Tuesday June 30, 10:35 am Eastern Time
Company Press Release
Interactive Telesis Begins Relationship with Telecommunications Legend & Reaches First Profitable Quarter
SAN DIEGO--(BUSINESS WIRE)--June 30, 1998--Interactive Telesis Inc. (NASDAQ BB:TSIS - news) is pleased to announce the signing of an agreement to offer InvestorREACH(tm) services to Frontier Corp. [NYSE:FRO - news], the nation's fifth largest long distance carrier. The agreement calls for TSIS to provide shareholders of Frontier Corp. the highest quality shareholder communications services available today. Using proprietary cutting edge technology, TSIS will provide shareholders direct access to Frontier's Annual and Quarterly reports as well as other timely corporate information. TSIS provides automated direct shareholder communications via voice or fax and is fast setting the standard for cost-effective shareholder communications. Both companies have expanded talks beyond the current contract, and are exploring possible joint marketing ventures. Most publicly traded companies using the InvestorREACH service have reported savings as high as 50% off of traditional mail based communications. As a result of growing demand for the TSIS services, the company has reached its first profitable quarter.
Donald E. Cameron, president of TSIS, said: ''This has been an incredible year for TSIS. Reaching the first profitable quarter is a milestone for any company. At Interactive Telesis, we focus on the future and how business will be done five to ten years from today. We take this vision and apply it to our clients today. Adding a company like Frontier Corp., a company founded in 1899, helps us to appreciate just how far this industry has come and how instrumental TSIS can be in shaping its future.''
TSIS provides shareholder communication services to clients such as Seagate Technology and Ingersoll Rand through its InvestorREACH division as well as customized IVR applications to companies such as AT&T, Lucent Technologies and GTE through its MarketREACH division.
Investor Relations Contact: Venture Capital & Marketing Consultants Inc., 888/302-9994 or email nsi@worldramp.net
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve know and unknown risks and uncertainties which may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
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Contact:
Venture Capital & Marketing Consultants Inc.
888/302-9994
email: nsi@worldramp.net
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