For the record- News
Catalyst Announces Shipment of
New PrePaid Phone
Card/Sweepstakes Product to
Bingo/Gaming Market
Business Wire - May 20, 1998 09:30
%CATALYST-COMMUNICATIONS CLYC %FLORIDA
%COMED %TELECOMMUNICATIONS V%BW P%BW
SARASOTA, Fla.--(BUSINESS WIRE)--May 20,
1998--Catalyst Communications, Inc. of Sarasota, Florida,
(NASDAQ Bulletin Board symbol "CLYC") announced today
the shipment to distributors of their new prepaid phone
card/sweepstakes product designed specifically for the
Bingo/Gaming market.
The card, which retails for $2.00, features 5 minutes of
domestic talk time and, at no additional cost, an opportunity
to play the "Lucky Call" scratch and win instant sweepstakes
game. The sweepstakes offers a 1 in 5 chance of winning
prizes ranging from $1.00 all the way up to two grand prizes
of $25,000.00.
The initial printing of 2,000,000 cards has been very well
received by the marketplace with pre-sales to 22 major
Bingo distributors in 17 states who supply products to over
5,000 retail Bingo halls across America.
Sales and marketing of the new "Lucky Call" phone cards is
being handled by Stuart & Associates of Ft. Lauderdale,
Florida, a leader in product design, manufacturing and
marketing of products to the Bingo industry for over 21 years.
"We are very pleased with the initial distributor acceptance of
our new premium phone card and excited about having a
recognized marketing leader, Stuart & Associates,
representing our product(s) within the multi-billion dollar retail
Bingo marketplace", said Carl Smith, Chairman.
CONTACT: RMJ & Associates
Peter Bianchi, 281/596-9000
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