KING PRODUCTS RECEIVES $1.1-MILLION CONTRACT FROM CANADA PAYPHONE FOR PUBLIC
(Canada Newswire; 07/20/98)
TORONTO, July 20 /CNW/ - KING Products Inc. today announced it has signed
an initial contract worth $1.1 million to supply Canada Payphone Corporation
with hundreds of multimedia Internet terminals.
Canada Payphone, together with AT&T Canada Long Distance Services, will
market the public terminals, which are expected to be installed in hotels and
convention centres in Toronto and Vancouver beginning October 1998. Canada
Payphone plans to have additional Internet terminals at other major urban
centres across Canada in 1999.
"This is the largest roll out of public access multimedia terminals by a
telecommunications company in North America," said Peter Richards, President
and CEO of KING Products, which is based in Toronto. "We are proud to have
been chosen to supply the Canadian public with state-of-the-art Internet-
The wall-mounted terminals feature a large flat-panel touchscreen display,
keyboard and card reader, with full-motion video and sound capabilities.
Linked via ISDN lines, the terminals allow the public to send and retrieve e-
mail, regardless of which Internet service provider is normally used.
In addition to e-mail, users will be able to access AT&T Canada's Internet
service, shop for information, services and products, and complete commercial
transactions using a credit card or a pre-paid access card. The terminals will
also run advertisements.
"These public Internet terminals, which incorporate a new and advanced
compact design, will be part of our new intelligent competitive payphone line
of products," said Stephen Niven, Vice President, Corporate Development for
Canada Payphone, together with AT&T Canada, is the first to take advantage
of the CRTC's June 30 decision, which breaks the monopoly of provincial phone
companies and allows for payphone competition.
"We're proud to be partnering with Canada Payphone Corporation and KING
Products in the roll out of these highly advanced terminals," remarked Anil
Amlani, Senior Vice President of Strategic Planning at AT&T Canada. "These
kinds of public terminals are truly the wave of the future and we're excited
about the added exposure they're going to bring us in the marketplace."
About KING Products
KING Products Inc. is a leader in providing multimedia enhanced, computer
telephony terminal systems for public access to networked, web-based
information, electronic commerce and telecommunications. The products are
available as multimedia enhanced public access computers and as multimedia
enhanced payphones. KING is based in Toronto, Canada, with offices in New
York and Kansas City. The company, which has 9,353,283 shares issued and
outstanding, is traded on the Canadian Dealing Network under the symbol
About Canada Payphone Corporation
Canada Payphone Corporation is a leader in the telecommunications industry
and the first in the competitive payphone market. Its state-of-the-art
technology provides local access to high-quality products and services on a
national basis. Canada Payphone Corporation's common shares trade on the
Vancouver Stock Exchange under the trading symbol "CPY".
About AT&T Canada
AT&T Canada Long Distance Services Company is Canada's national facilities-
based carrier, offering business and residential customers a variety of
products for voice, data and message communications. The company has built on
150 years of history to become an innovative Canadian organization serving
Canadians' long distance telecommunications needs, now with the added benefit
of AT&T global technology, expertise and quality. More information about AT&T
Canada Long Distance Services can be found at www.attcanada.com on the World
(x) An electronic rendering of Canada Payphone's public Internet terminal
is available upon request.