Cognitronics Announces Receipt of Orders for $2 Million
15 August 2005 - 3:32PM
PR Newswire (US)
DANBURY, Conn., Aug. 15 /PRNewswire-FirstCall/ -- Cognitronics
Corporation (AMEX:CGN) announced today the receipt of purchase
orders aggregating approximately $2 million for CX4000 Network
Media Servers from a major telecommunications service to be
delivered during the current year. "The CX4000s will incorporate
two new suites of application software developed by Cognitronics
for enhanced Operator Services," said Brian J. Kelley, president
and chief executive officer of Cognitronics. "These applications
facilitate further automation by telecommunications service
providers in the areas of directory assistance and emergency access
to live operators by utilizing Automatic Speech Recognition (ASR)
capabilities." 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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