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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (7055)	1/31/1999 9:36:00 AM
From: unclewest	Read Replies (1) \| Respond to of 56535

ETEL this is a little stock that i traded last week. then kept a small position long. is anyone familiar with this product? unclewest GERMANTOWN, Md., Jan. 27 /PRNewswire/ -- e-Net, Inc. (Nasdaq: ETEL), a leading provider of Data Telephony(TM) products, today announced that its NetConnect(TM) telephony card was named a Product of the Year winner by CTI Magazine in the category of Internet Telephony Boards. NetConnect(TM) is an ISA card which, when installed in a personal computer, allows consumers to use their standard telephones to make calls over the Internet for up to 95% off standard long distance rates. In presenting the award, the magazine's editors stated, "We have done our best to select the top five percent or so in a field that is thick with products and potential. A field that continues to grow beyond most people's expectations." NetConnect(TM) is a powerful telephony card allowing individuals to plug a telephone directly into a personal computer for low cost, high-quality long distance calls over the Internet. Unlike certain competing products, NetConnect(TM) allows consumers to hear a dial tone when placing a call, a ring when receiving a call and use a standard telephone -- even a cordless model -- instead of a microphone and external speakers to engage in full duplex (two-way) conversation. The product is currently available through the e-Net's retail Web site (www.enetconnect.com) as well as mail order catalogs such as PC Connection, PC Mall and Tiger Direct and is anticipated to be on the shelves of major consumer electronics retailers later this year. According to Robert Veschi, e-Net's President and CEO, "We are proud of this recognition from an industry-leading publication such as CTI Magazine. For Internet Telephony to be accepted by the mass market, VoIP solutions ideally should allow a consumer the ease of using a standard telephone as the interface, instead of an awkward and acoustically inferior microphone and headset. NetConnect(TM) addresses these issues at an attractive price point, while offering consumers high-quality voice over the Internet." Continued Mr. Veschi, "For the Internet Telephony Service Provider (ITSP), when the NetConnect(TM) card is utilized with e-Net's gatekeeper, gateway, billing system, and software-only client interface, we believe we are able to offer ITSPs a unique VoIP system for broad consumer use." About e-Net e-Net, Inc. is a recognized leader in developing hardware and software which allow voice to be transmitted over data networks, including IP, ATM, or Frame Relay. e-Net's suite of products are designed to allow ISPs, CLECs, and Cable TV operators to offer competitive long distance service over their data networks. By integrating hardware, software, and billing solutions, e-Net is able to offer customers a complete VoIP solution. For more information about e-Net, visit the company's Web site at www.datatelephony.com or call e-Net at 301-601-8700.