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Microcap & Penny Stocks : TELS Will it ever get back to $1.00?

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To: Kris Dungan who wrote (14)6/19/1997 7:48:00 PM
From: Kris Dungan   of 51
 
TELS Corporation Announces Results of Annual Meeting

SOUTH JORDAN, Utah, June 16 /PRNewswire/ -- Stephen M. Nelson, President
of TELS Corporation (Nasdaq:TELS), announced today that Mr. Willard H.
Gardner, Mr. Stephen M. Nelson, and Dr. Ming-Tzong Chen were all
reelected at TELS' 1997 Annual Meeting held Monday, June 2nd. The
company's officers, John L. Gunter, CEO, Stephen M. Nelson, President
and Treasurer, R. James Taylor, Executive Vice President, and Willard H.
Gardner, Corporate Secretary were also re-appointed.

Mr. Willard H. Gardner, a Director since 1984, brings to TELS
Corporation a vast array of experience in the computer technology
industry including a long career with Brigham Young University where he
served in various capacities, two of which were Executive Director of
Information System Services and Associate Professor of Computer Science.
Mr. Gardner was a founding member of the Board of Trustees of both the
Utah Technology Finance Corporation and the Utah Information Technology
Association as well as serving in the Utah State Legislature from 1973
to 1985. In 1989, Mr. Gardner took on the additional responsibility of
serving as TELS Corporation's Corporate Secretary.

Mr. Stephen M. Nelson has been involved with TELS Corporation since 1982
and was appointed as a Director in 1991. He has served in several
positions including Chief Financial Officer, Treasurer and Vice
President of Finance, Senior Executive Vice President, and in 1996, he
was appointed President and Treasurer. Mr. Nelson is a graduate of the
University of Utah, a CPA, and a member of the American Institute of
Certified Public Accountants, the Utah Association of Certified Public
Accountants, and the Institute of Management Accountants where he served
as President from 1989 through 1990.

Dr. Ming-Tzong Chen was appointed as a Director in 1995 to fill a
vacancy on the Board of Directors. Dr. Chen received his Doctorate in
Physics from Brigham Young University. He has been a founder of several
companies; Pro Sports USA Co., Chateau Research, Inc., Chen's
International Corporation, and Galaxy International Corp. In 1979, under
the management of Dr. Chen, Galaxy obtained a major contract with the
Taiwan Power Company which resulted in Galaxy becoming the first firm to
export coal from the western U.S. to Taiwan.

TELS Corporation through its subsidiaries, designs, builds, assembles,
sells and services call accounting and other telecommunications systems.
The company also assembles electronic systems on a contract basis, as
well as designs, sells and services computer software products.
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