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Technology Stocks : Voice-on-the-net (VON), VoIP, Internet (IP) Telephony -- Ignore unavailable to you. Want to Upgrade?


To: Snowman who wrote (20)10/28/1997 12:10:00 PM
From: Caravan  Read Replies (2) | Respond to of 3178
 
Big news from Franklin Telecomm's(FTEL) internet subsidiary
FNET:

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Oct. 28, 1997--FNet Corp.
Tuesday announced its new telephone network service at a news conference in New York City.

FNet's service supports telephone-to-telephone service over a national
network, using voice-over-IP technology developed by FNet's parent
company, Franklin Telecom (OTC/BB:FTEL). The technology was demonstrated
at the news conference using Franklin's test network between New York;
Atlanta; Tampa, Fla.; and Westlake Village.

The Franklin Telecom Tempest Data/Voice Gateways are being deployed in
major cities around the country, and FNet's telephone service will be
available to most of the U.S. population with just a local call.

In addition, a large number of Franklin Telecom Tempest Data/Voice
Gateways are being deployed overseas to form a global telephone network.
The Franklin Telecom Tempest Data/Voice Gateways are interconnected by a
private intranet and the public Internet, thus providing very low-cost
telephone service around the world.

The FNet network is accessed through the FNet Calling Card, which is
available from FNet's offices in California. With the Calling Card
authorization number and a private PIN the user can connect and
''anchor'' to the network, making continual calls to any locality
serviced by the network without re-entering an authorization code and
PIN.

A significant feature of the FNet network is that the user can adjust
delivery volume and network delay from the telephone keypad while the
call is in progress. The delay adjustment is useful when the connection
is over the Internet and the network is congested, in which case the
delay can be increased dynamically to improve sound quality.

Frank Peters, FNet's chief executive officer, said: ''The FNet.Phone
network will provide low-cost Internet telephony to corporations,
telephone resellers and consumers. We are expanding the network rapidly
to support the many customers who are already demanding service, and we
have decided that service to customers who apply in the next few weeks
will be at no charge until January of 1998.''

Peter Thornton, vice president of sales, went on to say: ''The quality
of voice transmission over our network is the first thing our clients
notice. This is not PC-quality voice, but true toll- quality telephony.
We are pleased to have signed our first corporate client for service on
the network.''

Franklin is currently supporting several test clients that are utilizing
the test network to evaluate the quality of the service. Initial reports
are that the service significantly exceeds normal Internet telephony
standards and is comparable to ordinary toll calling.

When fully deployed, the FNet network will offer at least nine
additional services -- Fax Mail, Fax Broadcasting, Fax Store & Forward,
International Call Back, Find Me and Conference Calling -- which will
enhance the user's ability to transmit data and fax, as well as voice
over the Internet, all without incurring long-distance charges.

The primary business of Franklin Telecom, founded in 1981, is the design
and manufacturing of communications devices, high-speed LAN, WAN, telco
and satellite systems, and software. Franklin has an installed base of
more than 100,000 nodes worldwide. Franklin's Internet subsidiaries,
FNet and Internet Passport, provide services using FTEL products.

Note: For the latest information, visit Franklin Telecom's Web

site: ftel.com

CONTACT: Franklin Telecom, Westlake Village
Helen West, 805/373-8