( BW)(FL-TELESVCS-INTERNET)(TSIG) TSIG.com Announces Initial Results for Perfect Pitch Program in Schools
Business Editors/Technology Writers
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Nov. 18, 1999-- TeleServices Internet Group Inc. (OTCBB:TSIG), known as TSIG.com, today announced that since the introduction of the Perfect Pitch with myMusicCard fund-raising program in early September, the company has received inquiries from several thousand schools. While there is no requirement to register in order to participate in the program, more than 700 schools have done so. With an average enrollment per school of approximately 845 students, these schools account for more than 600,000 students. The vast majority of these schools have said they will commence their fund-raising campaigns between the upcoming holidays and the spring of 2000. "We are pleased with the enthusiastic response we've received from the school community," commented Robert Gordon, chairman of TSIG.com. "This is a great kick-off for our program, and we look forward to a rapidly expanding base of participants throughout the balance of the school year. Consequently, the company expects to be able to report a significant upturn in revenues during the first quarter of 2000."
About TSIG.com Headquartered in St. Petersburg, Fla., TSIG.com created the myMusicCard program to enable consumers to purchase CDs and cassettes at the lowest prices, and to develop revenue-generating programs with corporations and non-profit organizations that attract consumers to customers' sites. TSIG also provides customer service and support with its Web-based call center and related services. In addition, TSIG.com's myPhotoCard program provides low-cost film processing and Kodak film.
This press release contains "forward-looking statements" within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of such factors as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company to execute its plans, (3) the availability of financing at favorable terms, and (4) other factors detailed in the company's public filings with the SEC.
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CONTACT: TeleServices Internet Group Inc. (TSIG.com) St. Petersburg Paul Henry, 727/897-4000 Email: phenry@tsig.com
KEYWORD: FLORIDA INDUSTRY KEYWORD: INTERNET MUSIC PRODUCT |