Clariti Signs First Distribution Agreement for Wireless Voice Messaging Products.PHILADELPHIA, Pa. & SAO Sa´o n. 1. (Zool.) Any marine annelid of the genus Hyalinæcia, especially H. tubicola of Europe, which inhabits a transparent movable tube resembling a quill in color and texture. PAULO, Brazil--(BUSINESS WIRE)--April 26, 1999-- -Deal with Conectel, Brazil's No. 1 Paging Company, Validates Clariti's Innovative Wireless Technology Concept- Clariti Telecommunications International (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CLRI CLRI Central Leather Research Institute (India) ) today announced that its wireless division, Clariti Wireless Messaging, has signed a Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. ("MOU (Minutes Of Usage) A metric used to compute billing and/or statistics for telephone calls or other network use. ") with Acme Paging, the largest provider of paging services in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Under the terms of the MOU, Acme Paging will sell Clariti's digital voice pagers and wireless voice messaging Using voice mail as an alternative to electronic mail, in which voice messages are intentionally recorded, not because the recipient was not available. services in Brazil through Acme's subsidiary, which operates under the Conectel brand name. This marks the first distribution agreement that Clariti has signed for its patented ClariCAST(TM) Digital Wireless Messaging System Software that provides an electronic mail delivery system. It is made up of the following functional components, which may be packaged together or independently. Mail User Agent . Other terms of the agreement were not disclosed. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Yankee Group (the Yankee Group, Boston, MA, www.yankeegroup.com) A major market research, analysis and consulting firm founded in 1970 by Howard Anderson. It provides general consulting and strategic planning in the computer and communications field. , a leading international market research firm, Conectel has the number one market share in Brazil, with more subscribers than any other paging service provider. Conectel offers text and numeric paging services in all of its major markets. Barbara Svec, General Manager in charge of Acme's Latin American paging operations said, "We are very excited to be the first company in Brazil that will offer Clariti's innovative wireless voice messaging service. Conectel has grown rapidly by bringing leading- edge technologies to our Brazilian customers, and we believe voice paging will represent a significant portion of our business in the near future." Ms. Svec continued, "Partnering with Clariti will allow us to grow our subscriber base in existing markets, plus it provides us with a way to quickly expand into new markets." Mike McAndrews, President of Clariti Wireless Messaging said, "We are extremely pleased to announce this distribution agreement with Conectel, which has one of the strongest distribution networks in Brazil. We have worked long and hard to develop our new paging system, and are eager to demonstrate the capabilities of the ClariCAST(TM) Digital Wireless Messaging System to the worldwide paging industry. We are proud to partner with Conectel to introduce our technology to Brazil." Ms. Svec concluded, "Brazil, the fifth largest country in the world, has a population of nearly 160 million people, and an economy that represents 33% of the GDP GDP (guanosine diphosphate): see guanine. of all of Latin America. Despite Brazil's much-publicized recent economic difficulties, the market for wireless telecommunications continues to experience rapid growth. During the past four years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time paging market alone has grown from approximately 220,000 subscribers to over 1.5 million subscribers today. We look forward to working with Clariti to bring this new generation of wireless voice communications to the people of Brazil." Acme Paging Acme Paging is an international paging company that owns subsidiaries with operations in Brazil, Argentina, Colombia, and Venezuela. In addition, Acme has been granted licenses to offer paging service in Uruguay and Chile. The largest provider of paging services in Latin America, Acme has consistently lead growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. in the region since the start of operations in 1994. Clariti Telecommunications Clariti Telecommunications International, Ltd. is a diversified international telecommunications company headquartered in Philadelphia. The Company consists of 2 divisions - Clariti Wireless Messaging and GlobalFirst. Clariti Wireless Messaging is currently developing the ClariCAST(TM) Digital Wireless Messaging System, the world's first wireless voice messaging system to combine small pager size, low cost, and digital sound. The ClariCAST(TM) system combines a full-featured voicemail system with wireless voice pagers. This patented communications technology uses FM subcarrier A secondary telecommunications channel that resides within the main channel (a carrier within a carrier). A type of multiplexing, the subcarrier is a modulated carrier signal at a lower frequency that is combined with the main carrier signal running at a higher frequency. frequencies, so it can be quickly installed in any city where FM radio towers exist. Clariti plans to market its wireless voice messaging services worldwide, including rapidly growing wireless telecom markets such as Europe, Latin America, and the U.S. GlobalFirst provides diversified telecommunications services, including domestic and international long- distance, pre-paid mobile phones and calling cards, primarily in the United Kingdom and France. For further information on Acme's Brazilian paging business, contact James Meaney, General Manager, Brazilian Operations 011-55-11-3179- 5008 or visit their website at www.conectel.com.br. For further information on Clariti Telecommunications International, contact: Morgen-Walke Associates (212) 850-5600; Cheryl Schneider, Hulus Alpay or John Blackwell, Investors; Michael McMullan or Jamie Kohn, Media, or visit Clariti's website at www.clariti.com. Approved by: Clariti Telecommunications, Mike McAndrews, President - Clariti Wireless Messaging Acme Paging, Barbara Svec, General Manager - Latin America Special Note Regarding Forward-Looking Statements: This press release contains certain forward-looking statements, including statements about growth prospects in Brazil and Clariti's voice paging system, that involve risks and uncertainties. Factors that could cause or contribute to such risks and uncertainties include, but are not limited to, general economic and business conditions, changes in telecommunications regulations, changes in consumer demand for telecommunications products, and various other factors beyond the control of the companies. This includes such factors as described from time to time in the SEC reports filed by Clariti Telecommunications International, Ltd., including the most recently filed Form 10-KSB. |
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