Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play? -- Ignore unavailable to you. Want to Upgrade?

To: Chisy who wrote (3078)	4/28/1999 10:45:00 AM
From: Linda Kaplan	Respond to of 3431

Headline: Glenayre and Vodafone Paging Sign Agreement to Develop Wireless Data Messaging ====================================================================== CHARLOTTE, N.C., April 28 /PRNewswire/ -- Glenayre Technologies Inc. (NASDAQ:GEMS) announced today that it has entered into a broad cooperative agreement with Vodafone Paging Limited, the paging company within Vodafone Group PLC, aimed at furthering the development of wireless data messaging. As part of this collaborative effort, the companies will be conducting market- focus trials aimed at identifying wireless network requirements for new generation infrastructure and interactive devices. Specific applications to be tested include wireless valued-added Internet- based messaging, wireless chat and information services. "Internet penetration rates in the United Kingdom are among the highest in Europe," stated Lee Ellison, senior vice president of sales and marketing at Glenayre. "We are pleased to be working with Vodafone, the leading wireless operator in the United Kingdom, to address the rapidly growing wireless data market." "Glenayre has a wealth of experience in wireless Internet messaging, and also has an established history for responding to our needs for product development," said John Smith, managing director of Vodafone Paging Ltd. "We are delighted to be working with them on this project." Vodafone Paging, a wholly-owned subsidiary of Vodafone Group Plc, is a leading paging operator in the UK. The company provides a range of services to the traditional contract paging market and continues to expand its personal paging 'Calling Party Pays' business with the Zap! service. For over 30 years, Glenayre Technologies Inc. has been developing and providing leading edge personal telecommunication systems, including products for paging and cellular networks. With over 2,200 employees and with products installed in 100 countries, Glenayre's net sales exceeded $399 million in 1998. Additional information about Glenayre is available on the company's Web site at: glenayre.com . SOURCE Glenayre Technologies Inc. -0- 04/28/99 /CONTACT: Mark Smalley of Glenayre Technologies Inc., Msmalley@glenayre.com, or 704-553-0038/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 111723/ /Web site: glenayre.com /