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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: AJ Berger who wrote (1204)6/12/1998 10:33:00 AM
From: WVMayor  Read Replies (1) of 44908
 
NEWS OUT!
--------------
Friday June 12, 10:00 am Eastern Time

Company Press Release

SOURCE: TeleServices International Group Inc.

TeleServices International Group Inc. Completes
Management Reorganization

ST. PETERSBURG, Fla., June 12 /PRNewswire/ -- TeleServices International Group Inc. (OTC
Bulletin Board: TSIG - news), a fully integrated provider for outsourced teleservices, announced
today that it has completed a management reorganization, naming a new Chief Operating Officer, Vice
President of Marketing Communications, Vice President Sales, Vice President Account
Management/Customer Service and Director of Call Center Operations. The new management team
is responsible for TSIG and its subsidiaries: Visitors Services International Corp., American
International Travel, Inc. and its newest acquisition, Compact Connection, Inc.

The new management team is headed by Alyce Cucurullo, who has served as a management
consultant to TSIG since April, 1998, and will become its Chief Operating Officer. Ms. Cucurullo has
an established track record and strong credentials in the teleservices industry, most recently serving as
Executive Vice President, Chief Operations Officer and Chief Financial Officer of IQI Inc., the fifth
largest inbound/outbound teleservices agency in the U.S.

Catherine Krell is named Vice President Marketing Communications. She has extensive experience in
both the travel and tourism and consumer products industries where she has held senior management
positions with leading advertising agencies in New York and Los Angeles.

Jeannie Lewin is named Vice President Sales and Richard Olson is named Vice President Account
Management/Customer Service. Both individuals have over 25 years of combined experience in the
hospitality and tourism industries.

Timothy Heidemann is named Director of Call Center Operations and has over 15 years of
experience in managing teleservices call centers and direct mail/direct marketing.

Robert Gordon, Chairman of TSIG, who will also serve as its Chief Executive Officer stated: ''The
new management team has proven track records within their individual industry expertise. They are
committed to growing TSIG and its subsidiaries into a premier outsourced teleservices provider. You
will see the result of their efforts in the restructuring of VSI, AIT and the soon to be announced
product launch of Compact Connection Inc.

''This new team is building our business for long-term success. They are a focused, cohesive team
that has a clear vision of the tasks ahead.''

Steve McLean, Ray Wilson, and two other members of TSIG have resigned from their positions with
TSIG to join a new privately held company, Teleservices Holdings Corporation (''Holdings'').
Holdings will be changing its corporate name to a name dissimilar from ''teleservices''. Sienna Limited
Partnership II and First Dominion Capital are the major investors in Holdings with debt financing being
provided by Canadian Imperial Bank of Commerce [NYSE:BCM - news]. TSIG and Regent Capital
Management have a 6% equity interest in Holdings.

TeleServices International Group Inc. is a fully integrated global provider of outsourced teleservices to
companies who are in the business of selling products and services through toll-free numbers and the
Internet. Visit TeleServices International Group's website at www.stockprofiles.com/tsig or e-mail
TSIG at ECS@TSIG.com.

SOURCE: TeleServices International Group Inc.

More Quotes
and News:
Canadian Imperial Bank of Commerce (NYSE:BCM - news)
TeleServices International Group Inc (OTC BB:TSIG - news)

Related News Categories: advertising, telecom

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