To: Don Johnstone who wrote (280 ) 7/20/1998 4:56:00 PM From: Don Johnstone Read Replies (1) | Respond to of 1622
Bellcore Deal!!! Attention Business Editors: INFOINTERACTIVE SIGNS AGREEMENT WITH BELLCORE U.S. firm one of world's largest telecom technology companies HALIFAX, July 20 /CNW/ - InfoInterActive Inc. (Alberta Exch: IIA) announced today that it has signed an agreement with Bellcore (Bell Communications Research, Inc.), of Morristown, NJ., one of the world's largest providers of telecommunications software, engineering and consulting services. Bellcore will assist InfoInterActive with the continuing rapid deployment of Internet Call Manager, the Company's popular ''call waiting'' telephone service for Internet users, marketed primarily through major telephone companies in North America and worldwide. Bellcore's major telecommunications customers in North America include all of the U.S. Regional Bell Operating Companies (RBOCs) and many of the competitive local exchange carriers and long distance companies. Bellcore also provides products and services to many other telecommunications companies worldwide through its operations in Europe, Central and South America, Asia and the Pacific Rim. As part of this agreement, Bellcore will provide a broad range of professional services to accommodate the specific needs of the increasing number of large telephone companies wanting to market the Internet Call Manager service to their customers. Today's announcement completes the agreement announced May 19. InfoInterActive President & CEO Bill McMullin said today: ''Bellcore's established relationships with large telecommunications companies worldwide will help support rapid market growth of Internet Call Manager across North America and potentially around the world.'' ''Bellcore is a highly respected technology company with the consulting resources to assist InfoInterActive in providing the necessary support for the growing number of telecommunications partners choosing InfoInterActive for Internet call-waiting services,'' Mr. McMullin said. ''We are delighted to have this world-class organization aligned with InfoInterActive.'' Mr. Derek Messulam, General Manager of Bellcore's Advanced Services practice said, ''Our relationship with InfoInterActive represents an important piece of Bellcore's expanding portfolio of Internet-based service offerings. We are confident that these technologies will have broad appeal to telecommunications companies worldwide.'' The predominantly success-based agreement will not impact on the number of shares outstanding in InfoInterActive. Internet Call Manager (ICM) provides Internet users with on-screen notification of incoming telephone calls - including caller identification - while the phone line is otherwise tied up using the Net. The service solves the common problem of families and small businesses missing incoming phone calls during Internet usage, and is a fraction of the cost of acquiring and leasing a separate phone line. ICM for Business allows the small business and home-office customer, using the Internet, to monitor and handle incoming calls on a number of office lines, including those not related to the customer's Internet access. The same service also allows the customer to use regular Internet access to monitor incoming office calls from home, a subsidiary workplace, or while travelling - or vice-versa. ICM High-Speed offers all of the same Internet Call Manager features to customers with high-speed Internet access through corporate networks or ADSL. InfoInterActive successfully launched its Internet Call Manager in Canada in 1997 in conjunction with MT&T, and in partnership with Cincinnati Bell in the United States in May, 1998. The Company has signed a Letter of Intent with one of the largest telephone companies in the United States, and recently
announced a similar agreement with Telus, Canada's third-largest telecommunications company. The agreements are similar to that which led to the successful roll-out at Cincinnati Bell. IIA expects further developments in both the U.S. and Canadian markets in the near future. InfoInterActive is a provider of network-based enhanced services that bring telephone, Internet and wireless networks together. It is a publicly traded corporation listed on the Alberta Stock Exchange in Canada under the symbol: IIA. The Alberta Stock Exchange has neither approved nor disapproved of the information contained herein. %SEDAR: 00002869E -0- 07/20/98 For further information: Michael Smith, Executive Vice President, InfoInterActive Inc., Tel: (902) 832-5011; E-mail: mike@infointeractive.com