TLTG: Teltran International, Inc. Message Board

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Microcap & Penny Stocks : TLTG: Teltran International, Inc.

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To: Impeccable who wrote ()	8/16/1999 4:02:00 PM
From: Bravado	Read Replies (1) of 1184

Teltran Breaks Even in Second Quarter. Preliminary Estimates Show July Revenues at $1 Million. NEW YORK--(BUSINESS WIRE)--Aug. 16, 1999--Teltran International (OTC BB: TLTG - news) today announced that earnings per share in the second quarter of 1999 (period ending June 30,1999) reflected a break-even quarter, compared to a loss of 4 cents during the first quarter of 1999. Revenues also increased from $83,500 in the first quarter of 1999 to approximately $460,000 in the second quarter. ``We are very pleased with the progress that the company has made in the second quarter as evidenced by our steadily increasing revenue base. These figures show that Teltran International is clearly on the threshold of profitability and early third quarter numbers substantiate this fact,' said Teltran President & CEO Byron R. Lerner. Preliminary revenue figures show that the company will do approximately $1,000,000 for the month of July. ``This one-month figure nearly doubles all revenues for the first half of the year and is indicative of increased traffic from ongoing operations and contracts. We remain confident that we are on schedule to reach or exceed all previously announced projections,' added Lerner. About Teltran Licensed by the FCC as a global facilities-based common carrier, Teltran offers a full range of telecommunications and Internet services including Voice over IP, domestic and international long distance, Web Portal and Hosting, fax broadcast services and calling card programs. Disclaimer Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may differ materially from actual future events or results. The future performance of the Company involves risks and uncertainties that could cause actual results to differ markedly from those anticipated by such forward-looking statements. Such risks include but are not limited to the following: a limited operating history for the Company; potential fluctuations in operating results; competition; pricing pressure; dependence on third-party suppliers of hardware and software; shortage of modems; dependence on telecommunications carriers; management of growth; limited market; a need for and risks of international expansion; the existence of a new and uncertain market; customer retention issues; rapid technological change; security risks; the risk of system failure; formal licensing and joint marketing agreements; patents and proprietary rights; infringement claims; changes in government regulation; risks associated with providing content including potential liability; dependence on key personnel and need to hire additional qualified personnel; uncertainty of currency exchange rates; need for additional capital; and enforceability of civil liabilities.

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