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

To: AuldDruid who wrote (551)	4/15/1998 1:16:00 PM
From: Dave V	Read Replies (1) \| Respond to of 693

News Release New Vortex dealers Xinex Networks Inc XNX Shares issued 30,461,357 Apr 14 close $0.19 Wed 15 Apr 98 News Release Mr Roy Leahy reports The CT Expo in Los Angeles has added three new dealers to carry the company's Vortex multimedia system. Under the terms of the agreements, ADCOM/BHS, Valley Communications and Medical Computer Systems will be dealers for Xinex's Vortex system. Vortex is an innovative multimedia office communications system that integrates the functions of sophisticated telephony systems (PBXs) and Local Area Networks (LANs) while delivering advanced voice, data and video applications over most types of telephone-grade wiring to the desktop. As previously mentioned, Xinex is launching its Vortex multimedia system at the Computer Telephony Expo in Los Angeles today. ADCOM/BHS, which is displaying at the CT Expo, was founded in 1985 and is a distributor of telecommunications products for business to business applications. Through its headquarters in Felton, California and, satellite offices in San Diego and Boulder Creek, the company sells a complete line of telecommunications products and accessories from leading manufacturers. ADCOM's major customers include the state of California, the US government, Pacific Bell as well as other Fortune 500 companies. Xinex has also signed agreements with Valley Communications and Medical Computer Systems. VCI, founded in 1983, has four locations throughout California where it carries products by companies such as Cisco, 3Com, Lucent and Bay Networks. VCI is currently ranked 24th out of 4,000 interconnect telephone companies. Medical Computer Systems has been in operation since 1981, offering complete systems including standard third-party and commercial software applications, as well as customized software and hardware, fully integrated into turnkey systems. Through offices in Washington, DC and New York City, MCS performs services for high technology companies, government agencies, hospitals, medical centers, clinics, and group practices and, has development relationships with companies such as SONY Medical Systems, Decton Dickinson and MCI. The Vortex multimedia communications systems is an innovative replacement product for a sophisticated telephone system and computer network. 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 a Windows NT server to provide high speed data networking. With Vortex, users can make and receive calls from Windows call manager applications, and control telephone operations like hold, conference and transfer from their PC.