Forum Archive Index - August 2000

["Ben Dutton" <bendutton@sharechat.co.nz>]

This deal is an incredible coup for Telemedia.

Cisco is held by more mutual-funds in the US than any other stock (Microsoft
included).

We could see some renewed interest in Telemedia from US
institutions/investors following this announcement.

IMHO, the potential for any downside in Telemedia's share price seems to be
minimal.

Best Regards,

Benjamin Dutton
(disc. no holding in TMN).


----- Original Message -----
From: "chas innes" <crjinnes@yahoo.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Wednesday, August 16, 2000 12:46 PM
Subject: [sharechat] Telemedia & Cisco


> 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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