To: CJ who wrote (1400 ) 1/11/1999 11:15:00 AM From: Mel Spivak Respond to of 1682
A $1M sale for PERI: Monday January 11, 9:45 am Eastern Time Company Press Release Periphonics Receives $1 Million Order For Its Calling Card Platform Systems To Be Deployed In Middle East Country BOHEMIA, N.Y.--(BUSINESS WIRE)--Jan. 11, 1999--Periphonics Corporation (NASDAQ: PERI - news), a leading worldwide provider of products and services for call processing solutions used in Computer Telephony Integration and Telecom Enhanced Network Services, today announced that it has received an order valued at approximately $1.0 million for its Periphonics Calling Card Platform (PCCP). The order comes from an independent operator licensed to provide prepaid calling card service in a Middle East country where telephone service is provided exclusively by the government. The independent operator will deploy the PCCPs in several cities in the Middle East country. Based on the terms of the order, Periphonics expects to ship the systems and recognize the majority of the revenue during its current fiscal third quarter. The Periphonics Calling Card Platform (PCCP) provides a complete, turnkey calling card solution. Both prepaid and postpaid cards are supported and cardholders can call from any touch-tone telephone. With the PCCP, landline and wireless telecommunications service providers can launch and manage multiple calling card offerings; each customized for a particular market segment with unique card features. A range of enhanced services such as speech recognition; conferencing, paging and voice messaging are available. George Cole, Periphonics Vice President Telecom Business Development Group, said, ''We're very pleased that the Periphonics Calling Card Platform has been chosen for use in this middle east country. The deregulation of the telephone industry - which began some time ago in the US - is spreading rapidly throughout the world. This is creating opportunities for service providers and independent operators to provide new, enhanced services that can increase revenues for telecom service providers and add convenience for telephone customers. Periphonics products and professional services are targeted at helping us continue to grow our market share in the enhanced telecom network service sector.'' Periphonics Corporation develops, markets and supports products and professional services for Computer Telephony Integration (CTI) and for Telecom Enhanced Network Services using technologies such as interactive voice response (IVR), speech input, messaging, fax, and web browsers. The Company's products and services automate call transaction processing, increase call- center agent productivity, and often create new revenue streams for its customers. Headquartered in Bohemia, New York (Long Island), Periphonics has systems installed in more than 50 countries. Contact: Joseph D. Pititto Sr. Director Investor Relations (516) 468-9212 invest@peri.com