* To: slug@Sunset.AI.SRI.COM * Subject: SYMBOLICS ENTERS SECOND PHASE OF MAJOR SYSTEMS/SERVICES CONTRACT WITH SPRINT * From: Lynda Little * Date: Thu, 1 Oct 1992 16:38-0400 Contact: Mimi Englander or Leslie Scott, Sterling Hager, Inc., (617) 259-1400 FOR IMMEDIATE RELEASE SYMBOLICS ENTERS SECOND PHASE OF MAJOR SYSTEMS/SERVICES CONTRACT WITH SPRINT --Sprint Completes Phase I Development of State-of-the Art, Real-Time Telephone Fraud Detection Application Using Symbolics' Object-Oriented Technology-- CONCORD, Mass., September 24, 1992 -- Symbolics, Inc. today announced that it has completed a significant contract with telecommunications industry leader, Sprint. This has resulted in the development by Sprint of a real-time telephone fraud detection application using Symbolics' object-oriented programming environment. The contract is a two-fold agreement consisting of Symbolics' systems and consulting services. First, Sprint purchased more than 50 Symbolics turnkey systems for developing the fraud detection application. The initial phase involving the development of the application has been completed and is in the process of being deployed. In the second phase, Symbolics Consulting Group is assisting the Sprint project team in several facets of application development and deployment, including integrating multiple mainframe andIworkstation-based systems in a wide-area network supporting TCP/IP, X.25 and SNA. "This contract epitomizes Symbolics' strength as a provider of comprehensive solutions to mission-critical business problems," stated Symbolics Vice President, Development and Consulting, Saiid Zarrabian. "We believe we offer the best application development environment currently available to address problems of this magnitude and complexity, and our Consulting Group possesses the expertise to assist customers like Sprint with programming services, systems analysis and computer network integration to help ensure the most feasible migration path for the application." Commenting on the relationship with Symbolics, Sprint's Director, Toll Fraud Prevention, Myra DeVall, stated: "This application will help Sprint maintain a leadership role in the telecommunications industry in terms of enhancing our commitment to provide our customers with the best protection against fraudulent telephone usage. We selected Symbolics because it meets our needs from the standpoint of providing the appropriate equipment, consulting services and programming development assistance to address a specific business problem. Symbolics' consulting services personnel have worked closely with us to ensure that the application will function as it should and integrate easily and without penalty into our existing systems." Sprint is a diversified international telecommunications company with $8.9 billion in annual revenues and the United States' only nationwide all-digital, fiber-optic network. Its divisions provide global long distance voice, data and video products and services, and local telephone services to more than 4 million subscriber lines in 17 states. Symbolics Consulting Group, an operational division of Symbolics, applies advanced technology to solve mission-critical business problems that are beyond the realm of conventional software approaches. The Consulting Group provides services in the areas of systems planning, application development and feasibility analysis for the development and deployment of advanced information systems. Symbolics, Inc., (NASDAQ: SMBX) headquartered in Concord, Mass., is the leading provider of symbolic processing technology used in sophisticated applications, including online decision support, expert systems, and scheduling and planning. The Company provides software and hardware tools and consulting services to some of the world's largest corporations, devising applications solutions to mission-critical business problems in the telecommunications, manufacturing, utilities and transport industries. ###