Excel Communications Signs Product Marketing Agreement With Premiere Technologies; Supplies Voice Messaging Products and Services for Independent Representatives.DALLAS--(BUSINESS WIRE)--Feb. 12, 1998--Excel Communications, Inc. (NYSE NYSE See: New York Stock Exchange :ECI ECI Employment Cost Index ECI Election Commission(er) of India ECI Enterprise Content Integration ECI Early Childhood Intervention ECI Environmental Change Institute ) today announced a strategic agreement with Voice-Tel Enterprises, a unit of Premiere Technologies, 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 PTEK Parents and Teachers of Explosive Kids ) to market private-labeled Premiere Voice-Tel 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. products and services to its nationwide network of independent sales representatives beginning in the second quarter. The product, TelWorks(SM), consists of four different categories of services to meet the needs of small to large downlines. In network marketing, a downline refers to an independent representative's sales organization. Excel independent representatives use voice messaging as a business-building tool, expanding their ability to build a nationwide network. "Throughout the development of this product, Premiere's Voice-Tel unit has been very responsive to our needs," said Kenny Troutt Kenny A. Troutt (b. 1948) was the founder of Excel Communications, a Texas based telecommunications company that used MLM (Multi-Level Marketing) to offer its main product, a long distance phone service. , Excel chairman and chief executive officer. "The relationship began more than a year ago and their level of commitment has grown proportionately pro·por·tion·ate adj. Being in due proportion; proportional. tr.v. pro·por·tion·at·ed, pro·por·tion·at·ing, pro·por·tion·ates To make proportionate. to keep up with the increasing demands of our sales force. "Until now," he added, "communicating through voice messaging has been limited to our top earners because it was cost-prohibitive for the majority of our representatives. TelWorks lowers the cost of entry so significantly that our representatives will be able to use these tools to build their businesses in the early stages when they need it the most." Premiere's Chairman and Chief Executive Officer Boland T. Jones said, "Our global voice mail network will enable Excel to efficiently and cost-effectively broadcast messages to the independent representatives at the touch of a button, as well as to smaller subsets of the entire group. With TelWorks, individual representatives will also have access to the system to communicate with others in the group." Dallas-based Excel Communications Excel Communications was founded in 1988 by Dallas entrepreneur Kenny Troutt as a long distance reseller in the US telecom sector at the birth of telecom deregulation. , Inc. is the fifth largest long distance company 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. . Utilizing a state-of-the-art, facilities-based network, the Company offers its subscribers residential and commercial long distance services, dial-around services, calling cards and paging services. Excel markets these products nationwide to residential and commercial customers under the Excel and Telco subsidiaries. Excel has more than 3,000 employees who support the corporate, network management, billing, teleservices and marketing functions of the Company. Atlanta-based Premiere is a leading provider of enhanced communications services, including 800-based services, voice mail, fax, e-mail (screen-based communications) and conference calling. Premiere is the first single-source provider and integrator of all these communications services. Premiere's highly flexible, scaleable platform and massive frame-relay network for digital voice and data transmission provide the infrastructure for Premiere to connect millions of subscribers around the world to its various offerings. CONTACT: Excel Communications Kenneth Kracmer, 214/863-8400 or Premiere Technologies Marcia Scott, 404/262-8462 |
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