NR from TTZ IR:
Following is the current news release from Total Telcom Inc. This step
into a partnership with an anchor client for the Companys' broadband
corridor from Edmonton, AB to Ft. St. John BC, clearly demonstrates the
Corporate direction to focus a significant portion of its resources to long
term and renewable revenue streams, wihch will provide long term enhanced
shareholder value.
Please contact me if you have any questions or require additional
information. I have attached the Microsoft Word file for those that would
prefer a formatted copy.
Patrick Starr Phone: 780-423-0199
ASE Investor Relations Inc. Toll free: 888-423-0199
ase.investorrelations@home.com
NEWS RELEASE
(FOR IMMEDIATE RELEASE)
Total Telcom Inc. Signs Letter of Intent With Clearnet
EDMONTON, Alberta, April 25, 2000 - TOTAL TELCOM INC. ("the Corporation")
is pleased to announce today that they have entered into a letter of intent
with Clearnet. Both parties are working towards a definitive agreement that
will see Clearnet become Total Telcom's first strategic key anchor client
on the recently announced fiber optic corridor that the Corporation intends
to build from Edmonton to Fort St. John, British Columbia this year.
Clearnet would receive an IRU (Indefeasible Right of Use) for an
undetermined number of fiber strands for an initial term of 10 years. This
fiber optic corridor would assist Clearnet's network expansion into
businesses and communities in Northern Alberta and Northeastern British
Columbia.
Based in Scarborough, Ontario, Clearnet (TSE: NET.A; NASDAQ: CLNT) is a
leading Canadian wireless communications company that operates two
state-of-the-art digital wireless networks: Clearnet PCS and The Mike Network.
Total Telcom Inc. provides design, construction, project management and
maintenance of broadband communication systems. The corporation is a leader
in turnkey Hybrid Fiber Coax (HFC) designs and has extensive experience in
long haul Fiber Optic Networks and Fiber Ring Topology.
For further information please contact:
Patrick Starr
ASE Investor Relations Inc. Trading symbol: TTZ:CDNX
Box 42094, Millbourne PO Website: www.totaltelcom.com
Edmonton, AB T6K 4C4
Phone: 780-423-0199
Toll free: 888-423-0199
Fax: 780-463-1396
E-mail: ase.investorrelations@home.com
"The Canadian Venture Exchange has not reviewed and does not accept
responsibility
for the adequacy or accuracy of this release" |
