CGN Cognitronics Corp

DANBURY, Conn., Dec. 5 /PRNewswire-FirstCall/ -- Cognitronics Corporation (AMEX:CGN) announced today the receipt of a purchase order for approximately $1.2 million from a worldwide systems integrator for its CX4000 Media Servers for installation in a major cable service provider's telephony network. The CX4000s, which will be delivered in the current quarter, will be installed to equip the telephony network with enhanced voice services in its existing Advanced Intelligent Network (AIN) network. "This order represents the initial purchase by the end user of our CX Media Servers," said Brian J. Kelley, president and chief executive officer of Cognitronics. "We anticipate additional orders over the next few years to meet the growth needs in both the AIN and future VoIP networks of this customer. Cognitronics' CX Series Media Servers are the only voice platforms available in the market today which are built to support today's legacy networks as well as simultaneously interface to Next Generation softswitches and media gateways utilizing VoIP protocols." Cognitronics is a leading supplier of media server solutions to the telecommunications industry. The company's Cognitronics Exchange Network Media Servers (CX Series) are a cost-effective and highly scalable family of carrier class media server platforms, delivering advanced network media solutions in VoIP networks as well as in traditional AIN and TDM circuit switched and mixed network environments. For more information, visit the company's website at http://www.cognitronics.com/ . Statements contained herein which are not historical facts are forward- looking statements. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks and uncertainties including, but not limited to, the continuance of reduced capital expenditures throughout the telecommunications market, variability of sales volume from quarter to quarter, product demand, market acceptance, litigation, risk of dependence on significant customers, third party suppliers and intellectual property rights, risks in product and technology development and other risk factors detailed in the company's Securities and Exchange Commission filings. DATASOURCE: Cognitronics Corporation CONTACT: Harold F. Mayer of Cognitronics, +1-203-830-3494 Web site: http://www.cognitronics.com/

Copyright