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To: lindao who wrote (85686)	6/1/2001 9:28:06 AM
From: Jim Bishop	Read Replies (2) \| Respond to of 150070

TLNT Telenetics Reports Significant Increase In Sales of Its Sunrise Products LAKE FOREST, Calif., Jun 1, 2001 (BUSINESS WIRE) -- Telenetics Corp. (Nasdaq:TLNT) today reported that sales of its Sunrise Series Product Line ("Sunrise Products"), have increased significantly during the first two months of the second quarter of fiscal 2001. Total sales for the months of April and May were approximately $1.5 million and $2 million, respectively. The increase in revenue is primarily due to the increase in manufacturing throughput of Sunrise Products. These data transmission products were recently licensed from Motorola Inc.'s (NYSE:MOT) Multiservice Networks Division. Announcing this significant development, Shala Shashani, Telenetics' chairman and CEO stated: "We are very pleased to inform our shareholders and investors that through the dedication and efforts of our management and employees and commitment of our contract manufacturer, we have overcome major initial obstacles in the production and shipment of our Sunrise Products. "With approximately $3.5 million in sales for the first two months of this quarter, the continued increase in overall shipments of the Sunrise Products and the steps that our management has taken to reduce costs and increase margins, we believe that our second quarter results will show a significant improvement over the first quarter. "We believe that we will continue to move towards accomplishing our stated goal of becoming profitable." Based in Lake Forest, Telenetics(R) is a leader in the design, production and distribution of wired and wireless data transmission and network access products and customer-specific communications products for customers worldwide. Telenetics offers a wide range of industrial grade modems and wireless products, systems and services for connecting its customers to end-point devices such as meters, remote terminal units, traffic and industrial controllers and remote sensors. Telenetics also provides high-speed communications products for complex data networks used by financial institutions, air traffic control systems and public and private wireless network operators. The company is developing an advanced wireless data network enabling a wide range of customers to reliably and economically communicate through the Internet with their remote devices. Additional information may be obtained at www.telenetics.com. Forward-Looking Statement Disclosure: Certain of the statements contained in this news release are "forward-looking statements" that involve risks and uncertainties. Actual future results could differ materially from these statements. Factors that could cause or contribute to such differences include but are not limited to the inability of the company to effectively integrate its new lines business under its license with Motorola with the company's current and historical operations which, in turn, could result in revenues less than expected by management, the ability of the company to adequately finance its increased production requirements and those factors discussed in the company's Form 10-KSB for the year ended Dec. 31, 2000 and Form 10-QSB for the quarter ending March 30, 2001. CONTACT: Alliance Corporate Services John Kuehne, 866/380-2274 URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2001 Business Wire. All rights reserved. -0- KEYWORD: CALIFORNIA INDUSTRY KEYWORD: HARDWARE INTERNET NETWORKING TELECOMMUNICATIONS PRODUCT * end of story *