| Rockville,
Maryland, (BUSINESS WIRE)—April 15, 2004 —
Teletronics International, Inc.
During the official launch of Bolivia's scheduled nationwide
Internet (or Wi-Fi) on March 31, 2004 in Santa Cruz,
Bolivia, Mr. Richard Sandobal, the General Manager of
Empresa Nacional De Telecommunications Soiedad Anonima
(ENTEL), and Dr. Dickson Fang, the President/CEO of
Teletronics International Inc. (Teletronics) entered
into a Letter of Intent (LOI) which pledges ENTEL's
and Teletronics' "continuing strategic cooperation".
As part of the official launch, ENTEL hosted a 2,000-guest
party attended by government dignitaries, telco executives,
industrialists and the general public to present and
demonstrate its advanced Wi-Fi system supplied by Teletronics,
a leading US wireless broadband equipment manufacturer
and solution provider. The system consists of a combination
of Base Stations and Client Station terminals strategically
located throughout Santa Cruz, a city of nearly 2 million
residents. The LOI reaffirms "Teletronics' grant
to ENTEL of an exclusive right to deploy Teletronics'
products for the entire country of Bolivia" for
its nationwide wireless Internet services, and Teletronics'
commitment to supply the equipment and technical support
including site surveys, system design, field trials,
training, and applications for the wireless access services.
Mr. Sandoval echoed a similar statement made by Mr.
Mario Fumi, the President of ENTEL, in his speech at
the official launch, referencing Teletronics "We
understand that the technology itself is constantly
evolving. For this reason, we are happy that ENTEL and
TELETRONICS have agreed to work closely together as
a team and are committed to keep up with the technological
advances to assure that all future expansions and additions
to the Wi-Fi network in Bolivia are and remain 'state-of-the-art'
allowing Bolivia to be connected to the entire world
with first-class technology."
Wi-Fi deployment is underway in Santa Cruz and La Paz,
the nation's capital, and will begin shortly in Cochabamba,
the third largest city in Bolivia. Dr. Fang noted that,
"with its Spanish/Portuguese-speaking technical
team offering substantive on-site support to major telecom
service providers throughout South America, Teletronics
continues to advance its mission to become a leading
global broadband wireless company, stating "with
Bolivia, we have laid another stone in the foundation,
and we look forward to continue supporting these types
of projects."
About Teletronics
Based in Rockville, Maryland with nearly 20 years of
history, Teletronics designs, develops, manufactures,
integrates, and services wireless systems. Teletronics'
innovative solutions provide fixed or mobile wireless
connectivity for indoor or outdoor network nodes for
data, voice and video transmissions.
Teletronics’ line of products features broadband,
high-speed, high-capacity transmission equipment and
includes servers, bridges, routers, antennas, amplifiers,
access points, WLAN Cards, modems, and other accessories.
Its customers include wireless ISPs that deliver high
speed, open access connectivity, with a need to provide
last 10-mile IP transport services to their clients.
Teletronics' equipment enables ISPs to claim speed,
efficiency, and ease of use at a fractional cost of
DSL or Cable Modem. In addition to hundreds of ISP clients,
Teletronics has binding exclusivity agreements with
public and private Internet deployment institutions
in several countries around the world.
Contact:
Kyaw Tun, 301-309-8500
Teletronics International,
Inc.
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