Business Services Industry
Teltronics Named to dbusiness.com '50 TO WATCH' List
Business Wire, April 18, 2000
Business Editors/High Tech Writers
SARASOTA, Fla.--(BUSINESS WIRE)--April 18, 2000
Teltronics Inc. (Nasdaq: TELT) today announced that it has been named to dbusiness.com's "50 TO WATCH" list of growing companies in Tampa Bay for the second quarter of 2000.
Each quarter, dbusiness.com--a leading local business-to-business news, content and e-commerce destination--unveils its "50 TO WATCH" list highlighting those companies that are setting new standards, attracting significant venture capital investments, forging influential business models, and developing products and services that are changing our economy.
"The `50 TO WATCH' list is comprised of dynamic companies that have positioned themselves for tremendous growth," said Tom Maffettone, CEO of dbusiness.com. "These fast-moving companies are changing the economy and have the potential to grow their business, be it through additional venture funding, and initial public offering or acquisition."
"Being a part of the dbusiness.com `50 TO WATCH' list validates our efforts to become one of the industry leaders in the telecom switching and high tech communications arena," said Ewen Cameron, President and Chief Executive Officer of Teltronics.
About dbusiness.com:
dbusiness.com is the leading Internet provider of local business intelligence, including new, e-commerce services, business tools, and investment and research resources for small businesses. Through its 18 local business destination sites in major markets across the United States, dbusiness.com is the nation's only comprehensive business resource tool for small businesses.
Visit http://www.dbusiness.com for braking local news and in-depth local coverage in: Atlanta; Austin; Texas; Baltimore; Boston; Charlotte/Research Triangle Park, NC; Dallas; Denver; Houston; Los Angeles: Minneapolis/St. Paul; Orlando, FL.; Philadelphia; Portland; San Diego; Seattle; South Florida; Tampa Bay, FL.; and Washington/Northern Virginia.
About Teltronics Inc.
Teltronics, Inc. is dedicated to excellence in the design, development, and assembly of electronics equipment and software to enhance the performance of telecommunications networks. The Company manufactures telephone switching systems and software for small-to-large size businesses, government, and 911 public safety communications centers. Teltronics provides remote maintenance hardware and software solutions to help large organizations and regional telephone companies effectively monitor and maintain their telecommunications systems. The Company also serves as an electronic contract-manufacturing partner to customers in the U.S. Interactive Solutions, Inc., a subsidiary of Teltronics, Inc., designs, manufactures and markets technologically advanced, voice-activated, multimedia computer solutions and LCD display technologies. Teltronics' common stock trades on The Nasdaq SmallCap Market tier of The Nasdaq Stock Market under the symbol "TELT". Further information regarding Teltronics can be found at their web site, http://www.teltronics.com.
The completion of the transaction described here in and any synergy between out product lines are forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including approval of the dissolution of Telident by Telident shareholders, the satisfaction of customary closing conditions, the market acceptance of the products and technology offered following Teltronics' purchase of Telident's assets and other factors described in both Teltronics' and Telident's filings with the Securities and Exchange Commission. The actual results that the Companies achieve may differ materially from any forward-looking statements due to such risks and uncertainties.
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