TORONTO, March 8, 2002 (PRIMEZONE) -- Telesis (OTCBB:TNCVF) (CDNX:TNC), a leading developer and marketer of data acceleration software, and Abridean, leaders in the development of an Application Provisioning and Management Platform for service providers (SPs) and large enterprises, announced today the formation of a strategic alliance. This alliance will provide complementary business solutions for these markets.
Telesis provides data acceleration software for service providers such as ISPs and wireless carriers, as well as for corporations with large numbers of mobile employees. This data acceleration improves the speed and reliability of data transfer over wireless and landline networks.
AbrideanProvisor is an Application Provisioning and Management Platform that automates and simplifies the provisioning of hosted enterprise applications. AbrideanProvisor's XML-based architecture allows service providers and enterprises to easily and securely provision any enterprise application including the technology that enables the delivery of these mobile applications.
As mobile computing becomes mainstream, service providers and enterprises are being tasked to reliably deliver more and more complex applications at faster and faster speeds of data transfer. At the same time, IT departments are expected to easily set up and manage access privileges to the applications.
By combining the data acceleration technologies of Telesis with AbrideanProvisor, the two companies have built a foundation for a complete solution that will enable their customers to:
-- Decrease costs by effectively managing their application delivery
infrastructure
-- Provide compelling offerings/services that meet the unique needs
of the end-customers
-- Ensure all possible revenue opportunities are maximized
"The mobile needs of our customers have two things in common: (1) the need for fast and reliable data -- which Telesis satisfies; and (2) the comfort of knowing that it will not tax an already busy IT department -- which Abridean satisfies," said Derek Woods, CEO of Telesis. "It is exciting to be working with the company which created the Application Provisioning and Management category. Abridean's knowledge and expertise will be an asset to Telesis."
"We are very pleased to be working with Telesis as they are recognized leaders in the data acceleration market. Telesis has very important technologies and we are delighted to introduce these to our customers," said Sean Sears, CEO and president of Abridean. "We are excited about the worldwide opportunities that this alliance will create."
About Telesis
Founded in 1989, Telesis North Communications Inc. ("Telesis") (CDNX:TNC, OTCBB:TNCVF) develops and markets connectivity software that significantly improves the speed and reliability of data transfer over wireless and landline networks. The Company's flagship product, OnAir MOBILE(tm), allows Microsoft Outlook/Exchange users to connect to their corporate messaging system via cellular, packet-radio, satellite, PSTN dial-up, and leased lines. The Company also offers OnAir SDK(tm), a software development kit for developers who want to make their existing applications wireless and INTERSITE(tm), a high-speed connector for the transfer of mail and directory information between Exchange servers. Telesis is headquartered in Toronto, Canada. The Telesis website can be found at www.telesis.ca.
About Abridean
Abridean Inc. has developed the leading application provisioning and management platform, abrideanProvisor. Provisor simplifies and automates application provisioning and management for Service Providers and enterprises. It allows them to drive to tremendous operational efficiencies through reduced costs, increased revenue and rapid delivery of services to users. Provisor is an XML-based platform that can be easily integrated with other infrastructure software, allowing for the fast and easy creation of complete solutions to meet user needs. Provisor can also be easily and rapidly customized to meet specific requirements within the data center. For more information, visit www.abridean.com.
(c) 2002 Telesis North Communications, Inc. Microsoft and Microsoft Exchange are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries. Other product and company names herein may be trademarks of their respective owners.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Such forward looking statements, particularly as related to the business plans of the Company, expectations of strategic relationships, business opportunities, acquisitions of capital equipment, availability of investment capital and future financing, and the Company's ability to gain market share, are based on current expectations that involve a number of risks and uncertainties. Actual results may differ materially from the Company's expectations and estimates. The Canadian Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.