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Technology Stocks : EGLO Executive Telecard

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To: Gravitar who wrote (23)3/1/1998 8:54:00 PM
From: Heidi Hirst   of 300
 
EXECUTIVE TELECARD ANNOUNCES
INVESTMENT BANKING RELATIONSHIP

FOR IMMEDIATE RELEASE
DATE: February 25, 1998

Denver Colorado, February 25, 1998 - Executive TeleCard, Ltd. announced today an investment banking relationship with Gerard Klauer Mattison & Co. Founded in 1989, Gerard Klauer Mattison & Co. is an institutional research and investment banking organization with offices in New York, Boston, and Chicago. They are a member of the New York Stock Exchange and the NASD.
"The relationship with Gerard Klauer Mattison & Co., a well known investment banking firm, is a strategic step in maximizing shareholder value for Executive TeleCard. With new management, a growth strategy focusing on core business, and investment banking in place, we have a strong foundation for 1998." said Christopher Vizas, CEO of Executive TeleCard.
Executive TeleCard, founded in 1987, is an international communications service company providing voice and data services via its World Direct global network to major corporate and carrier partners worldwide and providing enhancements to its partners' global calling cards. Executive TeleCard's products and services include: global calling card services, national calling card platform services, global internet access (eGlobe), international and domestic toll-free service (Service 800) and multi-currency, detailed billing.
-End-
For further information please call Dawn L. Van Zant toll free at 888.368.8704, Samantha Haynes toll free at 888.368.8704 or Heidi E. Hirst toll free at 888.368.8703.
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