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CGN Cognitronics Corp

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Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cognitronics Corp AMEX:CGN AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Cognitronics Announces Receipt of Orders for $1.2 Million

12/11/2004 9:05pm

PR Newswire (US)


Cognitronics (AMEX:CGN)
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Cognitronics Announces Receipt of Orders for $1.2 Million DANBURY, Conn., Nov. 12 /PRNewswire-FirstCall/ -- Cognitronics Corporation (AMEX:CGN) announced today the receipt of purchase orders aggregating approximately $1.2 million for an upgrade to CX 4000 Network Media Servers currently installed at a major telecommunications service provider's facilities to be delivered during the current quarter. "Our customer continues to upgrade the Cognitronics CX 4000 Network Media Server with additional revenue producing services," said Brian J. Kelley, president and chief executive officer of Cognitronics. "Cognitronics' CX Series products support real-time call announcing, voice mail, privacy service and other call intercept applications. "The market acceptance of our new platforms continues to expand. We look forward to additional project implementations as our customers introduce new application requirements." Cognitronics is a leading supplier of media server solutions to the telecommunications industry. The company's Cognitronics Exchange Network Media Servers (CX Series) are a cost-effective and highly scalable family of carrier class media server platforms, delivering advanced network media solutions in VoIP networks as well as in traditional AIN and TDM circuit switched and mixed network environments. For more information, visit the company's website at http://www.cognitronics.com/. Statements contained herein which are not historical facts are forward- looking statements. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks and uncertainties including, but not limited to, the continuance of reduced capital expenditures throughout the telecommunications market, variability of sales volume from quarter to quarter, product demand, market acceptance, litigation, risk of dependence on significant customers, third party suppliers and intellectual property rights, risks in product and technology development and other risk factors detailed in the company's Securities and Exchange Commission filings. DATASOURCE: Cognitronics Corporation CONTACT: Harold F. Mayer of Cognitronics Corporation, +1-203-830-3494 Web site: http://www.cognitronics.com/

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