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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)December 11, 1997
TCSI Corporation
(Exact name of registrant as specified in its charter)
Nevada 0-19377 68-0140975
(State of incorporation) (Commission (IRS Employer
File Number) Identification No.)
1080 Marina Village Parkway, Alameda, California 94501
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (510) 749-8500
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Item 5. Other Events.
On December 11, 1997, TCSI Corporation issued a press release, a
copy of which is filed herewith as Exhibit 20.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
TCSI Corporation
By: /s/Arthur H. Wilder
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Arthur H. Wilder
Vice President, Finance and Administration,
and Chief Financial Officer
Date: December 11, 1997
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INDEX TO EXHIBITS
20. Press Release, dated December 11, 1997
ITALTEL AND TCSI EXPAND PARTNERSHIP IN EUROPEAN MARKETPLACE
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For additional information contact:
Leigh Salvo
TCSI Corporation
(510) 749-8653
[email protected]
ITALTEL AND TCSI EXPAND PARTNERSHIP IN EUROPEAN MARKETPLACE
Significant New Order Received for TCSI's SolutionCore from Italy's Largest
Equipment Supplier
ALAMEDA, CALIFORNIA - December 11, 1997 - TCSI Corporation (Nasdaq: TCSI),
a leading global provider of software to the telecom industry, announced
today that it has signed a follow-on agreement for software and services
with Italtel, Italy's premier supplier of equipment and services for the
telecom industry. Under the terms of the agreement, TCSI will supply
additional licenses of its flagship product, SolutionCore, to Italtel, to
support a wide range of new operational support system (OSS) developments.
This agreement establishes Italtel as the world's largest SolutionCore
licensee and represents the continuation of a strong three year alliance
between the companies.
Italtel has already deployed five major systems using SolutionCore as a
platform. These systems have encompassed element management systems for
SS7, GSM and Full Service Access Network (FSAN) equipment, integrated
network management systems, as well as a service management application
that relates network failures to customer-specific services. Taking
advantage of a key feature of SolutionCore - reusability - more than 60
percent of the code used in Italtel's most recently-developed system came
from other Italtel systems built on the TCSI platform.
"To maintain our leadership position as a major supplier of advanced
management systems, Italtel moved quickly towards object-oriented
development technologies to build up an efficient and effective software
development environment," said Luigi Frassani, Senior Director of Italtel's
TLC Network Management Systems. "We moved to this new technology before
anyone else, because we saw that the old way of developing systems would
not keep up with new demands. When we looked at who was providing these
leading edge solutions, we believe we made the best choice in the market,
and selected TCSI." Italtel's latest purchase confirms that TCSI continues
to meet this innovator's needs.
Keith Willetts, TCSI's senior vice president and Managing Director for
Europe, said, "Leading edge companies such as Italtel are looking for
market-proven technology that offers power and scalability. To date, the
software with the best track record for delivering these telecom management
systems is SolutionCore." Willetts anticipates that this latest agreement
with Italtel will solidify TCSI's position in Europe, where an open,
standards-based approach is essential for long-term profitability.
About Italtel Worldwide
Excellence in research and technology, rapid response to market demand,
solutions and systems adapted to customer requirements. These are the
decisive factors in the competition that characterises the world
telecommunications market. Italtel is an international supplier of TLC
networks, and operates with success in the design, development and
installation of systems that are integrated in their method of
communication, that are technologically advanced, and that are open to
mobility and multimedia requirements. With this wealth of know how,
Italtel is more than just a manufacturing company: it is now the partner of
worldwide telecommunications operators for front line technology, for the
design and development of new networks, for the offer of new services, and
for customer assistance - at all times. With this global offering,
Italtel's specialists look after the requirements of their customers in
over 100 countries.
Billings of over 4,350 billion lire are forecast for 1997, representing an
increase of 12 percent as compared to 1996, and a significant profit level.
In line with company objectives, Italtel sales abroad are also increasing
considerably and will amount to over 2,000 billion lire by the end of 1997.
The incidence of sales on international markets will therefore be
approximately 47 percent of total revenues.
TCSI Corporation Product and Services
TCSI provides integrated products and services to many of the world largest
and most successful telecom companies. TCSI offers SolutionServicesTM, a
full range of services including consulting, customized development,
deployment, maintenance, and training. SolutionCoreTM, TCSI's industry-
leading application environment, enables the rapid development and
deployment of advanced element, network, and services management systems.
TCSI's SolutionSuitesTM are integrated packages of applications components
to automate the management processes of Intelligent Network, Broadband, and
Digital Cellular services and networks.
About TCSI Corporation
TCSI is a leading provider of integrated software products and services for
the global telecom industry. A recognized innovator in object-oriented
technology, TCSI products and services enable telecom service providers and
equipment manufacturers to rapidly meet the growing demand for integrated
and automated management of a wide range of networks and services. TCSI
serves its customers in offices throughout North America, Europe, and the
Pacific Rim.
This press release contains certain forward-looking statements as that term
is defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to a number of risks and
uncertainties which could cause actual results to differ materially from
those projected. Such risks include, but are not limited to the timing of
significant customer orders and capital spending patterns of the Company's
customers. Further risks are detailed in the Company's filings with the
Securities and Exchange Commission, including its most recent Annual Report
on Form 10-K and Quarterly Reports on Form 10-Q.
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For further information on TCSI Corporation, please call our automated
faxback line at
(800) 264-1603 or join us on the World Wide Web at http://www.tcsi.com.
TCSI, SolutionServices, SolutionCore, and SolutionSuites are trademarks of
TCSI Corporation. All other product and services listed herein are
trademarks of their respective companies.
