Supply Agreement
September 19 2007 - 2:02AM
UK Regulatory
RNS Number:0730E
Citel PLC
19 September 2007
Citel Signs Agreement with a leading Carrier to Supply VoIP Migration Equipment
in the Caribbean and Central America
Initial stocking order for over $275,000 to be delivered in September 2007
Citel, The VoIP Migration Company(TM) (LSE AIM: CITE.L) today announced that it
has signed an agreement with a leading Carrier in the Caribbean and Central
America. The agreement commences with an initial stocking order for over 3,000
ports of Portico(TM) Telephone VoIP Adapters (TVA(TM)) for a total consideration
of over $275,000.
The Carrier initially ordered over 1,000 ports of Portico TVA units and has now
increased its order to 3,000 ports in total to support the rollout of its hosted
IP telephony service. Portico TVA will be offered as part of its hosted IP
service to simplify VoIP migration for their large installed base of PBX and Key
system enterprise customers.
"I am pleased to report that our strategy of focusing on end users and smaller
carriers is generating positive results for the business," said Mike Robinson,
Chief Executive, Citel. "Today's announcement reflects this momentum, beginning
with an initial stocking order from a significant new partner."
The Carrier's BroadSoft, Inc. BroadWorks(R) based enterprise telephony service,
combined with Citel's Portico TVA, enables enterprises of all sizes to obtain
the feature and cost-savings benefits of VoIP utilizing their existing business
telephones and wiring infrastructure.
The Citel Portico TVA is available with 12 or 24 ports in digital (PBX), P phone
(Centrex), and analog compatible configurations. It interoperates with more than
75 handset types including Avaya Definity(R), NEC DTERM, Nortel Meridian(R) and
Norstar(R), Panasonic DBS, and Toshiba Strata DK.
About Citel plc.
Citel enables SMBs, large enterprises and service providers to realize the cost
and productivity benefits of IP telephony while at the same time leveraging
their existing PBX infrastructure. Businesses with single or distributed
locations and PBX vendors can now deploy next-generation IP applications and
services at their own pace, with little business disruption. Service providers
can deploy hosted IP telephony services quickly, without having to "rip and
replace" existing enterprise PBX handsets and LAN cabling. Citel is a publicly
traded company on the London Stock Exchange (AIM) with corporate headquarters in
Seattle, and development offices in Calgary, Alberta (Canada) and Nottingham,
England (UK). For more information, visit www.citel.com.
The contents of this Press Release may contain forward-looking statements which
can be generally identified as such because the context of the statement will
include the words such as Citel plc "expects", "should", "believes",
"anticipates" or words of similar import. Such forward looking statements are
subject to certain risks and uncertainties including the financial performance
of Citel plc which could cause actual results, performance or achievements of
Citel plc to differ materially from any future results, performance or
achievements expressed or implied by such forward-looking statements. Readers
are cautioned not to place undue reliance on these forward-looking statements.
This Press Release does not constitute or form any part of any offer or
invitation to sell or issue or any solicitation of any offer to purchase or
subscribe for any securities in any jurisdiction, nor shall it (or any part of
it) or the fact of its distribution form the basis of, or be relied upon in
connection with, or act as any inducement to enter into, any contract or
commitment therefore".
# # # #
Copyright 2007, Citel plc. All Rights Reserved. Citel, Portico, TVA, and The
VoIP Migration Company are either trademarks or registered trademarks of Citel.
All other product and company names mentioned herein may be trademarks of their
respective owners.
Contact Details:
Citel
Mike Robinson, CEO 001 206 965 8920
Jose David, CFO 001 206 965 8925
Panmure Gordon
Dominic Morley +44 (0)20 7459 3600
Giles Stewart
Andrew Collins
Cardew
Tim Robertson +44 (0)20 7930 0777
Shan Shan Willenbrock
David Roach
This information is provided by RNS
The company news service from the London Stock Exchange
END
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