SAN DIEGO--(BUSINESS WIRE)--May 11, 1998--Interactive Telesis (NASDAQ Bulletin
Board:TSIS) announced today the signing of three more of Silicon Valley's leading companies.
The signing of these companies, well known for their aggressive use of the latest technology, is
another striking example of the viability and demand for InvestorREACH. Collectively these
companies represent over 500,000 shareholders who are being notified of the InvestorREACH
services and encouraged to utilize them.
TSIS' InvestorREACH program streamlines the investor relations and communications
functions of public companies. InvestorREACH allows companies to communicate timely
corporate information, including news releases, earnings and research reports, management
up-dates, stock quotes and more, 24 hours a day by phone or fax. The use of InvestorREACH
eliminates the need for costly and inefficient mail services, saving companies up to 80 percent on
previous communications.
As a result of the demand for ITI's InvestorREACH and MarketREACH services, management
anticipates monthly revenues to increase over 50 percent in the next 120 days from its current
level of approximately $130K. The system's high degree of automation will allow Interactive
Telesis to realize profit margins approaching 70 percent.
By consistently exceeding the expectations of their clients, Interactive Telesis is establishing
itself as the benchmark for providing reliable and innovative communications solutions to
publicly traded companies.
From time to time, the Company may issue forward-looking statements that involve risks and
uncertainties. This statement may contain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of
1934, as amended. Actual results could differ and any forward-looking statements should be
considered accordingly. |
