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AT&T Capital to Utilize ITI's MarketREACH Service
BusinessWire, Wednesday, December 10, 1997 at 09:54
SAN DIEGO--(BUSINESS WIRE)--Dec. 10, 1997--Interactive Telesis
(OTC Bulletin Board: TSIS) is pleased to announce that AT&T Capital
has joined ITI's rapidly growing client base of MarketREACH
customers.
ITI has begun providing customized interactive voice response
(IVR) services to AT&T Capital, initially to assist with their
communication needs during their acquisition by Newcourt Credit
Group, which was announced November 17, 1997. The application
provided by ITI allows the approximately 3,500 employees of AT&T
Capital to listen to prerecorded teleconferences between David
Banks, CEO of AT&T Capital, and Steven K. Hudson, president and CEO
of Newcourt Credit Group, as they discuss issues related to
combining the two entities. The transaction is expected to close at
the end of January, 1998.
The new organization will form one of the world's largest asset
finance companies with a market capitalization in excess of $4.5
billion. It will employ more than 5,000 staff, servicing customers
in 24 countries around the world. Newcourt and AT&T Capital had
combined 1996 new business volumes of $9.4 billion and owned and
managed assets of $17.8 billion.
AT&T Capital was referred by AT&T's Executive Teleconferencing
Division, which is a client and marketing partner of Interactive
Telesis. To date this division has referred Lucent Technologies,
Ascend Communications, Stanley Works, Pentair, and the U.S. Postal
Service, to name a few.
The daily call volume to ITI's playback and recording
application for AT&T's Executive Teleconferencing that commenced
November 16, is consistent with management's estimates that this
service alone will net minimum monthly revenues of $70,000.
Introductions to AT&T's other six call divisions which have
expressed interest in Interactive Telesis' customized IVR solutions
are anticipated to take place early in 1998.
To hear how InvestorREACH(TM) automates shareholder
communications, please call 800/619-3366. To find out how
MarketREACH can make corporate communications more efficient and
affordable, call Patrick Rost at 800/931-5050.
CONTACT: Interactive Telesis (Investor Relations Offices)
888/484-6397 or 800/238-0922
E-mail: iti@intelesis.com
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
TELECOMMUNICATIONS PRODUCT MERGERS/ACQ |
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