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Technology Stocks : utcc on the move

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To: WTMHouston who wrote (18)9/3/1999 1:43:00 PM
From: Dominick Papas  Read Replies (2) of 42
 
TO WTMhOUSTON
See todays news report, things are looking up and hope the stock price reflects that. Dom
Ursus Customers Pleased With Results of Thestream.com Pilot


SUNRISE, Fla.--(BUSINESS WIRE)--Sept. 3, 1999--Ursus Telecom Corporation (NASDAQ/ NMS: UTCC) talked today about the results of the PHASE 1 pilot launch of theStream.com, the Ursus e-business site soon to be launched in full commerce mode.

"We are more than enthusiastic about the results we've seen", said Jay Chavez, VP of Worldwide Internet Services, "with nothing more than word of mouth promoting the site, the response has been overwhelming." Chavez went on to comment "When I looked today and saw over 150,000 hits from more than 10 countries, I was astounded. Imagine what the response will be when we launch our marketing efforts and begin to turn up affiliate sites in foreign languages around the world."

One of the most surprising statistics Chavez learned from site analysis is that nearly 90% of the site visits which originated in the USA came from McLean Virginia, home to AOL servers, a sponsor for Net2phone.

"Customers have been enthusiastically supportive in this pilot", said Chavez, with comments like:

-- "I checked out your phone booth and it was amazingly good"

-- "This is easier than Net2phone"

-- "Great Great site...very professional...very logical...much

better than you know who. It makes me want to make phone calls

with you...nobody else"

-- "Just made a free call to my sister in Ga. and another call

overseas. This beats NTOP quality hands down"

-- "I must admit... I did not expect this site to be this good. I

can't wait to see who all the advertisers and partners are when

the site goes full steam"

TheStream.com will continue to offer free calls and special promotions to early adopters when the PHASE 2 of the pilot rolls out with full commerce capabilities in the next few days.

ABOUT URSUS TELECOM

Ursus Telecom Corporation is a global facilities-based telecommunications company that provides international services, including long distance, direct-dial, value-added and Internet-based services to more than 100,000 customers -- individuals, businesses and carriers -- worldwide. The Company operates directly and through a network of agents on five continents and over 45 countries that account for more than 80% of the World's International traffic. Ursus Telecom operates switching facilities and points of presence in Sunrise Florida, Frankfurt, Lima, Buenos Aires, Johannesburg and Tokyo. Ursus Telecom is the source of theSTREAM.com.

Together with theStream.com as the Company's global marketing and provisioning mechanism, Ursus believes it is well positioned to prosper in the next generation of services which combine the Internet, telephony, fax, data and video services into a single broadband platform offering a rich multi-media experience to its customers throughout the world.

Statements in this news release that relate to future plans, financial results or projections, events or expected performance in future periods are forward-looking statements and fall within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While management wishes to provide readers with reasonable opinions and viewpoints with respect to the Company's progress, marketplace acceptance, business opportunities, and fiscal performance, such statements, opinions and viewpoints are forward-looking and involve risks and uncertainties, including risks of changing conditions in the overall economy, the capital markets, the computer and telecommunications industries, as well as risks of changing consumer demand and the success of the Company's business strategies and other factors detailed in the Company's annual and other reports filed with the Securities and Exchange Commission.

CONTACT:

Ursus Telecom Corporation, Sunrise

Jeffrey Chaskin, President, 954/846-7887

jchaskin@ursustel.net

or

Continental Capital & Equity Corporation, Longwood, Fla.

Michael Irving, 407/682-2001

www.irv@insidewallstreet.com

KEYWORD: FLORIDA

BW0035 SEP 03,1999

5:45 PACIFIC

8:45 EASTERN
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