To: Serge Collins who wrote (213 ) 12/11/1997 5:40:00 AM From: Herb Duncan Read Replies (1) | Respond to of 276
Dont know if this is a repeat, if it is my apologies FOR: ACCUGRAPH CORPORATION TSE SYMBOL: ACU.A NASDAQ SYMBOL: ACCUF DECEMBER 10, 1997 Accugraph Now Installed in More Than 10 Wireless Providers RICHARDSON, TEXAS-- Leading Network Inventory and Provisioning Products Selected by U.S. Service Providers Accugraph Corporation today announced that two new companies have placed orders for the Accugraph Network Inventory and Provisioning products. The companies, Advanced Radio Telecommunications Corporation (ART) and Nortel-Northern Telecom (Technology), Richardson, Texas, play a key role in the emerging wireless local loop market (WLL). With the addition of these new customers, Accugraph continues to gain penetration in the wireless sector of the North American telecommunications market. Accugraph, a leader in the Network Inventory and Provisioning field, has focused efforts on the wireless companies during the past year and has been successful in securing business with over ten companies in this market. Accugraph's Network Inventory and Provisioning products assist telecommunications service providers in managing capital expenditures more effectively by providing accurate information about equipment, facilities, and circuit capacity. The products feature capabilities for network engineering, management, design, operations and systems development. "Within an OSS framework, Accugraph's products have proven that they are capable of satisfying three of the major process areas within service provisioning. With integrated configuration management, inventory management and provisioning/assignment capabilities, the products significantly enhance a carrier's ability to compete," says Paul Damp, Chairman and CEO. "From both a cost control and network performance standpoint, customers are seeing great value. Many companies cite the reduction of information silos and duplication of effort as key improvements obtained with the Accugraph solution." The ability to perform circuit design and assignment enables Accugraph's customers to have a common platform from which to carry out network infrastructure provisioning, capacity management and circuit engineering functions. Additionally, not only does the product allow these providers to track circuit information, but also tracks the logical capacity supported by their facilities. Accugraph's latest wireless customers represent an array of technology including CDMA, GSM, and point-to-point microwave technology. Nortel had 1996 revenues of US $12.8 billion and has approximately 70,000 employees worldwide. Nortel works with customers in more than 150 countries to design, build and integrate their communications products and advanced digital networks. Customers include public and private institutions; Internet service providers; local, long-distance, cellular mobile and PCS communications companies; cable television companies; and utilities. Nortel's research capabilities around the world include a network of research and development facilities, affiliated joint ventures, and other collaborations fostering innovative product development and advanced design research in 16 countries. ART is headquartered in Bellevue, Washington and provides rapidly deployable, highly reliable, wireless broadband communications services which extend the reach of fiber optic and other communications networks. ART addresses the growing demand for high-capacity, high-speed digital communication services, offering broadband transmission in increments of DS-1 and DS-3 for advanced voice, data, video and Internet access requirements. One DS-1 is equivalent to 24 voice grade, circuits transmitting 64 kilobits per second (Kbps). Accugraph Corporation is a leader in Network Inventory and Provisioning products and services. With new corporate offices in Richardson, Texas and Toronto, Canada; as well as established offices in El Paso, Texas and Huntsville, Alabama; Accugraph is a global supplier to the telecommunications and enterprise markets. Accugraph is publicly traded on the NASDAQ national market (ACCUF) and the Toronto Stock Exchange (ACU.A). Further information is available through Accugraph's web site at: accugraph.com . This news release may contain forward-looking statements relating to the future performance of Accugraph Corporation. The forward-looking information is within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. These forward-looking statements are subject to certain risks and uncertainties, and actual results may differ materially. Certain of these risks and uncertainties are described in the company's filings with the Securities and Exchange Commission including the company's annual report on Form 10-K for the year ending December 31, 1996 and subsequent Forms 10-Q.