TSIS- News out- read below, they sign another BIG client-
Tuesday July 21, 1:43 pm Eastern Time
Company Press Release
Interactive Telesis Signs Agreement With Norwest Corp.
SAN DIEGO--(BUSINESS WIRE)--July 21, 1998--Interactive Telesis Inc. (OTCBB:TSIS - news) is pleased to announce it will be providing InvestorREACH services to Norwest Corp. of Minneapolis (NYSE:NOB - news). Norwest Corp. recently announced its merger with Wells Fargo & Co. creating the largest financial services company in the Western Hemisphere with combined assets of $191 billion.
ITI will provide Norwest Corp. the highest quality investor communication services available today. Using InvestorREACH technology, interested investors will have immediate access to up to the minute stock quotes, financial reports, company news, as well as other corporate information. This information is available 24 hours a day by fax on demand or voice response. Using InvestorREACH to communicate with Norwest's large shareholder base is estimated to save the company as much as 70% over previous costs associated with traditional mail communications.
Michael Hutchison, vice president of Sales for ITI, stated: ''The addition of Norwest Corporation broadens our growing client base of industry leaders who realize the importance of communicating efficiently with increasingly sophisticated retail investors. Our client companies, many of which have been with us for over four years, depend on ITI to streamline their shareholder communications and save them money in the process. Our InvestorREACH service frees client investor relations staff to focus on creating awareness with analysts and fund managers rather than spending time satisfying redundant information requests from individuals. As evidenced by the satisfaction of such diverse and long-term clients as Ingersoll-Rand and Tribune Company [NYSE:TRB - news], InvestorREACH has proven itself to be effective for both public companies and investors.''
In addition to its InvestorREACH service ITI offers customized IVR applications to companies such as AT&T, and Lucent Technologies through its MarketREACH division.
Investor Relations contact: Venture Capital & Marketing Consultants
Inc., 888/302-9994
Or email nsi@worldramp.net
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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 known 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. |
