Interesting business.
Compaq, Precision Systems Sell US $1 Million Solution to Provide Prepaid Card Service to Telco
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jan. 21, 1999--Vicorp, a Precision Systems, Inc. (Nasdaq:PSYS) subsidiary, and Compaq Canada Inc. jointly announced today that they have sold a prepaid card service solution valued at (US) $1 million to one of Canada's leading telecommunications carriers.
The solution consists of a Compaq S7000 fault-tolerant server and Vicorp's Lydian enhanced software suite. Additionally, Vicorp will provide hardware in the form of voice response units (VRUs) for the system.
Vicorp's Lydian suite of software applications includes prepaid calling cards, postpaid calling cards, and prepaid wireless. Lydian is a proven, network-grade solution designed to grow with its customers. The integrated graphical service creation environment, QuickScript, allows telecommunications carriers to build custom call dialogues and new enhanced services for target markets.
Precision Systems, Inc. is a global company that, together with its subsidiaries, Vicorp N.V. and BFD Productions, Inc. delivers telecommunications solutions to service providers and corporations. Vicorp's software and hardware products support enhanced calling and prepaid services, toll-free services, and advanced call center applications. BFD Productions is a service bureau specializing in audiotext and Internet applications. Precision Systems meets the needs of its customers in more than 30 countries.
Compaq Canada Inc., a wholly-owned subsidiary of Compaq Computer Corporation of Houston, Texas, markets and services hardware, software, solutions and services, including industry-leading enterprise computing solutions, fault-tolerant, business-critical solutions, networking and communications products, commercial desktop and portable products, and consumer personal computers.
With headquarters and distribution facilities in Richmond Hill, Compaq Canada Inc. has 47 offices across Canada, including Vancouver, Edmonton, Calgary, Regina, Winnipeg, London, Mississauga, Markham, Ottawa, Montreal, Quebec City, Moncton and Halifax.
With the exception of its larger scale technologies and services, Compaq products and services are sold and supported through a network of more than 3,600 marketing partners across the country.
This press release contains forward-looking information, and actual results may vary from those expressed or implied herein. Factors that could affect these results include those mentioned in the Company's Form 10-K and other forms, which may be filed with the Securities and Exchange Commission.
Lydian and Vicorp are trademarks of Precision Systems, Inc., St. Petersburg, Florida, USA. Compaq, Registered U.S. Patent and Trademark Office.
CONTACT:
Precision Systems, Inc., St. Petersburg
Kenneth M. Clinebell, Chief Financial Officer
727/572-9300 ext. 3210
kclinebell@talkpsi.com
or
Compaq Canada Inc.
John B. Challinor II, APR
Manager, Corporate & Public Relations
416/229-8936
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