To: Robert B. who wrote (9672 ) 12/28/1999 12:08:00 PM From: Spark Respond to of 19297
nice news.. Elcotel Announces First U.S. Deployment of New Grapevine(TM)/e-PRISM(TM) Network Terminals Initial Deployment in Venice, FL Airport To Be Followed By Additional Regional Bell & U.S. Interexchange Carrier Deployments in January SARASOTA, Fla., Dec. 28 /PRNewswire/ -- Elcotel, Inc. (Nasdaq: ECTL), a leading provider to the public communications market, today announced the first U.S. deployments of its revolutionary Grapevine(TM) network terminals supported by the e-Prism(TM) "back office" support system at the Venice Municipal Airport. Elcotel also announced additional U.S. deployments with a Regional Bell Operating Company and a major U.S. Interexchange carrier that will begin in January. The Company also will begin deploying the Grapevine(TM)/e-Prism(TM) network in Canada under its previously announced $125 million agreement with Canada Payphone Corporation. Grapevine(TM) combines traditional payphone capabilities with sponsor-paid advertising and content, e-commerce and personalized information services from the Internet in a public access setting. The Grapevine(TM) terminal network is powered by e-Prism(TM), Elcotel's comprehensive system for "back office" support and content management. This proprietary system manages the terminals and is designed to tailor advertising messages and future sponsor-paid content for each individual terminal. "Grapevine(TM)'s initial deployment in the United States marks a major milestone for Elcotel in its mission to transform both the nature and revenue potential of the public communications market," said Michael Boyle, President and Chief Executive Officer of Elcotel. "Grapevine(TM) and e-Prism(TM) add value for everyone. For on-the-go consumers, Grapevine(TM) delivers information, content-based services and Internet-driven features that enable people to use public communications in convenient but dramatic new ways. For public communications providers, the power of Grapevine(TM) and e-Prism(TM) creates opportunities for growing their business through greater usage and new opportunities for recurring revenue through advertising and sponsorship. And for businesses seeking to target specific consumer demographics, the Grapevine(TM) network creates a powerful and flexible new media that can deliver quantifiable results." Elcotel, Inc., based in Sarasota, Florida, is a leader in providing public access telecommunications networks and management services for both domestic and international wireline and wireless communication networks. Visit Elcotel's corporate website at www.elcotel.com. Statements contained in this release may contain forward-looking information regarding the Company's plans, projections, or future performance, which involve certain risks and uncertainties that could cause the Company's actual results to differ materially from those expected by the Company. These risks and uncertainties include the risk of adverse regulatory action affecting the Company and the Company's customers, risk of competition, risk of obsolescence of the Company's products, and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. SOURCE Elcotel, Inc. /CONTACT: Michael Boyle of Elcotel, Inc., 800-352-6835; or George Stolpe of GWS & Company, 941-925-0418, for Elcotel, Inc./ /Web site: elcotel.com (ECTL)