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Technology Stocks : PERI (Periphonics) -- Ignore unavailable to you. Want to Upgrade?


To: John F Beule who wrote (1410)11/24/1998 7:39:00 PM
From: g.w. barnard  Respond to of 1682
 
New Contracts and in this quarter:

gw

Business Wire - November 24, 1998 16:39

BOHEMIA, N.Y.--(BUSINESS WIRE)--Nov. 24, 1998--Periphonics Corporation (NASDAQ: PERI), 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 two orders valued at more than $2.5 million from two separate
divisions of a major U.S. telecommunications service provider.

The systems will be used to support customer-contact applications, expand capacity and enhance network-based
call-processing services. Based on the proposed delivery schedules, Periphonics anticipates shipping the orders and recognizing
most of the associated revenue during the current fiscal second quarter ending November 30, 1998.

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.

Statements contained in this release may be forward-looking within the meaning of the Private Securities Litigation Reform Act
of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those
expressed or implied in the applicable statements. For a discussion of these risks and uncertainties, please refer to the
Company's Securities and Exchange Commission filings including the Company's Forms 10-Q and Form 10-K and Annual
Report.

CONTACT: Periphonics
Joseph D. Pititto
Sr. Director, Investor Relations
Phone: (516) 468-9212
E-mail: invest@peri.com



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To: John F Beule who wrote (1410)11/24/1998 7:41:00 PM
From: g.w. barnard  Respond to of 1682
 
General Info:
Business Wire - November 24, 1998 14:48

BOHEMIA, NY--(BUSINESS WIRE)--Nov. 24, 1998--Periphonics Corporation (NASDAQ: PERI), 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 Telecomunicaciones y Representaciones S.A. (TELEREP) of Peru has signed an
agreement to distribute Periphonics' products and services. TELEREP will market Periphonics' solutions, and provide
post-sales technical services and support.

The selection of Periphonics' products will allow TELEREP to offer Peruvian companies access to products and services that
automate call and transaction processing, increase call center efficiency and generate additional revenue. With Periphonics'
award-winning products, TELEREP will provide Peruvian companies with the ability to enhance services to customers while
improving productivity and reducing costs.

"Periphonics' solutions will provide our customers with another means of increasing the efficiency of their telecommunications
operations," said Debra Llabres, at TELEREP. "Our decision to distribute Periphonics' products allows us to compliment our
existing product offering with the most advanced voice and transaction processing solutions available today."

TELEREP, incorporated in 1986, is a leading provider of telecommunications equipment and services in Peru. Ranked among
the top 150 Peruvian companies, TELEREP is a market leader in telecommunications, financial services, transportation, and
other essential business sectors.

TELEREP is the representative and distributor for many leading telecommunications equipment manufacturers including Nortel,
Newbridge, SRTelecom, Nokia, Ameritec and V-TEL. Post-sales service and support are provided by more than 50 service
department staff members backed by a sophisticated repair center for electronic equipment and telecommunications systems.

"Periphonics views TELEREP as a vital element in our corporate planning and marketing activities in Latin America," said
Donald Kaiserman, senior director of international business development at Periphonics. "We consider Peru a major
opportunity, with its economic position, stable business environment, and strong positioning within Latin America. The
implementation of our 'solution-oriented' capabilities will address the Peruvian business and professional communities' demands
for sophisticated transaction and voice processing needs."

Periphonics Corporation develops, markets and supports products and professional services for Computer Telephony
Integration 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 and 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 worldwide.

CONTACT: Anne M. Strauss
Public Relations Coordinator
(516) 468-9591
anne.strauss@peri.com
or
Karen L. Ferraro
Director of Marketing
(516) 468-9276
karen.ferraro@peri.com



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To: John F Beule who wrote (1410)11/24/1998 7:47:00 PM
From: g.w. barnard  Read Replies (1) | Respond to of 1682
 
Mellon Bank

Mellon Bank's MellonDirect 24 Service Is Web-Enabled with Periphonics'
PeriWeb-tm-

Business Wire - November 24, 1998 14:47

BOHEMIA, N.Y.--(BUSINESS WIRE)--November 24, 1998--Customers at Pittsburgh's Mellon Bank (NYSE:MEL) can
now perform all of their banking transactions without ever entering a branch or even using a telephone. PeriWeb, a robust
software environment for Internet-based transaction processing services from Periphonics Corporation (Nasdaq: PERI), a
leading worldwide provider of products and services for call processing solutions used in Computer Telephony Integration
(CTI) and Telecom Enhanced Network Services, has made all of Mellon's telephone-based Interactive Voice Response (IVR)
services available to customers accessing the bank's website, www.Bank-by-Web.mellon.com.

"We were anxious to offer Bank-by-Web and Web Bill-Paying in order to round out our interactive offering to our
MellonDirect 24 banking customers," stated David Spier, manager of Internet and PC banking at Mellon Bank. "We had been
offering 24-hour touch-tone based service with an IVR system from Periphonics for a number of years. We needed to add a
web access option in order to remain competitive. PeriWeb enabled us to make all of the bank's telephone-based services
available to customers accessing Mellon's website."

PeriWeb supports web browser-based access to new and existing IVR applications. Mellon was able to port all of its existing
IVR applications over to its website with no need for re-programming. Using PeriProducer(R), Periphonics' GUI development
tool, new applications can be designed for phone and web access or for web access only.

In discussing PeriProducer, Spier said, "I can't say enough about the ease of use of the Periphonics GUI tools that were used to
build the web pages. Our staff programmer who built our web page had never even been on the Internet, let alone built a web
page. Incredibly, she was able to take on the task immediately after minimal training."

The system went live in June and was used by over one percent of Mellon's customer base during the month of July. The
average customer uses it three to four times a month. Recent statistics show that the Bank-by-Phone phone lines receive
147,000 calls each week, while the web site is visited an average of 9,000 times per week.

The advantages provided by web banking are not limited to the customers. When customers perform banking transactions via
the web, agents are free to perform more complex or income-generating functions. Additional savings are incurred by the bank
because of a reduction in use of the bank's toll-free 800-number. Each time a customer performs a transaction by web instead
of by phone, the bank saves eight cents a minute on access to their 800 number.

About Periphonics

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 and 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 worldwide.

About Mellon Bank

A broad-based financial services company with a bank at its core, Mellon Bank Corporation ranks among the nation's largest
bank holding companies in market capitalization. With approximately $350 billion of assets under management and nearly $1.8
trillion of assets under administration, Mellon provides a full range of banking, investment and trust products and services to
individuals and small, midsize and large businesses and institutions. Its mutual fund companies, The Dreyfus Corporation and
Founders Asset Management, place Mellon as the leading bank manager of mutual funds. Headquartered in Pittsburgh,
Mellon's principal subsidiary is Mellon Bank, N.A.

CONTACT: Anne M. Strauss Karen L. Ferraro
Public Relations Coordinator Director of Marketing
(516) 468-9591 (516) 468-9276
anne.strauss@peri.com karen.ferraro@peri.com



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To: John F Beule who wrote (1410)11/25/1998 1:46:00 PM
From: John F Beule  Respond to of 1682
 
"Winning installations that integrate within the Web."

Like I said, this is a MAJOR initiative. I'm glad to see some press on this.
Why is this product a major deal? It gives companies (like Mellon) a greater advantage in retaining and satisfying customers.
Let me put it this way, if my competitor puts in an IVR system, good for them, but if it integrates with the web to solidify relationships, and will draw customers to them....it could put me out of business. What am going to do in this scenario? I'm gonna get me PeriWeb!

Hope this helps