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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 (26)9/30/1997 6:15:00 PM
From: Kris Dungan   of 51
 
Monday September 29 5:50 PM EDT

Company Press Release

TELS Corporation Announces Relocation of Corporate Headquarters

SOUTH JORDAN, Utah, Sept. 29 /PRNewswire/ -- Stephen M. Nelson,
President of TELS Corporation (Nasdaq:TELS), today announced the
relocation of TELS Corporation's corporate headquarters to 705 E. Main
Street, American Fork, Utah 84003 from South Jordan, Utah.

TELS Corporation and TEL-SOFT, maker of WIN-SENSE(TM) are now sharing a
facility that, for several years, has been occupied by its subsidiary
TEL electronics. MICROMEGA, the Company's Research and Development
division also relocated to American Fork. HTI, a contract manufacturer
subsidiary of TELS Corporation, remains in Santa Clara, California.

Comments from Stephen M. Nelson, President

``The relocation of TELS Corporation's corporate headquarters was done
in an effort to improve coordination among the Company's subsidiaries as
well as reduce administrative expenses. We are excited about this
arrangement and feel it is another step towards profitability.''

TELS Corporation's new phone number is 801-756-9606, Fax: 801-756-9135.
The toll free number remains the same at 800-564-9424.

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.

SOURCE Tels Corporation
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