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Technology Stocks : Xinex Networks -- Ignore unavailable to you. Want to Upgrade?


To: Dave V who wrote (241)12/10/1997 9:04:00 PM
From: Mike Jafari  Read Replies (1) | Respond to of 693
 
Wednesday December 10, 5:02 pm Eastern Time

Company Press Release

Xinex: Commworld to Distribute Vortex

VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 10, 1997-- Xinex (Alberta Stock Exchange: XNX - news) -- Xinex Networks Inc. announced
today that Commword locate in Chattanooga, Tennessee, has become a distributor of the company's Vortex(TM) system.

Commworld is a franchise of Communications World International, Inc.,
headquartered in Englewood, Colorado (NASDAQ: ''CWII''). communications World International is the largest publicly held franchisor of interconnect telephone companies in the United States and is the 10th largest of all interconnects with over 100,000 business customers worldwide. Commword services over 1,000 business customers in the Southern United States.

''Vortex is an excellent product choice for Commworld whose success is
attributed to their strong commitment to quality products. Vortex offers their customers base an all inclusive turnkey communication solution,'' says Jean Davenport, Vice President of Sales and Marketing of Xinex Networks Inc.

The Vortex multimedia communications system is an innovative replacement product for a sophisticated telephone system (PBX) and computer network (LAN). Using technology that allows voice, video and data communication to be transmitted over the same wire, Vortex provides an integrated telephone and computer system that has built-in telephone, voice mail, and videoconferencing capability. Vortex also functions seamlessly with Windows NT server to provide high speed data networking. With Vortex, users can make and receive calls from Windows(R) call manager applications, and control telephone operations like hold, conference and transfer from their PC.

Xinex Networks Inc. is an emerging provider of advanced communications
solutions for the global workplace. Xinex develops and delivers innovative, cost-effective technologies and products such as integrated voice, data, and video communication networks. Xinex employs 95 people in development, production, and sales in its offices in British Columbia, California, and New Jersey. Xinex can be reached by visiting

xinex.com on the World Wide Web, e-mailing
webmaster@xinex.com, or calling (604) 526-1585.