Thursday July 23, 11:50 am Eastern Time
Company Press Release
Interactive Telesis Signs Agreement With NYSE Patriarch
SAN DIEGO--(BUSINESS WIRE)--July 23, 1998--Interactive Telesis Inc. (OTC BB:TSIS) is pleased to announce the signing of an agreement to provide InvestorREACH services to Homestake Mining Co [NYSE:HM - news]. Homestake, which began mining operations in 1887, was listed on the New York Stock Exchange in January, 1879, and is the oldest listed company on the Exchange that is still in its original line of business. The agreement calls for ITI to provide shareholders of Homestake the highest quality corporate communication services available today. Using proprietary technology, ITI will provide shareholders direct access to Homestake's annual and quarterly reports, as well as other timely corporate information.
Donald E. Cameron, president of Interactive Telesis, said: ''We are certainly seeing a trend with Wall Street's most established companies stepping into the future by using InvestorREACH. Recently, Frontier Corporation [NYSE:FRO - news], which was founded in the 1800s, also contracted to utilize InvestorREACH. We are pleased that a growing number of America's oldest and most respected public companies, who have succeeded due to their ability to identify and utilize the latest technology, have chosen ITI to help communicate with the investing public into the next century.''
Interactive Telesis provides automated direct shareholder communications via voice or fax and is fast setting the standard for cost-effective shareholder communications. ITI provides investor 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 and Lucent Technologies through its MarketREACH division. Most publicly traded companies using InvestorREACH services have reported savings as high as 70% over their traditional mail-based communications.
Investor Relations Contact:
Venture Capital & Marketing Consultants, Inc.
888/302-9994 or email nsi@worldramp.net
or
Interactive Telesis Inc.
Gregory Stesiak, Account Executive
800/873-9606 or E-mail: iti@intelesis.com
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.
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