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Technology Stocks : PERI (Periphonics) -- Ignore unavailable to you. Want to Upgrade?

To: Mel Spivak who wrote (1601)	6/7/1999 12:06:00 PM
From: Scrapps	Respond to of 1682

12's?? Let's just move through the teens and get to the 20's. <gg>

To: Mel Spivak who wrote (1601)	6/7/1999 12:07:00 PM
From: Mel Spivak	Respond to of 1682

From Russia w $$: Periphonics Receives First Order From Russia BOHEMIA, N.Y.--(BUSINESS WIRE)--June 7, 1999--Periphonics Corporation (NASDAQ:PERI - news), a leading worldwide provider of products and services for call processing solutions used in Computer Telephony Integration and Telecom Enhanced Network Services, has received its first order from Russia. The order is the first to be placed through Compass Plus, a Russian distributor that Periphonics signed with recently. The order, for an analog development tower system, will include a speech recognition application in the Russian language. ''Receiving an order from that part of the world is testimony to Periphonics' ever expanding global presence,'' remarked Martin Bartholomew, Periphonics' managing director for Europe, Middle East and Africa. ''It is the beginning of what we believe will be a productive business relationship, and adds yet another country to the list of over fifty countries in which Periphonics equipment is installed. We are also pleased to have this opportunity to expand our speech recognition development work to include Russian.'' ''Shortly after Periphonics and Compass Plus signed their distributor agreement, the Russian economy suffered a severe economic crash,'' continued Bartholomew. ''Compass Plus had already sent employees to the UK for training on Periphonics equipment. Moving forward with the purchase of the development system so that application development can commence is an indication of the improvement in the Russian economy, which we expect will be a factor in strengthening our sales position in that country.'' Periphonics Corporation is a global leader in the development, marketing and support of products and professional services for Computer Telephony Integration (CTI) and Telecom Enhanced Network Services. The Company's products and services utilize such technologies as Interactive Voice Response (IVR), advanced speech processing (such as Large Vocabulary Recognition (LVR)), Web browser interactive processing, messaging, and fax. Periphonics also provides comprehensive professional services including software application development, call center integration, project management, desktop application development, system maintenance and training. The Company's products and professional services help its customers enhance their customer care offerings, reduce operating costs and often create new revenue opportunities by automating call and transaction processing and increasing call-center agent productivity. Periphonics is an ISO 9001/TickIT registered company with systems installed in more than 50 countries. For further information, visit our site on the World Wide Web at www.peri.com. Contact: Periphonics, Bohemia Karen L. Ferraro Director of Marketing (516) 468-9276 karen.ferraro@peri.com or Anne M. Strauss Public Relations Coordinator (516) 468-9591 anne.strauss@peri.com