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


To: E. Graphs who wrote (42)2/19/1999 3:39:00 PM
From: J_W  Read Replies (1) | Respond to of 221
 
"Montevecchio is a curse! Where does the guy keep getting these shares that he so likes to dump."

Maybe he has a printing press...

Makes me wonder about the accruacy of this source. On 7/14/98 he had 786,322 shares and on 7/15 he sold 41,000 share and had 219,056 remaining. Doesn't add up.

Regards,

Jim



To: E. Graphs who wrote (42)2/22/1999 6:09:00 PM
From: J_W  Read Replies (2) | Respond to of 221
 
Veramark and Lucent Launch CAS NT Enterprise Call Accounting System
Business Wire - February 16, 1999 11:16
PITTSFORD, N.Y.--(BUSINESS WIRE)--Feb. 16, 1999--Veramark Technologies, Inc. (Nasdaq/NMS:VERA) today announced that it has begun shipping CAS NT, a new enterprise call accounting system, to Lucent Technologies (NYSE:LU) for resale by Lucent's sales force.

CAS NT controls network costs in small to mid-range enterprises by recording details of telecommunication usage and properly allocating the costs of network usage to appropriate cost centers and clients. CAS NT is a true 32 bit, fully Y2K compliant, call accounting applications that was specifically designed to run on computers running Microsoft Windows NT operating system, the de facto industry standard for enterprise client/server network computing.

CAS NT far exceeds the capacities and range of Veramark's previous call accounting systems. Network usage data for up to 5,000 users can be polled from up to 100 network locations using LAN, wide area network and dial-up facilities. Multiple operators can simultaneously access the underlying relational database manager to retrieve or update key system data.

CAS NT is a world-class network cost control system capable of managing network usage data collected from telecommunications systems around the world. CAS NT supports multiple currencies permitting cost center managers to view in one place all department costs, including those involving multi-national operations.

David G. Mazzella, Veramark President and CEO, stated, "This announcement is significant in two respects. Our call accounting product line will appeal to a broader class of customers with the introduction of an NT-based product. In addition, the introduction of CAS NT by Lucent Technologies strengthens our relationship with a key business partner."

Commenting on this announcement, Beau Kennedy, Lucent Technologies Call Accounting Market Manager, stated, "Windows NT is clearly our strategic applications platform for small to mid-range enterprise customers and CAS NT rounds out our telemanagement product line with this product introduction. We now can offer our entire range of enterprise customers a unique, high performance solution for controlling network usage costs."