TVCP....VoiceStream and Talk Visual Sign Distribution Agreement
BSNS WIRE)
Business/Technology Editors
MIAMI--(BUSINESS WIRE)--Sept. 19, 2000--(OTC-BB:TVCP). TALK VISUAL
CORPORATION announced today that it has signed a national product and
service distribution agreement with VoiceStream, the major United
States GSM provider.
Eugene Rosov, the Company's President and Chief Executive Officer,
stated today from Miami, Florida "VoiceStream is one of the world's
premier GSM providers, the only national provider in the United States
using the global wireless standard (GSM), and one of the
fastest-growing companies in the U.S. wireless industry. All of our
twenty U.S. locations will now be offering their all-digital service.
Their recent merger with Deutsche Telekom, and DT's $5 billion cash
infusion, securely underwrites VoiceStream's national presence as the
premier GSM provider in the United States."
Andy Cunningham, Talk Visual's Miami Area Manager, commented, "We
are very excited about the profit potential from VoiceStream sales.
Our locations in New York, New Jersey, Miami, Boston and Providence
are beginning an aggressive sales campaign. We believe that we should
reach a gross sales level of approximately 5 units daily per each of
our twenty locations, representing a revenue stream of about half a
million dollars monthly to the Company. This is the goal towards which
we're managing our postpaid and prepaid VoiceStream cellular GSM
service. Of course, we also hope to roll-out VoiceStream services in
Canada."
About VoiceStream
Based in Bellevue, WA, VoiceStream Wireless is a leading provider
of wireless communications services in the United States. Nearly three
out of every four people in the United States live in areas currently
licensed to be served by VoiceStream or its affiliates. VoiceStream is
the largest provider of personal communication services using the
globally accepted GSM technology in the United States. VoiceStream is
a member of the North American GSM Alliance LLC, a group of U.S. and
Canadian digital wireless PCS carriers. The GSM Alliance helps provide
GSM wireless communications for their customers in more than 5,500
U.S. and Canadian cities and towns as well as international service.
Adopted by 149 countries, GSM is the most widely used digital wireless
standard in the world with more than 330 million subscribers on six
continents, which offers an unprecedented roaming advantage to GSM
wireless consumers. VoiceStream has roaming agreements with more than
125 of the major operators worldwide providing service in 55
countries. The VoiceStream web site is located at www.voicestream.com
ABOUT TALK VISUAL CORPORATION
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.
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. Information on the new Talk Visual
TV225 Video-Telephone can be seen on www.thevideotelephone.com. In
addition, visitors are directed to visit the company's home page at
www.talkvisual.com and click on the FAQ section, and or to read the
Chairman's Corner latest bi-weekly message. The Company's new FREE
videocalling sign-up website service is available to public videocall
rooms, private and public corporations, and individuals worldwide. The
service can be accessed at www.videocallme.com.
Statements in this press release which are not historical
including statements regarding Talk Visual's or management's
intentions, hopes, beliefs, expectations, representations,
projections, plans or predictions of the future are forward-looking
statements within the meaning 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. Such statements include statements regarding the financial
security of VoiceStream's national presence, the public acceptance of
VoiceStream as a premier GSM provider, the profit potential from
VoiceStream products, the Company's ability to launch an aggressive
sales campaign, the success of that sales campaign in reaching a gross
sales level of 5 units daily from the Company's twenty locations, the
ability of the Company to continue its national product and service
distribution agreement with VoiceStream and any other related party,
other retail operations factors which might influence the sale of
VoiceStream products, including local and national competition with
the Company's retail store offerings, and the Company's ability to
roll-out VoiceStream services in Canada. It is important to note that
the Company's actual results could differ materially from those in any
forward-looking statements. By making these forward-looking
statements, the Company undertakes no obligation to update these
statements for revisions or changes after the date of this release.
Factors that could cause actual results to differ materially include
whether or not the sale of Voicestream products is consistent with the
Company's beliefs and projections, whether the sales campaign as
proposed will allow the Company to achieve the projected unit sales
levels, and other risk factors listed from time to time in the
Company's SEC reports, including but not limited to, the annual report
on form 10-KSB for the year ended December 31, 1999, and the quarterly
report on Form 10-QSB for the quarter ended June 30, 2000. This press
release does not constitute an offer to sell or the solicitation of an
offer to buy any securities.
--30--kc/bos*
CONTACT: Talk Visual Corporation
Janeth Iglesias-Vega, Investor Relations
305 572-0575
Info@TalkVisual.com
KEYWORD: FLORIDA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS TELECOMMUNICATIONS
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