TORONTO, March 18, 2002 (PRIMEZONE) -- Telesis (CDNX:TNC) (OTCBB:TNCVF), a developer and marketer of data acceleration software, announced today the introduction of two new products that will accelerate all customer applications for Internet Service Providers (ISPs), wireless carriers, and large enterprises. Telesis also announced a new branding initiative whereby all products will become part of a product suite known as OVERDRIVE(tm).
The introduction of OVERDRIVE expands Telesis' potential market from users of Microsoft Exchange/Outlook to users of every application - including Microsoft Internet Explorer, Netscape Navigator, and popular corporate applications such as Lotus Notes. OVERDRIVE will accelerate these applications over any type of network, wireline or wireless, from high-speed DSL to low-speed dial-up and mobile phone connections. This will translate into significant increases in productivity while simultaneously lowering costs.
Announced today, and forming the foundation of OVERDRIVE, is the OVERDRIVE Communications Engine(tm), which compresses all TCP/IP traffic between any two computers. Typical applications would include database access, inventory and order management, remote application access, customer relationship management systems, and file transfer applications.
The other major components of OVERDRIVE include:
Web Accelerator(tm) - also announced today, this product transparently accelerates web surfing for all browsers, including Internet Explorer and Netscape Navigator. Web Accelerator will accelerate all connections, including wireless, DSL, Cable, and dial-up, thereby opening up Telesis' market to the approximately 500 million worldwide Internet users.
Mobile Mail Accelerator(tm) - formerly known as OnAir MOBILE(tm), Mobile Mail Accelerator provides acceleration and additional functionality for any of the 90+ million users of Microsoft Exchange/Outlook. Recent tests have shown speed improvements of more than ten-fold when using dial-up or "next generation" wireless networks. The Mobile Mail Accelerator is already deployed worldwide, being used by wireless, satellite, dial-up, and even high speed DSL and cable users.
Intersite Accelerator(tm) - accelerates mail transfer between Microsoft Exchange servers without the complexity of the X.400 or other common connectors. This product extends the capability of the Mobile Mail Accelerator from being between individuals and their corporate servers to accelerating mail transfers between regional or international offices.
Mobile Mail SDK(tm) - this Software Development Kit allows third party developers to take advantage of Telesis' technology, incorporating efficient communications and enabling applications to become wireless without having to directly address the challenges that Telesis has overcome.
"Our vision is to see OVERDRIVE become the de-facto standard accelerator for all computers," said Derek Woods, CEO of Telesis. "We have already demonstrated our technology leadership with our sophisticated email accelerators. Our thirteen years of research and development efforts have culminated in this enhanced product suite that dramatically broadens our market. Web Accelerator will literally change the way the world experiences the Internet. Add to this the ability of the Communications Engine to accelerate all corporate and peer to peer applications and the universal appeal of the OVERDRIVE suite is immediately apparent."
More information on the OVERDRIVE product launch will soon be available on the Telesis web site at www.telesis.ca.
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.
(c) 2002 Telesis North Communications, Inc. Microsoft and Microsoft Exchange are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries. Other product and company names herein may be trademarks of their respective owners.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Such forward looking statements, particularly as related to the business plans of the Company, expectations of strategic relationships, business opportunities, acquisitions of capital equipment, availability of investment capital and future financing, and the Company's ability to gain market share, are based on current expectations that involve a number of risks and uncertainties. Actual results may differ materially from the Company's expectations and estimates. The Canadian Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.