Is this the only competition? (CDNW TSIG NIKI KTEL)
TeleServices International Group Inc. Enters Three
Agreements to Enhance its Compact Connection, Inc. Music
Commerce Website
PR Newswire - June 16, 1998 12:37
TSIG NTKI KTEL CDNW %TLS %CPR %MLM %LIC V%PRN P%PRN
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- Consumers Guaranteed 24- to 48-hr Shipment of Music Among Other Benefits -
ST. PETERSBURG, Fla., June 16 /PRNewswire/ -- TeleServices International Group Inc. (OTC
Bulletin Board: TSIG), a fully integrated provider for outsourced teleservices, announced today that it
has chosen Valley Media, Inc. as its Internet and Direct-to-Consumer Fulfillment Supplier for its music
commerce subsidiary, Compact Connection, Inc. (CCI). TSIG has also entered into License
Agreements with MUZE, Inc. and ENSO Audio Imaging, Inc. for use of their respective music
databases to build content and marketing applications into CCI's music website.
Valley Media, Inc.'s "Sound Delivery" division is one of the largest direct-to-consumer fulfillment houses
in the United States for CDs, cassettes, DVDs and videos. The two-year General Agreement with
Sound Delivery provides Internet and Direct-to-Consumer fulfillment services to Compact Connection,
Inc. that include guaranteed shipping of products within twenty-four to forty-eight hours of being
ordered and virtually hourly updates of available inventory. Valley Media maintains a music inventory in
excess of 250,000 titles.
TSIG has signed a one-year License Agreement with Muze, Inc. to use its "Muze for Music" database
and its "Encyclopedia of Popular Music" for consumer content and marketing purposes. Muze for
Music is one of the most complete and comprehensive graphical music databases available in today's
market. The newly introduced Encyclopedia of Popular Music offers in-depth artist/label biography
information and is one of a kind.
TSIG's one-year License Agreement with ENSO Audio Imaging will allow the CCI website to
showcase audio music samples. ENSO's database includes continuous digitizing of new releases, as well
as a multitude of digitized catalog titles. ENSO's database of audio samples supports the RealAudio
Release 3.0 format.
"The new management team is diligently working on the design and functionality of the Compact
Connection website and its seamless integration with the TSIG call center, both scheduled to be
launched within the next thirty days," said Robert Gordon, Chairman and CEO of TSIG. "The decision
is indicative of our desire to provide consumers with a cutting edge, user-friendly website, a professional
customer service center, and the assurance of immediate product delivery."
CCI is well-positioned within the $35 billion global music market and the $71 million global online music
market that includes N2K (Nasdaq: NTKI), CDnow (Nasdaq: CDNW) and K-Tel (Nasdaq: KTEL).
CCI is the only direct music marketer in the world that can offer a combination of:
-- The lowest prices (including shipping and handling) to consumers on all
CDs/cassettes, including new releases;
-- 24 hour, seven day a week ordering capability, either via the Internet
or through CCI's toll-free 800 number, and;
-- Proven, turn-key, private-label music card
opportunities for its marketing partners.
CCI's state-of-the-art website is currently under construction. CCI's new online commerce site will be
positioned on a high-speed server capable of accommodating millions of customers who will have easy,
direct access to the world's best music prices. In addition, CCI's World Wide Website will have
advanced web technology for searching, ordering and reordering and will feature the latest in "push"
technology.
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 cci@TSIG.com.
SOURCE TeleServices International Group Inc.
/CONTACT: Andrew Schamisso of VistaQuest Financial Public Relations,
212-551-7874, for TeleServices/
/Web site: stockprofiles.com
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