IDT and Brother Announce Joint Partnership.HACKENSACK, N.J. and BRIDGEWATER, N.J.--(BUSINESS WIRE)-- February 27, 1998-- Leading business equipment manufacturer to bundle IDT's Genie services with Internet-ready word processors IDT IDT Integrated Device Technology, Inc. (Santa Clara, CA, USA) IDT I Don't Think IDT Identity Theft IDT Interrupt Descriptor Table IDT Integrated DNA Technologies IDT Inactive Duty Training IDT Instructional Design & Technology Corporation (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 : IDTC IDTC Interdeployment Training Cycle IDTC Indefinite Delivery-Type Contract(s) ) and Brother International Corporation today announced that they have entered into a partnership to provide IDT's Genie services GEnie Services - GE Information Services as a bundled value-added service A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. to accompany a number of desktop word processors and desktop publishers that have modem connectivity. Through this agreement, many Brother word processor and desktop publisher users will be able to log on to the Internet and access e-mail through Genie's text-based online services. Both companies are currently in negotiations regarding additional mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" arrangements. Genie's online services include Internet access See how to access the Internet. , roundtable chat groups, bulletin boards, e-mail and real-times news. "Offering a smorgasbord of Internet services, including online content, has proven to be a valuable investment and has manifested itself specifically in this partnership with Brother," said IDT's President Jim Courter James Andrew "Jim" Courter (born October 14, 1941 in Montclair, New Jersey) is an American Republican Party politician, lawyer and businessman. He is a resident of Hackettstown, New Jersey. . "We look forward to working closely with Brother to provide us with the perfect customer base and create programs and services that will benefit both Genie and Brother users nationwide." "We are very excited about this new partnership with Genie and IDT, a proven leader in low-cost communications," said Dean Shulman, Senior Vice President at Brother. "This strategic partnership will enable Brother to bring additional low-cost communication solutions to everyone." Brother currently has an installed base of more than 500,000 users of word processors and desktop publishers which offer modem connectivity. To kick off the partnership, Brother will be offering a "Go Online Free" mail-in promotion on select desktop publishers. The customer will receive a free modem and one month free trial of Genie when they purchase a desktop publisher between March 15 and June 30, 1998. IDT is a leading emerging multinational carrier that combines its position as an international telecommunications operator, its experience as an 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. and its leading position in Internet telephony to provide a broad range of telecommunications services to its wholesale and retail customers worldwide. The Company provides its customers with integrated and competitively priced international and domestic long distance, Internet access and, through its Net2Phone product offerings, Internet telephony services. Bridgewater, NJ, is the corporate headquarters for Brother in the Americas and has a fully-integrated sales, marketing, services, manufacturing, research and development capabilities, located here in the U.S. In addition to its headquarters in Bridgewater, Brother has branches in California, Florida, Georgia, and Illinois. Information may also be obtained from the Brother fax-back system toll-free at 800-521-2846 or visit Brother's web site at www.brother.com. -0- Except for historical information, all of the expectations and assumptions contained in the foregoing are forward-looking statements involving risks and uncertainties. Important factors that could cause actual results to differ materially from such forward-looking statements, include, but are not limited to, the competitive environment for Internet telephony, changes of rates of all related telco rates and services, legislation that may affect the Internet Telephony industry, IDT's ability to operate the services described on a large scale commercial level. For additional information regarding these and other risks associated with the Company's business refer to the Company's reports filed with the SEC. CONTACT: Sarah Hofstetter IDT Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most 201-928-2882 or Ilan Slasky IDT Investor Relations Investor relations The process by which the corporation communicates with its investors. 201-928-4316 |
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