Forum Archive Index - May 2000

["Oliver Shapleski" <oliver.shapleski@vuw.ac.nz>]

Interesting to note a 9% fall today on the back of another announcement.  Volume moderate.  I wonder, if a company  makes two announcements in two days, is there a perception that the second announcement induces a belief that "it's just another PR season"?  If this is the case, would the second announcement then taint the first?

Perhaps no news sometimes really is good news?

 

 

TELEMEDIA NETWORKS INTERNATIONAL LIMITED      2000-05-18  ASX-SIGNAL-G

HOMEX - Melbourne                                                    

+++++++++++++++++++++++++
PRESS RELEASE

Lucent Technologies (NYSE:LU) today announced that Telemedia Networks
International, Ltd, is now a Premier member of Lucent's Partner
Program.  The Partner Program is a joint marketing initiative designed
to build industry awareness of innovative telecommunications solutions
based on Lucent's open programmable switching products.

The announcement was made at Lucent's Full Circle conference in San
Francisco on May 17, 2000.

Telemedia is a provider of advanced telecommunications systems and
consulting services to network operators and infrastructure
manufacturers worldwide.  The company's product lines encompass
enhanced services applications, call centre solutions, WAP and
e-commerce, landem/gateway switching and intelligent network
solutions. Telemedia's turnkey solutions and services incorporate
Lucent's EXS switching system into an open, scalable network solution
that supports diverse global signaling protocols, helps lower costs,
and speeds time to market.  By integrating its applications with
Lucent's open programmable switching platform, Telemedia can customize
offerings to provide enhanced services based on specific customer
demands.

Telemedia joined the Partner Program in early 1999, and the company
has achieved significant growth since that time.

"The commitment that Telemedia has to our partnership is evident in
the superior technical competence they have achieved in developing on
our platform," said Bill Kelly, Partner Program Manager for Lucent
Technologies.  "The high level of cooperation between our companies,
coupled with Telemedia's extensive global reach, has resulted in
increased opportunities to quickly meet the needs of carriers
worldwide."

The chief executive of Telemedia, Chris Jones, said the company was
delighted to become a Premier member of Lucent's Partner Program.

"Our clear vision is to build Telemedia into a leading global supplier
of value-added services to the telecommunications industry and,
through our partnership with Lucent, we will be able to offer our
innovative software solutions to even more carriers around the globe."