Corporate Profile for Vodavi Technology Inc, dated June 4, 1999.--(BUSINESS WIRE)-- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: June 4, 1999
Company Name: Vodavi Technology Inc.
Address: 8300 E. Raintree Drive
Scottsdale, AZ 85260
Main Telephone
Number: 480/443-6000
Internet Home
Page Address
(URL) www.vodavi.com
President/
Chief Operating
Officer: Greg Roeper
Investor Relations
Contact: Dodi Zirkle - Continental Capital & Equity Corp.
Business number: 407/682-2001
Public Relations
Contact: Ruth Seigel
Business number: 480/443-6114
Trading Symbol/
EXCHANGE: NASDAQ:VTEK
Industry: Telecommunications
Company description: Headquartered in Scottsdale, Ariz., Vodavi Technology Inc. designs, develops, markets and supports a range of business telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. solutions. Vodavi products include digital telecommunications systems, Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and computer telephony See CTI, VoIP and IP telephony. Computer Telephony - Computer Telephone Integration products, and voice-processing systems including voice mail, fax mail, Internet messaging, and IVR (Interactive Voice Response) An automated telephone information system that speaks to the caller with a combination of fixed voice menus and data extracted from databases in real time. (interactive voice response) for a wide variety of commercial applications. Vodavi was founded in 1983 with the vision that the convergence of voice, data and video would become integral to effective business communications. Our name Vodavi, therefore, is an acronym acronym: see abbreviation. A word typically made up of the first letters of two or more words; for example, BASIC stands for "Beginners All purpose Symbolic Instruction Code. symbolizing sym·bol·ize v. sym·bol·ized, sym·bol·iz·ing, sym·bol·iz·es v.tr. 1. To serve as a symbol of: this convergence. Throughout the years, Vodavi has focused on making that vision a reality by bringing the best of these technologies, practically and affordably to small and medium-sized enterprises. Vodavi primarily serves businesses with less than 200 employees, however, they also have a large and growing base of customer sites who can leverage high-end voice processing The computerized handling of voice, which includes voice store and forward, voice response, voice recognition and text to speech technologies. and call center applications. By specializing in the small business market segment, Vodavi is able to deliver targeted solutions to customer applications, which meet their quality, reliability, flexibility and budgetary requirements. As such, Vodavi is one of the top 10 suppliers of key telephone systems in 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. and currently holds over 3 percent market share representing well over 5 million telephone lines installed per year. However, its strength remains in the small business market segment (under 25 stations) where Vodavi has earned 10 percent market share and ranks as the 4th largest manufacturer. 98 Annual Revenue: $48.0 Million 99 First Quarter Stock High/Low (through March 26, 1999): High - $3.63 Low - $2.38 98 Net Income: $984,000 |
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