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By the way here is the news release--SHERMAN OAKS, Calif., Dec 02, 2004 (PRIMEZONE via COMTEX) --
Telynx, Inc. (Pink Sheets:TLYN), a provider of network inventory management and provisioning software solutions to major telecommunications service providers, today announced that it has signed a licensing agreement with Hewlett-Packard. Under the terms of the agreement, TLYN will license its software source code to Telekom-Egypt. In addition, TLYN would provide ongoing software support to this firm. The contract is guaranteed for 2 years and has an additional 5-year optional extension. For its services TLYN would receive $65,000 per year, which would value the contract at $455,000 assuming a 7-year duration. Further details on this contract will be released in the coming week.
CEO Paul Mataras stated: "We are proud to be affiliated with a well-respected Fortune 500 Company such as Hewlett-Packard. This contract is a major step forward for Telynx and will open the door to several other similar deals in the near future."
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.
For more information please contact Curt Cramer at (886) 498-9890 or visit the Company website at www.telynx.net.
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with you on this one, I picked it up @ .01 how about you? there is a group behind this one which is taking it out. Could see .10 soon, news out today buy slow start.
the float is supposed to be only 16+m which means this could blast off, get it while you can.
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down a bunch today, I called NCI today to see what is going on, they said they haven't even started a push yet. They told me about ISME and AMRS that they have been working on, both up recently over 100%, I think I am going to buy more tomorrow.
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Nice to see some others in this one, thought I was the only one. LOL. I have had shares since before the reversesplit, but picked up a bunch more @ .015. Sold some of my position @ .04 and now I will wait for a bottom before it takes flight again. I am thinking around .015 again. But we will see.
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Telynx, Inc. (Pink Sheets:TLYN), a provider of network inventory management and provisioning software solutions to major telecommunications service providers, today announced that it has opened a Research and Development Center in Northern Israel. This center will be staffed with a new team of engineers who will be responsible for completing the development of the latest version of Telynx's Inventory and management software. In addition, the Company is also pleased to announce that it will soon open an office in London to support its operations in Europe, Middle East, and North Africa. Operations in North and South America and Asia will continue to be supported from the Company's US headquarters.
CEO Paul Mataras stated: "The opening of these new offices and especially the R&D center is in response to our expanding client base and rapid growth in the demand for our products and services. This is a notable accomplishment for TLYN and will assist us in reaching our revenue and profit goals in the coming year."
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.
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BC, the spread is .015 by .02 with only on offer at two. I bought more at .02 yesterday, the structure is so tight with 16 M in the float, it trades by appointment but a group I follow is working with them now and claim to be able to push the stock.
They are working on ISME now and just recently broke through a new level, so I am in the positive. They have been bringing in millions in buying on that one and said it will carry over to tlyn, anywas good look with you decisions.
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Got this today from Novak: Last week we were very excited about the potential lying within Telynx. The company is very tightly structured and is progressing in the right direction as we are lying the foundation now. The market went to extreme new highs around .04 cents just recently and currently resides around .02 cents. We will be expecting consistent news coming from the company and can expect to see new levels in the near term.
Telynx releases: Telynx, Inc. Opens a Research and Development Center in Northern Israel. Telynx, Inc. (Pink Sheets:TLYN), a provider of network inventory management and provisioning software solutions to major telecommunications service providers, today announced that it has opened a Research and Development Center in Northern Israel.
CEO Paul Mataras stated: "The opening of these new offices and especially the R&D center is in response to our expanding client base and rapid growth in the demand for our products and services. This is a notable accomplishment for TLYN and will assist us in reaching our revenue and profit goals in the coming year." -Click to Read the Entire Release.
Telynx, Inc. Opens a Research and Development Center in Northern Israel 12/9/04
SHERMAN OAKS, Calif., Dec 09, 2004 (PRIMEZONE via COMTEX) -- Telynx, Inc. (Pink Sheets:TLYN), a provider of network inventory management and provisioning software solutions to major telecommunications service providers, today announced that it has opened a Research and Development Center in Northern Israel. This cen ter will be staffed with a new team of engineers who will be responsible for completing the development of the latest version of Telynx's Inventory and management software. In addition, the Company is also pleased to announce that it will soon open an office in London to support its operations in Europe, Middle East, and North Africa. Operations in North and South America and Asia will continue to be supported from the Company's US headquarters.
