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Technology Stocks : Veramark Technologies Inc. (Nasdaq: VERA) -- Ignore unavailable to you. Want to Upgrade?


To: E. Graphs who wrote (30)2/2/1999 10:50:00 PM
From: J_W  Respond to of 221
 
Veramark Signs Distribution Contract With Nokia Telecommunications

PITTSFORD, NY--(BUSINESS WIRE)--January 28, 1999--Veramark Technologies, Inc. (Nasdaq National Market:VERA) today announced the signing of a worldwide distribution contract with Nokia Telecommunications. Under the agreement, Nokia will offer Veramark's VeraBill billing and customer care software with Nokia switches, to wireless and wireline carriers.

VeraBill is a comprehensive billing and customer care system for wireline, wireless and other network service providers, with up to 400,000 subscriber access lines. Twenty-two VeraBill systems are installed and operating today, providing billing and customer care services for carriers on five continents. Since October 1997, VeraBill has been supporting a Nokia customer in Germany, providing service to fixed line subscribers through a Nokia DX220 switch.

Commenting on the contract, David G. Mazzella, Veramark's President and CEO, stated, "Nokia is unquestionably one of the world's leading and most technologically advanced telecommunications equipment suppliers. We are very proud to announce this contract which formalizes the growing relationship we have shared with Nokia for the past year. Since our first installation of a VeraBill system for Nokia, Veramark has enjoyed a rapidly growing installed base of customers. This expanded distribution relationship with Nokia reflects and adds to our growing stature in the billing and customer care industry."

Veramark Technologies, Inc. is engaged in the design, production and servicing of telecommunications management and billing systems for users and providers of telecommunications services in the global market.

Nokia is the world's leading mobile phone supplier and a leading supplier of mobile and fixed telecom networks including related customer services. Nokia also supplies solutions and products for fixed and wireless datacom, as well as multimedia terminals and computer monitors. In 1997, net sales totaled FIM 52.6 billion ($ 9.8 billion). Headquartered in Finland, Nokia is listed on five European Stock Exchanges and on the New York Stock Exchange (NOK.A), has sales in 130 countries and employs more than 42,000 people worldwide.



To: E. Graphs who wrote (30)2/7/1999 3:23:00 PM
From: J_W  Read Replies (2) | Respond to of 221
 
Veramark will issue its financial results for the fourth quarter and fiscal year ended December 31, 1998 on Wednesday, February 10th - before the market opens

PITTSFORD, N.Y.--(BUSINESS WIRE)--Feb. 3, 1999--Veramark Technologies, Inc. (Nasdaq National Market:VERA) will issue its financial results for the fourth quarter and fiscal year ended December 31, 1998 on: *T News Release

- Wednesday, February 10th - before the market opens

You will receive a copy of the press release so that you may review the results prior to the financial community conference call that will take place on: Conference Call - Wednesday, February 10th
10:00 AM EST

Dial-In Number: 800-388-8975

Reservation Number: Not required-ask for Veramark.

Please call 3 minutes prior to start time.

David Mazzella, President, CEO and Chairman, Rob Boxer, Vice President & General Counsel and Ronald Lundy, Treasurer, will host the conference call to discuss recent developments and financial results. After opening remarks, there will be a question and answer period.

If you are unable to participate in the live conference call with management or want to listen to it a second time, you may dial Postview, which will be available:

Wednesday, February 10th 4:00PM EDT

Dial-In Number 800-388-8975

Reservation No.

CONTACT:

Veramark Technologies Inc., Pittsford

Robert L. Boxer, 716/383-6803