PERI.COM IS NOW ON DECK.........
Periphonics Receives $2.1 Million Order From Internet-based Travel Services Company
BOHEMIA, N.Y--(BUSINESS WIRE)--Feb. 8, 1999--Periphonics Corporation (NASDAQ: PERI), a leading worldwide provider of products and services for call processing solutions used in Computer Telephony Integration and Telecom Enhanced Network Services, today announced that it has received an order valued at approximately $2.1 million from an Internet-based travel services company providing discount airfares, reservations and other travel related services. Periphonics will provide several advanced interactive applications including Large Vocabulary Recognition (LVR).
The Periphonics systems will be deployed in four communications centers in the Western U.S. where they will help the travel-services company handle tens of thousands of calls per day. Using the Periphonics systems, the company's customers will be able to speak a destination name and departure location and receive detailed fare information. Based on the terms of the order, Periphonics expects to ship the systems and recognize the majority of the revenue during its current fiscal third quarter.
Louis Marianacci, Periphonics Sr. V.P. Sales and Marketing, said, "This order further extends our worldwide leadership in the deployment of Advanced Speech Processing applications, such as Large Vocabulary Recognition. It also represents further penetration for our products and services in the fast growing Internet "E-commerce" market. More and more, companies that are setting up shop on the World Wide Web are realizing that Periphonics advanced automated call processing applications can significantly enhance their overall productivity and improve customer service."
Periphonics Corporation develops, markets and supports products and professional services for Computer Telephony Integration (CTI) and for Telecom Enhanced Network Services using technologies such as interactive voice response (IVR), speech input, messaging, fax, and web browsers. The Company's products and services automate call transaction processing, increase call-center agent productivity, and often create new revenue streams for its customers. Headquartered in Bohemia, New York (Long Island), Periphonics has systems installed in more than 50 countries.
CONTACT:
Joseph D. Pititto
Sr. Director Investor Relations
(516) 468-9212
invest@peri.com
KEYWORD: NEW YORK
BW1698 FEB 08,1999
12:17 PACIFIC
15:17 EASTERN
|
