participates," said Keith Smith, vice president and general manager of Intelect Visual Communications, the division producing LANscape. "IVC will be offering complete application solutions by combining LANscape video communications products with satellite communications from Commercial Satellite Systems and telemedicine peripherals from American Medical Development, Inc."
According to Dr. Cheng Li-Qun, founder of GTPP, and director of the Dalian Telemedicine Center, "We have immediate plans to install LANscape in 35 hospitals connected through the Dalian Telemedicine network during 1999. We are switching to LANscape because we believe it offers the best telemedicine solution for the People's Republic of China. LANscape fits the proposed telemedicine infrastructure, the quality of the video is far superior to any other system and the product is competitively priced. Additionally, we will be marketing LANscape to the China National Golden Health Network, which represents one of the world's largest telemedicine networks. One part of this network, the Liaoning Golden Health Medical Network, is already a partner in the GTPP. From these initiatives, we hope to increase our purchases and installations of LANscape systems substantially over the next three years."
GTPP is a consortium formed in 1998 to further the transfer of medical expertise through telecommunications networks from any distance and providing healthcare where ever and whenever it is needed by the patient. GTPP partners include the Dalian Telemedicine Network and the Liaoning Golden Health Medical Network, part of China's National Golden Health Network. The National Golden Health Network is one of the world's largest communication networks used for telemedicine. The network connects approximately 350 hospitals across China through a state-of-the-art satellite and fiber-optic communications network. The National Golden Health Network has communication links with Massachusetts General Hospital, East Carolina University Telemedicine Center, European Institute of Telemedicine, Partners Telemedicine Group in Boston, European Institute of TeleSurgery in Strasbourg, Telemedicine in Toulouse, MediHelp in Australia, Harvard University, NASA and other locations. China's national telemedicine network has planned expansion in Hong Kong, Singapore, Indonesia, Taiwan, Malaysia, Thailand, Japan and Australia.
About telemedicine
Telemedicine, also referred to as distance medicine, is the use of electronic information and communications technology to provide and support health care when distance separates the participants. Videoconferencing and other applications allow live interactive consultations, complete with real- time access to the complex medical images so essential to diagnosis and treatment. The patient and medical team members may be as close as the office next door or as far away as another continent. Patients benefit by faster delivery of treatment, access to remote specialists, less travel and disruption, and improved monitoring.
About LANscape
LANscape is one of the most standards-based video communications products on the market today, offering fully scalable, TV-quality, full motion video communications in a single cost-effective solution for desktop PCs to large room systems. LANscape runs on standard Windows 95 and NT platforms, is compatible with PAL and NTSC video standards and provides reliable video communications across all existing standard LAN/WAN networks, including native ATM support. Offering seven multimedia products in one, LANscape provides point-to-point videoconferencing, multipoint videoconferencing, video broadcast, data collaboration, record and playback, video-on-demand and video e-mail / messaging.
About Intelect Communications
Intelect Communications, Inc. is a communications technology company providing innovative and cost-effective products, services and solutions to integrate voice, data, and video networks. Applications for the Intelect's products and services range from the network infrastructure to the desktop. Intelect's products are designed to anticipate and meet the demands for increasing speed, capacity, and complexity of electronic and photonic communications. Principal markets for Intelect's products are: fiber optic network transmission, digital signal processing (DSP), and video communications. Intelect also provides high-value engineering services to the communications industry. Intelect currently has under development an intelligent programmable telecommunications switching platform. Intelect's principal business units are Intelect Network Technologies Co. and DNA Enterprises, Inc. based in Richardson and Intelect Visual Communications Corp. of New York City. Further information about the Intelect family of multimedia products and services can be accessed at these World Wide Web locations:
Intelect Communications, Inc. www.intelectcom.com
Intelect Network Technologies www.intelectinc.com
Intelect Visual Communications www.videoconferencing.com
DNA Enterprises www.dnaent.com.
Except for the historical information contained herein, the statements in this announcement are forward looking statements which involve risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, the forward looking statements, especially (including) future sales estimates by customers who are customers or strategic partners. Factors that might cause such a difference include, but are not limited to, those relating to: general economic conditions in the markets in which the Company operates; success in the development and market acceptance of new and existing products (particularly SonetLynx(TM), FibreTrax(TM), LANscape(TM), and CS4(TM)); dependence on suppliers, third party manufacturers and channels of distribution; customer and product concentration; fluctuations in customer demand; maintaining access to external sources of capital; ability to execute management's margin improvement and cost control plans; overall management of the Company's expansion; and other risk factors detailed from time to time in the Company's filings with the Securities and Exchange Commission.
SOURCE Intelect Communications, Inc.
/CONTACT: Troy Ussery, 972-367-2214, or email, tussery@intelectinc.com, or Jacki Trevino, 972-367-2114, or email, jtrevino@intelectinc.com, both of Intelect Communications, Inc./
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