Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : CANADA PAYPHONE - CPY(vse) -- Ignore unavailable to you. Want to Upgrade?

To: Salt'n'Peppa who wrote (165)	8/8/2000 1:17:52 PM
From: John E.Quinn	Read Replies (1) \| Respond to of 171

JITEC INC - CANADA PAYPHONE CORP - Jitec Signed a 105 M$ Transaction with Canada Payphone Corporation [203] Canadian Market News from Market News Publishing, Tuesday, August 08, 2000 at 11:03 Jitec inc. and Canada Payphone Corp. (CPC) of Burnaby B.C, partly owned by AT&T Canada, concluded an agreement for the implementation of 45,000 terminals of Jitec's Business Computing Advantage(TM) service, which will be deployed in major Canadian hotels as part of CPC's Hospitality Services agreements. Further details of the 105 M$ transaction over a two year period will be disclosed in the following weeks. "The transaction has the advantage of positioning Jitec on a very promising vertical market. Also with this transaction, Jitec will develop a strong business relationship with the CPC/AT&T Canada strategic alliance which is in perfect harmony with our development strategy", says Benoit Laliberte, President and CEO of Jitec. "Adding terminals of Jitec Business Computing Advantage(TM) service is a natural complementarity to what our network currently offers", says Bruce Clark, President and CEO of Canada Payphone Corporation. Traded on the CDNX under the symbol "CPY" Canada Payphone is Canada's leading national competitive payphone service provider. The Company provides services from Victoria to Halifax installing state-of-the-art AT&T Canada branded payphones, Grapevine TM Network Terminals and Interactive Internet Kiosks. Jitec is a leader in the server-based computing information technology (Thin-Client environment), an area that many giants in the industry consider to be the next generation of computer systems. Among other things, Jitec designs, develops and manufactures intelligent terminals and central communication units sold under the WinBit(TM) (Windows Base Intelligent Terminal) brand name. These WinBit(TM) workstations and central communication units are used in Jitec's new Business Computing Advantage(TM) service. This revolutionary, leading-edge service allows small- and medium-sized businesses to use WinBit(TM) intelligent terminals to access all the latest-generation computer software and applications that operate in the Microsoft Windows NT/2000 environment. Business Computing Advantage(TM) subscribers use the WinBit(TM) terminals instead of conventional personal computers. These terminals are connected to powerful servers at Jitec's operation centre. Jitec inc. (ME: JIT) is a public company traded on the Montreal Stock Exchange. TEL: (514) 761-1104 Joseph Cote, Communications Director, Jitec inc. E-mail: jcote@jitec.com TEL: (514) 761-1104 Benoit Laliberte, President & CEO, Jitec inc. E-mail: blaliberte@jitec.com Internet: www.jitec.com TEL: (604) 257-3350 Paul Dumas, CFO Canada Payphone Corporation Internet: www.canadapayphone.com (c) Market News Publishing Inc. Tel:(604) 689-1101 All rights reserved. Fax:(604) 689-1106 MarketbyFax(tm) - To get the NEWS as it happens, call (604) 689-3041.