The Mirage Resort & Casino Chooses Teledex Telephones - Again; Decision to update guestroom telephones based on Teledex quality, innovation

Business Wire, Oct 17, 2001

Business/Travel Editors

SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 17, 2001

Teledex LLC - the first name in guestroom telecommunications - announced today that the famous Mirage Resort & Casino on the Las Vegas strip has again selected Teledex telephones for its guestrooms and suites. Teledex was the original provider of guestroom telephones to the Mirage for its opening in 1989. The purchase, valued in excess of $400,000 dollars, calls for the installation of over 5,600 new Teledex Diamond L2S-10E Elite telephones into the over 3,000 guestrooms and suites at this world-renown property.

Mr. Franz Kallao, director of hotel operations for the Mirage, says, "The guest expectations for the Mirage are huge, and Teledex helps us meet those expectations. Our original Teledex telephones, installed over 12 years ago, are still functioning perfectly. However, as part of our $38 million makeover, we decided to upgrade to the latest technology with these Elite model telephones, to provide our guests with the very best amenities. What's more, the Teledex lifetime warranty provides us the security of knowing that these telephones will be in service for a very long time, just like the originals. This was an easy call to make. Teledex leads the industry in innovation and quality, two attributes that are highly regarded at MGM MIRAGE."

"The Mirage Hotel was a significant installation for our company in 1989, our first major Las Vegas resort and casino customer", comments Teledex president, Ron Lesniak. "These telephones provided the first guest room data ports to Las Vegas guests, and the first single-button access to the Mirage's guest services. Our business partner at the time of this original installation was Centel Telephone, the same premier partner we are working with today under a new name, Sprint. After the first 12 years of service, we look forward to the next 12 years of working with Sprint, providing state of the art communications products to our valued customer," Lesniak concludes. With over 200,000 telephones installed in Las Vegas hotel properties, Teledex is by far the dominant supplier of guestroom telephones to this market.

Mr. Vince Pate, Sprint's general manager of major market business sales states, "As the telecom supplier of choice for MGM MIRAGE, this was a very important transaction for us. The Teledex team worked hard to meet important deadlines that were critical to this sale. Teledex leads the hospitality industry with high quality, innovative telephone products, which supports our goals, as Sprint continually strives to deliver best-of-class products and services for its clients. We look forward to many more projects such as this with MGM MIRAGE and other Sprint customers in the Las Vegas market."

About Teledex

Teledex LLC is the worldwide leader in providing high quality and durable guestroom telecommunications devices to the global hospitality industry. Teledex has been selected as a preferred supplier by most major hotel chains as well as a number of multinational corporations. With an established worldwide distribution network, Teledex has shipped over 5 million telephones to more than 125 countries, and is the first company in the hospitality industry to offer a lifetime warranty across all product lines. Founded in 1985, and based in San Jose, California, Teledex has twice been recognized as one of the 100 fastest-growing private companies in San Jose/Silicon Valley. Teledex maintains business offices in the United States, Peru, United Kingdom, Beijing, Hong Kong and Singapore. The company also maintains a distribution center in the free trade zone of Penang, Malaysia, and a separate product support and testing facility, also in Penang, and will open a new European distribution center in London, England later this year.

About MGM MIRAGE

MGM MIRAGE is an entertainment, hotel and gaming company headquartered in Las Vegas, Nevada, which owns and/or operates through subsidiaries 18 casino properties on three continents. Its U.S. holdings include: Bellagio, the MGM Grand Hotel and Casino - The City of Entertainment, The Mirage, Treasure Island, New York - New York Hotel and Casino, the Boardwalk Hotel and Casino and 50% of Monte Carlo, all located on the Las Vegas Strip; the Golden Nugget in Downtown Las Vegas; Whiskey Pete's, Buffalo Bill's, the Primm Valley Resort and two championship golf courses at the California/Nevada state line; the exclusive Shadow Creek golf course in North Las Vegas; the Golden Nugget in Laughlin, Nevada; the Beau Rivage resort on the Mississippi Gulf Coast; and the MGM Grand Detroit Casino in Detroit, Michigan. The Company is a joint venture partner on Borgata, a resort under development in Atlantic City, New Jersey and also controls several development sites in the ocean-front resort community. Internationally, MGM MIRAGE owns and operates the MGM Grand Hotel and Casino in Darwin, Australia and manages casinos in Nelspruit, Witbank and Johannesburg, Republic of South Africa. For more information on MGM MIRAGE and its operating subsidiaries, visit http://www.mgmmirage.com.