dba Telecom's SmarTalk ranks better than Nortel/Lucent/Mit Message Board

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Gold/Mining/Energy : dba Telecom's SmarTalk ranks better than Nortel/Lucent/Mit

DBA 25.65

+0.7%

Dec 24 4:00 PM EST

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To: Spiney who started this subject	12/8/2000 5:20:34 PM
From: Steve Stakiw	of 553

dba Telecom Completes Financing dba Telecom Corporation News Release For Immediate Release Trading Symbol: DBA Canadian Venture Exchange dba Telecom Completes Financing December 8, 2000 North Vancouver, BC, Canada - dba Telecom Corporation (CDNX: DBA) announces that it has closed on $1,115,000 of convertible loans as previously announced on October 13. The loans bear interest at 10% per annum, payable quarterly, and mature in three years. The loans may be converted into shares of dba Telecom at a price of $0.16 in the first 2 years and at a price of $0.21 in the third year. The net proceeds are being used to finance production and for general working capital requirements. Known internationally as “The SmarTalk Company”, dba Telecom provides a unique range of intelligent network handsets for use in a variety of applications in the Centrex, Computer Telephony and Communication Server markets. dba Telecom has sales and support offices in Canada and the U.S. with engineering, marketing and administration located in Vancouver. The Company’s shares are traded on the Canadian Venture Exchange under the symbol DBA. The Canadian Venture Exchange has neither approved nor disapproved the information contained herein. Contact: dba Telecom Corporation 1225 E. Keith Road, Unit 1 North Vancouver, BC, Canada V7J 1J3 Tel: (604) 903-3900; Fax: (604) 985-4128 Email: invest@dbatele.com Website: www.dbatele.com

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