CAIS Internet's OverVoice Chosen by Teledex Corporation as a High Speed Internet Access Feature in Up to 3.4 Million Desktop Telephones Worldwide.WASHINGTON--(BUSINESS WIRE)--June 21, 1999-- Leader in Delivering Multi-Point Internet Distribution for Hotels and Leader in Telephone Equipment for Hotels Announce Agreement CAIS CAIS - Common APSE Interface Specification Internet (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 : CAIS) announced today that the leading provider of hotel in-room guest telephones, Teledex Corporation, will support CAIS Internet's OverVoice technology in Teledex's new TeamNet telephone products -- marking the growing selection of CAIS's OverVoice technology for high speed Internet applications for hotels. The agreement has the potential to expand the availability of CAIS Internet's OverVoice for up to 3.4 million telephones that Teledex has shipped worldwide. Teledex Corporation will introduce at HITEC HITEC Highway Innovative Technology Evaluation Center the new TeamNet high speed Internet support accessory that attaches underneath Teledex's Diamond, Millennium and Opal telephones. TeamNet is the only solution that allows the hotelier to upgrade their guest room telephone to support the new high speed Internet connectivity options using a hotel's existing wiring. "OverVoice is a natural choice because of its compact patented technology that delivers high speed Internet access See how to access the Internet. using existing wires, just like TeamNet products," said Ron Lesniak, President of Teledex Corporation. "CAIS Internet's OverVoice in guest rooms is a benefit for business travelers, and a simple solution for hotels installing high speed Internet access." CAIS Internet -- the supplier of OverVoice patented technology that enables multi-point distribution of high speed Internet up to 10 Mbps - will work with Teledex to manufacture the CAIS OverVoice devices under CAIS's standards and include them in Teledex's TeamNet telephones. "We're pleased to expand the reach of OverVoice in hotels with Teledex Corporation's TeamNet products," said Ulysses G. Auger II, 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. , CAIS Internet. "Their equipment and our technology will take another great stride in delivering high speed Internet access to the business traveler." About Teledex Corporation Founded in 1985, Teledex is recognized as one of the fastest growing private companies in San Jose/Silicon Valley. This growth has established Teledex as the worldwide leader in providing high quality and durable guestroom telecommunications products to the hospitality industry. Teledex's products are approved for use throughout the world and have been selected as a preferred product by most major hotel chains as well as a number of multi-national corporations. Headquartered in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. , Teledex maintains business offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. as well as in Peru, United Kingdom, Beijing, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. and Singapore. Teledex Corporation is a full service organization which designs, manufactures and markets a full range of communications products addressing the hospitality, corporate and consumer markets. Additional information on Teledex can be found at www.teledex.com. About OverVoice by CAIS Internet OverVoice technology is a cost-effective and sensible solution to existing multi-dwelling unit infrastructures and makes properties Internet-ready at speeds up to 175 times faster than 56K dial-up connections. OverVoice technology is simply installed on top of the property's existing telephone system while creating an Ethernet local area network that can transmit data traffic up to 10 Mbps. OverVoice provides users an uninterrupted, dedicated high speed Internet connection that can be shared simultaneously among many users in a hotel. About CAIS Internet CAIS Internet is a leading provider of the latest in broadband Internet access Broadband Internet access, often shortened to just "broadband", is high speed Internet access—typically contrasted with dial-up access over modem. Dial-up modems are generally only capable of a maximum bitrate of 56 kbit/s (kilobits per second) and require the full use of a for consumers and businesses using advanced technologies like CAIS HyperDSL, patented solutions like OverVoice(R), as well as expert technical and customer support. CAIS HyperDSL, the latest in DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary Internet technology, delivers dedicated, cost-effective high speed Internet access to businesses and consumers. CAIS Internet operates a nationwide, clear-channel DS3/OC3 and ATM Network with POPs (points of presence) in Chicago, IL, Washington, DC, Baltimore, MD, McLean, VA, San Francisco, CA, and has plans for POPs in Dallas, TX, Philadelphia, PA, Los Angeles, CA, Seattle, WA, Boston, MA, Atlanta, GA, and Miami, FL. CAIS's backbone is a Cisco-Powered Network, and currently peers with public and private partners, and at national exchange points, MAE (1) (Metropolitan Area Exchange) Originally known as Metropolitan Area Ethernets, MAEs are junction points on the Internet where data is exchanged between carriers. See IXP and NAP. East, MAE East ATM, MAE West, and AADS AADS American Association of Dental Schools. . CAIS Internet is headquartered in Washington, DC. For more information, you may contact the company at 888.260.CAIS, or visit the website at www.cais.com. This release contains statements relating to CAIS's future expectations and business strategies or other "forward-looking" information. Those statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those contemplated by the statements. Important factors that may cause actual results to differ from projections include, among others: changes in business conditions; changes in the Internet services industry and the general economy; our limited operating history; our ability to manage rapid growth; our ability to enter into joint ventures and other strategic relationships with companies on terms acceptable to us; and the impact of computer and related problems that may arise from the Year 2000 problem Year 2000 problem, Y2K problem, or millennium bug, in computer science, a design flaw in the hardware or software of a computer that caused erroneous results when working with dates beyond Dec. 31, 1999. on our business. |
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