BGII news:
(COMTEX) B: BGII FORMS ALLIANCE WITH CYBERTEL TO USE BGII'S VIRTUAL S
B: BGII FORMS ALLIANCE WITH CYBERTEL TO USE BGII'S VIRTUAL SWEEPSTAKES ENGINE
TO DRIVE CYBERTEL'S ENTRY INTO E-COMMERCE
AUSTIN, Texas, Mar 7, 2000 /PRNewswire via COMTEX/ -- BGI,
Incorporated (OTC Bulletin Board: BGII), an Austin-based Internet
Relationship company, announced a strategic alliance with Cybertel
Communications Corporation (OTC Bulletin Board: CYTP) of La Jolla,
California. This alliance will launch the IP telephony services of
Cybertel on the Internet using BGII's unique sweepstakes programs to
capture and retain customers. BGII will add its Virtual Sweepstakes
Engine to Cybertel's new E-Commerce website for selling 1- Plus Long
Distance, Voice Over IP (VOIP), Prepaid Cellular and Prepaid Long
Distance. BGI's sweepstakes engine will allow visitors of the
E-Commerce site to play an instant win sweepstakes with cash prizes.
When customers sign on Cybertel's service they will receive additional
free instant win sweepstakes chances. All of this will be done in
seconds on Cybertel's E-Commerce site.
"With BGII's Virtual Sweepstakes Engine driving our future E-Commerce
site, we anticipate explosive sales growth in our 1-Plus Long Distance,
Voice Over IP (VOIP), Prepaid Cellular and Prepaid Long Distance
programs. I believe that nothing currently in the E-Commerce world can
build sales and keep customers coming back like the excitement of
BGII's virtual sweepstakes concept," stated Richard Mangiarelli, CEO of
Cybertel. Cybertel is a voice over the internet (VOIP) company building
a state-of-the-art internet network throughout the United States.
Cybertel has recently signed agreements with other major carriers like
MCI/WorldCom, Bell Atlantic, and Level 3 Communications. The Company
has recently completed incorporating in all fifty states in order to
become a switched carrier, which enables it to further reduce the cost
of its products.
Reid Funderburk, BGII's CEO, said, "I expect Cybertel to set the
telephony market on its ear with their move into E-Commerce using our
distinct sweepstakes technology." BGII pioneered the alternative
marketing concept of video enhanced instant win sweepstakes to promote
the sale of phone cards. This concept will be married to the Internet
through its Virtual Sweepstakes Engine. "We see this as the first of
many applications for our unique sweepstakes concept, which, to my
knowledge, is totally different from those currently being offered on
the Internet," continued Funderburk. BGI Inc. is an internet
relationship company that promotes E-Commerce through proprietary
software. BGI Inc. uses a unique sweepstakes program to capture and
retain customers for E-Commerce sites. BGII's Virtual Sweepstakes
Engine can be applied to all E-Commerce sites, but the company is
currently working with a selected few E-Commerce sites.
These statements made by BGI, Inc. (BGII) and Cybertel Communications
Corporation (CYBERTEL) may be forward looking in nature, particularly
as related to the business plans of the Company within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Act of 1934, and are subject to the safe harbor created by
these sections. Actual results may differ materially from projected
statements. BGII and Cybertel believed that their primary risk factors
include, but are not limited to the need for substantial financial
requirements; the need to develop effective internal processes and
system; changes in the overall economy; continued and future strategic
alliances; changes in technology, the number and size of competitors
and the mix of products and services offered in its markets; and
changes in the law and regulatory policy.
For additional information on BGI, Inc. contact Reid Funderburk
(rfund@bgicorp.com) or Rhonda McClellan (rmcclellan@bgicorp.com) at
888-338-0065 or visit the company's website at www.bgicorp.com.
SOURCE BGI, Incorporated
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Reid Funderburk, or email, rfund@bgicorp.com, or Rhonda
McClellan, or email, rmcclellan@bgicorp.com, both of BGI,
Incorporated,
888-338-0065
WEB PAGE: bgicorp.com
GEOGRAPHY: Texas
California
INDUSTRY CODE: MLM
CPR
SUBJECT CODE: JVN
OTC
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