Started By: Rich Buyer Date: Jan 21 1999 6:36PM ET (PR NEWSWIRE) DJ: GTC Telecom Commences Trading
COSTA MESA, Calif.--(BUSINESS WIRE)--Sept. 14, 1998--Pursuant to an agreement dated August 31, 1998, Bobernco, Inc., has changed its name to GTC Telecom with the new symbol of (OTCBB:GTCC). In accordance with the agreement the Company has acquired Gen Tel Communications, Inc. and appointed new officers and directors. The new corporate address is 3151 Airway Avenue, Suite P-3, Costa Mesa, CA 92626.
Founded in 1997, GTC Telecom is an interexchange carrier, providing long distance service to small and medium sized businesses as well as residential customers throughout the United States. Currently, GTC believes that they have the lowest long distance rates nationwide. GTC's long distance service offerings include outbound service, inbound toll-free 800 service, and dedicated private line services for data. GTC's position as an interexchange carrier gives the company the ability to function as a large telecom company but alleviates the overhead, thus allowing GTC to have rates lower than many of their competitors. Visit GTC's web site at www.gtctelecom.com
Included in this release are "forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distribution and competition trends and other market factors. CONTACT: The Michelson Group, Inc. 800/824-4012 ext.119
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