AG Communication Systems to resell Precision Systems' Uniport(tm) Product line; AT&T and GTE Joint Venture to Make UniPort the Core of New Advanced Intelligent Network Offering.ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Sept. 14, 1995-- Precision Systems (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PSYS PSYS Pressure Systems (weather forecasts) PSYS Pseudo System PSYS Public Access Catalog System ) announced Thursday that AG Communication Systems will sell, support, and distribute Precision Systems' UniPort enhanced services platform as the INgage(tm) Enhanced Services Platform in their line of advanced intelligent network (AIN) products and services. AG Communications Systems is a joint venture of AT&T and GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) , established to sell and support network-based telephony equipment. UniPort will be programmed with INgage enhanced services applications including voice activated dialing, debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. , short message service, facsimile, single number service, and simultaneous ring. "With the INgage ESP (1) (Enhanced Service Provider) An organization that adds value to basic telephone service by offering such features as call-forwarding, call-detailing and protocol conversion. , we can offer our customers total solutions -- or one stop shopping -- for value-added services," said Gerry Bobeczko, vice president and general manager of AG Communication Systems' INgage business unit. "Precision Systems has the technology we want to offer our customers. We've got the software expertise, size, and reputation to get the product to market and support it long afterward." AG Communication Systems, a joint venture of AT&T and GTE, is a leading developer and manufacturer of advanced telecommunication products and services, including its INgage family of AIN products. The company's digital switching systems Switching systems (communications) The assemblies of switching and control devices provided so that any station in a communications system may be connected as desired with any other station. serve more than 17 million customers worldwide, accounting for more than $265 million in revenue last year. Precision Systems Inc. provides state-of-the-art network-based enhanced services communications solutions. The company's product lines deploy interactive voice, data, and video technologies on a unified software platform, enabling wireless and wired communications providers to be first-to-market with value-added service offerings. CONTACT: Precision Systems Inc., St. Petersburg John Hindman, Chief Financial Officer 813/572.9300, ext. 3205 |
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