KENSINGTON AND MAIL CALL ANNOUNCE A JOINT MARKETING PROGRAM
MINNEAPOLIS, Sep 8, 1999 /PRNewswire via COMTEX/ -- Kensington
International Holding Corporation (OTC Bulletin Board: KNSC) and the
Internet company, Mail Call, Inc., of Miramar, Fla., of which
Kensington owns 36%, announced today that Kensington will finance a
joint marketing program for Mail Call's telephone E-mail retrieval
system.
Kensington and Mail Call expects the users of its services to be
businesses, governmental agencies, and consumers. These people are
often on the move and cannot access their computer but they do have
access to a telephone. Kensington's existing customers are Fortune 1000
businesses and they are natural customers for Mail Call. Based upon
initial contacts, Kensington's customers have liked the fact that its
employees could access their E-mail by phone and respond by pre-written
text, FAX, or in their own voice. In addition, Kensington's existing
customers were impressed with the low cost of Mail Call's service and
that they would only be charged for the time that their employees used
Mail Call's service.
E-mail has emerged as a universal communications medium. A recently
completed study (1998) by Nielsen Media Research and CommercialNet
estimated that there were 79 million people in the United States, over
the age of 16, using the Internet. The July 1999 issue of Business 2.0
magazine, page 149, stated that 3 percent of the world's population
uses the Internet (171,200,000 people). International Data Corp.
estimates that that number will increase to a billion users by the year
2010.
Ron Schnell, President of Mail Call, Inc., stated that he was very
encouraged by Kensington's commitment and looked forward to working
with Kensington on this new marketing program.
Kensington has completed phase two of its stock purchase of Mail Call,
Inc. and is completing phase three of the acquisition, at the
completion of which, Kensington should own over 50% of Mail Call, Inc.
Mail Call ( mailcall.net ) uses advanced text-to-speech
technology to read E-mail over a telephone without a computer. The user
may respond to the E-mails by selecting from one of four pre-written
responses or by using their natural voice, right on the phone. The user
may also fax a message to a designated fax machine from the phone.
Kensington also announced that its Annual Shareholders Meeting is
scheduled for 1:00 PM-CDT on Saturday, October 9, 1999. The meeting
will be held at the Company's headquarters located in the Interchange
Tower, room 205, 600 South Highway 169, Minneapolis, Minn. 55426. The
record date was August 10, 1999.
The preceding statements are made pursuant to the Private Securities
Litigation Reform Act of 1995, as amended, in order for the Company and
Mail Call, Inc. to avail themselves of the "safe harbor" provisions of
that Act, as amended. Certain statements in this release and the
Company's and Mail Call, Inc.'s financial projections that are not
historical fact constitute "forward-looking information." Such
forward-looking information involves known and unknown risks,
uncertainties and other factors, which may cause the actual results of
the Company and Mail Call, Inc. to be materially different from results
expressed or implied by such forward-looking information. Such risks,
uncertainties and other factors include, but are not limited to:
customer demand not meeting expectations; lack of consistent supply of
hardware and software to service demand; lack of adequate distribution
markets; the inability to generate enough cash to service operations;
the loss of the right to resell or use other products; adverse economic
conditions; intense competition; inadequate capital; unexpected costs;
lower revenues and net income than expected; loss of customers; price
increases; failure to obtain customers; the possible acquisition of a
new business or products that do not perform as anticipated; inability
to carry out marketing and sales plans; changes in interest rates;
inflationary factors; inability to meet customer demand and other
specific risks that may be alluded to in this press release or in other
reports issued by the Company or Mail Call, Inc.
SOURCE Kensington International Holding Corp.
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com -0-
CONTACT: Mark Haggerty, President of Kensington International Holding
Corporation, 612-546-2075, 612-512-8451 fax, mark@mailcall.net, or Ronald
Schnell of Mail Call, Inc., 954-437-4199 ext. 606, ronnie@mailcall.net
/Web Site: mailcall.net
(KNSC) |
