Avantel selects Accugraph software tools and services; Software company to provide infrastructure management solutions to Mexican long distance carrier.EL PASO, Texas--(BUSINESS WIRE)--July 17, 1996--Accugraph Corp. (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 :ACCUF)(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :ACU ACU See: Asian currency units .A) Wednesday announced that it has entered into an agreement to sell more than $1 million in software and services to Avantel, a Mexican telecommunications service provider A Telecommunications Service Provider or TSP is a type of Communications Service Provider that has traditionally provided telephone and similar services. This category includes ILECs, CLECs, and mobile wireless companies. . The deal, which marks an important step in the software developer's penetration of Latin American markets, calls for Accugraph to supply a full complement of its central office infrastructure management software. Avantel is a leading telecommunications company committed to improving quality, value and diversity of long distance services in Mexico. The company, which is a joint venture between MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. and Banacci, a leading Mexican financial group, will provide a full suite of domestic and global communications. When Mexico privatized its long distance services with the sale of seven licenses to foreign investors, prospective licensees were required to form partnerships with Mexican companies. MCI is providing state-of-the-art networking capabilities to the new venture, which will begin operations officially in January 1997. Accugraph is a global leader in the development, marketing and implementation of UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). (R)- and PC-based management tools for enterprise networks and telecommunications facilities. The company's software applications integrate robust graphics and comprehensive documentation to help telecommunications engineers and network administrators build complete electronic models of their increasingly complex infrastructures. The sale of software and services is an important phase of Accugraph's overall corporate strategy. According to Ron Munden, Sr. V.P. for Accugraph, "Our objective is to build a model installation at Avantel so that others throughout Latin America will want to enhance their operations with our software." Munden added, "It's exciting to work with Avantel because they're on the fast track, and they don't have the legacy systems or bureaucracies to encumber To burden property by way of a charge that must be removed before ownership is free and clear. Property subject to an encumbrance may have a lien or mortgage imposed upon it. them. They choose their best people, and empower them to acquire and implement the latest technologies and the best processes to build and manage their new infrastructures." Accugraph's Network Information Software is a key element in network and facility management, telecommunications and infrastructure design. The company's corporate headquarters is in El Paso with research and development facilities in El Paso and Huntsville, Ala. Accugraph is publicly traded on Nasdaq National Market (Symbol:ACCUF) and on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (Symbol:ACU.A). CONTACT: Accugraph Corp., El Paso Ron Munden or David Claudio, 915/581-1171 |
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