OTCBB FTEL
For Immediate Release
March 5, 1996
Franklin Sells First Internet Business Partnership
Westlake Village, CA: Franklin Telecom announced today it has sold its first FNet
Business Partnering System to Malibu Internet located in Malibu, CA.
Frank W. Peters, Franklin's President & CEO said, "This is the first $25,000 sale of our
entry level turnkey Business Partnership which makes the partner an Internet Service
Provider. This program gives the partner a Point of Presence: a local, toll free dialing
area for new customers. This level of Partnership is designed to handle up to 300
customers, generating an average monthly income of $6,000. Attractive leasing options
are also available. Sale of these partnerships is part of Franklin's ongoing plan to
increase our customer base quickly."
Sean Quine, Malibu Internet's President said, "We're excited about joining Franklin
because their focus is on expansion and quality service to businesses. Their Internet
backbone has the capacity for extremely fast access. We think selling Franklin's
services -- in particular, the Automated Web Page conversion -- will generate new
advertising business. This Franklin program allows a company with a data base of
products or a list of services to add products to the data base and AUTOMATICALLY
add them to their Web page without requiring a web page designer or programmer. This
gives our customers and important 'control over their destiny' and their Web page."
For more information, contact Frank Peters, or Rebecca Scully, Shareholder Relations
at 805/373-8688, 800/FRANKLN, 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 had been in business since 1981 and designs and
manufactures communications devices, high speed LAN & WAN access systems.
Franklin had an installed base of over 100,000 nodes. Franklin is traded Over The
Counter Market as "FTEL". |
