To: scope who wrote (382 ) 12/5/1997 8:24:00 AM From: gary althoff Read Replies (1) | Respond to of 802
Where did this comparison come from? Never heard of LHSG but when I went out and looked at the profile it seem that they are a software compnay. FSCX is a hardware company. If anything, I would guess that LHSG would use FSCX equipment to provide their remote access. Gary For reference - From SI profiles: LHSG: Company Description - From S-1 (May 1997) LHS Group Inc. is a leading provider of client/server-based billing and customer care solutions to providers of wireless and wireline telecommunications services ("carriers") in the Americas, Europe and Asia. The Company's products enable carriers to compete more effectively in a rapidly growing telecommunications market. The Company's Business Support and Control System ("BSCS") software is a scaleable, modular billing and customer care solution that can be installed quickly and can support innovative marketing and pricing of telecommunications services. BSCS has been licensed to approximately 70 carriers in over 25 countries and supports approximately 3.5 million subscribers. Competition - From S-1 (May 1997) The market for telecommunications billing and customer care systems is highly competitive, and the Company expects this competition to increase. The Company competes with independent providers of billing systems and services, such as Alltel, AMS and CBIS in the Americas and Kingston-SCL and SEMA Group internationally, with systems integrators and with internal billing departments of larger telecommunications carriers. The Company anticipates continued growth and competition in the telecommunications industry and the entrance of new competitors into the billing and customer care systems market in the future. FSCX: Company Description - From 10-K (July 1997) "FastComm Communications Corporation (the "Company" or "FastComm"), a Virginia corporation, designs, manufactures, and sells telecommunications access devices that allow computer, terminal and telephone users to connect to public and private wide area (long distance) transmission networks, as provided by common carriers of voice, data and Internet services. Its products include a range of devices aimed at packetized services as well as digital leased-lines, Switched 56 networks, Integrated Services Digital Network (ISDN) and Internet protocol ("IP") router networks (both private and public, i.e., the "Internet")." "The Company's strategy is to produce the highest value-add network access devices--that are the easiest to install, use, and maintain--for several market segments: Legacy-to-LAN transition, Internet/Intranet access, and Voice/Fax and Data integration. The Company targets business customers primarily, and designs its products for volume sales through distribution. The Company's strategy makes its products appealing to network product and service dealers, systems integrators, telephone carriers, PTT's, original equipment manufacturers ("OEM's") and other resellers who form the main distribution channels for the Company, and who provide installation and maintenance services in the United States and internationally."