Forum Archive Index - August 2000

[chas innes <crjinnes@yahoo.co.nz>]

Judging by TMN's latest announcement, I have to go
along with Frank Fernandez's view that Commsoft would
have a hard road to match Chris Jones' Telemedia. The
price has just surged 40c by the way.


TELEMEDIA NETWORKS INTERNATIONAL LIMITED 2000-08-16
ASX-SIGNAL-G
+++++++++++++++++++++++++
Telemedia today announced a new strategic alliance
that will see it uniting forces on a global scale with
US computer hardware giant Cisco Systems
(NASDAQ:CSCO).

Under the agreement, Telemedia has become a Cisco
Voice-Application Partner (CVAP), which will enable it
to offer customers around the world tailor-made
solutions combining Cisco programmble switches with
Telemedia software applications.

Telemedia's solutions and products will now be sold by
Cisco's 13,000-strong worldwide sales force while no
other Cisco partner has the geographic presence of
Telemedia.

Chief executive of Telemedia Networks International
Chris Jones said the partnership is the start of a
long-term strategic alliance that will deliver
significant benefits to both companies.

"We're delighted to have signed this partnership
agreement with Cisco, which will see Telemedia become
Cisco's largest Value-Added Partner in both sales and
support.

"It is yet another strong endorsement of the quality
and application of Telemedia's innovative software and
global support infrastructure.

"Cisco holds the No.1 or No.2 market share in
virtually every market segment in which it
participates and there is Cisco equipment in almost
every switch-room around the world.

"To be aligned with the market leader in end-to-end
networking solutions will enable Telemedia to offer
winning products and services to our customers and
significantly expand our customer base," says Jones.

Since becoming a public company in 1990, Cisco's
annual revenues have increased from $69 million to
$12.2 billion in 1999.

Cisco manager of channel operations David Woodward
said Telemedia's proven success meant the company was
an obvious choice to partner with Cisco.

"Telemedia is a perfect fit for Cisco. We were looking
for a company that would provide a proven reliable
platform, an outstanding track record and 24 hour
global sales support and expertise.

"Our CVAP certification reflects Telemedia's
commitment to providing value-added software and
solutions that meet - and exceed - their customers'
requirements."

Telemedia now has a global installed base of enhanced
service solutions with more than 130 installations
across 69 telecom service providers in 35 countries,
providing worldwide 24 hour live support
infrastructure stretching across six continents.

Cisco sells its product in approximately 115 countries
via the internet and through a direct sales force,
distributors, value-added resellers and system
integrators.

 

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