Clarification of Promotional Materials by Tel-One, Inc.
TAMPA, Fla., Jan. 18 /PRNewswire-FirstCall/ -- Tel-One, Inc. (OTC Bulletin Board: TLON chart, msgs), today announced a statement of clarity on promotional circulations.
This release is being issued to modify certain promotional materials circulated in November 2001 by the Wall Street Examiner that indicated a price target for Tel-One stock of $21.00 per share. This target price was presented by organizations outside of Tel-One's management team.
Although the company would be delighted to have its shares trade at $21.00 per share, based on historic criteria of value, there is no basis that allows us to affirmatively state that this is a supportable price. Therefore, to the extent that a share target price is noted in promotional materials, such target price should be ignored.
Tel-One, Inc. is a telephony project management company providing outsourcing solutions on voice, data and video projects for Fortune 2000 and other multi-site companies. Tel-One's engineers, project managers and technical staff are located in Tampa and Boca Raton, Florida, Irving, Texas and Melville, N.Y. The company is headquartered in Tampa, Florida. Further information about Tel-One can be found on its web site address www.teloneinc.net or call toll free to 877-273-3108.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
Tel-One is a trademark of Tel-One, Inc. in the United States. All other trademarks recognized.
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Source: Tel-One, Inc.
Contact:
Rebecca O'Keefe, Investor Relations of Tel-One, Inc.,
+1-813-496-1149 ext. 102, or rokeefe@teloneinc.net
URL: teloneinc.net
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Note: Why would the company itself release such a statement made by someone else? Makes me puke. |
