To: GARY P GROBBEL who wrote (265 ) 10/18/1999 1:59:00 PM From: sheetmillgalvanize Read Replies (1) | Respond to of 319
CTIG Spearheads Ethernet IP Lan/Wan Technology VALLEY FORGE, Pa.--(BUSINESS WIRE)--Oct. 18, 1999--CTI Group (Holdings) Inc. (OTC: CTIG) today announced that its UK subsidiary, CTI Data Solutions Limited, has been selected by Telecape of South Africa to market its Ethernet buffering technology to the UK market. CTI will offer the Ethernet buffers to its existing and new customers, and also to other providers of communication management systems who will require this latest technology in order to offer competitive multi-site applications. Telecape's Ethernet buffers already form an essential part of CTI's multi-site call management solution, which revolutionizes the way telephone calls at remote sites are monitored. The buffers have been specifically designed to collect PBX call record data at each location, and then download it to the CTI main system server via the Ethernet LAN or WAN for analysis. "Ethernet Buffers provide real-time logging, which means that remote site traffic is continuously visible within our communication management software, to immediately detect fraudulent calls, emergency calls or switch malfunctioning etc." explained Tony Johns, CTI's Chairman and Chief Executive. "Ethernet Buffers are also significantly less expensive than buying separate logging PC's for each site, and they are easier and more cost-effective to support and upgrade. This partnership not only endorses the potential of our new multi-site solution, but also provides an additional revenue stream to CTI by empowering us to exclusively offer the Ethernet buffers to our competitors." Mark Torrington, a Director of Telecape S.A. explains, "We have been working with CTI for several months and are pleased to be providing an integral part of their solution. CTI have proven their strength in the UK and the attractiveness of their latest solution. As a result we feel confident that they will quickly increase our presence in the UK by helping us to penetrate the telecommunications market with our pioneering technology." This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to documents filed by CTIG with the U.S. Securities and Exchange Commission, specifically the most recent Form 10-KSB. -------------------------------------------------------------------------------- Contact: CTI Group (Holdings) Inc., Valley Forge Anthony P. Johns, Chairman & CEO, 610/666-1700 Fax: 610-666-7707 Tjohns@ctigroup.com