ATM SYSTEMS ANNOUNCES AGREEMENT WITH SIXTRA CHILE S.A.
RICHARDSON, Texas, Jan. 11 /PRNewswire/ -- Automated Telephone Management Systems Inc. (NASDAQ: ATMS Preferred Series A Cumulative Convertible) announced today that it has been awarded a contract from Sixtra Chile S.A. of Santiago, Chile, a leading provider of telecommunication services and computer software consulting services throughout Chile. Terms of the agreement were not disclosed. Sixtra Chile S.A. will distribute ATM Systems' products in Chile through a non-exclusive distributorship agreement. "We estimate that the agreement with Sixtra will help position ATM Systems as a leading provider of inbound and outbound call processing systems in Chile," said Akhil Chandoke, president and chief executive officer of ATM Systems. "The agreement with Sixtra is a step forward in our strategy to expand our foreign customer base through joint ventures and strategic alliances." ATM Systems currently has joint venture agreements in Argentina and is planning additional agreements outside the United States. ATM Systems designs and markets proprietary software programs and provides maintenance support, for both inbound and outbound computerized telephone call processing systems. -0- 1/11/94 /CONTACT: Andrea Van Leeuwen, Account Executive of Carl Thompson Associates, 303-494-5472/ (ATMS)
CO: Automated Telephone Management Systems Inc.; Sixtra Chile S.A. ST: Texas IN: CPR TLS SU: CON
JL-BB -- LA003 -- 0876 01/11/94 09:30 EST
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|Date:||Jan 11, 1994|
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