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Strategies & Market Trends : STEAMROLLER'S DAYTRADES -- Ignore unavailable to you. Want to Upgrade?

To: STEAMROLLER who wrote (1547)	5/26/1999 6:06:00 PM
From: STEAMROLLER	Read Replies (1) \| Respond to of 1561

Tekelec Announces EAGLE STP Sale to Vodafone Network Pty. Ltd.; Continuing to Provide the Infrastructure for Australian Communications MORRISVILLE, N.C.--(BUSINESS WIRE)--May 26, 1999--Tekelec (Nasdaq:TKLC) announced today the first quarter sale of EAGLE Signaling Transfer Points (STPs) to Vodafone Network Pty. Ltd., an Australian subsidiary of one of the largest mobile telecommunications companies in the world, Vodafone Group PLC, based in Great Britain. Acknowledging the benefits of dedicated STP-based signaling infrastructure, Vodafone Network will supplement several in-service combined mobile switch centers (MSCs) and STPs with a mated pair of Tekelec's EAGLE STPs. Vodafone Network also purchased a lab model for network interoperablity testing and certification. With over 1 million customers and a global system for mobile communications (GSM) network that covers in excess of 92 percent of the population of Australia, Vodafone Network is the most recent entry into Australia's GSM operator market. Three other Australian operators, Primus, Telstra, and Optus/Cable and Wireless, are also Tekelec customers. "The addition of EAGLE STPs increases the efficiency of Vodafone's network, ensuring reliable services to our customers," said Jonathan Withers, technical director of Vodafone Network. "This sale clearly demonstrates customer confidence and the long-term success of Tekelec's EAGLE STP, confirming its position as a best-in-class STP," said Cecil Boyd, vice-president and general manager of Tekelec's Network Switching Division. "Vodafone is our fourth pair of EAGLEs sold in Australia." Established in the UK in 1985, the Vodafone Group made an immediate impact, soon capturing over 50 percent of the UK mobile phone market. Now Vodafone has mobile communications networks in over 13 countries, serving more than 10.4 million customers around the world. Tekelec, the world's leading supplier of signaling and control systems, develops innovative network switching and diagnostic solutions that enable the convergence of traditional and converged wireline, wireless and IP voice and data communications networks. The company also provides products and solutions for call centers and other telecommunications markets. Tekelec has its headquarters in Calabasas, Calif., and divisions in Morrisville, N.C., and Richardson, Texas. For more information, please visit www.tekelec.com. The Tekelec logo and EAGLE are registered trademarks of Tekelec.