COLDWELL BANKER COVERS THE TERRITORY WITH AT&T.BASKING RIDGE, N.J.--(BUSINESS WIRE)--March 20, 1995--Coldwell Banker Corporation has awarded AT&T a four-year, multi-million dollar contract for AT&T's Software Defined Network (SDN SDN Sun Developer Network (Sun Microsystems) SDN SAP Developer Network SDN SOF (Special Operations Forces) Deployable Node SDN Sociale Databank Nederland (Dutch) ) service. Under the contract, AT&T will deliver a state-of-the-art voice and data network to the more than 340 Coldwell Banker company-owned real estate offices and relocation services Relocation services or "employee relocation" includes a range of internal business processes that are engaged to transfer employees (and often their families) or entire departments of a business to a new work location. offices. The network also will be available to the company's more than 2,000 franchised offices. "What makes the difference in real estate and related services is having the right information at the right time, ready to use at the local office," said Coldwell Banker Chief Information Officer John Parady. "The reliability and sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. of AT&T's SDN service will greatly enhance our communication capabilities today, and will play a vital role in our future communication efforts." AT&T's Software Defined Network service uses software in AT&T's network to create a "virtual" network that acts like a dedicated network for a business, providing a customized private configuration for that organization's voice and data needs. SDN can be used for electronic messaging See e-mail and messaging system. , voice mail, cellular calling and teleconferencing, as well as for voice and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. . Coldwell Banker will use SDN toll fraud protection and telecommunications management reports for their headquarters and branch offices. Coldwell Banker affiliate companies also can now select AT&T SDN service, making them equal members in the Coldwell Banker network and qualifying them for volume discounts on outgoing calls. Coldwell Banker Corporation operates companies that supply a complete range of residential real estate services, including franchising, brokerage, relocation, title and escrow escrow Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition. . Coldwell Banker has more than 2,400 residential real estate offices and more than 56,000 sales associates and employees in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . CONTACT: AT&T Karen Way, 908/221-6632 (office) 908/545-0225 (home) or Mona Williams, 908/221-4355 (office) 908-647-8191 (home) |
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