Correcting...Retransmission Business Booms for Airtime Following New Gandalf Resale Agreement.NEPEAN, ONTARIO--(BUSINESS WIRE)--Feb. 4, 1997--GANDALF TECHNOLOGIES (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 GANDF, TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). GAN ) A recent agreement to resell Gandalf Digital Communications Ltd. hardware has boosted sales for thriving Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ) Airtime Resources Ltd. Airtime, based in Blackburn, UK, elected to offer a complete turnkey package to its business customers, including the latest Gandalf edge devices. The total solution offered by Airtime can include account access, domain registration, e-mail provision, web site development and even full PC networks. Brian Welsby, managing director, Airtime, commented, "We've definitely noticed a growth in business since we started using and reselling Gandalf products - it's given us a high quality, reliable system. As a result, sales have flourished with new customers and also in developments with existing customers. Airtime has a customer base of around 600 businesses and now predicts a further 250 customers by the end of 1997." "Following a review of our former supplier US Robotics, we chose to replace them with Gandalf. Their products are well-designed and robust, the back-up support and finally the company's history of providing quality service led us to this decision," Brian Welsby continued. Airtime takes its backbone feed from Pipex and uses Gandalf's Xpressway Central 11 chassis with dual Primary Rate Interface (PRI PRI: see Institutional Revolutionary party. (Primary Rate Interface) An ISDN service that provides 23 64 Kbps B (Bearer) channels and one 64 Kbps D (Data) channel (23B+D), which is equivalent to the 24 channels of a T1 line. ) sockets, 30 Modem Resource Modules (MRM MRM Marketing Resource Management MRM Mobile Resource Management MRM Metabolic Response Modifiers MRM Multiple Reaction Monitoring (mass spectrometry) MRM Mormonism Research Ministry MRM Mechanically Recovered Meat ) and 60 ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. channels, which has the ability to be quadrupled in capacity. Paul Brandwood, Gandalf's director of sales for service providers (EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. ), commented, "It is clearly a new and lucrative direction that Airtime has adopted, and Gandalf is at the forefront of changes within the Internet Service Provision sector and develops its products accordingly. We were confident that the Gandalf systems would perform favorably, and Airtime has confirmed this. Gandalf invests heavily in customer service, which is an important consideration for Internet Service Providers specializing in business customers." Gandalf's vision is to provide people with access to information through technology. Gandalf provides leading solutions in network infrastructure by connecting remote locations to central resources and designing and supplying high-speed backbones for data, video and voice transmission. These offerings provide customers significant strategic advantage in today's competitive world. Gandalf markets its range of communications solutions in 75 countries through four distinct operational groups: North America Group; Asia Pacific Group; Europe, Middle East and Africa Group; and Northern Europe Group. Subsidiaries of Gandalf Technologies Inc. include Gandalf Canada Ltd.; Gandalf Systems Corporation in the US; Gandalf Digital Communications Limited in the UK; Gandalf Nederland BV; Gandalf SA in France; and Gandalf International Limited. Common shares of Gandalf Technologies Inc. are traded on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (GAN) in Canada and on The Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (GANDF) in the United States. CONTACT: Gandalf Technologies Inc. Robert L. Goodman, Public Relations, 617/487-2200, ext. 208 http://www.gandalf.ca bob.goodman@gandalf.ca or Gandalf Technologies Inc. Wendy Burgess, Investor Relations, 613/274-6550 http://www.gandalf.ca wendy.burgess@ gandalf.ca or Burson-Marsteller Leslie Taschner, 212/598-3627 |
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