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Microcap & Penny Stocks : TELS Will it ever get back to $1.00?

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To: Kris Dungan who wrote (35)12/22/1997 12:40:00 PM
From: Kris Dungan  Read Replies (1) of 51
 
TEL electronics, inc. is Selected as an Endorsed Vendor of Choice Hotels
International

AMERICAN FORK, Utah, Dec. 22 /PRNewswire/ -- Stephen M. Nelson,
President of TELS Corporation (Nasdaq: TELS - news), today announced
that TEL electronics, inc., a subsidiary of TELS Corporation, has signed
an agreement wherein Choice Hotel International (Choice) has selected
TEL electronics, inc. as an Endorsed Direct Order Vendor for Choice's
franchises. This agreement specifies TEL electronics as the preferred
vendor of call accounting and answer detection products for the many
Choice franchises worldwide.

Choice Hotels International franchises over 5500 hotels and food courts
under several brands throughout the United States and other countries.
These properties include: Comfort, Clarion, Quality, Sleep, Econo Lodge,
Rodeway, Mainstay, Friendship, and Choice Picks.

TEL electronics is also the exclusive call accounting vendor for other
major hospitality franchise companies including: Best Western,
Hospitality Franchise System (HFS), MOA Hospitality, Tharaldson
Development, and Travelers Inn Corporation.

Comments from Stephen M. Nelson

''We are very excited to begin this relationship with Choice and look
forward to a positive business opportunity. Sean Gunter, General Manager
for TEL electronics, has done an excellent job in solidifying this
agreement and projects this arrangement alone will increase revenues by
4% next year as well as strengthen our position in the hospitality
market.''

TELS Corporation through its subsidiaries, designs, builds, assembles,
sells and services call accounting and other telecommunications systems.
The company also assembles electronic systems on a contract basis, as
well as designs, sells and services computer software products.

SOURCE: TELS Corporation
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