T-NETIX, Inc. Receives One Year Extension on Credit Line

Apr 18, 2001, 01:00 ET from T-NETIX, Inc.

    ENGLEWOOD, Colo., April 18 /PRNewswire/ -- In what was termed "a strong
 vote of confidence in our corrections telecommunications business model and
 our future" by the management and board of directors of T-NETIX, Inc.
 (Nasdaq: TNTX), the company received a one year extension on its $30 million
 senior secured revolving credit facility.  The extension is through March 31,
 2002.
     T-NETIX is a leading provider of specialized call processing and fraud
 control software technologies, the nation's largest provider of
 corrections-related telecommunications services, and one of the country's
 largest purchasers of Internet bandwidth.  The company will use the credit
 facility to meet working capital and growth capital requirements, while at the
 same time aiming to generate increasing cash flow from an established
 infrastructure and an array of products and services.
     "This credit extension demonstrates continued confidence in the company's
 financial stability and its management team," said Tom Larkin, president and
 CEO.  "We made significant progress during 2000 toward expanding our customer
 base through our direct sales efforts, and also by partnering more extensively
 with leading communications carriers.  We are enthusiastic about the
 opportunity to continue building momentum throughout 2001.
     "With our proprietary technology and our deep knowledge of the corrections
 and telecommunications industries, we bring a tremendous value proposition to
 our customers.  Our position as the leading provider of corrections-related
 call processing can only be strengthened by this access to capital resources.
 We firmly believe that no other provider can offer the depth and breadth of
 resources of T-NETIX to serve the $2.2 billion corrections communications
 market."
     Larkin noted that the company's vision and strategic plans for 2001 are
 clearly focused on top-line growth by providing unparalleled service and call
 processing options to customers.  The company has many new products and
 capabilities planned.
     Larkin concluded:  "During the past year, we have won many new contracts,
 contract extensions, and contract expansions.  Most of these have been won in
 competitive and open bidding processes, demonstrating our ability to present a
 clear and convincing case to end-users -- institutions, corrections
 departments, and inmate families.  To the telecommunications service providers
 with which we partner, we offer significant revenue and profit opportunities
 as their outsource provider of corrections-related telecommunications
 services."
 
     About T-NETIX, Inc.
     Based in Englewood, Colorado, T-NETIX provides specialized call processing
 and billing services for correctional institutions to the telecommunications
 industry, direct local and long distance call processing for correctional
 facilities, value-added telecommunications services such as pre-connection
 restrictions, digital recording, jail and inmate management systems, video
 booking, and sales of call-processing systems hardware.  T-NETIX, through its
 Contain(R) product, provides parolee and home detention monitoring services
 using Internet and voice verification technology, including its SpeakEZ Voice
 Print(R) technology.  The company serves more than 1,200 facilities and
 justice departments nationwide.  For news and information, visit the company's
 web site at www.T-NETIX.com .
 
     Forward Looking Statements
     This news release contains forward-looking statements as provided for by
 the Private Securities Litigation Reform Act of 1995.  Important factors that
 would cause actual results to differ materially from those in the forward
 looking statements include, but are not limited to: the demand for the
 company's products and services, and market acceptance risks which may affect
 the potential technological obsolescence of existing systems; the renewal of
 existing site-specific Corrections Divisions customer contracts and the
 company's ability to retain the base of current site specific customer
 contracts, the ability to perform under contractual performance requirements
 the continued relationship with existing customers and the ability to win new
 contracts for its products; the renewal of our single Internet Services
 Contract which expires in March of 2001 and the Company's ability to obtain
 other Internet Services Division customers, the ability of our existing
 customers, including AT&T, to maintain their market share or the inmate
 calling market; the successful integration of Gateway Technologies, Inc. into
 T-NETIX's business, the ability of the company to penetrate the market for
 jail management systems, resale of Internet bandwidth and sale of Contain(R)
 products; the ability to reduce expenditures related to its SpeakEZ voice
 recognition technology, to successfully deploy this technology in a
 corrections-related business, and to license the technology to offset
 development costs; competitive pricing pressures, particularly in the
 company's ICS business; and, changes in telecommunications regulations that
 would affect the company's sales or pricing.  For a full description of the
 company's historical performance and a detailed description of risks and
 uncertainties, please refer to the company's documents on file with the
 Securities and Exchange Commission.
 
