Clariti Telecommunications International, Ltd. Engages ING Baring Furman Selz LLC.PHILADELPHIA--(BUSINESS WIRE)--November 19, 1998--Clariti Telecommunications International, Ltd. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Symbol:CLRI CLRI Central Leather Research Institute (India) ) ("Clariti") announced today that it has engaged ING Baring Furman Selz LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("ING Barings") to provide financial advisory and investment banking services to the company. ING Barings is one of the world's leading financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firms operating in over 50 countries. Peter Pelullo, Chairman of Clariti stated, "ING Barings' knowledge of international financial markets and the telecommunications industry will provide the highest quality financial and investment banking resources for our company's future growth. ING Barings will also provide merger and acquisition advice on future transactions." ABOUT CLARITI Clariti is currently developing the ClariCASTTM Digital Voice Paging System, the world's first low-cost high-speed digital voice paging system. The ClariCASTTM system combines a full-featured voice mail system with wireless voice pagers. This patented communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry 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 and inexpensively installed in any city where FM radio towers exist. The company, which is located in Philadelphia, plans to market its voice paging service worldwide, including fast-growing paging markets such as Europe, 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. , and the U.S. In addition, the company plans to seek out strategic acquisitions in the telecommunications industry. More information on Clariti and the ClariCASTTM Digital Voice Paging System can be found on the World Wide Web at http://www.clariti.com. ABOUT ING BARINGS ING Barings is the organization and trade name under which ING Bank N.V. and certain of its subsidiaries conduct their international corporate and investment banking activities. ING Bank N.V. is part of ING Group, one of the largest financial service groups in Europe. ING Barings provides a wide range of corporate and investment banking services covering both the developed and emerging markets. These include treasury services, M&A, corporate and sovereign lending, trade and commodity finance, fixed income and equity origination, trading, sales and research. Within the telecommunications sector, ING Barings focuses on competitive providers of telephony services. |
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