021099 Press Release
Business Editors WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Feb. 10, 1999-- Franklin Telecom Wednesday announced that new orders exceeding $900,000 were booked for Tempest(R) DVG Systems.
While one order was from an established customer, another represents an initial order from a new mid-Atlantic area customer. Peter Buswell, Franklin's president said: "This new customer is in an area in which unique geographic conditions have mandated that all in-going and out-going calls have been toll calls, until now. By strategic deployment of Franklin's VoIP solutions, residents and businesses in this region can now anticipate a new era in communication possibilities.
"In addition to supplying the hardware, Franklin will once again handle installation and maintenance, making this another turn-key operation," said Buswell. In addition, Buswell went on to announce that this installation will hook onto the FNet network. The second order is from an existing customer that is continuing a scheduled expansion of an established VoIP network. Buswell continued, "At last, we are enjoying the positive tension of racing to meet new installation schedules along with fairly demanding expansion commitments which are already in place. This is the kind of logistical problem a COO loves to tackle."
The primary business of Franklin Telecom, founded in 1981, is the design and manufacturing of communications devices, high speed LAN, WAN, Telco and Satellite Systems and software. Franklin customers have installed more than 100,000 nodes worldwide. Franklin's Internet subsidiary FNet provides Voice over Internet Protocol global Telco services. Certain statements in this news release constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the company to be materially different from any future results, performance or achievements, expressed or implied by such forward-looking statements. For additional information about this announcement, visit the Officer's Message page at Franklin's Web Site: www.ftel.com; www.franklin.net -- for Internet Services and Access; www.fnet.net -- for Internet Telephony & Franklin's Next Generation Telephone Company. --30--AJE/la* WAM/la CONTACT: Franklin Telecommunications Corp., Westlake Village 805/373-8688 Helen West, Shareholder Relations Debra Kent, Media Relations |