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PRNewswire: XETA Technologies and Elastic Networks Form Strategic Alliance

Jun 21, 2000, 20:11 (0 Talkback[s])

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"XETA Technologies (Nasdaq: XETA) has entered into a preliminary agreement to form a strategic alliance with Elastic Networks. The companies plan to offer the lodging industry a single hardware platform that includes both XETA's Virtual XL(R) Series Call Accounting System and Elastic's Yesware Software solutions for High-Speed Internet Access. With this alliance, hoteliers can purchase a single hardware platform, yet profit from two revenue-enhancing pieces of Linux-based software."

"In February 2000, XETA announced a strategic partnership with Louisville- based service provider Darwin Networks to offer the Elastic high-speed DSL (Digital Subscriber Line) Internet access technology to the hospitality industry. The new alliance between XETA and Elastic will further enhance this offering as it simplifies the equipment, maintenance and purchase for the hotelier. Also, with both pieces of software running on Linux operating systems, the combination of the two technologies onto a single hardware platform is a natural fit."

"We've taken two excellent systems and made them even better," said Don Reigel, President of XETA's Lodging Division. "Because both call accounting and high-speed Internet access will increase revenue, the pairing of the two results is a profitable venture for any hotelier."

Press Release