The Helical Corporation Inc.

The Helical Corporation Inc.

March 03, 2005 14:47 ET

Helical: EIT Announces DCO GR-303 & Release 25 Developments


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: THE HELICAL CORPORATION INC.

TSX VENTURE SYMBOL: HSI

MARCH 3, 2005 - 14:47 ET

Helical: EIT Announces DCO GR-303 & Release 25
Developments

HALIFAX, NOVA SCOTIA--(CCNMatthews - March 3, 2005) - The Helical
Corporation Inc. ("Helical") (TSX VENTURE:HSI) wishes to report that
it's wholly owned telecommunications subsidiary EIT Inc today announced
that further to the recent announcement by Siemens of the availability
of Release 25, the latest generic software for it's DCO switching system
which contains GR-303 protocol and associated hardware, EIT has received
Requests For Proposals ("RFP's) from Independent Operating Companies
("IOC"), that EIT services on behalf of Siemens, totaling over $1.5
million. "Although we anticipated a high demand for the Release 25, we
are pleasantly surprised at the early volume of proposal requests
received from the various customers" stated Rick Brashear, Director of
Sales for EIT. "We knew there was a pent up demand for the GR-303
feature on the DCO switching system but the level of interest far
exceeds our expectations" continued Brashear. "Just yesterday, EIT had a
request from Sprint for proposals to add this capability to all the DCO
systems in their network" added Brashear. EIT also stated that it
expects formal purchase orders for these upgrades to materialize within
the next 30-45 days.

About Helical and EIT Inc.

The Helical Corporation Inc. through subsidiary Helical Systems Inc.
(www.helical.ns.ca) is the developer of a revolutionary software
platform for Very Large Data Base (VLDB) management. The advanced
capabilities of the software allow for the acquisition, visualization,
fusion, management and archiving of near limitless quantities of data in
real time at the desktop level. Helical is focused on licensing the
Helical Software Platform to first tier OEMs such as IBM, Dell, HP and
ESRI.

Through subsidiary EIT Inc., Helical provides engineering and
installation (voice and data) services to major Telecommunications
manufacturers such as Siemens. In addition the company provides
engineering, furnish and installation services to major
telecommunications service providers including Verizon, Sprint,
Bellsouth and many of the Independent Operating Companies (IOC).

About Siemens

Siemens Communications is one of the largest players in the global
telecommunications industry. Siemens is the only provider in the market
that offers its customers a full-line portfolio, from end-user devices
to complex network infrastructure for enterprises and carriers as well
as related services. Siemens Communications is the world's innovation
leader in convergent technologies, products and services for wireless,
fixed and enterprise networks. It is the largest Siemens group and
operates in more than 160 countries around the world. In fiscal 2003
(September), its 60,000 strong workforce generated sales of about 17
billion euros.

More about Siemens at http://www.siemens.com/communications

The Helical Corporation Inc, at present, has 52,015,442 common shares
issued and outstanding.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    The Helical Corporation Inc.
    Mr. Lowell R. Weir
    President and Chief Executive Officer
    (902) 492-2211
    (902) 492-2242 (FAX)
    lowell.weir@ns.aliantzinc.ca
    or
    EIT Inc.
    Mr. Peter Lyons
    President & Chief Executive Officer
    (407) 302-3159
    (407) 302-9238 (FAX)