TORONTO, May 1, 2002 (PRIMEZONE) -- Telesis (CDNX:TNC) (OTCBB:TNCVF), a developer and marketer of data acceleration software, announced today that an agreement has been signed with OTESAT, a mobile satellite service provider in Greece and around the world, to expand their number of users of Telesis-licensed software.
OTESAT is part of the Hellenic Telecommunications Organization SA (ASE:HTO) (NYSE:OTE), the Greek full service telecommunications provider of public, fixed switch domestic and international telephony services in Greece. With local, long distance and international communications services in addition to mobile telephony, Internet services, and high-speed data communications, OTE provides consumers and businesses the ability to communicate globally through its extensive network infrastructure.
With the unprecedented global growth in the use of satellite communications, satellite service providers are experiencing increased demand to provide comprehensive, less expensive and easy to use solutions for the growing mobile market.
Network service providers, such as OTESAT, implement Telesis' Mobile Mail Accelerator(tm) as a carrier-grade service due to the product's unparalleled scalability and reliability for remote communications. The Mobile Mail Accelerator's client-agent-server architecture uniquely addresses the challenge of overcoming slow network connections by optimizing TCP/IP network communications for the mobile user. Mobile Mail Accelerator can provide up to 10 times faster data transfer over a satellite connection, which results in greatly reduced costs for the end user.
OTESAT has long been recognized as a leader in mobile satellite services, partnering with Inmarsat (a global satellite network operator) in promoting both mobile-to-fixed and mobile-to-mobile global communications. "The recent extension of our footprint beyond the Mediterranean region to the rest of the world, especially in the maritime sector, required an expansion of our messaging and data communications services," said Andreas Sakellion, Commercial Director at OTESAT. "The combination of the Mobile Mail Accelerator from Telesis and Inmarsat's omnipresent satellite service will continue to provide an efficient and less expensive solution to meet the needs of our global customers, and we are ready to meet that demand."
"OTESAT is a long-time customer of ours and we are delighted to expand our service with them," said Derek Woods, CEO of Telesis. "Telesis aims to expand the use of its communications software to the mass market. Through partnerships with Service Providers such as OTESAT, we are leading the charge."
About OTESAT
OTESAT is a Group OTE Company founded in 1996 to provide mobile satellite services in Greece and around the world. The customer-driven corporation offers simple, affordable and user-friendly mobile satellite services promoting INMARSAT services through the OTE-owned "THERMOPYLAE" as well as associated Land Earth Stations (LESs) in the mobile-to-fixed and mobile-to-mobile directions. A recent partnership with CardioExpress enables OTESAT to provide immediate medical diagnosis, assistance and first-aid instructions to heart-related medical emergencies at sea 24 hours a day. OTESAT offers the full range of mobile satellite services addressing the needs of diverse segments of the market: from maritime to transport and corporate to the individual consumer.
About Telesis
Founded in 1989, Telesis North Communications Inc. ("Telesis") (CDNX:TNC) (OTCBB:TNCVF) develops and markets data acceleration software for wireless and landline networks. The Company's core product, OVERDRIVE(tm), allows ISPs and wireless carriers to accelerate the effective performance of their networks by up to 10 times, resulting in cost savings and greater customer satisfaction. For accessing email, the Web, or any corporate application, Telesis "makes data move faster." Telesis is headquartered in Toronto, Canada with a regional office in the UK. The Telesis Web site can be found at www.telesis.ca.
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