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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play? -- Ignore unavailable to you. Want to Upgrade?


To: Linda Kaplan who wrote (2892)11/5/1998 5:20:00 PM
From: margin_man  Read Replies (1) | Respond to of 3431
 
Another $1.5M order after the bell today.

P.




To: Linda Kaplan who wrote (2892)11/5/1998 5:31:00 PM
From: Linda Kaplan  Read Replies (1) | Respond to of 3431
 
$8.5 million in the three contracts, and a fourth of undetermined value, all in two or three days. Nice going, GEMS!

Glenayre Receives $1.5 Million Order For Enhanced Services Platform
From Poland's Netia Telekom

PR Newswire, Thursday, November 05, 1998 at 17:09

CHARLOTTE, N.C., Nov. 5 /PRNewswire/ -- Glenayre Technologies Inc.
(NASDAQ:GEMS) today announced it has received a contract to provide its
enhanced services solution to support voice and fax mail boxes for the
wireline telecommunications network of Netia Telekom S.A. of Poland. The
initial order is valued over $1.5 million and will be shipped during the
fourth quarter of 1998.
Netia Telekom is the leading private provider of fixed line telephone
services in Poland. In addition to basic telephone services, Netia offers a
wide range of value-added services. Over the period of the contract,
Glenayre's MVP(R) modular voice processing system and applications will be
deployed by Netia Telekom in major cities throughout Poland. Advanced personal
communications services the Glenayre platform provides that will enhance the
services of Netia Telekom include voice and fax messaging, message waiting
notification, the ability to make outbound calls directly from the voice
mailbox, bulletin boards, virtual telephony, and the single number service,
Constant Touch(R).
Netia's mission is to become the preferred supplier of services to
Poland's business and residential customers by guaranteeing quality and
customer satisfaction. The Glenayre enhanced services platform was selected
because it offers a flexible and sophisticated solution. Glenayre's voice
processing system and applications will be deployed by Netia throughout its
five regions in Poland through 1998 and 1999. The MVP systems' modular
architecture enables it to expand to keep pace with customer usage.
"Netia Telekom is implementing a state-of-the-art digital network as part
of their focused, customer-oriented approach. Glenayre is excited to be
working with Netia Telekom, a company that highly values customer service, to
provide state-of-the-art messaging," said Dan Case, president of Glenayre's
Integrated Network Group.
Netia currently holds 23 licenses to build and operate telecommunications
networks, and provides service to approximately 13.4 million people or roughly
one-third of the Polish population.
For over 30 years, Glenayre Technologies Inc. has been developing and
providing leading edge personal telecommunication systems. The Integrated
Network Group of Glenayre produces the Glenayre Intelligis product family that
enable mobile and fixed network operators to increase revenues, reduce
subscriber churn and improve network reliability and efficiency with enhanced
services, network management and operational support systems. With over 2,000
employees and with products installed in over 100 countries, Glenayre's net
sales exceeded $451 million in 1997. Additional information about Glenayre is
available on the company's Web site at: glenayre.com.

MVP is a registered trademark of Glenayre Electronics Inc.
Constant Touch is a registered trademark and registered service mark of
Glenayre Electronics Inc.

SOURCE Glenayre Technologies Inc.
-0- 11/05/98
/CONTACT: Pamela Rentz, Glenayre Atlanta, 770-283-2410, or Slawomir Nowak,
Netia Telekom, 48 22 648 45 00/
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 111723/
/Web site: glenayre.com

Companies or Securities discussed in this article:
Symbol
Name
NASDAQ:GEMS
Glenayre Technologies