AG Communication Systems to resell Precision Systems' Uniport Product line; AT&T and GTE Joint Venture to Make UniPort the Core of New Advanced Intelligent Network Offering

Business Wire, Sept 14, 1995

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Sept. 14, 1995-- Precision Systems (NASDAQ:PSYS) announced Thursday that AG Communication Systems will sell, support, and distribute Precision Systems' UniPort enhanced services platform as the INgage(tm) Enhanced Services Platform in their line of advanced intelligent network (AIN) products and services.

AG Communications Systems is a joint venture of AT&T and GTE, established to sell and support network-based telephony equipment. UniPort will be programmed with INgage enhanced services applications including voice activated dialing, debit card, short message service, facsimile, single number service, and simultaneous ring.

"With the INgage ESP, we can offer our customers total solutions -- or one stop shopping -- for value-added services," said Gerry Bobeczko, vice president and general manager of AG Communication Systems' INgage business unit. "Precision Systems has the technology we want to offer our customers. We've got the software expertise, size, and reputation to get the product to market and support it long afterward."

AG Communication Systems, a joint venture of AT&T and GTE, is a leading developer and manufacturer of advanced telecommunication products and services, including its INgage family of AIN products. The company's digital switching systems serve more than 17 million customers worldwide, accounting for more than $265 million in revenue last year.

Precision Systems Inc. provides state-of-the-art network-based enhanced services communications solutions. The company's product lines deploy interactive voice, data, and video technologies on a unified software platform, enabling wireless and wired communications providers to be first-to-market with value-added service offerings.

CONTACT: Precision Systems Inc., St. Petersburg

John Hindman, Chief Financial Officer

813/572.9300, ext. 3205