Business Services Industry
EIT Inc Receives Network Upgrade Orders From Sprint
Business Wire, Nov 16, 2004
HALIFAX, Nova Scotia -- The Helical Corporation Inc. ("Helical") (TSX-V-"HSI") advises that EIT Inc. (A company which Helical has recently executed an Agreement to Purchase) announced today that it has received several new purchase orders from Sprint, to upgrade Sprints network of Siemens DCO Systems These purchase orders, which ultimately will be worth over $300,000 USD should be delivered by the end of November at the request of Sprint. These software upgrades will bring this portion of Sprints network of Siemens DCO switching systems up to the latest release level that is available from Siemens and includes the US Government mandated, Communications Access for Law Enforcement (CALEA) feature that allows various law enforcement agencies to unobtrusively tap telephone lines of subscribers that are connected to digital switching systems in the Public Switched Telephone Network (PSTN). "We expect to see more orders of this type from Sprint and many of the other Independent Operating Companies" stated Peter Lyons, Vice President and General manager of EIT Inc.
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About EIT Inc.
Formed in 1994, EIT provides engineering and installation (voice and data) services to major Telecommunications manufacturers such as Siemens. In addition the company provides engineering, furnish and installation services to major telecommunications service providers including Verizon, Sprint, Bellsouth and many of the Independent Operating Companies (IOC).
About Siemens
Siemens Communications is one of the largest players in the global telecommunications industry. Siemens is the only provider in the market that offers its customers a full-line portfolio, from end-user devices to complex network infrastructure for enterprises and carriers as well as related services. Siemens Communications is the world's innovation leader in convergent technologies, products and services for wireless, fixed and enterprise networks. It is the largest Siemens group and operates in more than 160 countries around the world. In fiscal 2003 (September), its 60,000 strong workforce generated sales of about 17 billion euros.
More about Siemens at http://www.siemens.com/communications
Helical, at present, has 37,607,978 common shares issued and outstanding.
The Helical Corporation Inc. (TSX VENTURE:HSI)
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