Artisoft Expands Its Global Presence Through Euroline Partnership; Norwegian Company to Distribute Award-Winning TeleVantage Software-Based Phone System.Business/Technology Editors CAMBRIDGE, Mass.--(BUSINESS WIRE)--July 20, 2000 Artisoft(R), Inc. (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 : ASFT ASFT Airport Surface Friction Tester ), a leading developer of software-based phone systems, today announced that it has signed an agreement with Euroline, an established value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. distributor of communications and networking products, to distribute Artisoft's TeleVantage(R) phone system to Euroline's network of over 20 computer telephony See CTI, VoIP and IP telephony. Computer Telephony - Computer Telephone Integration (CT) partners in Norway. With a dedicated team specially trained on Dialogic hardware, upon which TeleVantage's open system architecture is based, and an impressive dealer network, Euroline is well positioned to introduce this award-winning CT solution into the Norwegian market. Euroline plans to take advantage of TeleVantage's open software architecture to provide a highly flexible and less expensive alternative to traditional, proprietary phone systems. With over fifteen years experience selling into the European marketplace and ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9002 certification, Euroline has a reputation for delivering high level, quality service at competitive pricing. Euroline's past experience and commitment to forming long-term relationships with customers and partners will enable them to effectively meet the growing demand for CT solutions in their marketplace. "As a strategic provider of computer telephony solutions, we selected Artisoft's market leading software-based phone system, TeleVantage, to play an integral role in our success," said Brian Brown, 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 Euroline. "In the heavily competitive CT marketplace in Scandinavia, TeleVantage will enable us to readily supply our small- to mid-sized customers with a flexible long-term phone system that will grow as their businesses grow." TeleVantage provides intelligent call management, ACD (Automatic Call Distributor) A computerized phone system that responds to the caller with a voice menu and connects the call to the appropriate agent. It can also distribute calls equally to agents. functionality, IP Telephony, Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. capability and messaging features for up to 96 trunk lines and 264 extensions. It is a flexible, upgradeable software solution that operates on Windows NT/2000 systems and uses off-the-shelf computer, wiring and telephony hardware. TeleVantage enables PC users on a network to see and hear voice messages, graphically manage their own calls and integrate phone and e-mail messaging. "The demand for proven computer telephony solutions worldwide, especially standards-based software-phone systems, has enabled us to quickly expand our international presence into the Norwegian marketplace," said Jonathan Ross, vice president of sales for Artisoft. "This new relationship with Euroline proves that TeleVantage's positive reputation is successfully penetrating global markets, with its unique IP and Web capabilities, flexibility and scalability." About Euroline AS Euroline is headquartered in Drammen, Norway, a small city just outside of Oslo, Norway. The company was established in 1991. As a VAD (Value Added Dealer) Same as VAR. it specializes in the distribution of communications and networking products to the PC-aftermarket through its dealer network. Euroline has a subsidiary in Glostrup, Denmark on the outskirts of Copenhagen. Euroline is highly respected for its quality of service and has been ISO9002 certified since April 1998. Euroline is involved in several business areas: Async/Sync/ISDN and RAS (1) See network access server. (2) (Remote Access Service) A Windows NT/2000 Server feature that allows remote users access to the network from their Windows laptops or desktops via modem. See RRAS and network access server. hardware, LAN-fax and VoiceMail, Remote-Control and CTI (Computer Telephone Integration) Combining data with voice systems in order to enhance telephone services. For example, automatic number identification (ANI) allows a caller's records to be retrieved from the database while the call is routed to the appropriate party. Systems. Euroline is one of the largest suppliers of Voice, and LAN-fax products in Scandinavia. About Artisoft Artisoft, Inc. (NASDAQ: ASFT) of Cambridge, Mass., is a leading developer of software-based phone systems for small- to medium-sized businesses and corporate branch offices. Artisoft's innovative software products have received more than 100 industry awards including "Product of the Year", "Best of Show" and "Editors' Choice" by PC Magazine, Network Magazine, VARBusiness, CT Magazine, Communications Solutions Magazine and CTI Magazine among others. The company distributes its products worldwide. For more information, please call Artisoft at 800-914-9985 or visit http://www.artisoft.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This release may contain forward-looking statements that involve risks and uncertainties. There can be no assurances that the company will achieve a final agreement with Intel in the terms as defined in the above press release. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are the impact of competitive products and pricing, product demand and market acceptance risks, the presence of competitors with greater financial resources, product development and commercialization risks, costs associated with integration and administration of acquired operations, capacity and supply constraints or difficulties, the results of financing efforts and other factors detailed in the Company's filings with the Securities and Exchange Commission including its recent filings on Forms 10-K and 10-Q. Artisoft and TeleVantage are registered trademarks of Artisoft, Inc. All other company and product names mentioned may be trademarks or registered trademarks of the respective companies with which they are associated. |
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