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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?

To: ksuave who wrote (35141)	6/23/1998 12:17:00 PM
From: Mike Semkiu	Read Replies (1) \| Respond to of 41046

Press Release Franklin Appoints Telecom-IndustryVeteran, Board Member Peter Buswell, to New Post as President and Chief Operating Officer June 23, 1998 12:01 PM WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--June 23, 1998--In an executive appointment designed to accelerate its plan to become a global leader in telecommunications and Internet products and services, Franklin Telecom FTEL Tuesday named industry veteran Peter Buswell as the company's president and chief operating officer. "Peter is a key addition to Franklin's executive team," said Frank W. Peters, chairman and chief executive officer. "Having served on our board of directors since 1996, he not only envisions the specific opportunities for our technology, he understands how to translate that technology into marketable products and services." Peters also noted: "I have known Peter since 1980. In all candor, Franklin is fortunate to have someone with Peter's ability to quarterback and deliver on this mission-critical agenda at Franklin. With Peter's help, we should be solidly on schedule, and hitting our goals within the year." For the past two years, Buswell has served as chief operating officer of Xantel Corp., an industry leader in the application of computer telephony integration (CTI) to improve customer care and management. Prior to joining Xantel, Buswell was chief marketing officer for TAA, where he helped move this voice-processing company to the No. 37 position on INC. magazine's fastest-growing 100 companies. Previously, as a president and general manager of Farmstead Telephone Group's Cobotyx division, Buswell expanded its entry into the international marketplace through the creation of an entire voice- processing product line. Through strategic market planning, he also enabled the company to market voice mail and debit-card calling platforms in China as a cost-effective economic alternative to hard-wired telephone-equipment installations. Earlier, Buswell was responsible for several innovative telecommunications product-development activities involving voice/data switching applications for several major companies, including Brite Voice Systems, Exxon Enterprises, ITT and Datapoint. Buswell began his career in telecommunications as a central office engineer with AT&T technologies in 1969. "Franklin's award-winning Tempest Data Voice Gateway System is designed to provide highly advanced Internet telephony services that will substantially reduce monthly long-distance voice and fax phone bills for domestic and international companies," said Buswell. "I'm pleased to have an active role in continuing our momentum as we expand our international presence with our robust technology and our dedicated team. "The writing is clearly on the wall -- companies failing to execute in this rapidly evolving industry will dead-end on the information superhighway. My job is to make sure this doesn't happen at Franklin. We will not miss this opportunity, period." Buswell earned a bachelor of science degree in business administration and computer science from Marymount College in New York. He also completed courses at the Hartford Graduate Center in Telecommunications, and postgraduate studies in electronics, computers, telecommunications and programming systems. Franklin Telecom, founded in 1981, designs and manufactures communications devices and software. It has an installed base of more than 100,000 nodes worldwide, holds two major patents on hardware designed in the LAN transmission area, and has copyrights on 20 hardware designs and more than 350 software programs. Since 1997, the company has focused on voice-over-IP technology with the introduction of Franklin's Tempest System, consisting of the Data/Voice Gateway, Authentication Mapping & Billing Systems and the Multi Media Net Meeting systems. Franklin's subsidiaries, FNet Corp. and Internet Passport, provide telephony services using FTEL products. Certain statements in this news 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 that 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.

To: ksuave who wrote (35141)	6/23/1998 12:21:00 PM
From: Pat Garaffa	Respond to of 41046

Don't get me wrong. I have the same concerns and then some! What I was refering to was that every time the tone turns negative, a whole slew of vulture types shows up in a feeding frenzy and all they do is add insult to injury and have everyone second guessing their decision to hold. I'm as concerned as the next guy and often wonder "what the hell is going on out there"!!. They seem to be doing everything right. I'm really puzzled as to why the market is unresponsive. My feeling is they have cried wolf too many times in the past and the market will not react to fluff news anymore. When the numbers come out they will speak for themselves and then they will stand up and take notice! One more week and the quarter is over. Give it a month before the numbers are reported and then let them shoot out a few more press releases after they have caught the streets attention with the quarterly results. Then and only then will we see significant movement! See you in a month!!