OTCBB FTEL
For Immediate Release
January 24,1997
FRANKLIN INKS DEAL WITH WEBTV
Westlake Village, CA.> Franklin Telecom announced today that FNet, its Internet
Division, has signed an agreement with WebTV Networks Inc. to offer Internet access
using FNet's Internet Service Provider capabilities. FNet will also be able to offer a
unique package of hardware and communications capabilities to WebTV Networks and
its Internet Service Providers.
According Franklin's President & CEO, Frank Peters, "We have been working with
WebTV for the last 30 days defining the agreement and testing the technology. This
agreement with WebTV is unique in that it is totally pointed toward developing new
markets rather than competing for market share."
WebTV Networks is the developer of the WebTV Reference Design and WebTV
Network's online service that delivers the Internet through television. WebTV Internet
Terminal units are currently available through WebTV's licensees, Sony Electronics Inc.
and Philips Consumer Electronics Company, at consumer electronics stores
nationwide.
Franklin Telecom, founded in 1981, designs and manufactures communications
devices, high speed LAN & WAN access cards and software. Franklin has an installed
base of over 100,000 nodes world wide. For additional information contact Helen West
at Franklin headquarters (1-800-FRANKLN).
More information can be obtained by contacting Helen West, Shareholder Relations, at 805-373-8688.
Franklin Telecom, founded in 1981, designs and manufactures communications devices and software.
Franklin has an installed base of over 100,000 nodes. Franklin is traded on the Over The Counter Market
as "FTEL". |
