Tuesday May 12, 7:16 am Eastern Time
Company Press Release
SOURCE: Axiom Inc.
Axiom to Provide $1.8 Million in Engineering Services to US WEST
MOORESTOWN, N.J., May 12 /PRNewswire/ -- Axiom Inc. (Nasdaq: AXIM - news) today announced that it will be providing special
engineering services to US WEST Communications, Inc.
Axiom received an order from US WEST for special engineering services providing productivity-enhancing technology for its Sterling
Solution billing mediation systems. The value of these services is $1.8 million, of which $0.8 million for advance work was reflected in the
second quarter of the Company's fiscal year 1998. The recent order for the remaining $1.0 million represents a major continuation of this
work, and will contribute revenues in the second half of the Company's current fiscal year ending September 30, 1998.
Wes Porter, Axiom's Director of Product Management, stated, ''We are pleased to provide significant productivity gains as well as the
superior data management for which our products are already well known. These engineering services demonstrate not only the flexibility of
Axiom's Sterling Solution, but also Axiom's dedication to partnering with our customers to deliver value whenever and wherever we can.
Services of this type represent important new business opportunities for Axiom with its long-term customers.''
Serving telecommunications and information service providers worldwide for 30 years, Axiom Inc. is an ISO 9001 Certified company. Axiom
is recognized as a leader in the provision of real-time billing data collection and processing, fraud management and traffic management
systems. Additional information on Axiom can be found on its home page at axiomav.com.
This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of
competitive products and pricing, the volatility of international markets, product demand and market acceptance, new product development,
reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks
detailed from time to time in the Company's filings with the Securities and Exchange Commission.
SOURCE: Axiom Inc.