Charlotte's Traffic Management Upgrade a Complete Success.LAKE FOREST, Calif.--(BUSINESS WIRE)--Sept. 24, 1999-- Telenetics Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:TLNT TLNT Tweede Luitenant (Dutch) TLNT Telephony Network TLNT Trunk Link Network ) Friday announced that the city of Charlotte, N.C., has successfully installed Telenetics' proprietary digital Fast-Pole modems on 137 intersections as part of that city's Advanced Traffic Management System ("icons"). The new system replaces the city's UTCS UTCS Urban Traffic Control System UTCS Senior Chief Utilitiesman (Naval Rating) UTCS Universal Train Control System system which, was installed in the '70s. The successful installation of the newer icons(TM) has far-reaching implications in many other cities across 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. which are planning to install or upgrade their existing traffic management system. Telenetics modems are currently being tested in several major cities across the country. icons, which stands for Integrated Control of Traffic Networks has been jointly developed by Econolite Control Products Inc. of Anaheim, Calif., and Gardner Systems of Concord, Calif. icons provides a centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. integrated platform for traffic signal system control, information management and graphic data display. icons uses Telenetics' proprietary digital Fast-Pole modem for 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. and data acquisition. Telenetics announced a few days ago that it is the recipient of a contract for the integration and supply of networking and communications equipment that will form the core of Philadelphia's new Transportation Management Operation Center. The signal improvement projects in Charlotte and Philadelphia are among a series of similar traffic management projects in several major cities across the country. Telenetics formed its Traffic Management Systems Group in May 1999 after acquiring Reno, Nev.-based GDI (Graphics Device Interface) The traditional programming interface (API) for output in Windows. When an application needs to display or print, it makes a call to a GDI function and sends it the parameters for the object that must be created. . Telenetics is a leader in the design and manufacture of proprietary data-communications solutions for utility and industrial automation applications, traffic management, intelligent transportation systems and oil and gas industry. For more information, visit Telenetics' Web site at www.telenetics.com. Forward-Looking Statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Disclosure: Certain of the statements contained in this news release are "forward-looking statements" that involve risks and uncertainties including those statements regarding the future commitments. Actual future results could differ materially from these statements. Factors that could cause or contribute to such differences include, but are not limited to, increased competition and Telenetics inability to meet the projected demand for its products and those discussed in Telenetics' Form 10-KSB for the nine months ended Dec. 31, 1998, and Form 10-QSB for the period ended June 30, 1999. Note to Editors: icons is the registered trademark of Econolite Control Products Inc. |
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