LAKO
June 22, 1999 12:50
Lakota Energy Inc. Announces AirNexus Inc.,
(formerly Voice Design Inc.) Signs Agreement with
Cortelco Systems Inc. Worth Over $500,000
ATLANTA--(BUSINESS WIRE)--June 22, 1999--Lakota Energy Inc., (OTC BB:
LAKO), announces its wholly owned subsidiary, Voice Design Inc. of Houston,
Texas has changed its name to AirNexus Inc.
AirNexus Inc. has signed an agreement with Cortelco Systems Inc. of
Memphis, Tennessee to become a re-seller of their Millenium PBX, the most
reliable, advanced communications solutions system on the market today.
Cortelco, best known for their previous name, ITT, (International Telephone and
Telegraph Corporation) is one of the nations leading suppliers of total
communications solutions for businesses.
The Millenium PBX is suited exclusively for small to medium sized companies
that offers state of the art switching functionality and call routing which fits
AirNexus Inc.'s existing and future client profile. By signing this agreement,
AirNexus Inc. will roll out the sales of the Millenium PBX in early July and will
incorporate Cortelco's switching technology into their wireless services for
providing dial tones. The Cortelco Millenium PBX competes with AT&T, Nortel,
NEC and Seimans but at a fraction of the cost.
Cody Morgan, President of AirNexus Inc. stated, "The Cortelco Millenium PBX
gives us complete access to our target markets which we previously did not
have. AirNexus has just expanded its product line dramatically to provide these
solutions to not only our existing customer base, but opens the door to much
larger clients in need of these state of the art communication solutions."
Ken Honeyman, President of Lakota Energy Inc. added, "The addition of this
product will make AirNexus Inc. the solution provider of choice in this market.
The family of businesses we have acquired are making quick strides in their
fields. We are fortunate to have this presence in a huge and ever expanding
communications and technology arena with high profit margins that will be
elemental to AirNexus Inc.'s success."
AirNexus Inc. has placed the revenue projections at approximately $500,000 in
the first year and can foresee a two-fold growth in sales as a result of this
agreement.
Forward-looking statements in this release are being made pursuant to the
"safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements involve risk and
uncertainties, including without limitation continued acceptance of the
Company's products, competition, completion problems, technological
changes and other unforeseen risks.
CONTACT: PMR and Associates
Patrick Rost, 760/942-0015
PMRandco@aol.com
or
Lakota Energy Inc.
Ken Honeyman, 770/433-8250
LAKO@bellsouth.net
or
AirNexus Inc.
Cody Morgan, 713/663-6262 ext. 103
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