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Microcap & Penny Stocks : clyc--Projected 97 sales $600mil, 96 sales $5mil

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To: george eberting who wrote (269)8/20/1997 9:42:00 AM
From: Madeleine Harrison   of 368
 
No joking around thsi time, George--Madly

(BSNS WIRE) Catalyst Announces $10 Million Contract

Business Editors

SARASOTA, Fla.--(BUSINESS WIRE)--Aug. 20, 1997--Catalyst
Communications Inc., OTC Bulletin Board symbol "CLYC," announced
Wednesday that it had finalized an agreement with VQI Marketing, Inc.
a corporation based in London, Ontario, Canada.
This agreement calls for Catalyst to develop and provide prepaid
calling cards with attached scratch-off instant win sweepstakes for
distribution throughout Canada.
The initial order calls for VQI to purchase and distribute
prepaid phone cards with a retail value of $10 million. Scheduled
delivery of the first cards is expectd to be September/October of
1997.
"We look forward to working in conjunction with VQI in
introducing this unique and exciting product to the Canadian
marketplace," said Carl Smith, Chairman/CEO of Catalyst
Communications Inc.

--30--gaa/mi*

CONTACT: Broker Information please call:
RMJ & Associates, 713/596-5000
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