SHERMAN OAKS, Calif., Feb. 24, 2005 (PRIMEZONE) -- Telynx, Inc. (Pink Sheets:TLYN), a provider of network management solutions and related services for telecommunication service providers, today announced that that it has retained Equitilink LLC to expand its strategic investor relations program.
"Our company's corporate development and growth opportunities are at the point where it is appropriate to partner with an investor relations firm such as Equitilink to help us expand public awareness and get our story out to the investment community," said Paul Mataras, Chief Executive Officer of Telynx, Inc. "We believe that Equitilink is the right firm to advise and assist Telynx in our financial communications."
Telynx, Inc. markets a line of software products and related services to telecommunication service providers that are designed to track network inventory; manage network bandwidth; and enable these providers to offer their customers a greater selection of telecom products and services. The Company recently developed a new version of its flagship software NetRunner. These new additions and enhancements will allow Telynx to market its services to a much larger target audience of upwards of 100,000 companies nationwide. NetRunner is now an applicable and desirable network management software solution for companies with wireless and cable-based systems, Internet Service Providers as well as for companies in the growing Voice over Internet Protocol (VoIP) industry.
"We are privileged to represent Telynx, Inc.," said Tom Mahoney, Managing Director of Equitilink. "We have formed a great relationship with the management team and understand their long-term business plans and growth strategies. We are prepared to help the Company communicate its story to the investment community and thus help Telynx achieve greater shareholder value."
About Telynx, Inc.
Telynx Inc. designs and markets a line of software products and related services to telecommunications service providers. Telynx's software is designed to track inventory, provide new telecommunications services and provide a tool for managing network bandwidth. The company's software complies and supports the Tele-Management forum, OSS/J, 3GPP and 3GPP2 initiatives for all of its products. Its mission is to deliver an end-to-end product and solution set that directly impacts its customers' cost of providing a wide range of complex quality services in a timely fashion.
About Equitilink LLC
Equitilink assists public companies in improving their shareholder relations through professional, cost-effective public/investor relation strategies. Equitilink helps its clients achieve fair market value by expanding public awareness and enhancing corporate image. Additional information is available on the web at www.equitilinkpr.com.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of Telynx, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.