OTCBB FTEL For Immediate Release April 19, 1996
FRANKLIN ANNOUNCES LOS ANGELES INTERNET TERRITORIES AND BOOKS FIRST SALE
Westlake Village, CA.> Franklin Telecom announced today that FNet, its Internet Division, has sold an exclusive territory consisting of 50 telephone exchanges covering the West San Fernando Valley, Canoga Park and Woodland Hills areas of Los Angeles.
According to Frank Peters, President and CEO of Franklin, "This can be likened to the opening salvo in the new "electronic land boom" of the '90's. The demand for entry into the regional Internet market is intensifying on an almost day to day basis. The Internet Point of Presence (POP) opportunities we are providing offer unparalleled earning potential for the entrepreneur."
Joe Biniskiewicz, FNET's Director of Sales said "This is a good example of our Medium Business Opportunity. Smaller territories, comprising approximately 25 telco exchanges are also available while our premium territories include up to 100 exchanges. FNet handles all installations, Internet connections and service leaving the Business Partner free to sell and service the customer. This is one of those rare 'window of opportunity' moments, offering the chance to be in the forefront of the incredible transition into the Internet Age in one of the world's most exciting marketplaces."
The price of these 'Turn Key POP's start at $25,000 for a 300 customer small POP to $45,000 for a 1,200 customer medium POP.
Peters went on to say, "Franklin's Channel Bank & Router manufacturing capability coupled with the strategic alliances we have been forging give us a cutting edge in providing exceptional quality service and operation at a highly competitive cost to our POP business partners."
More information can be obtained by contacting Frank Peters or Shareholder Relations at 805-373-8688, 800-372-6556, by fax at 805-373-7373, Internet: hq@ftel.com, or on the WEB ftel.com or by writing to Franklin at 733 Lakefield Road, Westlake Village, CA. 91361.
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. Franklin is traded Over The Counter Market as "FTEL". |