Artisoft Introduces TeleVantage Small Office Edition; Turnkey Software-based Phone System Delivers Advanced Features and Affordability.Business/Technology Editors CAMBRIDGE, Mass.--(BUSINESS WIRE)--Oct. 24, 2001 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 ), developer of the first software-based phone system, today announced the availability of TeleVantage(R) Small Office Edition, a turnkey bundled solution that enables small businesses to gain access to a sophisticated telephone system at an affordable price. Targeted for businesses with up to eight employees, TeleVantage Small Office Edition delivers a flexible feature set and a standards-based architecture that can easily expand and upgrade, providing small office owners with a solid return on their investment. The TeleVantage Small Office Edition is priced at $3,995 (MSRP MSRP Manufacturer's Suggested Retail Price MSRP Message Session Relay Protocol MSRP Multi-Species Recovery Plan (US Fish & Wildlife Service) MSRP Member of the Society for Radiological Protection (UK) ) and comes fully equipped to support up to four telephone lines and eight handsets. The turnkey bundle includes: --Eight full-featured LCD handsets, pre-programmed with softkey access to TeleVantage features including transfer, park, conference, access to voicemail and more. TeleVantage Small Office Edition also supports full-duplex speaker phones, cordless phones, and headsets. --Award-winning TeleVantage 4.0 software that delivers full voice mail, multi-level auto attendant The part of an interactive voice response (IVR) system that replaces the human operator and directs callers to the appropriate extensions or voice mailboxes. See IVR. , call forwarding call forwarding n. A telephone service that enables a customer to have an incoming call automatically rerouted to another extension. Noun 1. , and graphical administration for up to eight users. The system can be upgraded with add-on software modules to support graphical call control through desktop PCs or meet the needs of advanced call centers. The TeleVantage 4.0 software can be expanded to support up to 264 users. --Standard Intel(R) Dialogic voice processing The computerized handling of voice, which includes voice store and forward, voice response, voice recognition and text to speech technologies. hardware that supports four analog trunks and eight handsets. The system can be expanded as needed as needed prn. See prn order. to support larger configurations up to 264 handsets and 96 trunks including analog, T1, E1, ISDN PRI ISDN PRI Integrated Services Digital Network Primary Rate Interface (also seen as ISDN-PRI) , BRI See ISDN. BRI - Basic Rate Interface , and VoIP. --Standard industrial communications server running Microsoft Windows 2000. "TeleVantage Small Office Edition opens up a whole new opportunity for software PBX (Private Branch eXchange) An inhouse telephone switching system that interconnects telephone extensions to each other as well as to the outside telephone network (PSTN). installations to my customers," said Andrew Palenscar, 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 True Data Technology, an authorized Artisoft Solution Provider. "With prices under $4,000, TeleVantage can now effectively capture sales in the sizable small office market." TeleVantage is a feature-rich, software-based phone system that delivers greater flexibility, reliability and lower cost of ownership for small to midsize businesses. Its robust feature set includes intelligent call management, powerful call center functionality, advanced IP telephony, comprehensive messaging, and graphical desktop call control. Built on open-systems architecture, TeleVantage provides greater value while safeguarding a business' investment for the future. "We are seeing increased demand for TeleVantage from small office customers who want to increase their productivity and have greater flexibility in their businesses," said Steve Manson, Artisoft's President and CEO. "With TeleVantage Small Office Edition, small businesses can invest in a technology that meets their limited budgets today while supporting their growth plans for the future." About Artisoft Artisoft, Inc. is a leading developer of open, standards-based telephone systems that bring together voice and data for more powerful and productive communications. Designed specifically for small to midsize businesses, corporate branch offices, and call centers, Artisoft's TeleVantage delivers greater functionality, flexibility and value than proprietary PBXs. Artisoft's innovative software products have received more than 30 industry awards including "Product of the Year," "Best of Show," and "Editors' Choice" by Network Magazine, Communications Solutions Magazine and Customer Inter@action Solutions Magazine. The company distributes its products and services worldwide through a dedicated and growing channel of authorized resellers. For more information, please call 800-914-9985 or visit our website, 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. 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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