The story unfolds:
(a cut and paste project)
March 2, 1998 Franklin Telecom Corp today announced the availability of the Cyclone-F fax server~ ~The ability of the Cyclone-F fax server to mix and match voice, fax and modem lines in one easily manageable unit is a real benefit to corporate IT and MIS managers.'' ~ Shipping will begin April 1, 1998.
FNet Corp., has signed a definitive agreement with WorldCom (NASDAQ:WCOM - news) to collocate its Internet telephone network on WorldCom sites.
Under the terms of the agreement, FNet will offer its Tempest(R) Data Voice Gateway to a number of cities in the United States via the WorldCom network. Through the Tempest gateways, FNet will support national telephone-to-telephone service over a private intranet and a public Internet. The agreement also facilitates eventual overseas deployment of the gateways as well.
''Franklin's Tempest technology, noted for its superior Voice-over IP quality will now be made available to callers throughout the U.S.,'' said Frank Peters, chief executive officer of Franklin Telecom. ''With this, we are now able to expedite our plans for establishing a world-wide, carrier class network, offering customers an unparalleled scope of services.''
~Gateways incorporate Franklin Telecom's own hardware technology~
Magruder Tapped to Build World-wide Voice over IP Network James L. Magruder has been appointed Chief Executive Officer for FNet Corp.
Magruder brings over 30 years of experience in the telecommunications services industry. According to Magruder, ''Our mandate is straightforward and exciting; we are going to build a global Voice over IP Network, utilizing Franklin's Tempest Data Voice Gateways.
Franklin Telecom's President and CEO Frank Peters stated, ''This is a momentous occasion for Franklin. Securing someone with Jim Magruder's talent, experience and associations ~~He has both the business savvy and the technical expertise to lead FNet forward in the emerging Internet Telephony marketplace.''
FNet Corp. To Build Voice Over IP Network Former MCI Executive James Magruder Heads Effort as CEO Company Plans 12 On-Net Cities by Summer, 50 Worldwide by Year-End According to FNet chief executive officer James L. Magruder, ''The Internet Telephony services market is perhaps the most exciting sector in today's high tech arena, and we are committed to providing the finest quality domestic and international voice traffic by using the Franklin Tempest (R) Data Voice Gateway, noted for its superior voice over IP performance.''
Magruder said, ''FNet has a significant competitive edge because of our unique vertical integration, from the design and manufacture of Franklin hardware to the deployment and management of our Internet network. The network we are building has complete world-wide off-net switching capability, and by integrating our IP technology with conventional telephony technology we are able to offer the highest quality call for the least cost.''
By this summer, Magruder said FNet will deploy eight domestic POP's~~
Franklin Telecom's ISP Signs First International Pact In Plan to Build Global IP Network
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--May 14, 1998--FNet Corp., an Internet subsidiary of Franklin Telecom (OTC:FTEL - news), announced today it has entered into a joint venture with LibertyOne to extend voice over the Internet service to New Zealand and Australia.
According to FNet chief executive officer James L. Magruder, ''The purpose of the joint venture is to implement voice over IP in Australia and New Zealand which will then connect to the world via the FNet network. This is the first of several alliances we are forging in line with our announced strategy to help FNet move quickly and with strength into the international Internet telephony marketplace.''
~the target date to debut the FNet/LibertyOne service in New Zealand is this August~ ~Australian service scheduled to kick off in September.~
Magruder confirmed that FNet plans to deploy its network, which utilizes both voice over IP and traditional off-net switching capability, in at least 50 countries within twenty-four months, including 50 on-net cities up and running by the end of this year. libertyone.com.au
May 19, 1998-- Franklin Telecom today announced the addition of a Billing & Authorization Server to its Tempest(R) IP Telephony System. ''The feedback from our customers has been nothing but positive,'' said LDNet's president, Mitchell Marks. ''Franklin's software is comprehensive and user friendly.~
LDNet, which provides Internet service to eight midwestern cities using the Tempest System, was among the first to beta test the Billing & Authorization Server ldnet.com The Tempest Billing & Authorization Server runs on Windows NT~
Franklin Telecom ~ today announced that it has begun shipment on a $250,000 order for Tempest(R) Data Voice Gateway units to J. M. Best Communications~the company plans to purchase an additional forty-five units.
Johnny M. Brown, C.E.O. and president of J.M. Best stated, ''Our conclusion is that the Tempest is the best product on the market for providing excellent voice quality, customer support and account management. Franklin Telecom has been outstanding in their support of this product and extremely responsive to our questions and suggestions. I believe we are now positioned to expand our services quickly throughout the Midwest, and throughout the world as we join the FNet network.''
jmbest.net
"By the way, the Tempest System now includes three facets: we are, as you know, already shipping DVG's. We will be shipping Beta units of our AMAS (Authentication, Mapping and Accounting Server) software within a few weeks. The third unit is a standards based MM2000 (Multi-Media 2000) product which is H.323 compliant for audio and "net meeting" communications; this unit is still in the engineering phase. " "Engineers have been working to add features to the DVG as well as to give it extra flexibility to fit into various work environments. " "The feedback from customer evaluations so far has been positive. ~ . ~The engineering tasks required to complete our full feature set will be completed over the next few months. Some of the features will be available in a couple of weeks, others will take a few months. In any case, the features should translate into sales."
"FNet's success will directly benefit FTEL shareholders~" "~Our shared dream is close to fulfillment. "
"Bulletin: As this is being posted, we've just received notification that our Tempestr DVG has once again been named "Best in Show" at the recent Computer Telephony Expo '98 in Los Angeles! "
"Our Company has a strong cash position"~ "We are also in discussions with several tier one investment bankers about funding the full deployment of the FNet network. "
Certain statements in (these) this press release constitute ''forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements, expressed or implied by such forward-looking statements.
The above has been cut & pasted from press releases issued over the last several months, and from officer messages. To me it tells a story, a glimpse here, a hint there. Looks to me like FTEL/FNET has a plan. -Ray
edit, I think I missed a few items, oh well, this is the basic stuff. The details will come. |