ATLANTA, Sept. 10 /PRNewswire/ -- Preferred Networks, Inc. (Nasdaq: PFNT)
(PNI), a leading outsourcing services provider to the wireless industry,
announced that its Network Services Division has been renamed "PNI Access
Services," effective immediately.
Gary Park, President of PNI Access Services, said "The name change to PNI
Access Services better reflects the broader scope of our service offering.
PNI's non-branded networks and switching facilities (Technical Control
Centers, or "TCCs") enable companies to access the technical backbone required
to bundle and market wireless messaging services to subscribers under their
own brand names. We currently provide network services to approximately 1,800
companies, which in turn provide paging services to over 500,000 subscribers.
In addition to centrally controlling PNI's paging networks, the TCCs are now
also supporting other forms of information and messaging protocols. For
example, today twelve companies house their terminal equipment in our TCCs,
including a number of companies that utilize the TCCs to access non-paging
information services, such as Internet services."
Preferred Networks, Inc., headquartered in metropolitan Atlanta, provides
outsourcing solutions to the wireless industry which allow companies to offer
branded wireless services directly to subscribers, while relying on PNI to
provide high-quality network, technical, and product services. PNI offers its
services through its Access Services Division, a provider of wholesale paging
network services and information services technical support, and through its
wholly owned subsidiaries: Preferred Technical Services, Inc., a provider of
paging network equipment installation, maintenance and engineering services;
and EPS Wireless, Inc., a national provider of paging and cellular product
repair services, sales of new, used and refurbished paging and cellular
products and inventory management services. PNI's address on the World Wide
Web is http://www.pni.net.
Safe Harbor Statement Under the Private Securities Litigation Reform Act
of 1995: The statements contained in this release which are not historical
facts, such as those concerning future financial performance and growth, are
forward-looking statements that are subject to risks and uncertainties,
including those identified in the Company's 1997 Annual Report on Form 10-K
and in its June 30, 1998 10-Q, and actual results could differ materially from
those anticipated in the forward-looking statements.
SOURCE Preferred Networks, Inc.
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Related links:
http://www.pni.net
Company News On-Call: http://www.prnewswire.com or
fax, 800-758-5804, ext. 109794
CONTACT:
David Sullivan, Director of Corporate
Relations, Preferred Networks, Inc., 770-582-3507
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