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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Larry V who wrote (443)	4/22/1998 11:59:00 AM
From: JAMES BORECKI	Read Replies (1) \| Respond to of 14638

The following release sounds like another BIG door opening to take advantage of all those notebook carriers sitting around all those airports. I'm a little confused, however, at the bottom of the following release it states that there are 140,000 Millennium phones in service right now. Does this mean that these phones would have to be replaced with new phones containing special jacks before a notebook could be plugged in. That's the way I'm reading it, but always seem to miss some important fact. JimB ------------------------------------------------------------------------- Attention Business/Technology Editors: NORTEL (NORTHERN TELECOM) ANNOUNCES NEW DATA JACK FEATURE FOR MILLENNIUM MULTIPAY MULTICARD PAYPHONES DALLAS, April 22 /CNW/ - Nortel(x) (Northern Telecom), a leader in advanced public access solutions, today announced a data jack option for its wall mounted Millennium(x) MultiPay MultiCard terminals. This innovative feature allows Millennium payphone users to take full advantage of mobile computing by delivering a data communications port to public areas such as airports, hotel lobbies, truck stops, convention centers and other locations where business travelers require access to their network. By integrating the RJ-11 port into the phone's card reader bezel, Nortel's Millennium payphone provides users with an easy-to-use phone that offers a range of payment methods such as smart cards, credit cards, and calling cards. According to the August 1997 Yankee Group study, ''Understanding the Next Phase of Mobile Computing,'' mobile computer sales are increasing at a rate of 23 percent annually. Nortel's Millennium phones equipped with data jacks will enable these mobile computer users to access their private email, corporate intranets, the Internet, and information databases from the public arena. Conveniently located on the front of the phone near the card reader bezel, the data jack is easy to find and easy to use. In addition, bi-lingual visual prompts on the Millennium phone's florescent display provide instructions for use and payment. The visual prompts can be programmed to operate in either English, Spanish, Japanese or French. After a successful trial, U S WEST plans to deploy its Millennium Data Stop, Nortel Millennium phones equipped with data jacks, in select locations throughout its 14 state area. ''More and more people are carrying laptop computers, and these people need convenient public access to data communications,'' said Mike Goebel, new product development manager, U S WEST. ''Many travelers cannot wait until they arrive at an office or their hotel room; they need immediate access to their data, and Nortel's Millennium phones are the obvious solution.'' Nortel's Millennium MultiPay MultiCard with data jack will enable new revenue streams and comprehensive reporting to payphone service providers. In addition, the phones are equipped with a card reader, which increases the security of calling card numbers and eliminates concern about onlookers. The Millennium phones also interface in real time with financial institutions to obtain positive card validation and monitor cards for suspicious use. The Millennium MultiPay with data jack is available as both a factory installed option and a field upgradeable feature. There are currently more than 150,000 Millennium payphones throughout North America. More information on Nortel's public communications access terminals is available by calling 800-4NORTEL (800-466-7835). -0- 04/22/98 For further information: Laura Powers, Nortel, (972) 684-5909, powersla@nortel.com; Peter Janecek, Nortel, (905) 863-6251, peter.janecek@nortel.com; Or visit Nortel's website at www.nortel.com -------------------------------------------------------------------------- Release sent courtesy of Canada NewsWire Portfolio Email. To update your email portfolio, point your web browser here: portfolio.newswire.ca Canada's Business Report Segments of Canada's Business Report can now be heard on the CNW web site (www.newswire.ca) in streaming audio. Canada's Business Report is a new live radio program that delivers time-critical information on stock market activity, mutual funds and bonds, changes on the exchanges and independent business issues. The half-hour report airs daily Monday to Friday from 6:30 p.m. - 7 p.m. (EDT) on Talk 640 AM in Toronto. Hosted by well-known Canadian broadcaster Ron Adams, Canada's Business Report is a regular source of information for amateur and professional investors. --------------------------------------------------------------------------