Printer Friendly
The Free Library
19,604,530 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Cognigen Selects Voicecom for Voice Messaging and Unified Communications Services.


Business Editors

ATLANTA--(BUSINESS WIRE)--July 23, 2001

Leading Telecom Network Marketer to Distribute

Voicecom Services Through its 117,000 Agents

Voicecom, a leading provider of integrated communications solutions and a business unit of Ptek Holdings, Inc. (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
: PTEK) (www.ptek.com), today announced that Cognigen Networks, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
: CGNT)(http://www.cognigen.com), a leading Internet and network marketer of telecommunications and technology products and services, has selected Voicecom's 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.  and Orchestrate(R) unified communications The real time redirection of a voice, text or e-mail message to the device closest to the intended recipient at any given time. For example, voice calls to desk phones could be routed to the user's cellphone when required.  services as part of its core service offerings.

Through this agreement, Voicecom services will be marketed to Cognigen's 117,000 agents who will begin to market these services to their customers. Cognigen has significantly grown its agent base in the last few months, averaging more than 6,000 new agents a month.

"We selected Voicecom to provide our messaging and unified communications services based on their proven history in working with other leading agent-based organizations similar to Cognigen," said Darrell H. Hughes, Chairman and 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.  of Cognigen. "As a global leader in Internet and network marketing, Cognigen's strategy is to build relationships with technology leaders like Voicecom to offer our dramatically growing agent base a full range of superior telecommunications and technology services. We believe that the new service offerings from Voicecom will fuel even more growth within our network."

"We're pleased that Cognigen selected Voicecom's voice messaging and Orchestrate unified communications services for their agents to add to their extensive telecom and technology offering," said Jeffrey A. Allred, President and COO of Ptek Holdings. "We believe that Cognigen will be a great new distribution partner because they have a motivated team of more than 100,000 agents that are already marketing products that complement Voicecom's services."

Voicecom joins a prestigious list of Cognigen partners including DIRECTV, Covad 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
, Microsoft, Palm Pilot, Sony, Sprint PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1.  and Verizon.

About Cognigen

Cognigen Networks, Inc. (OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
: CGNT) (http://www.cognigen.com) is a Seattle-based Internet enabled marketer of discount long-distance service and related personal technology products operating through a network of 117,000 independent agents whose customized Web sites are linked to the corporate Web site (www.cognigen.com). In San Luis Obispo San Luis Obispo (săn l`ĭs ōbĭs`pō), city (1990 pop. 41,958), seat of San Luis Obispo co., S Calif., near San Luis Obispo Bay; inc. 1856. , CA, Cognigen operates a wholly-owned subsidiary, Cognigen Switching Technologies, a facilities-based international and domestic long-distance carrier and CLEC (Competitive Local Exchange Carrier) An organization offering local telephone service that is not one of the traditional telephone companies. The Telecommunications Act of 1996 allowed competition to the incumbent telcos (ILECs), enabling new companies (CLECs) .

For more information, visit www.cognigen.

About Voicecom

Voicecom, a business unit of Ptek Holdings, Inc. (NASDAQ: PTEK) is headquartered in Atlanta, Ga. and operates offices in Asia-Pacific, Australia, Canada, Europe, and the Unites States to serve hundreds of thousands of customers worldwide.

Orchestrate (www.orchestrate.com), a unified communications and content service from Voicecom, provides subscribers with a personal local access number and allows users to do everything from making telephone calls, conference calls, and updating or checking their calendar, to receiving critical daily information such as stock quotes, news stories, and all of their messages including voice, fax and e-mail in one box. The service can be accessed via any Internet-enabled device or telephone. For more information visit www.voicecom.com

About Ptek Holdings, Inc.

Ptek Holdings, Inc. (NASDAQ: PTEK) is a leading provider of communications and data services, including conference calling and Web-based collaboration; high-volume fax, e-mail and voice message delivery; and personal communications management Communications management is the systematic planning, implementing, monitoring, and revision of all the channels of communication within an organization, and between organizations; it also includes the organization and dissemination of new communication directives connected with an  systems that handle voice mail, e-mail and personal content. Ptek's business units include Premiere Conferencing, Xpedite and Voicecom. The company's PtekVentures investment unit has ownership interests in various new technology companies. Ptek Holdings corporate headquarters is located at 3399 Peachtree Road NE, The Lenox Building, Atlanta, GA 30326. Additional information can be found at www.ptek.com.

