Here's some SHCC DD pulled from the Raging Bull board. It seems to be good info from trustworthy posters.
New Investor Info: (a compilation)
Saratoga is paving the way for upcoming Internet telephony opportunities through partnerships with industry leaders
By offering phone-to-phone, PC-to-phone and PC-to-PC communications access, Saratoga seeks to establish itself as a brand name affordable source for personal and business communications needs in overpriced second and third world markets
Websites:
talkischeapcard.com
saratogaholdings.com
DD posts and general info by bighuff: ragingbull.com ragingbull.com ragingbull.com ragingbull.com ragingbull.com ragingbull.com ragingbull.com ragingbull.com ragingbull.com ragingbull.com ragingbull.com
News Releases:
09-03 Saratoga International Holdings, Corp. Unveiled Its Corporate Strategy of Concentrating Its Energies and Resources to the E-commerce Business newsalert.com
08-19 Saratoga Telecom to Distribute Internet Communications Leader MediaRing's Voice Communications Technology (BW) newsalert.com
08-17 Saratoga Telecom Signs Agreement with Cable & Wireless USA to Market Domestic/International Pre-paid Long Dista (BW) newsalert.com
Unofficial: SHAREHOLDER RELEASE RE QWEST:
TO ALL INTERESTED PARTIES SARATOGA HOLDINGS HAS BEEN AUTHORIZED BY OUR TELECOMMUNICATIONS PARTNER QWEST COMMUNICATIONS (nasdaq "QWST") TO ISSUE THE FOLLOWING STATEMENT STATEMENT.
SARATOGA INTERNATIONAL HOLDINGS, CORP. KIRKLAND, WA 98033 888-878-9683 (OTC BB SHCC)
August 3, 1999
Shareholders and perspective shareholders Saratoga International Holdings, Corp.
Over the past several weeks we have been asked by many of you about our "contract" with Qwest and just when it would be officially announced. Below are the details of this contract. Qwest has requested that we not publish this information on the business wire at this time. We are very excited about working with Qwest and as you will see they are very supportive of our direction.
Thank you for your continued support. Please call Pat Rost at 760-942-0015 or me at 888-878-9683 with any questions.
Sincerely,
Patrick F. Charles Chairman and CEO
Saratoga International Holdings Signs Distribution Agreement with Qwest Services, Inc. to Market Pre-paid Long Distance Via Internet
Saratoga Telecom Division to Pursue $100 Million Central and South American Pre-paid Long Distance Markets
KIRKLAND WA---Saratoga International Holdings Corporation (OTC BB: SHCC - news), has entered into an agreement with Qwest Services, Inc., a division of Qwest Communications International, Inc. (Nasdaq: QWST news), to market and sell pre-paid long distance pin numbers over the Internet in Central and South America.
The pre-paid long distance distribution agreement will allow Saratoga Telecom, Inc., a wholly owned subsidiary of Saratoga International, access to Qwest's telecommunications backbone for the purpose of penetrating the extremely lucrative Central and South American pre-paid long distance markets. Additionally, Qwest will extend a line of credit to Saratoga Telecom and grant Saratoga the right to use Qwest's proprietary Internet sales support software. Saratoga Telecom has developed a unique method of retailing pre-paid long distance via the Internet, selling pin numbers to customers outside the U.S. The pre-paid virtual calling card will allow the owner to make international calls for considerably less than charges levied by their local service providers. In preparation for Saratoga Telecom's anticipated "Talk is Cheap™" Internet sales launch on August 15th, 1999, Saratoga is completing upgrades to its server and transmission infrastructure. These upgrades will accommodate the expected rapid growth in pre-paid revenues resulting from Saratoga's aggressive entry into the foreign pre-paid long distance market. Tom Morsey, President and Chief Operating Officer of Saratoga Telecom, expects a fluid transition to pre-paid purchases over the Net. "The number of Internet purchases of goods and services is growing at an ever-increasing rate. We are simply taking a widely accepted method of purchasing 'talk time' and making it affordable and available on-line, all of the time. Our Web site will be functionally linked to Qwest's backbone, providing all of their features and reliability."
Mr. Morsey concluded, "We will strive to build a significant presence in one market before moving on to another, so as to establish the brand name credibility necessary to quickly roll out each new level of technology and service." Mark Welton , Vice President of Enhanced Services for Qwest Communications said, "Qwest's distribution agreement with Saratoga Telecom should provide the back-office infrastructure and service necessary for their success." |