 

SOURCE T-NETIX, Inc.
    ENGLEWOOD, Colo., April 18 /PRNewswire/ -- In what was termed "a strong
 vote of confidence in our corrections telecommunications business model and
 our future" by the management and board of directors of T-NETIX, Inc.
 (Nasdaq: TNTX), the company received a one year extension on its $30 million
 senior secured revolving credit facility.  The extension is through March 31,
 2002.
     T-NETIX is a leading provider of specialized call processing and fraud
 control software technologies, the nation's largest provider of
 corrections-related telecommunications services, and one of the country's
 largest purchasers of Internet bandwidth.  The company will use the credit
 facility to meet working capital and growth capital requirements, while at the
 same time aiming to generate increasing cash flow from an established
 infrastructure and an array of products and services.
     "This credit extension demonstrates continued confidence in the company's
 financial stability and its management team," said Tom Larkin, president and
 CEO.  "We made significant progress during 2000 toward expanding our customer
 base through our direct sales efforts, and also by partnering more extensively
 with leading communications carriers.  We are enthusiastic about the
 opportunity to continue building momentum throughout 2001.
     "With our proprietary technology and our deep knowledge of the corrections
 and telecommunications industries, we bring a tremendous value proposition to
 our customers.  Our position as the leading provider of corrections-related
 call processing can only be strengthened by this access to capital resources.
 We firmly believe that no other provider can offer the depth and breadth of
 resources of T-NETIX to serve the $2.2 billion corrections communications
 market."
     Larkin noted that the company's vision and strategic plans for 2001 are
 clearly focused on top-line growth by providing unparalleled service and call
 processing options to customers.  The company has many new products and
 capabilities planned.
     Larkin concluded:  "During the past year, we have won many new contracts,
 contract extensions, and contract expansions.  Most of these have been won in
 competitive and open bidding processes, demonstrating our ability to present a
 clear and convincing case to end-users -- institutions, corrections
 departments, and inmate families.  To the telecommunications service providers
 with which we partner, we offer significant revenue and profit opportunities
 as their outsource provider of corrections-related telecommunications
 services."
 
     About T-NETIX, Inc.
     Based in Englewood, Colorado, T-NETIX provides specialized call processing
 and billing services for correctional institutions to the telecommunications
 industry, direct local and long distance call processing for correctional
 facilities, value-added telecommunications services such as pre-connection
 restrictions, digital recording, jail and inmate management systems, video
 booking, and sales of call-processing systems hardware.  T-NETIX, through its
 Contain(R) product, provides parolee and home detention monitoring services
 using Internet and voice verification technology, including its SpeakEZ Voice
 Print(R) technology.  The company serves more than 1,200 facilities and
 justice departments nationwide.  For news and information, visit the company's
 web site at www.T-NETIX.com .
 
     Forward Looking Statements
     This news release contains forward-looking statements as provided for by
 the Private Securities Litigation Reform Act of 1995.  Important factors that
 would cause actual results to differ materially from those in the forward
 looking statements include, but are not limited to: the demand for the
 company's products and services, and market acceptance risks which may affect
 the potential technological obsolescence of existing systems; the renewal of
 existing site-specific Corrections Divisions customer contracts and the
 company's ability to retain the base of current site specific customer
 contracts, the ability to perform under contractual performance requirements
 the continued relationship with existing customers and the ability to win new
 contracts for its products; the renewal of our single Internet Services
 Contract which expires in March of 2001 and the Company's ability to obtain
 other Internet Services Division customers, the ability of our existing
 customers, including AT&T, to maintain their market share or the inmate
 calling market; the successful integration of Gateway Technologies, Inc. into
 T-NETIX's business, the ability of the company to penetrate the market for
 jail management systems, resale of Internet bandwidth and sale of Contain(R)
 products; the ability to reduce expenditures related to its SpeakEZ voice
 recognition technology, to successfully deploy this technology in a
 corrections-related business, and to license the technology to offset
 development costs; competitive pricing pressures, particularly in the
 company's ICS business; and, changes in telecommunications regulations that
 would affect the company's sales or pricing.  For a full description of the
 company's historical performance and a detailed description of risks and
 uncertainties, please refer to the company's documents on file with the
 Securities and Exchange Commission.
 
 SOURCE  T-NETIX, Inc.