DRAFT NEWS RELEASE                                                                                          23 August 2004

 

MAJOR BUSINESS OPPORTUNITY FOR DISTRIBUTORS OF PSITEK PRODUCTS IN VIETNAM

 

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Psitek (Pty) Ltd, Africa’s world leaders in developing and manufacturing telecommunication solutions for the global market since 1990, will be displaying two innovative products at the 10th International Exhibition in Vietnam on Telecommunication, Information Technology and Posts and the 1st Exhibition on Electronics Products in Hanoi from 9 to 13 November 2004.

 

The Psitek Jembi

 

 

The Jembi is a pay phone that is used as a business tool for the vending of voice calls, SMS and even pre-paid GSM PIN tokens. Portable and reliable, it has a built-in rechargeable battery and antenna and can be powered by an external power sourcesuch as mains current, an external battery or solar panel.

 

The Jembi is South Africa’s latest brand in the supervised retail of GSM cellular airtime on a per-call basis.  It is commonly used in informal trading sectors in Africa where there is limited or no fixed-line access.

 

There are three key players in the Jembi distribution chain. Psitek appoints distributors who manage the units and, in turn, contract mobile network operators (MNOs) who operate the Jembi in the public domain. The distributors sell talk time to Jembi owners on a pre-paid basis, the public pay the MNOs to make calls or send SMSs and the MNOs pay the distributors at a lower rate than they charge the public.

 

 In order to manage the credit risk, the Jembi contains purse manager firmware, meaning that the unit will only work if the purse contains money. Only the distributors can load the virtual money and they only do so once the MNOs have paid real money to the distributors.


MAJOR BUSINESS OPPORTUNITY FOR DISTRIBUTORS OF PSITEK PRODUCTS IN VIETNAM

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For security purposes, each SIM card will only work with its allocated unit and can also be set to work at certain base stations. If it is moved from its allocated venue, the unit will inform the relevant person. This is to prevent sellers from encroaching on one another’s territories.

 

It also offers the option of a remote unit, allowing the user privacy when making a call.

 

The Psitek Fusion 100

 

 

The second product, the Fusion 100, is a GSM interface cost saving device that allows landline calls to be routed via a GSM cellular network, offering the security and hardiness of standard telephone units. This saves companies money by providing cost-effective calls to mobiles by being connected to a PABX, standard PSTN telephone or a serial port. 

 

Fusion 100 allows companies to take advantage of cost efficiencies gained by making calls to a mobile phone via a GSM network without passing over the PSTN network. The PABX is programmed to route all outgoing calls made to mobile phones

to the Fusion 100 connected on its trunk lines. Billing is then done on a GSM network at a more cost effective rate.

 

Fusion 100 also supplies a temporary telecommunications infrastructure in areas where there is none, such as on building sites or in disaster areas.

 

The Fusion 101 is also available in a card based rack version for larger companies where the demand exists for mulitiple Fusion installations. Each card has the functionality of the Fusion 100 and the rack fits into a standard 19” frame used for LAN routing server equipment. It requires one power supply and utilises up to two external antennae for up to 16 SIM cards.

 

The Fusion offers features, such as optional battery backup, an easily accessible SIM card holder, provision for an extended antenna cable, a Windows-based configuration utility, remote management, field upgradeable via a serial port, network and call statistics, a call back function, automatic call termination with warning tones to restrict call duration, call barring, caller ID forwarding, configurable tones, provision for SMS management and automatic or remote reboot, among others.

 

It can be fitted to many different makes of PABX and is configurable to allow for unique PABX settings. 

 

According to Psitek Chief Executive Officer, Ian Harrison, Psitek (Pty) Ltd has developed a management tool to assist distributors with their responsibilities and to enable them to provide the best possible service to their customers.

 

He adds, “Psitek has a unique understanding of the challenges and opportunities offered by emerging and established telecommunications markets around the world. Continuously finding solutions to problems by offering simple and aspiring ways for entrepreneurs to make money, our vision is to be the best in the world at unlocking problems specific to the emerging economic


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regions of the world, and creating product solutions that are appropriate and meaningful to the lives of those living in these regions. “

 

Cliff Warren, the Psitek Business Development Executive Asia Pacific, who will be in Vietnam to sign up distributors, said, “Psitek, which is a leader in innovative global technology, is offering potential distributors a unique opportunity to market, sell and support products that are strong and reliable in a growing and competitive market. Besides the revenue that a distributor can make on retailing the products at no credit risk, there is potential significant recurring revenue opportunity and scope for tremendous job creation, social upliftment and enhanced communication.

 

“We are aware of products manufactured in other parts of the world which may cost less but are not as strong and reliable as ours and are not privy to the years of experience of a world leader, such as Psitek.”

 

Never afraid to tackle new and promising fields within the industry, Psitek has enjoyed steady and continuous growth by focusing on key niche market segments.

 

For the past eight years, the bulk of the company resources has been aimed at the implementation of cutting edge technology. By consistently maintaining product differentiation through extensive research into product features and technological innovation, Psitek focuses on exceeding customer needs and producing superior solutions.

 

Readers requiring further information may contact Cliff Warren on 27-21-912 2122 or 27-82- 990 0911 or cliff.warren@psitek.com They could also email Psitek on sales@psitek.com or contact the Psitek helpline in South Africa on 0860 774 835.  Alternatively, they may wish to visit the Psitek website www.psitek.com 

 

ENDS

 

 

Issued by                     Rosemary Hare Public Relations cc

                                    P O Box 12521

                                    MILL STREET

                                    8010

 

On behalf of                Psitek (Pty) Ltd

                                    P O Box 4414

                                    TYGER VALLEY

                                    7536

 

For further information, please contact Lisa Hayward at Rosemary Hare Public Relations on (021) 465-166 or 082 579 3790.

 

All news releases produced by Rosemary Hare Public Relations are available on the website www.rosehare.co.za