Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Linkon (LKON): CTI Company -- Ignore unavailable to you. Want to Upgrade?

To: Snowman who wrote (811)	1/20/1999 8:47:00 AM
From: Gerald Merna	Read Replies (1) \| Respond to of 1082

(PR NEWSWIRE) Tele Tower Places $3.0 Million Order for LinkNet IP Telephon Tele Tower Places $3.0 Million Order for LinkNet IP Telephony Gateway Switch; Emerging International Telecom Provider Selects Linkon VOIP Architecture FAIRFIELD, Conn., Jan. 20 /PRNewswire/ -- Linkon Corporation announced today that it had signed a volume purchase agreement with Tele Tower, Incorporated, a New York-based global telecommunications provider. The VPA calls for Tele Tower to purchase $3.0 million of the LinkNet(TM) IP Telephony Gateway Switch to be delivered over the next fifteen months. Tele Tower will incorporate the Linkon Products into its global network which supplies wholesale long-distance services to both facilities-based carriers and debit card platform holders. "Over the last three years, we have seen our wholesale business grow at a phenomenal rate. But we know that the new IP-based technologies for converged voice and data will greatly influence which companies will continue to grow. We have reviewed the VOIP products available today, have tested the LinkNet Gateway in both the laboratory and in the field and have decided that the open, scalable, UNIX-based, SS7 capable Linkon Technology is state-of-the-art," said Nick Patel, President of Tele Tower, Incorporated. "In only three years, Tele Tower has achieved substantial business and financial growth. They have built a network of direct network links, satellite and fiber-optic undersea cables to be able to provide high-quality connections to virtually every point on the globe. Tele Tower with support from Linkon is in an excellent position to capture a significant share of the rapidly emerging VOIP services market, which Ovum Research, a London-based firm, recently projected will reach $60 billion by 2005," said Lee W. Hill, President and CEO, Linkon Corporation. About Linkon Corporation Linkon develops and markets Internet Protocol Telephony enhanced services equipment and services for the telecom, data, cable, utility and Internet industries. Its products are sold to end-users and through system integrators, application developers, value-added resellers and original equipment manufacturers. About Tele Tower, Incorporated Created in 1996, Tele Tower is a privately held corporation based in Flushing, NY. Their extensive network includes points of presence in USA, UK, Mexico, South America and Asia. They have strategic alliances with various TIER-I and TIER-II carriers to provide reliable and cost-efficient global telecom coverage. Customers include prepaid and debit card companies, call-back carriers, cellular operators and Internet Service Providers. Linkon, Maestro, and LinkNet are trademarks of Linkon Corporation. All other trademarks are the property of their respective owners. SOURCE Linkon Corporation -0- 01/20/99 /CONTACT: Eric Hernaez of Linkon Corporation, 203-319-3156; or Charles Patel of Tele Tower, Incorporated, 718-429-3100/ /Web site: linkon.com (LKON) CO: Linkon Corporation; Tele Tower Incorporated ST: Connecticut * end of story *