For Investor Relations-related inquiries, please contact Eric Martin Eric Martin may refer to:
  • Eric Martin (race car driver), ARCA driver who was killed at the Lowes Motor Speedway on October 9, 2002
  • Eric Martin (singer), American singer-songwriter and member of Mr.
 at 404-504-2461.

Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the `safe harbor' provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Ptek's forward-looking statements, including the following factors: competitive pressures among communications services providers, including pricing pressures, may increase significantly; Ptek's ability to respond to rapid technological change, the development of alternatives to its products and services and the risk of obsolescence ob·so·les·cent  
adj.
1. Being in the process of passing out of use or usefulness; becoming obsolete.

2. Biology Gradually disappearing; imperfectly or only slightly developed.
 of its products, services and technology; market acceptance of new products and services; development of effective marketing, pricing and distribution strategies for new products and services; strategic investments in early stage companies, which have limited operating histories and are subject to significant risks, may not be successful and returns on such strategic investments, if any, may not match historical levels; the value of Ptek's business may fluctuate because the value of some of its strategic equity investments fluctuates; Ptek's strategic investments in companies that are subject to the Securities Exchange Act of 1934 are subject to the risks disclosed by those companies in their public filings; Ptek may incur significant costs and may be forced to make disadvantageous dis·ad·van·ta·geous  
adj.
Detrimental; unfavorable.



dis·advan·ta
 business decisions to avoid investment company status, and Ptek may suffer adverse consequences if it is deemed to be an investment company; Ptek's ability to manage its growth; costs or difficulties related to the integration of businesses and technologies, if any, acquired or that may be acquired by Ptek may be greater than expected; expected cost savings from past or future mergers and acquisitions, may not be fully realized or realized within the expected time frame; revenues following past or future mergers and acquisitions may be lower than expected; operating costs operating costs nplgastos mpl operacionales  or customer loss and business disruption following past or future mergers and acquisitions may be greater than expected; the success of Ptek's strategic and other distribution relationships, including the amount of business generated and the viability of the strategic relationships, may not meet expectations; possible adverse results of pending or future litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 or adverse results of current or future infringement claims; risks associated with interruption in Ptek's services due to the failure of the platforms and network infrastructure utilized in providing its services; risks associated with expansion of Ptek's international operations; general economic or business conditions, internationally, nationally or in the local jurisdiction in which Ptek is doing business, may be less favorable than expected; legislative or regulatory changes may adversely affect the business in which Ptek is engaged; and changes in the securities markets may negatively impact Ptek.

For a detailed discussion of these and other cautionary statements and factors that could cause actual results to differ from the Company's forward-looking statements, please refer to the Company's filings with the Securities and Exchange Commission, especially in the "Factors Affecting Future Performance" included in the Management's Discussion and Analysis Management's discussion and analysis (MD&A)

A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial
 section of the Company's Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the fiscal year ended December 31, 2000 and in subsequent filings filed with the Securities and Exchange Commission.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Jul 23, 2001
Words:1146
Previous Article:JNI to Use Tensilica Technology in Next Generation Fibre Channel Controller ASICs.
Next Article:Tensilica Appoints Spike Technologies as Authorized Design Center.
Topics:



Related Articles
VOICECOM EXPANDS REACH VIA ALLIANCE WITH ON-LINE SERVICES CANADA; Lead Exchange Program Benefits Customers Across North America.
AudioFAX Grants Fax Technology License to VoiceCom Systems.
VoiceCom Announces Strategic Agreement With TALK.com.
Voicecom Expands Relationship With Prudential Northwest Properties.
Handtech to Resell Orchestrate Unified Communications Service.
Orchestrate Adds Mobile Content Delivery to Support SMS and Voice.
Ptek Holdings First Quarter Revenue Increases to $108.4 Million and EBITDA to $15.7 Million; Ptek Retains Robinson-Humphrey for Strategic Evaluation...
Home Service Store Selects Voicecom as Its Voice Messaging and Unified Communications Provider.
Ptek Holdings Sells Voicecom Unit to Gores Technology Group.
The Yankee Group foresees choppy growth for Voice and Conferencing Apps in 2003.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles