To: M. Frank Greiffenstein who wrote (1536 ) 3/22/1999 12:30:00 PM From: Scrapps Respond to of 1682
Periphonics Receives $1.5 Million Order From A Leading 800/888 Service Provider BOHEMIA, N.Y.--(BUSINESS WIRE)--March 22, 1999--Periphonics Corporation (NASDAQ: PERI - news), a leading worldwide provider of products and services for call processing solutions used in Computer Telephony Integration and Telecom Enhanced Network Services, today announced that it has received an order for its VPS/is systems valued at approximately $1.5 million from a leading service bureau provider of customized 800/888 telephone interactive services to Fortune 500 companies. The Periphonics systems will be deployed to offer the service bureau's customers a solution suite that can address onsite and outsourced services, disaster recovery, overflow and peak call volume management. Based on the terms of the order, Periphonics expects to ship the systems and recognize the majority of the revenue during its current fiscal fourth quarter. Peter Cohen, Periphonics President and CEO, said, ''We're very excited about establishing this relationship with one of the leading players in the growing market for outsourcing call/transaction processing.'' Periphonics Corporation is a global leader in the development, marketing and support of products and professional services for Computer Telephony Integration (CTI) and Telecom Enhanced Network Services. The Company's products and services utilize such technologies as interactive voice response (IVR), advanced speech processing with large vocabulary recognition, natural language processing and text-to-speech, as well as interactive processing via Web browsers, messaging, and fax. Periphonics also provides comprehensive professional services including project management, software application development, call center integration and script and grammar development. The Company's products and professional services help its customers enhance their customer service offerings, increase caller satisfaction, reduce operating costs and often create new revenue opportunities by automating call and transaction processing. Periphonics is an ISO 9001/TickIT registered company with systems installed in more than 50 countries. For further information, visit our site on the World Wide Web at www.peri.com. biz.yahoo.com