CEO Paul Mataras stated: "The opening of these new offices and especially the R&D center is in response to our expanding client base and rapid growth in the demand for our products and services. This is a notable accomplishment for TLYN and will assist us in reaching our revenue and profit goals in the coming year."
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.
For more information please contact Curt Cramer at (516) 498-9890 or visit the Company website at www.telynx.net.
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.
posted
It appears they are starting to get things organized after months of laying dormant. So I am not surprised there is some selling, but overall this may be a good buy at these levels. I would really like to see them get a listin on a senior exchange and start reporting - gives investors like me something real to digest.
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I know what you are saying, they company looks to want to progress, with this structure and the right news we should not have a problem seeing this go over ten cents plus, I do not know the history of the management but do look forward to some more DD and a possiable move to the OTCBB
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Finished @ .015 on two small trades at the end of the day. May see this slide even more if the mms are getting into playing this one.
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Looks that way, but the company has told me that news will be consistant weekly and that the Novak group will be bring in their new investors. I figure a million shares or so and this will be over .10 cents.
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Telynx, Inc. Opens a Research and Development Center in Northern Israel Thursday December 9, 9:00 am ET
SHERMAN OAKS, Calif., Dec. 9, 2004 (PRIMEZONE) -- Telynx, Inc. (Other OTC:TLYN.PK - News), a provider of network inventory management and provisioning software solutions to major telecommunications service providers, today announced that it has opened a Research and Development Center in Northern Israel. This center will be staffed with a new team of engineers who will be responsible for completing the development of the latest version of Telynx's Inventory and management software. In addition, the Company is also pleased to announce that it will soon open an office in London to support its operations in Europe, Middle East, and North Africa. Operations in North and South America and Asia will continue to be supported from the Company's US headquarters. ADVERTISEMENT
CEO Paul Mataras stated: ``The opening of these new offices and especially the R&D center is in response to our expanding client base and rapid growth in the demand for our products and services. This is a notable accomplishment for TLYN and will assist us in reaching our revenue and profit goals in the coming year.''
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.
For more information please contact Curt Cramer at (516) 498-9890 or visit the Company website at http://www.telynx.net.
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.
A team of engineers will be responsible for completing the development of the latest version of Telynx's inventory and management software.
Globes correspondent 9 Dec 04 17:11
California-based Telynx Inc. (Pink Sheets:TLYN), a provider of software solutions for telcos, today announced that it has opened a research and development center in northern Israel. Telynx designs and markets a line of network inventory management and provisioning software products and related services to telecommunications service providers. Telynx's software is designed to track inventory, provide new services and provide a tool for managing network bandwidth.
The company stated that the center would be staffed with a new team of engineers responsible for completing the development of the latest version of Telynx's inventory and management software.
Telynx president and CEO Paul Mataras said, "This is a notable accomplishment for Telynx, and will assist us in reaching our revenue and profit goals in the coming year."
Last April, Mataras and company chairman Talieh Safadi purchased the assets of Telynx for $10.00 from former chairman and CEO Ali Al-Dawhi and former president Scott Munden. The assets consisted mainly of Telynx's intellectual property, vendor list, and accounts receivable. Prior to that, Telynx (formerly Cambio) , a Delaware corporation formerly based in El Paso, Texas, was dormant for approximately one year.
Mataras and Safadi's stated intention is to build up the company by settling its $4.8 million in liabilities and debts, and hiring software engineers to create an updated version of the company's signature software.
Restructuring included moving the corporate headquarters to Sherman Oaks, California, close to Hollywood where Safadi is a writer, director, producer, and filmmaker.
Mataras is president and CEO of Constant Innovation Technologies Corporation (CITC), a technology company specializing in the development of products utilized in the sports entertainment industry.
Last week, Telynx announced that it has signed a licensing agreement with Hewlett-Packard. Under the terms of the agreement, Telynx will license its netRunner software source code to Telekom-Egypt, and provide ongoing software support. The contract is guaranteed for two years and has an additional five-year optional extension, at $65,000 per year.
Published by Globes [online], Israel business news - www.globes.co.il - on Thursday, December 09, 2004
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