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Microcap & Penny Stocks : TVCP - Talk Visual Corporation

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To: Snowman who wrote (85)2/29/2000 10:39:00 AM
From: SCOOBEY-DO  Read Replies (1) of 180
 
Talk Visual Announces Breakthrough "Wireless Videocalling"

MIAMI--(BUSINESS WIRE)--Feb. 29, 2000--(OTC-BB: TVCP). Global telecommunications service provider TALK VISUAL CORPORATION has made an industry breakthrough using Solectek's MP1100 Bridge/Router to send "television-quality" Video-over-IP, announced President and Chief Executive Officer Eugene A. Rosov. Mr. Rosov said today that the company has engaged Solectek Corporation of San Diego, California to equip and implement Talk Visual's "breakthrough wireless program" - the deployment of wireless video IP transmission over distances up to twenty-five miles.

Solectek and TalkVisual are working together to develop services that deliver high-speed wireless Video-over-IP solutions linking TalkVisual locations into a Virtual Private Internet Network. Moreover, Solectek and TalkVisual plan to take this relationship further in a joint effort to continue the development of Video-over-IP wireless WAN services.

Both companies feel that their combined expertise, products and service offerings are a perfect blend to further develop this much needed solution. TalkVisual offers a very exciting and unique telecommunications service that visually links people in real-time. Now they are able to make a visual connection to other retail centers via their Solectek wireless network. Solectek's MP1100 Wireless Bridge/Router links distances up to 25 miles apart and transmits data at rates ranging from 2 Mpbs to 11 Mbps.

Mr. Rosov states "Solectek products represent a very cost-effective and high-performance alternative for Talk Visual, and the fact that there is no FCC licensing required is an added benefit. TalkVisual - along with numerous other leading companies such as NASA, UPS, and Rubbermaid - have confidence in the performance and reliability of Solectek products."

Mr. Rosov said today that "the company intends to link all of its existing and planned locations in a fully-meshed wireless network. We believe that Solectek's wireless broadband link from our headquarters to our SW 8th Street Miami store will be accomplished in less than thirty days. We will be sending all of our videocalls, voice and data transmissions over this link and into the Internet backbone. We plan to implement wireless technology for all our locations in the Americas - and to continue to implement both 'external' and 'internal building' wireless solutions in all feasible locations in the USA and abroad."

Dr. Sherin Kamal, Solectek's Vice President of Sales & Marketing adds "Solectek is very excited about our new relationship with Talk Visual and the addition of their rapidly expanding worldwide locations into our group of over 5,000 global installations. Solectek's wireless solutions fit Talk Visual's pressing need to replace high-cost local exchange carrier fixed lines with wireless transport."

The Solectek website can be viewed at www.solectek.com

Michael J. Zwebner, Talk Visual Corporation's Chairman, commented today that "we believe wireless video IP transmission is the `wave of the future' - both inside of buildings and, as in this case, from our facilities to major Internet points-of-presence. We plan to link all of our locations in the Americas wirelessly for their inter-connection to the Internet. In addition, we will be able to offer wireless videocalling in hospitals, nursing homes, and other mass user locations without the need for physical wires. By the end of this year, we anticipate that this will be nearly 1,000 locations from which our customers can make television-quality videocalls from one place to another over our Virtual Private IP Network or via ISDN. The beauty of this type of IP network is that once you've recovered the monthly inter-connection costs, the videocall gross profit margins soar towards ninety per cent."

A list of Talk Visual's videocalling shops is at www.talkvisual.com. The site allows visitors to order the 4th edition of the company's impressive full-color newspaper. Talk Visual sells pagers at www.beeperforabuck.com, and will soon launch prepaid telephone sales from www.prepaidtelephones.com. Information on the new Talk Visual TV225 Video-Telephone can be seen on www.thevideotelephone.com.

Talk Visual Corporation (OTC-BB: TVCP) is a pioneer in the video teleconferencing industry. It is developing global retail facilities to accommodate the growing video-communications needs of two key market segments: businesses and expatriate ethnic populations. Talk Visual can be reached toll-free at 1-877-22VIDEO within the United States, or at 305 572-0575 from abroad.

Except for historical information contained herein, the statements in this release (including without limitation, statements indicating that the company "expects," "estimates," "anticipates," or "believes" and all other statements concerning future financial results, product offerings or other events that have not yet occurred) are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Additional information on these and other factors are included in the company's Form 10-KSB for the Fiscal Year ended Dec. 31, 1998, as filed with the Securities and Exchange Commission.

CONTACT: Talk Visual Corporation
Janeth Vega
305 572-0575
Info@TalkVisual.com
or
Solectek
Jill Griffin
858 450-1220 ext. 3048
jgriffin@solectek.com
www.solectek.com
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