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Microcap & Penny Stocks : CTIG

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To: Byron Angel who wrote ()6/14/2000 1:33:00 PM
From: clue   of 319
 
Jim J. - What do you think of the news?

Wednesday June 14, 12:10 pm Eastern Time
Company Press Release
CTIG Partners With MTV, Europe's Largest Distributor for Lucent's Alchemy Series
VALLEY FORGE, Pa.--(BUSINESS WIRE)--June 14, 2000--CTI Group (Holdings) Inc. (OTC: CTIG - news) today announced that its UK subsidiary, CTI Data Solutions Ltd., has signed a Distribution Agreement with MTV Telecom Distribution Plc, Europe's largest distributor for Lucent's Alchemy Series.

MTV Telecom Distribution Plc is widely recognised as the UK's leading convergent voice and data distributor. It offers best of class products via the indirect channel, with over 2000 value-added resellers. Under this agreement, MTV will include CTI's Proteus Office communications management solution as standard with every Alchemy Series.

Proteus Office is the UK's first user-installable MS Windows call management application. It is designed specifically for small, single-site offices requiring basic call management functionality at a fraction of the cost of traditional systems.

``CTI has brought call management into the 21st Century'', explains Martin Hatcher, MTV's Chairman and CEO. ``Proteus Office is feature rich, simple to install and requires no on-going maintenance. Its attractive margins, together with its 35-day free trial proposition, make it the ideal solution for our dealers. Since launching the product just a few weeks ago, the response from our dealers has been invigorating. We will be distributing Proteus Office with every Alchemy Series system we issue, and we look forward to working with CTI to sell Proteus Office as a value-added solution to other leading telephone systems.''

Adrian Burt, Managing Director of CTI Data Solutions Ltd. says, ``Proteus Office is setting new industry standards. Since we allied ourselves with Alchemy Series, the interest from UK distributors has been phenomenal. MTV, being at the pinnacle of their industry, is proof of this. Our solution is unique because of its intelligent integration with Alchemy Series. Users can literally insert the program CD and start using the application in 10 minutes, without having to manually configure extension names and numbers. The response from the UK has been so positive that we are now trialing Proteus Office with several Alchemy Series distributors throughout Europe, Japan and Russia.''

This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to documents filed by CTIG with the U.S. Securities and Exchange Commission, specifically the most recent Form 10-KSB.
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