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Ls 2x Citi | LSE:CITE | London | Exchange Traded Fund |
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0.00 | 0.00% | 2.5401 | 0 | 00:00:00 |
RNS Number:0730E Citel PLC 19 September 2007 Citel Signs Agreement with a leading Carrier to Supply VoIP Migration Equipment in the Caribbean and Central America Initial stocking order for over $275,000 to be delivered in September 2007 Citel, The VoIP Migration Company(TM) (LSE AIM: CITE.L) today announced that it has signed an agreement with a leading Carrier in the Caribbean and Central America. The agreement commences with an initial stocking order for over 3,000 ports of Portico(TM) Telephone VoIP Adapters (TVA(TM)) for a total consideration of over $275,000. The Carrier initially ordered over 1,000 ports of Portico TVA units and has now increased its order to 3,000 ports in total to support the rollout of its hosted IP telephony service. Portico TVA will be offered as part of its hosted IP service to simplify VoIP migration for their large installed base of PBX and Key system enterprise customers. "I am pleased to report that our strategy of focusing on end users and smaller carriers is generating positive results for the business," said Mike Robinson, Chief Executive, Citel. "Today's announcement reflects this momentum, beginning with an initial stocking order from a significant new partner." The Carrier's BroadSoft, Inc. BroadWorks(R) based enterprise telephony service, combined with Citel's Portico TVA, enables enterprises of all sizes to obtain the feature and cost-savings benefits of VoIP utilizing their existing business telephones and wiring infrastructure. The Citel Portico TVA is available with 12 or 24 ports in digital (PBX), P phone (Centrex), and analog compatible configurations. It interoperates with more than 75 handset types including Avaya Definity(R), NEC DTERM, Nortel Meridian(R) and Norstar(R), Panasonic DBS, and Toshiba Strata DK. About Citel plc. Citel enables SMBs, large enterprises and service providers to realize the cost and productivity benefits of IP telephony while at the same time leveraging their existing PBX infrastructure. Businesses with single or distributed locations and PBX vendors can now deploy next-generation IP applications and services at their own pace, with little business disruption. Service providers can deploy hosted IP telephony services quickly, without having to "rip and replace" existing enterprise PBX handsets and LAN cabling. Citel is a publicly traded company on the London Stock Exchange (AIM) with corporate headquarters in Seattle, and development offices in Calgary, Alberta (Canada) and Nottingham, England (UK). For more information, visit www.citel.com. The contents of this Press Release may contain forward-looking statements which can be generally identified as such because the context of the statement will include the words such as Citel plc "expects", "should", "believes", "anticipates" or words of similar import. Such forward looking statements are subject to certain risks and uncertainties including the financial performance of Citel plc which could cause actual results, performance or achievements of Citel plc to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. This Press Release does not constitute or form any part of any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for any securities in any jurisdiction, nor shall it (or any part of it) or the fact of its distribution form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment therefore". # # # # Copyright 2007, Citel plc. All Rights Reserved. Citel, Portico, TVA, and The VoIP Migration Company are either trademarks or registered trademarks of Citel. All other product and company names mentioned herein may be trademarks of their respective owners. Contact Details: Citel Mike Robinson, CEO 001 206 965 8920 Jose David, CFO 001 206 965 8925 Panmure Gordon Dominic Morley +44 (0)20 7459 3600 Giles Stewart Andrew Collins Cardew Tim Robertson +44 (0)20 7930 0777 Shan Shan Willenbrock David Roach This information is provided by RNS The company news service from the London Stock Exchange END AGRVVLFFDKBFBBL
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