To: John Nash who wrote (44 ) 3/30/1999 4:45:00 PM From: John Nash Read Replies (2) | Respond to of 75
Just trying to keep the thread up to date: We're still trading below book value. Do the DD and Get on the bus. MTS Announces Agreement With ECI Telecom for Supply of Fault Management Solution PR Newswire - March 30, 1999 09:39 BNEI BRAK, Israel, March 30 /PRNewswire/ -- MTS - MER Telemanagement Solutions Ltd. (Nasdaq: MTSLF), a leading global supplier of a wide range of solutions for the telecommunications industry, today announced an agreement with ECI Telecom (Nasdaq: ECILF) for the supply of a fault management system for ECI Telecom's transmission networks. The new system was developed for ECI Telecom based on MTS's TABS ALARM(TM) System and will be distributed worldwide by ECITelecom under the brand name of ECI Alarms Dispatcher. TABS ALARM(TM) is the PBX Fault Manager of choice for many PBX manufacturers worldwide, because of its unique features and seamless support in handling multi-vendor PBX networks. MTS TABS ALARM(TM) offers the best solution for full automation of the analysis and dispatch process of all system alarms in unattended management sites. Customers will benefit with reduced system down time and increased efficiency without the need for additional personnel. "Our agreement with ECI Telecom is the first step towards expanding our circle of customers beyond PBX Fault Management", said Mr. Eran Shapiro, Product Manager, TABS ALARM(TM). "We are now targeting fast growing segments of the telecommunications and data communications markets, which require timely and cost-effective solutions for fault management of their networks." "This agreement is an important addition to our strategy of focusing on the international marketplace", said Alon Aginsky, MTS's VP Sales and Marketing. "We are pleased that ECI Telecom chose MTS, and trust this cooperation will benefit both companies revenue targets." Mr. Eli Hakim, Network Systems Associate Vice President, Marketing & Product Management, at ECI Telecom commented: "This new product provides true value to the customers of our telecom operators by providing an innovative management tool which controls the network in real-time. By distributing all alarm messages from the management sites to end-users located anywhere in the field, this tool will allow automatic fast network maintenance, reduce down time, and increase customer satisfaction". MER Telemanagement Solutions designs develops, markets and supports a comprehensive line of telecommunications management solutions that enable business and other enterprises to effectively manage their communication resources. The Company's products include call accounting and management products, toll fraud detection systems and PBX (Private Branch Exchange) fault management systems. These products are designed to provide telecommunications and information technology managers with tools to reduce communications costs, recover charges payable by third parties, detect and prevent abuse and misuse of telephone networks and detect hardware and software faults. The Company supports its products worldwide through the use of its own sales and support offices, as well as local dealers and OEM contracts. (Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of the Company and its competitors, risk of operations in Israel, government regulations, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company's United Securities and Exchange Commission filings.) SOURCE MTS-MER Telemanagement Solutions, Ltd