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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?


To: AKAPAK who wrote (39696)12/22/1998 3:12:00 PM
From: Mike Semkiu  Respond to of 41046
 
Press Release:

(BSNS WIRE) Franklin Caps Quarter With Million- Dollar Order; Orders for
Franklin Caps Quarter With Million- Dollar Order; Orders for Tempest DVGs
Accelerate

Business Editors & Technology Writers

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Dec. 22, 1998--
Franklin Telecom (OTC BB:FTEL) Tuesday announced that it has received
an order exceeding $1 million for Tempest Data Voice Gateway Systems
from a Southern California customer that is deploying a national Voice
over IP network.
This contract follows previous purchases of Tempest Systems that
have already been shipped and deployed in establishing California as
the first leg of its planned national network. For competitive
reasons, the customer does not wish to be identified.
According to Franklin's chief financial officer, Tom Russell:
"Franklin is extremely pleased to receive this order. While a
percentage of this latest contract will be delivered during the
quarter ending Dec. 31, the balance will fall into the next quarter.
This is consistent with our expectations of significant continued
growth in hardware sales."
Peter Buswell, Franklin's president and chief operating officer,
added: "This is a solid example of where we are going with the Tempest
System.
"There are three distinct benefits to our company in this
contract: (1) we have the sale of the hardware itself; (2) as this is
a customer utilizing our turnkey solution, we will have ongoing
revenues for maintaining their system; (3) within a short period of
time, we will be connecting their sites into our FNet backbone, as
well.
"In other words, we have a win-win-win situation. This is a great
way to close out the calendar year and go into the second half of our
fiscal year."
The primary business of Franklin Telecom, founded in 1981, is the
design and manufacturing of communications devices, high-speed LAN,
WAN, Telco and software. Franklin customers have installed more than
100,000 nodes worldwide. Franklin's Internet subsidiary FNet provides
Voice over Internet Protocol global Telco services.
For additional information about this announcement, visit the
Officer's Message page at Franklin's Web Site, www.ftel.com.

Certain statements in this news release constitute "forward-
looking statements" within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors that may cause the actual
results, performance or achievements of the company to be materially
different from any future results, performance or achievements,
expressed or implied by such forward-looking statements.

--30--DB/la* LA/la

CONTACT: Franklin Telecom, Westlake Village
Helen West, 805/373-8688

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS
PRODUCT
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com

*** end of story ***




To: AKAPAK who wrote (39696)12/22/1998 3:13:00 PM
From: mark garner  Read Replies (1) | Respond to of 41046
 
Franklin Caps Quarter With Million- Dollar Order; Orders for Tempest DVGs
Accelerate

Business Wire - December 22, 1998 14:59
%FRANKLIN-TELECOM FTEL %CALIFORNIA %COMPUTERS %ELECTRONICS %COMED
%TELECOMMUNICATIONS %PRODUCT V%BW P%BW

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Dec. 22, 1998-- Franklin
Telecom (OTC BB:FTEL) Tuesday announced that it has received an order
exceeding $1 million for Tempest Data Voice Gateway Systems from a Southern
California customer that is deploying a national Voice over IP network.

This contract follows previous purchases of Tempest Systems that have
already been shipped and deployed in establishing California as the first
leg of its planned national network. For competitive reasons, the customer
does not wish to be identified.

According to Franklin's chief financial officer, Tom Russell: "Franklin
is extremely pleased to receive this order. While a percentage of this
latest contract will be delivered during the quarter ending Dec. 31, the
balance will fall into the next quarter. This is consistent with our
expectations of significant continued growth in hardware sales."

Peter Buswell, Franklin's president and chief operating officer, added:
"This is a solid example of where we are going with the Tempest System.

"There are three distinct benefits to our company in this contract: (1)
we have the sale of the hardware itself; (2) as this is a customer utilizing
our turnkey solution, we will have ongoing revenues for maintaining their
system; (3) within a short period of time, we will be connecting their sites
into our FNet backbone, as well.

"In other words, we have a win-win-win situation. This is a great way to
close out the calendar year and go into the second half of our fiscal year."

The primary business of Franklin Telecom, founded in 1981, is the design
and manufacturing of communications devices, high-speed LAN, WAN, Telco and
software. Franklin customers have installed more than 100,000 nodes
worldwide. Franklin's Internet subsidiary FNet provides Voice over Internet
Protocol global Telco services.

For additional information about this announcement, visit the Officer's
Message page at Franklin's Web Site, www.ftel.com.

Certain statements in this news release constitute "forward- looking
statements" within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors
that may cause the actual results, performance or achievements of the
company to be materially different from any future results, performance or
achievements, expressed or implied by such forward-looking statements.

CONTACT: Franklin Telecom, Westlake Village
Helen West, 805/373-8688