Cognitronics Announces Receipt of Orders for $1.2 Million
12 Novembro 2004 - 7:05PM
PR Newswire (US)
Cognitronics Announces Receipt of Orders for $1.2 Million DANBURY,
Conn., Nov. 12 /PRNewswire-FirstCall/ -- Cognitronics Corporation
(AMEX:CGN) announced today the receipt of purchase orders
aggregating approximately $1.2 million for an upgrade to CX 4000
Network Media Servers currently installed at a major
telecommunications service provider's facilities to be delivered
during the current quarter. "Our customer continues to upgrade the
Cognitronics CX 4000 Network Media Server with additional revenue
producing services," said Brian J. Kelley, president and chief
executive officer of Cognitronics. "Cognitronics' CX Series
products support real-time call announcing, voice mail, privacy
service and other call intercept applications. "The market
acceptance of our new platforms continues to expand. We look
forward to additional project implementations as our customers
introduce new application requirements." Cognitronics is a leading
supplier of media server solutions to the telecommunications
industry. The company's Cognitronics Exchange Network Media Servers
(CX Series) are a cost-effective and highly scalable family of
carrier class media server platforms, delivering advanced network
media solutions in VoIP networks as well as in traditional AIN and
TDM circuit switched and mixed network environments. For more
information, visit the company's website at
http://www.cognitronics.com/. Statements contained herein which are
not historical facts are forward- looking statements. The
forward-looking statements in this release are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. Forward-looking statements involve a number of risks
and uncertainties including, but not limited to, the continuance of
reduced capital expenditures throughout the telecommunications
market, variability of sales volume from quarter to quarter,
product demand, market acceptance, litigation, risk of dependence
on significant customers, third party suppliers and intellectual
property rights, risks in product and technology development and
other risk factors detailed in the company's Securities and
Exchange Commission filings. DATASOURCE: Cognitronics Corporation
CONTACT: Harold F. Mayer of Cognitronics Corporation,
+1-203-830-3494 Web site: http://www.cognitronics.com/
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