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. |