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


To: Scrapps who wrote (1612)6/14/1999 12:36:00 PM
From: John F Beule  Respond to of 1682
 
To: PERI PR: Thanks for the PERIWEB release! Thanks for understanding it's all about momentum!



To: Scrapps who wrote (1612)6/23/1999 11:12:00 AM
From: Mel Spivak  Read Replies (2) | Respond to of 1682
 
Another nice $1.2M order: PERI past 14.5!
Periphonics Receives $1.2 Million
Order From a Major North American
Brokerage and Banking Firm

Systems Will Increase Capacity for Large
Vocabulary Recognition -LVR- Applications

BOHEMIA, N.Y.--(BUSINESS WIRE)--June 23, 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, today
announced that it has received an order for approximately $1.2 million for its VPS/is Platform
systems from a leading North American financial services firm.

The systems will be deployed in several North American cities to expand existing capacity for the
firm's large vocabulary recognition (LVR) applications used by its brokerage customers.

Based on the terms of the orders, Periphonics expects to recognize the majority of the revenues
during its current fiscal first quarter.

Peter Cohen, Periphonics Chairman and CEO, said, ''As we stated in our release of preliminary
results earlier this month, we entered our fiscal first quarter with excellent visibility regarding revenues
in the current quarter and significantly improved visibility for the second quarter as well. This is a
result of a significantly increased backlog and a strong pipeline of business opportunities. We
continue to see a healthy rate of order bookings and our outlook for revenue and earnings growth for
fiscal 2000 is very positive.''

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 with large vocabulary recognition, natural
language processing and text-to-speech, as well as interactive processing via Web browsers,
messaging, and fax. Periphonics also provides comprehensive professional services including project
management, software application development, call center integration and script and grammar
development. The Company's products and professional services help its customers enhance their
customer service offerings, increase caller satisfaction, reduce operating costs and often create new
revenue opportunities by automating call and transaction processing. 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 peri.com.