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To: TE who wrote (245)2/2/1999 9:53:00 AM
From: mikekell  Read Replies (1) | Respond to of 397
 
Crys-Tel Telecommunications Chooses Nokia IP Telephony Platform for International Multimedia Network

KANATA, Ontario, Canada--(BUSINESS WIRE)--Feb. 2, 1999--Nokia (NYSE:NOK.A - news), a leading Internet Protocol Telephony solutions provider, Tuesday announced that Crys-Tel Telecommunications Inc. (OTC BB:CYSS - news) has chosen the Nokia platform to build an international multimedia network that will ultimately connect more than 200 points-of-presence (POPs) worldwide.

The Nokia IP Telephony platform includes advanced call-processing software, back-office technologies, IP-to-PSTN gateways, client applications and IP devices. The distributed nature of this platform allows carriers such as Crys-Tel to rapidly implement networks that span continents, while managing and maintaining the network from a single location.

The first phase of Crys-Tel's network rollout, which has been in place and handling commercial traffic since November 1998, targets European international calling areas. Subsequent phases of the project will extend the network to include domestic traffic within European countries and POPs in strategic areas of Australia and Asia.

''We enable retail customers, consortium partners, as well as other carriers, to direct international voice and FAX traffic over our network at significantly reduced rates,'' said Edward Yau, president of Crys-Tel Telecommunications.

''Nokia's unique distributed architecture, experience in deploying networks of this size and complexity, as well as their strong partnership attributes, match our business plans both today and into the future,'' said Yau.

''In this exploding market, carriers require a reliable, scalable foundation on which to rapidly build cutting-edge networks that can deliver multiple services,'' said T. Kent Elliott, vice president and general manager, Nokia IP Telephony. ''We are very pleased to be working with Crys-Tel and know that their deployment of the Nokia solution will give them the competitive edge they need.''

About Crys-Tel Telecommunications

Crys-Tel Telecommunications, based in Vancouver, British Columbia, Canada, is a facilities-based international carrier utilizing the Internet to provide economical international telecommunications services.

The company operates both as a wholesale carrier for international long-distance resellers and as a retail carrier, servicing its own network and marketing the use of its network to consumers in designated areas.

Crys-Tel combines advanced engineering and system integration along with the high resiliency of Nokia's solution to ensure users high-quality services over the Crys-Tel Network.

About Nokia

Nokia IP Telephony, formerly Vienna Systems Corp., develops and markets hardware and software products and client devices to provide complete IP voice networking solutions for telephone and Internet service providers, cable companies and corporations that want to offer new services or reduce information technology costs by integrating voice in IP-based networks.

Nokia offers carrier-class solutions to residential gateways, call-processing servers, telephones and PC software that lead the industry in scalability, reliability and voice quality. 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 sales totaled FIM 79.2 billion (US $15.7 billion, EUR 13.3 billion). With headquarters in Finland, Nokia is listed on five European stock exchanges and on the New York Stock Exchange, has sales in more than 130 countries and employs more than 44,000 people worldwide.




To: TE who wrote (245)2/3/1999 9:59:00 PM
From: M.Hicks  Read Replies (1) | Respond to of 397
 
.....there was some concerns at the SEC.

My point is, from what I have read, and from what I have been told, I am not convinced the SEC acted on their own.

I wonder if they took action because THEY had some concerns, or rather if some ONE put a bug in their ear? Even the IRS can pull an audit on you because someone simply turned you in. It doesn't mean you were doing anything wrong, but suddenly you are having to defend yourself.

How does anyone know anything about the facts here? All I have heard is.....'just wait and see'....but that isn't a good enough reason. The truth is that some individual(s), group, or whatever wants to see this company go down in flames, and is trying to acomplish that by any means at their disposal.

These forums provide an outlet for those with an agenda. Anyone at anytime can say anything about anybody.....true or false.