Telynx Announces Sale to Florida Digital Networks


EL PASO, Texas, Nov. 7, 2001 (PRIMEZONE) -- Telynx, Inc. (OCTBB:TLXX) announced today that Florida Digital Networks (FDN) has agreed to purchase its inventory/provisioning software and services. The project entails implementation of Telynx software for the purpose of automating the provisioning process of the FDN transmission backbone. It will require integration to existing systems and will ultimately provide an end-to-end solution for FDN.

Florida Digital Networks provides a variety of local, long distance and Internet services. The inventory system will accommodate all of these environments and be a key provider of information to various points in the provisioning process. "We saw inventory as a key element in closing the loop on what we felt was a good system and process already in place. We looked hard at several vendors and made our decision based on functionality, price, and vendor flexibility. Telynx worked very hard at understanding our issues and coming up with a flexible solution to meet our needs," said Ryan Hand, VP, FDN.

"We spent time looking at their existing environment, what their needs were, and how our solution would fit into their strategy for service delivery. FDN's approach to solving problems and their working relationships with vendors is a key element in creating what we believe will be a strong and strategic partnership between the two companies," said Scott Munden, President/COO of Telynx.

Telynx is a global leader in telecommunications infrastructure management systems. The company produces and provides software and professional services for Operations Support Systems (OSS) of the telecommunications industry and for general enterprise networks. The Telynx, Inc. software products include the Telynx Network Provisioning and Inventory Management solution and the Telynx Revenue Assurance solution.

Telynx headquarters is in El Paso, Texas; with additional sales and support in Dallas, TX; the Washington D.C. area; London, United Kingdom; and representative offices in Asia (Kuala Lumpur, Malaysia) and the Middle East.

Except for the historical information, the matters discussed in this news release are forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could effect results include the mix of business between product and services; the type and size of customers doing business with the company and the structure of those transactions, their products and services requirements and the impact of timing of revenues relative to expenses; timely development, introduction and acceptance of new products and enhancements to existing products and evolving markets; expansion of the company's ability to consummate relationships with alliance partners; the impact of competitive announcements and products; the rate of growth of the market in which the company competes; acquisition activities and the ability to integrate acquired businesses successfully; the impact of changes in accounting standard; the effects and rate of change in standard platforms for telecommunications products.


            

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