Guest-Tek's Sigpro & TeleMatrix Announce the Launch of the TeleMatrix 1170 Touch Screen Telephone



    CALGARY, Nov. 13 /CNW/ - Guest-Tek Interactive Entertainment Ltd.,
("Guest-Tek" or the "Company") (TSX:GTK), a leader in providing broadband
technology solutions to the global hospitality industry, announced that
TeleMatrix, Inc ("TeleMatrix"), a worldwide leading supplier of hospitality
and business telephones, and Sigpro, a wholly owned subsidiary of Guest-Tek
have signed an agreement (the "Agreement") to jointly develop and launch the
1170 touch screen telephone. The 1170 is a multi-service SIP display telephone
that will provide hoteliers a new paradigm for the cost effective deployment
of IP telephony. Under the terms of the Agreement, TeleMatrix will complete
development of the 1170 phone, and will manufacture the 1170 and certain other
Sigpro products under license from Sigpro. Guest-Tek and Sigpro will market
the 1170 to the hospitality market while TeleMatrix will provide global
distribution through its established network of dealers.
    "TeleMatrix has been working with Sigpro and Guest-tek for many years on
various projects. We have enjoyed a good working relationship and are pleased
to take on this project. TeleMatrix has been working behind the scenes for
some time blending in our existing SIP technology with our DECT developments.
The 1170 is already well underway and has some wonderful technology," says
Jose Quiros, VP of Sales & Marketing for TeleMatrix & Scitec.
    "We have seen tremendous interest in this product from hoteliers around
the world and are pleased to be working with TeleMatrix to get the product to
market and ensure strong global distribution. Hoteliers in many sectors have
recognized the significant economic benefit they can realize from the
convergence of WiFi, DECT, and SIP in this product along with a powerful
display that enhances the in-room experience," said Mike Tourigny, CEO of
Sigpro.
    The 1170 Touch Screen Telephone is expected to be finished and on display
at the HITEC 2008 Expo, and is scheduled for release in June 2008.

    ABOUT TeleMatrix

    TeleMatrix is a leading provider of telephones for the commercial,
hospitality, and residential markets. TeleMatrix has over 6 million telephones
installed at over 20,000 customer sites worldwide. TeleMatrix is headquartered
in Colorado Springs, Colorado USA and has qualified distributors in North
America, Europe, the Middle East, Africa, Asia/Pacific, South America, and
CALA.

    ABOUT GUEST-TEK

    Guest-Tek is the world's largest provider of IP based technology
solutions for the hospitality industry. Guest-Tek's OneView platform provides
hotels with converged data, video and telephony services. Guest-Tek is a
preferred vendor to major hotel brands, providing services including network
design, procurement, implementation, and post sales customer support to 3,066
properties and over 507,000 rooms. Guest-Tek's common shares trade on The
Toronto Stock Exchange under the trading symbol "GTK". The company's head
offices are in Calgary, Alberta, and it has major support facilities in
Irvine, California, and Warsaw, Poland as well as Sales offices located
throughout North America and Europe. For more information about Guest-Tek, go
to www.guest-tek.com.

    The above disclosure contains certain forward-looking statements that
involve substantial known and unknown risks and uncertainties. These
forward-looking statements are subject to numerous risks and uncertainties,
certain of which are beyond Guest-Tek's control, including: the impact of
general economic conditions, industry conditions, increased competition, the
lack of availability of qualified personnel or management, fluctuations in
foreign exchange or interest rates, stock market volatility and market
valuations of companies with respect to the announced transactions and the
final valuations thereof, and obtaining required approvals of regulatory
authorities. Guest-Tek's actual results, performance or achievement could
differ materially from those expressed in, or implied by these forward-looking
statements and, accordingly, no assurances can be given that any of the events
anticipated by the forward-looking statements will transpire or occur, or if
any of them do so, what benefits, including the amount of proceeds, that
Guest-Tek will derive therefrom.

    %SEDAR: 00020221E




For further information:

For further information: Arnon Levy, President & CEO, Guest-Tek, (403)
444-8488, arnon.levy@guest-tek.com; Geoff Clark, CFO, Guest-Tek, (403)
444-8427, geoff.clark@guest-tek.com

Organization Profile

GUEST-TEK INTERACTIVE ENTERTAINMENT LTD.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890