Business Services Industry
Bell Atlantic and Multimedia Systems Corp. announce technology license agreement for hotel marketplace
Business Wire, Dec 20, 1994
SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 20, 1994--Bell Atlantic Network Services and Multimedia Systems Corp. (MSC) Tuesday announced they have reached a non-exclusive license agreement providing Bell Atlantic access to MSC technology for use in Bell Atlantic's InfoTravel pilots announced on Aug. 3.
The agreement also provides for future deployments in select hotels nationwide. The terms of the agreements were not announced.
In commenting on the agreement, Dr. Scott Lewis, MSC's chairman, stated, "Our license to Bell Atlantic quantifies the value of our interactive technology and opens the door to a host of other telco and cable licensees both in the United States and internationally."
Both parties expressed their satisfaction in the success of the Santa Clara pilot and in the opportunity to move forward from this successful starting point into nationwide deployments.
"This positions Bell Atlantic to proceed with maximum flexibility in its development of the InfoTravel product," said Pat Cantwell, vice president of marketing and strategic planning for Bell Atlantic Directory Services.
Multimedia Systems Corp. (MSC) is a privately funded Silicon Valley, Calif., firm which has developed a series of advanced interactive technologies resulting in a family of systems and devices designed to transform interactive communications and media using existing telephone, cable and satellite networks.
These technologies, devices and systems are part of an ongoing international license program for use in developing and deploying revolutionary interactive services for customers throughout the world.
InfoTravel will be offered by Bell Atlantic Publishing Inc., part of the directory services group of the Bell Atlantic Corp. Bell Atlantic Corp. publishes more than 240 telephone directories in the mid-Atlantic region.
Bell Atlantic Corp., based in Philadelphia, is the parent of companies which provide a full array of local exchange telecommunications services in New Jersey, Pennsylvania, Delaware, Maryland, Virginia and Washington, D.C. The corporation is at the forefront of developing a variety of new products, including video, entertainment and information services. -0-
NOTE: InfoTravel is a trademark of Bell Atlantic.
CONTACT: Multimedia Systems Corp., San Jose
Scott Lewis, 408/437-1606
408/437-1621 (fax)
Miller Communications, Mountain View, Calif.
Ford Kanzler, 415/962-9550
415/962-0519 (fax)
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions


