Here's a press release for Lkon today. Gee, as I've been watching this stock jump up I couldn't find a reason---now there is an explanation, of sorts.
Anyway.....Would any of the ftel luminaries care to give an opinion
of LKON tech vs. FTEL tech.
Oh, one little 500,000. order just pushed this stock up 70% in a week......just wondering what something serious would do.
Tuesday April 14, 8:51 am Eastern Time
Company Press Release
SOURCE: Linkon Corporation
Linkon Receives $500,000 Internet Telephone Gateway Order To Provide Switched SS7 and
GSM Functionality for US Telco
FAIRFIELD, Conn., April 14 /PRNewswire/ -- Linkon Corporation (OTC Bulletin Board: LKON - news) announced today that it has received an order
exceeding $500,000 for its LinkNet(TM) IP Telephony Gateway. The customer is Sequel Communications, Inc., an alternative international carrier and value-
added service provider. Sequel specializes in trans-Pacific calling.
''This is a significant milestone in our transformation to becoming an IP Telephony company. We believe Linkon is among the first to market a commercial gateway
with SS7 and E1 signaling switching and GSM compression capability targeted at telecommunications service providers. Sequel, with an international private
network, experience in the Pacific Rim, and its own aggressive expansion plans, is well-suited as a customer and potential distribution partner,'' Said Lee W. Hill,
President and CEO of Linkon.
''We were looking for an IP telephony gateway solution that would complement our existing infrastructure and allow us to take advantage of packet switched
communications without compromising quality of service. Linkon DSP architecture with software upgradeability was very competitive in terms of performance issues
like voice quality, low latency, echo cancellation, scalability and reliability. And, the fact that the LinkNet(TM) system integrates switching and compression functions
onto a single telco-grade platform made the Linkon offering attractive from a financial perspective as well,'' said Eric M. Hernaez, Chief Operating Officer of Sequel
Communications.
''To date, growth of IP telephony services has been restrained by the lack of truly scalable gateways that can interface with SS7. I believe the Linkon solution is well
positioned to bridge that gap and allow service providers to start offering enhanced services. The world market for IP telephony gateways should exceed $240
million in 1998. This represents a tremendous opportunity for a company like Linkon,'' said Francois-Eric de Repentigny, Industry Analyst, Frost & Sullivan.
This news release contains forward-looking statements. Such statements are subject to certain factors which may cause Linkon Corporation's plans to differ or
results to vary from those expected including the risks associated with the development of new products and the uncertainty of product acceptance, the Company's
dependence on its relationship with AT&T and Sun, the competitive nature of the Company's industry, rapid technological change, government regulations and legal
uncertainties, the Company's dependence on key personnel, and a variety of risks set forth from time to time in Linkon Corporation's filings with the Securities and
Exchange Commission. Linkon undertakes no obligation to publicly release results of any of these forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of unexpected events.
About Linkon Corporation
Public since 1991, Linkon Corporation, based in Fairfield, CT, designs, produces and markets worldwide integrated hardware and software products that process
voice, data and image signals for the computer, telephone and Internet industries. Linkon Corporation's Maestro(TM) System is offered in a variety of analog and
digital configurations, with support for ISA/EISA, Sbus and PCI computer buses. Supported operating systems include various flavors of Unix, such as Solaris,
SCO, Interactive Unix, and Unixware, as well as IBM's AIX. The Maestro(TM) System's universal port capability provides a wide range of communications
algorithms ''on-board'' -- all in a single computer slot -- including voice compression, fax, modem, speech recognition, text-to-speech, speaker verification, and
voice and fax over IP (IP Telephony). Maestro(TM) System-based ISA-bus servers are scaleable up to 96 ports, while Sbus-based servers can grow to 192 ports.
Linkon produces the Escape Enhanced Services Platform and LinkNet IP Telephony Gateway and is the leading maker of open, universal port digital signal
processing (DSP) based communications boards for Sun Microsystem computing platforms. Linkon products are offered through distributors, value-added resellers,
system integrators and original equipment manufacturers.
More up to the minute information is available from the Linkon home page: http:\\www.linkon.com
Linkon, Escape, LinkNet, and Maestro are trademarks of Linkon Corporation. All other trademarks are the property of their respective owners.
SOURCE: Linkon Corporation
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