American Paging and AirTouch to test Nexus two-way messaging system.TEL TEL Telephone TEL Telegram TEL Telugu (langauge) TEL Terrorist Exclusion List TEL Technology-Enhanced Learning TEL Transporter-Erector-Launcher TEL Tetra-Ethyl Lead TEL Team Deutsche Telekom AVIV--(BUSINESS WIRE)--Feb. 26, 1996--Nexus Telecommunication Systems, Ltd. (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 :NXUSF, NXUWF, NXUZF and NXULF) today announced that AirTouch Paging and American Paging Inc. (AMEX AMEX See: American Stock Exchange :APP) have decided to joint test the digital, spread-spectrum, Two-Way messaging system developed by Nexus. The test will be conducted in Chicago beginning in March and continuing through August 1996. The patented technology provides carriers with the ability to add a low-cost wireless return network to an existing outbound paging network, minimizing additional capital and operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. . The Nexus system utilizes existing 900 MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. channels for outbound communication coupled with a return channel over the unlicensed industrial, scientific an medical ("ISM") 902-928 MHz frequency band. During the trial, the companies will evaluate Nexus infrastructure equipment and TAG-Pager Two-Way messaging devices. The trial will be used to determine customer preferences for new service offerings. The test will also demonstrate the ability of the Nexus system to serve simultaneously multiple operators in a demanding environment like Chicago. "We are delighted go have earned this recognition in the U.S. market," stated Dr. Amnon Shefi, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Nexus. "U.S. carriers interested in adopting the Nexus Two-Way messaging technology will benefit from low cost capital and operating structure our system can provide. American Paging and AirTouch will also benefit from our development and manufacturing alliances with Samsung and Rockwell and our cooperation with Gleanyre." Yaron Sheinman, chairman of Nexus concluded "Nexus is entering an exciting period in which the technology will be used by customers in a large and demanding metropolitan area like Chicago in addition to the deployment of the ordered systems in Russia and Australia." Nexus Telecommunication Systems Ltd. is engaged in the development, manufacturing and marketing of low-power wireless communication and location systems through the application of patented digital spread-spectrum technologies. Nexus is a 27% owned affiliate of BVR BVR Beyond Visual Range BVR Business Valuation Review (journal) BVR Biliverdin Reductase BVR Bureau of Vocational Rehabilitation BVR Bulletin de Versement (French) Technologies Ltd. (NASDAQ:BVRTF) which is one of Nexus founders. CONTACT: Nexus Telecommunication Systems Ltd., Tel Aviv Ariel Poppel, 011-972-3-571-0226 |
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