ERAW news:
Monday August 23, 8:29 am Eastern Time
Company Press Release
ERA West Inc. Announces Mr. Frank Speight,
President & CEO to Exercise Share Options
OCALA, Fla.--(BUSINESS WIRE)--Aug. 23, 1999--ERA West Inc. (OTC BB:ERAW - news) a provider of Internet
access, web design, web development and Voice over Internet Protocol (VoIP), through its various holdings, today
announced that President & CEO, Mr. Frank Speight's intent to exercise share options to purchase 500,000 shares of
ERAWest company stock.
Mr. Speight comments, ''With the anticipated funding from Trafalgar Resources, and the business model we have
developed, I feel this is the best time to increase holdings in ERAW. I see an exciting future for the company and am
confident that our combined VoIP initiatives, the development of both Dynamic Bells NetWorld
(http://www.dbnw.com.au in Australia, and City-Online (http://www.city-online.com) here in the States, will provide
investors with a unique investment opportunity in both the Internet and Telecommunications sectors.''
ERA West, through its wholly owned subsidiary Dynamic Bell's NetWorld, an Australian company, offers Internet
access, Voice over Internet Protocols, web publishing and web hosting. The company has strategic partnerships with
World Access Communications Corporation and United African Telecommunications to provide VoIP technologies to
various global markets including Australia, New Zealand, the Pacific Rim, and select West-African countries. The
acquisition of USA-based ISP, City-Online, Inc. continues to reinforce the company's goal to be a global Internet
company.
Safe Harbor Statement: Certain information included in this communication contains statements that are forward-looking,
such as statements relating to the future anticipated direction of the industry, plans for future expansion, various business
development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential
contracts. These forward statements are subject to a number of known and unknown risks and uncertainties that could
cause actual operations or results to differ materially from those anticipated.
Contact:
ERA West, Ocala
Investor Relations:
Tim Ellis, 352/690-1633
timellis@erawest.com
erawest.com |
