Preferred Telecom and Greyhound to sponsor collect calling program.DALLAS--(BUSINESS WIRE)--Dec. 11, 1995--Preferred Telecom, 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 : PFTI) a Dallas-based company, announced it has reached an agreement with Greyhound Lines Greyhound Lines is the largest inter-city common carrier of passengers by bus in North America , serving 2,200 destinations in the United States. It was founded in Hibbing, Minnesota, USA, in 1914 and incorporated as "The Greyhound Corporation" in 1926. Inc, the only nationwide provider of intercity bus services, to co-market its recently announced Preferred Collect(SM) service. The service will be tested in selected Greyhound greyhound, breed of tall, swift, sight hound developed nearly 5,000 years ago in Egypt. It stands about 26 in. (66 cm) high at the shoulder and weighs about 65 lb (29.5 kg). terminals throughout 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. for a period of 90 days. If successful, the service could be rolled out nationally to all Greyhound terminals. Greyhound will receive financial consideration for allowing Preferred access to their travelers. The service will be available in both English and Spanish. To place a call, a customer simply dials (800) 644-2607, announce their name in their native language and dials the number using their voice. Called parties accept the calls by saying "yes" or "si." Calls are placed using any telephone and completed without operator assistance providing collect convenience to the caller and efficiency to the service providers. "We are excited by the opportunity afforded us by Greyhound," said H. David Friedman David Friedman is the name of:
In addition to the simplicity of Preferred's voice-activated collect calling feature, collect callers and the parties they call will be eligible to receive a variety of prizes as incentives for using the service. Each interstate call qualifies to win prizes ranging from sports bottles and T-shirts to cameras and televisions. The caller is advised of their winnings during their call. "Since the advent of dial around capabilities, we have noticed a decline in pay phone revenues," said Tim Moline, Greyhound's director of new product development. "Many of our passengers make collect calls. The fact Preferred developed this program and is willing to launch it in English and Spanish should greatly enhance its opportunity for success." Preferred Collect's language recognition and dialing capabilities were developed with enabling technologies from Voice Control Systems, Inc. (VCS (1) (Verilog Computer Simulator) See Verilog. (2) (Version Control System) See version control. ), a Dallas-based voice recognition company. VCS has developed proprietary technology for utilizing voice recognition in initiating a call over a switched network and using speaker-dependent voice verification to provide security. Preferred Telecom Inc. is a Dallas-based specialized common carrier, providing a full range of voice and data long distance services to international and domestic business with access originating in 26 countries. The company's Preferred SecureCard is the first 100 percent voice activated long distance calling card that uses the cardholder's own voice for identification and dialing. It enables the cardholder card·hold·er n. One who holds a card, especially a credit card. card hold to enjoy a convenient, economical and fraud-free calling environment. Preferred Telecom is a public company traded on the NASDAQ Electronic Bulletin Board under the symbol PFTI. CONTACT: MBRK MBRK Mobile Bay Reef Keepers (Alabama) 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 Cathi Lane, 214/520-0052, ext. 214 or Preferred Telecom, Inc. Tom Hunse, 214/458-9950 |
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