HOT HOT HOT
I just walked into an internet shop (since I am on the road again). What do I see except for 36 posts on this thread:
VERY VERY INTERESTING NEWS
Cheers, Robert
Financial Intranet Announces Formation of Financial Telecom, a Wholly Owned Subsidiary
Business Wire - May 05, 1998 11:39
%FINANCIAL-INTRANET FNTN %NEW-YORK %COMPUTERS %ELECTRONICS %COMED %INTERACTIVE %MULTIMEDIA %INTERNET V%BW P%BW
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ARDSLEY, N.Y.--(BUSINESS WIRE)--May 5, 1998--Financial Intranet Inc. (OTCBB:FNTN), a New York based network developer of Intranet, Internet and specialized communications services, announced today it has formed a wholly-owned subsidiary, Financial Telecom Inc. to meet the needs and growing demand for enhanced communications services now required by the Financial Services Industry.
The primary purpose of this new division will be to focus its sales and marketing efforts in a new and dynamically growing market sector. This will enable strategic ventures to be signed with other resellers of Telephony product giving them unique access to a greatly expanded product range, competitive pricing and many other incentives. These strategic alliances will also give Financial Telecom access to a range of other products that the company can also distribute.
Financial Intranet Inc. is a licensed Telephone Carrier, registered with the FCC and tariffed in approximately thirty states.
Michael Sheppard, president and COO of Financial Intranet said: "Establishing Financial Telecom will enable us to focus our efforts in a rapidly changing and opportunistic area, especially in the Financial Sector. Under the leadership of experienced industry executives, we feel Financial Telecom will be uniquely poised to offer an unprecedented array of communication services in this increasingly sophisticated arena. These services will include one stop shopping for: Low cost, one rate domestic tariffs and significant uni-rate discounts on international traffic, enhanced paging services through International Data Broadcasting Inc. and ultra-speed Intranet and Internet access. In addition, we would like to offer our shareholders a free, ten-day trial, of the 'Watchdog Service'. If you are interested, please call IDB at 813-651-5511 or 888-339-2824. We envision our enhanced paging services will be re-distributed through our co-operating resellers network which will help build out our data base, as well as expand the Internet and Intranet arena."
Financial Intranet is in the process of establishing the nation's first, proprietary, secured on demand, interactive high-speed video, voice and dedicated data-stream Information Network, that will enable enhanced links to be created between the Brokerage and Mutual Fund Industries and allow interactive access by the individual investor. The proprietary network is customizable for any application, group, franchise or association that requires dynamic information exchange, especially for organizations that are heavily data laden such as Federal, State, Local and City Government Departments, Law Enforcement, Insurance, Financial, Medical and Legal industries.
CONTACT: Financial Intranet, Inc.
Michael Sheppard, 212/702-4873 |
