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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (20856)9/5/2000 2:58:10 PM
From: RCJIII  Read Replies (1) | Respond to of 29382
 
Great news out for my contest pick ICOM-

(COMTEX) B: Intelect Wins Over $1 Million Order for Optical Networkin
B: Intelect Wins Over $1 Million Order for Optical Networking Equipment
Intelect's Optical Access Products to Be Deployed for Broadband Data Services
At Major International Airport

RICHARDSON, Texas, Sep 5, 2000 /PRNewswire via COMTEX/ -- Intelect
Communications, Inc. (Nasdaq: ICOM), a leader in intelligent optical networking
solutions, today announced that its wholly owned subsidiary, Intelect Network
Technologies, has received a contract valued in excess of $1 million from
Telsource Corporation to supply Intelect's OmniLYNX products for the
Metropolitan Airports Commission network project at the Minneapolis/St. Paul
Airport. OmniLYNX networking equipment will be installed to provide an OC-12
optical networking backbone for broadband services.

The Minneapolis/St. Paul Airport project will incorporate 20 nodes of Intelect's
OL-600 with V.24/RS232, V.11/RS-422, RS-449, T1, voice, Ethernet and video
modules in addition to Intelect's Network Management System, OmniMANAGER. The
OL-600 will allow the airport to carry an optimal number of media protocols
connecting multiple terminals and facilities. This optical network will
incorporate multiple LANs, information postings on arrival/departure monitors,
phones, public address, security and emergency service functions, and video
surveillance and control systems.

"Intelect's equipment provides the bandwidth and level of service required to
exceed our customer's customer or end-user expectations for voice, video and
data broadband bundled services in one package," says Bill Barnett, president of
Intelect Network Technologies. "By offering a wide variety of protocols in a
single platform, OmniLYNX is ideal for both public and private networks. In this
case, for the Minneapolis/St. Paul International Airport the OL-600 platform
will provide the smallest footprint with the largest number of services for
expanding converged networks."

"Based on our successful working relationship with Intelect on the Ohio Turnpike
project, we are confident Intelect provides the converged network solution
needed for the Minneapolis/St. Paul airport," says Richard Ackerman, vice
president of new business development for Telsource. "Intelect's OL-600 will be
an integral part of our overall solution, which will run in large part over the
airport's existing single-mode fiber infrastructure."

OmniLYNX allows for guaranteed quality of service (QOS) on critical voice
traffic and provides flexibility in bandwidth allocation permitting IP-based
permanent virtual circuits (PVC) to easily be implemented without interfering
with that traffic. With an installed customer base of more than 4000 nodes
deployed for customers networks worldwide, Intelect's OmniLYNX product family
supports a wide array of data interfaces, allowing diverse types of systems to
be easily integrated into one network. This revolutionary access platform is
designed to allow virtually any type of voice, data or video service to be
delivered from one piece of equipment. Enhanced by support for voice and video
communications in the same network, OmniLYNX products provide a single, more
manageable system for traffic flow information control.

The advantage OmniLYNX provides for Telsource includes a single network
management system (NMS) that is flexible and easily handled with no external
system equipment requirements. It also allows Telsource to offer a superior
solution to the traditional network platforms and remain responsive to its
customers' present and future needs efficiently and economically.

About Intelect Communications

Based in Richardson, Texas, Intelect Communications is a leader in intelligent
optical networks with the industry's only multi-protocol fiber- optic access
solution that has built-in flexibility and sets the standard in simplifying
network operation. Delivering products today that others promise in the future,
Intelect's products allow for a broad array of services and bandwidth
efficiency, providing carriers with a competitive time-to-market advantage. With
network management software supporting both TL-1 and SNMP, and a NEBS-compliant
platform, the company's OmniLYNX product suite offers an unprecedented range of
protocols and services in a single shelf for both private and public networks.
The OmniLYNX architecture is designed to support SONET OC-1/OC-3/OC-12, SDH
STM-1/STM-4, xDSL, ISDN-BRI, ATM transport, IP-over-Sonet, DS1 and DS3. Services
offered at the customer-premise include FXS/FXO/2W & 4W E&M, low speed data
(RS-232, RS-422, RS-449, V.35), Ethernet 10/100M and Video. Further information
about Intelect Communications can be accessed at intelect.com.

Except for the historical information contained herein, the statements in this
announcement are forward looking statements which involve risks and
uncertainties that could cause actual results to differ materially from those
expressed in, or implied by, the forward looking statements. Factors that might
cause such a difference include, but are not limited to, those relating to:
general economic conditions in the markets in which the Company operates;
success in the development and market acceptance of new and existing products;
dependence on suppliers, third party manufacturers and channels of distribution;
customer and product concentration; fluctuations in customer demand; maintaining
access to external sources of capital; ability to execute management's margin
improvement and cost control plans; overall management of the Company's
expansion; and other risk factors detailed from time to time in the Company's
filings with the Securities and Exchange Commission.

About Telsource

Telsource Corporation is the nation's leading Independent Service Provider of
voice and data communication field services with a reputation for high quality
service. Telsource Corporation's primary mission since 1983 has been to provide
the installation, coordination, maintenance and monitoring of a broad range of
complex digital and analog network equipment. Telsource's knowledgeable,
dedicated professional employees provide customers with state- of-the-art
solutions for access to public and private networks.

During the past 15 years, new markets have emerged in the telecommunications
industry bringing about countless changes and offering responsive carriers
unmatched opportunities for growth. Since its inception, Telsource, as an
independent service organization, has provided nationwide installation and
maintenance services to the Interexchange Carriers, Regional Bell Operating
Companies and CLEC's, as well as Competitive Access Providers/Alternate Access
Vendors competing for new markets. Fast response, innovative solutions and the
ability to integrate new technologies quickly elevated Telsource to national
prominence as a reliable, quality-driven resource. The ability to bring complete
nationwide customized turnkey solutions, including provisioning, installation
and maintenance for analog and digital, voice and data customer premise
equipment, has been Telsource's strength and the backbone of its service
offerings.

Telsource's services are designed to support multi-location enterprise projects
that require technical support services for a broad array of access solutions
and customer premise equipment all across North America. These services include,
but are not limited to, staging and configuration, on-site response for
installation and restoration, field upgrade and site planning services, and
spare parts management and deployment.


Contact:
Media Relations:
Shanon Rust, Director of Marketing Tina Young
Intelect Network Technologies TechCom Partners
972-367-2119 972-661-0331
srust@intelectinc.com tyoung@techcompartners.com

Investor Relations:
Troy Ussery
Intelect Communications, IR
214-455-ICOM (4266)
tussery@intelectinc.com

SOURCE Intelect Communications, Inc.


CONTACT: media relations, Shanon Rust, Director of Marketing of Intele
t
Network Technologies, Inc., 972-367-2119, or srust@intelectin
.com; or Tina
Young of TechCom Partners, 972-661-0331, or tyoung@techcompar
ners.com, for
Intelect Communications, Inc.; or investor relations, Troy Us
ery of Intelect
Communications, Inc., 214-455-ICOM, or 214-455-4266, or
tussery@intelectinc.com

URL: intelectcom.com
prnewswire.com

(C) 2000 PR Newswire. All rights reserved.