Here is the part I especially like in today's release...full release follows...trading around 3 11/16 on Nasdaq...gpg:
`In addition to that value to our telecommunications and ISP customers, we originally intended,' continued Mr. Riss, ``we have
found an unanticipated interest from larger manufacturers and wholesalers in the use of a QuillPages as a B2B link with their
retail distribution networks. We are currently having preliminary discussions with interested parties and our excited about this B2B
potential of QuillPages.'
eLEC Communications Announces Release of
Interactive Yellow Page Service, QuillPages.com. eLEC
Finds Interest in QuillPages as B2B Tool for
Manufacturers and Wholesalers
NORWALK, Conn.--(BUSINESS WIRE)--January 28, 2000--eLEC Communications Corp. (NASDAQ:ELEC - news)
announced today the release of its interactive yellow page service QuillPages.com. QuillPages provides eLEC's
telecommunications and Internet business customers with a highly affordable way of advertising and promoting their businesses on
the Internet through a powerful distribution network that links QuillPage's customers' businesses to over 80% of the Internet. In
addition, eLEC is finding an unexpected interest in QuillPages as a B2B tool linking manufacturers and wholesalers with their retail
distribution networks.
Pedro Mata, eLEC's Director of Design, stated, ``With no upfront design fee and a minimal recurring charge of $24.95 per month,
we can provide our customers with an affordable yet powerful tool to promote their businesses on the Internet. With QuillPage's
distribution network, our customers do not have to compete in the hugely expensive portal wars fighting for eyeballs on the
Internet. Instead our customers get to ride the wave of the overall growth of the Internet.'
``In addition to the distribution network,' continued Mr. Mata, ``we have created a series of tools that further enable our
customers. For instance, though free e-mail service is included with a QuillPage, we have also included a fax service that allows
our customers to interact with their customers through a simple click and fax service. In this way, our customers can be
transacting business on the Internet through their fax machines, without even having to own a computer.'
Paul Riss, eLEC's CEO, stated, ``We believe that QuillPages will provide our CLECs with a invaluable service with which they
can promote our core telecommunications business. Our long term vision at eLEC is to be a single point of service for all our
customer's communications needs. It is undeniable that the Internet should be an integral part of any companies communications
requirements and with QuillPages we provide our customers an 'e`` YellowPage from their 'e`` LEC (Local Exchange Carrier).'
``In addition to that value to our telecommunications and ISP customers, we originally intended,' continued Mr. Riss, ``we have
found an unanticipated interest from larger manufacturers and wholesalers in the use of a QuillPages as a B2B link with their
retail distribution networks. We are currently having preliminary discussions with interested parties and our excited about this B2B
potential of QuillPages.'
Allen Kelly, COO of Crescent, added ``After careful review of other competitor's offerings, we have selected eLEC due to
eLEC's competitive pricing, unified billing and dedicated customer service. We expect to see a significant reduction in both our
cost of local telecommunications service, as well as greatly enhanced efficiencies in internal operations from eLEC's billing and
customer service commitments.'
eLEC Communications Corp. is a publicly traded local telecommunications company that is taking advantage of the convergence
of the current and future competitive technological and regulatory developments in the Internet and telecommunications markets.
The company provides an integrated suite of communications services to small and medium-sized business customers, including
local, long distance, dial-up access, dedicated access, xDSL, and Web site design and hosting.
This release contains forward-looking statements that involve risks and uncertainties. The Company's actual results may differ
materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among
others, availability of management; availability, terms, and deployment of capital; the Company's ability to successfully market its
services to current and new customers, generate customer demand for its product and services in the geographical areas in which
the Company can operate, access new markets, negotiate and maintain suitable interconnection agreements with the incumbent
local exchange carriers, and negotiate and maintain suitable vendor relationships, all in a timely manner, at reasonable cost and on
satisfactory terms and conditions, as well as regulatory, legislative and judicial developments that could cause actual results to vary
in such forward-looking statements.
Contact:
eLEC Communications Corp.
Paul Riss, CEO, 203-750-1000
phriss@elec-corp.com |
