Datatec Systems Awarded $31 Million Network Deployment Contract; 4000 Site Rollout of Integrated Data and IP Telephony Platform.Business/Hi-Tech Editors FAIRFIELD, N.J.--(BUSINESS WIRE)--March 18, 2002 Datatec Systems, Inc. (Nasdaq: DATC DATC Davis Applied Technology College (Kaysville, Utah) DATC Days After Test Completion DATC Deferred Adverse Tax Consequence DATC Direct Assistance & Training Command DATC Director of Air Traffic Control ), announced today that it has been selected to implement an integrated data and IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. network for a national pharmacy chain. The project is valued at approximately $31 million and is expected to take 30 months to complete. Datatec will be handling materials logistics, and performing site survey, equipment staging, configuration, infrastructure installation and system implementation services. Datatec's eDeploy(R) web-enabled process management software will be utilized as a central collaboration tool A collaboration tool is something that helps people collaborate. The term is often used to mean collaborative software, but collaboration tools were being used before computers existed, a piece of paper can for example can be used as collaboration tool. to coordinate, manage and monitor Datatec's efforts plus those of other project partners. Datatec's Integrator's Workbench 2000(R) software will automate the configuration of networking devices destined des·tine tr.v. des·tined, des·tin·ing, des·tines 1. To determine beforehand; preordain: a foolish scheme destined to fail; a film destined to become a classic. 2. for both operations centers The facility or location on an installation, base, or facility used by the commander to command, control, and coordinate all crisis activities. See also base defense operations center; command center. and retail sites that will be interconnected via a new wide area network. "This complex project fully exercises all of Datatec's core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
Isaac Gaon, Datatec 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. commented, "This 30 month contract, coupled with other recently confirmed orders solidifies our expectations to return to strong and profitable growth in fiscal 2003 which commences in 6 weeks from today." Datatec will announce financial results for the third quarter of fiscal 2002 after the market close today, Monday, March 18, 2002. Management will host an investor conference call at 4:30 p.m. EST. Conference call details are:
US & Canada Toll Free: 888-405-9176
International: 630-395-0022
Password: Q3
Conference Leader: Bob Engelberg
About Datatec Systems, Inc. Fairfield, NJ-based Datatec Systems specializes in the rapid, large-scale market absorption of networking technologies. Datatec's deployment services utilize a software-enabled implementation model to configure, integrate and roll out new technology solutions using a "best practices" structured process. Its customers include Fortune 1000 companies and world-class technology providers. Datatec stock is listed 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. (DATC). For more information, visit Datatec at http://www.datatec.com/ |
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