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To: STRTYZ who wrote (508)12/29/1998 12:02:00 AM
From: Tomstocks  Read Replies (1) | Respond to of 931
 
** News Release ** Lockheed Martin & Visual Telephone (VTPI)

With this stock trading at only .14 it could be another KAFED in which went all the way upto 7.87 from .25 in which I enjoyed.

Visual Telephone International Products to be Added to Lockheed Martin Federal Systems' GSA Schedule

Companies Offer Advanced Desktop Video Conference Solutions on GSA Schedule

SOUTH HACKENSACK, N.J., Dec. 28 /PRNewswire/ -- Visual Telephone International, Inc. (OTC Bulletin Board: VTPI - news) today announced an agreement with Lockheed Martin Federal Systems in Owego, NY, to provide high quality video conference solutions to the federal government. All Visual Telephone International products, select accessories and support services are available to federal agencies through Lockheed Martin Federal Systems' GSA Schedule.

The Lockheed Martin Federal Systems GSA Schedule will now include Visual Telephone International products featuring the new Visual-EZII® operating system with advanced white board capability, high resolution graphics and collaborative computing capability. The PC-based platform gives agencies a reliable, cost-effective and rapidly deployable desktop video conferencing system in comparison to full room and legacy portable alternatives.

Visual Telephone International and its products provides one of the most powerful, robust graphics and collaboration front-end in the industry today. The new 32-bit operating system is capable of providing collaborative capability using most software packages, be it productivity, simulation, education, gaming or any other application that runs on a Windows 95/98 operating system platform today. The Visual-EZII® platform is fully compliant with ITU/TSS H.320, T.120 and H.243 standards, providing H.261 full CIF video teleconferencing standards. The platforms were recently upgraded to Intel Pentium II 233/MMX or optional K6 266 MHz AMD CPU's, with 32x CD ROMs and 64 Meg of main memory. Most significantly, selected Visual Products were the first to comply with the new Federal VTC-1 compliance requirement, which is the new standard for Desktop Video Conference systems for federal agencies, to ensure compatibility and high performance collaboration capability.

''This agreement makes great sense,'' said Carl R. Ceragno, Chief Executive Officer, Visual Telephone International, Inc. ''Lockheed Martin Federal Systems is a trusted leader in the information technology marketplace. Visual Telephone is a growing company that provides high-quality video conference solutions for clients. The ultimate winners are government agencies that now can capitalize on the combined expertise of the companies and on this leading-edge technology.''

VISUAL-EZII® features ''Point, Click, Hello'' simplicity and extended collaboration performance with operating and graphic system software for superior ''video presence'' and seamless graphics collaboration. For further information on Visual Telephone International, Inc. and to see ''Tomorrow's Vision Today,'' please visit the Company's WEB site at www.vistele.com, or call 888-VISTELE or e-mail info@vistele.com. Visit Lockheed Martin Federal System's WEB site at www.fedmall-lmco.com.