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Technology Stocks : Crys*Tel Telecommunications.com, Inc. (CYSS) -- Ignore unavailable to you. Want to Upgrade?

To: Chief who wrote (135)	4/14/1999 9:34:00 AM
From: Chief	Read Replies (1) \| Respond to of 338

**HOW SWEET IT IS !! April 14, 1999 09:21 Major International Carriers to Form IP Telephony Network With Nokia Platform LAS VEGAS--(BUSINESS WIRE)--April 14, 1999--Nokia (NYSE:NOK.A), a leading IP Telephony solutions provider, and TeleMatrix, a Tokyo based telecommunications carrier, announced today interconnection agreements between TeleMatrix and two other internationally established carriers creating one of the world's largest IP Telephony networks. This agreement interconnects the TeleMatrix network with both Crys-Tel Telecommunications, of British Columbia, and Abacus Telecom of Paris. The Nokia IP Telephony platform is the foundation for this network expansion which will include more than 100 deployed points of presence, covering North America, Europe and Asia. This is a "win-win-win" scenario. All three carriers will instantly benefit from the agreements by expanding coverage for their existing customers, as well as being able to attract new customers. "TeleMatrix is an IP Telephony pioneer, and we continue to expand our network internationally through direct deployments. These agreements allow us to aggressively enter new calling areas, and generate new revenues while also building relationships to develop value-added services that can be offered network-wide." said David Kleiman, vice president, North American Operations, TeleMatrix. "These interconnection agreements illustrate a maturing IP Telephony market," said T. Kent Elliott, vice president and general manager, Nokia IP Telephony. "We expect that more IP Telephony Service Providers will look to expand their International coverage through both direct deployments and through interconnection agreements such as this." "Nokia's unique distributed architecture allows the formation of this alliance, resulting in expanded services and incremental revenues while enabling all three organizations to control our own networks," said Edward Yau, president of Crys-Tel Telecommunications. "Unlike a typical IP Telephony consortium, this relationship not only enables us to rapidly expand our network but it also allows us to pursue our own independent business plans." said Didier Leclerc, president, Abacus Telecom. About TeleMatrix TeleMatrix is a division of Chiyoda Corporation, a 24-year-old Tokyo-based company. Since its establishment in August 1994, TeleMatrix has aggressively positioned itself as a leader in cost-effective international communication systems. Licensed as a Type II telecommunications carrier by the Japanese government, TeleMatrix has strategic alliances with several FCC licensed providers and carriers with telecommunication switching equipment and computer networking systems located around the globe. With their own switching facilities and network operations center based in Tokyo, TeleMatrix has grown into a telecommunications company offering high quality, low-cost telecommunications solutions, backed by professional, multi-lingual customer service. For more information, visit the TeleMatrix website at telematrix.co.jp. About Crys-Tel Telecommunications Crys-Tel Telecommunications Inc., based in Vancouver, British Columbia, (OTC BB:CYSS) 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. Warm regards, Chief