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Teltronics Acquires the Assets of Access Communications/Collier Business Systems
Jan 28, 2008 (06:01 AM EST)
SARASOTA, Fla., Jan. 28 /PRNewswire-FirstCall/ -- Teltronics, Inc. , a world class manufacturer of high quality, dependable communications products and services, announced a newly formed partnership with the team members of Access and Collier Business Systems, Florida's Gulfcoast premier communications provider. The transaction is effective as of January, 18, 2008. The new relationship provides Teltronics the chance to build a strong, direct sales presence both local & domestically to promote the Cerato SE, Cerato IP, Cerato ME/LE (digital & VoIP switching systems), OMNIWorks (customer contact management system) and the voice, data and network monitoring solutions.
"We're pleased with the acquisition of Access Communications and Collier Business Systems. Teltronics has called Florida home for 39 years selling through distributors worldwide but has never had the opportunity to sell direct to the consumer in the local area," said Ewen Cameron, President and Chief Executive Officer of Teltronics. "This teaming gives Teltronics an additional install base of over 3,500 satisfied customers who are now backed directly by the manufacturer."
Per Chris Fickey and John Mitchell, Managing Partners for Access and Collier Business Systems, "The acquisition gives us a comprehensive, new product offering, more resources, improved support and an added level of experience while continuing to support any legacy communications system that our customers currently own."
Access Communications and Collier Business Systems, serving Southwest Florida for over 20 years, has provided a diverse communications platform offering: telephone systems sales and service, VoIP technology, Voice and Data Cabling, Communications Consulting, and Voice Mail/Auto Attendant Systems.
Teltronics, Inc. is a leading, global provider of communications solutions and services that help businesses communicate. The Company designs, develops and manufactures electronic equipment and applications software systems that enhance the performance of communications networks. Teltronics develops VoIP and digital telephone switching systems and software and contact center systems for small-to-large size businesses and government facilities. Teltronics also provides remote maintenance hardware and software solutions to help large organizations and regional telephone companies effectively monitor and maintain their voice and data networks. The Company serves as an electronic contract-manufacturing partner to customers nationwide. Further information regarding Teltronics is available at the web site, www.teltronics.com .
A number of statements contained in this press release are forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified as such because the context of the statement will include words such as we "believe," "anticipate," "expect," or words of similar import. Similarly, statements that describe our future plans, objectives, strategies or goals are also forward-looking statements. These forward-looking statements involve a number of risks and uncertainties that may materially adversely affect the anticipated results. Such risks and uncertainties include, but are not limited to, the timely development and market acceptance of products and technologies, competitive market conditions, payment of the consideration under our acquisition agreements, successful integration of acquisitions and the failure to realize the expected benefits of such acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, the ability to make payments under our outstanding indebtedness, the ability to pay dividends on our preferred stock, risks relating to foreign currency translations, and other factors described in the Company's filings with the Securities and Exchange Commission. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements made herein and are cautioned not to place undue reliance on such forward- looking statements. The forward-looking statements made herein are only made as of the date of this press release and we disclaim any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
CONTACT: Ewen R. Cameron, President & CEO of Teltronics, Inc., firstname.lastname@example.org+1-941-753-5000,
Web site: http://www.teltronics.com/