Jan 15 (Reuters) - Xeta Technologies Inc:
* Comments on Nortel relationship
* Says current annualized value of these contracts is approximately $3 million,
which it will continue to support
* Says estimates about $500,000 in accounts receivable due from Nortel that
precedes date of Nortel's bankruptcy filing
* Says in active conversations with Nortel regarding its ongoing contractual
relationships and current accounts receivable
* Says estimates about $100,000 in January services not billed as of the date
of the filing
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* Comments on Nortel relationship
* Says current annualized value of these contracts is approximately $3 million,
which it will continue to support
* Says estimates about $500,000 in accounts receivable due from Nortel that
precedes date of Nortel's bankruptcy filing
* Says in active conversations with Nortel regarding its ongoing contractual
relationships and current accounts receivable
* Says estimates about $100,000 in January services not billed as of the date
of the filing
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.