Subj: ChatCom books additional orders with major facilities-based carrier companies Date: 97-03-12 11:23:45 EST From: AOLNewsProfiles@aol.net
CHATSWORTH, Calif.--(BUSINESS WIRE)--March 12, 1997--
ChatCom products provide internet platforms for carrier's customers worldwide ChatCom Inc., (NASDAQ: CHAT) a leading manufacturer of highly-managed, consolidated server systems, today booked an additional order from another large US facilities-based carrier company. ChatCom products will be used to provide internet services to the carrier's commercial and residential clients. This recent order is among a growing number of orders received by ChatCom from some of the world's largest telephone companies. ChatCom's orders from these telephone and carrier corporations are covered by nondisclosure agreements, limiting ChatCom's ability to provide further specifics. Over the last twelve months, ChatCom has received initial orders from several of the largest US carriers as well as several facilities-based carriers outside the US. Cumulatively, these carrier companies have purchased over US$2Million of ChatCom products. Most of these companies plan to utilize ChatCom's products as part of the internet service infrastructure for their customers. Other companies are using ChatCom products for testing and remote communications services. "The demand for facilities-based carrier companies to provide internet services is exploding," said Jim Mariner, President and CEO of ChatCom. "In a time when providing efficient internet service to customers is crucial to the telecommunications industry, it is gratifying that we are being chosen by an increasing number of these companies to supply their internet infrastructure. We anticipate that the demand from this important customer segment will contribute significantly to the company's revenues during the coming year." ChatCom's ChatterBox(TM) Consolidated Server products can contain over 20 fully functional, completely independent Pentium(R)-class servers in a single highly managed enclosure. In February 1997, ChatCom received the highly acclaimed "Best of Times" award from LAN Times Magazine for the design of its flagship product, the ChatterBox. Each ChatCom Server Module uses standard, modular off-the-shelf computer technology in a front-loading, rack-mounted card cage. The benefits of this architecture are numerous, from minimized space requirements to significant reductions of computer system administration and operating costs. As a result, ChatCom's architecture offers unprecedented levels of standards-based scaleability and adaptability to meet future demands or changes in technology. Founded in 1982, ChatCom Inc. is a leading supplier of award-winning, consolidated application servers and communication servers to Fortune 1000 companies worldwide. Located in Chatsworth, CA, ChatCom Inc. is publicly held and traded on NASDAQ under the symbol CHAT. ChatCom can be reached at 800-456-1333 or on the web at jlchatcom.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Except for the historical information contained herein, the matters discussed in the Press Release are forward-looking statements, which involve risks and uncertainties, including but not limited to cancellation of orders, price pressure and economic, competitive, governmental, and technological factors affecting the revenues, operations, markets, products, prices and other factors discussed in the company's various filings with the Securities and Exchange Commission. CONTACT: John Lillywhite ChatCom Inc. 800-456-1333 email: jlillywhite@jlchatcom.com |