thursday news.......
Intelect and Memorex Telex to Deliver Business Critical Networking & High-Quality Videoconferencing Solution
Thursday, October 15, 1998 06:00 AM
LANscape(TM) & Executive Series Videoconferencing Products to be Offered Within Their ProServ Portfolio of IT Services
RICHARDSON, Texas, Oct. 15 /PRNewswire/ -- Intelect Communications, Inc. (Nasdaq: ICOM), a leading provider of products and services for the seamless integration of voice, data and video technologies, announced today a strategic partnership with Memorex Telex (UK) Ltd., a leading provider of business critical networking, to jointly deliver LANscape's(TM) high-quality desktop and room-based video & video conferencing solutions (LANscape 2.1 and the Executive Series) as part of their overall ProServ portfolio of IT Services.
With over 35 years of experience and with a current base of over 60,000 customers worldwide, Memorex Telex is focused on delivering business critical networking solutions to specific vertical markets such as Finance, Insurance, Retail and Distribution, Travel and Leisure, manufacturing and Utility markets.
"Our customers have been asking us for a network video solution which offers near broadcast quality over any switched IP network, together with integration for H.320 and H.323 legacy videoconferencing. With IVC we have the answer -- high quality networked video without the need for external decoders or any further costly add-ons," said Mike Regan, Internetworking Business Manager for Memorex Telex. "Furthermore, we see applications such as multimedia and converged voice and video as high-growth and high-revenue areas for Memorex Telex within the next six months. Our alliance with IVC is a significant element of our product portfolio and truly solidifies our reputation for providing high-quality, best-of-breed products and services to our customers."
Memorex Telex offers a comprehensive range of IT professional services under the ProServ brand and encompasses four main elements: Thin Client Networking, Network Integration, Maintenance Services and Implementation Services. Working under the ProServ banner, IVC joins a host of other key industry, technology and service providers such as Microsoft, IBM, 3Com and Compaq.
"We are extremely delighted to be part of Memorex Telex's ProServ platform and feel their selection of LANscape 2.1 and the Executive Series, truly reflects the advanced capability and functionality of LANscape's multimedia technology," said Nigel Kilpatrick, Managing Director of Intelect's European, Middle Eastern and Africa video communications division.
LANscape is a unique, cost-effective video communications breakthrough, offering full-motion, full-color communications with each user appearing in a fully adjustable window. Utilizing IP as the transmission protocol, LANscape can be transported across existing LAN/WAN networks using Ethernet, Internet, Frame Relay, ATM, SONET or SDH. In addition to video conferencing, LANscape features video record and playback controls, supporting IP multicast for transmission of live or pre-recorded video from one-to-many or many-to-many.
About Memorex Telex
Memorex Telex has a 35-year history of providing customers with high quality IT products and services. Today it delivers Business Critical Networking as an Inter Networking and Thin Client Networking systems integrator enabling the organization to optimize their customers' existing networks and IT platforms to enable a successful migration to leading-edge technology with minimal risk.
Memorex Telex provides support services under the ProServ brand. ProServ offers a comprehensive range of both pro-active and remedial IT services to support a customer's enterprise-wide networking environment. These services are available for a wide variety of topologies including SNA, TCP/IP, Local and Wide Area Networks. Memorex employs over 1,000 staff in Europe and has revenues in excess of $400 million a year.
Intelect Communications, Inc. is a communications technology company providing innovative and cost-effective products, services and solutions to integrate voice, data, and video networks. Applications for the Company's products and services range from the network infrastructure to the desktop. The Company's products are designed to anticipate and meet the demands for increasing speed, capacity, and complexity of electronic and photonic communications. Principal markets for the Company's products are: fiber optic network transmission, digital signal processing (DSP), and video communications. The Company also provides high-value engineering services to the communications industry. The Company currently has under development an intelligent programmable telecommunications switching platform. Intelect's principal business units are Intelect Network Technologies Co. and DNA Enterprises, Inc. based in Richardson and Intelect Visual Communications Corp. of New York City.
Further information about the Intelect family of multimedia products and services can be accessed at these World Wide Web locations:
-- Intelect Communications, Inc., intelectcom.com;
-- Intelect Network Technologies, intelectinc.com;
-- Intelect Visual Communications, videoconferencing.com
-- and; DNA Enterprises, dnaent.com.
Except for the historical information contained herein, the statements in this announcement are forward-looking statements which involve risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, the forward looking statements. Factors that might cause such a difference include, but are not limited to, those relating to: general economic conditions in the markets in which the Company operates; success in the development and market acceptance of new and existing products (particularly SONETLYNX(TM), FIBERTRAX(TM), LANscape, and CS4(TM)); dependence on suppliers, third party manufacturers and channels of distribution; customer and product concentration; fluctuations in customer demand; maintaining access to external sources of capital; ability to execute management's margin improvement and cost control plans; overall management of the Company's expansion; and other risk factors detailed from time to time in the Company's filings with the Securities and Exchange Commission.
SOURCE Intelect Communications, Inc.
CONTACT: Troy Ussery, 972-367-2214, or tussery@intelectinc.com, or Jacki Trevino, 972-367-2114, or jtrevino@intelectinc.com, both of Intelect Communications
Quote for referenced ticker symbols: ICOM© 1998, PR Newswire |
