Here's the news release on it.
ADGI's Affiliate Commences Marketing of Network Long Distance Services
BusinessWire, Wednesday, July 22, 1998 at 16:06
NEW YORK--(BUSINESS WIRE)--July 22, 1998--American Diversified Group (NASDAQ.BB:ADGI) announced Wednesday that its telecommunications-Internet affiliate, Global Transmedia Communications Corp. of Miami ("GTCC"), completed the installation of the first phase of its Internet telephony network services, utilizing Innomedia's InfoGate Internet telephony equipment.
GTCC completed installation of the gateway in Bogota, Colombia, and ADGI's affiliate now has telecommunications gateways operating in Canada, Florida, California, Singapore and South America.
The Internet telephony services are being marketed by ADGI's affiliate as its corporate communications networks ("CCN"), with initial marketing directed to major import-export firms in the Miami International Airport area. ADGI and its affiliate have determined that the international business-industrial complex has among the largest international long-distance calling volume in the United States, especially with respect to business conducted between the US and South and Central America.
The initial target customers for ADGI's affiliate's CCN Internet telephony service include the large national and multi-national freight-forwarders, airlines and flower importers in the US, with headquarters in South Florida and South America, and specifically providing the giant US flower tele-marketers with direct connections to their suppliers in South America.
Subscribers for the CCN service, for a fixed monthly fee, have unlimited long-distance call privileges to all other subscriber locations and calling through to local telephone numbers within each subscriber's local telephone area codes. ADGI's affiliate's CCN service permits Internet long-distance calling with virtually no long distance calling charges and no time restrictions. CCN also includes a centralized gatekeeper that maintains a database for the most efficient and lowest cost call routing to non-subscribers through the gateways for each call.
For further information, ADGI's Broadcast Fax System provides ADGI information (releases, newsletters, shareholder updates) and is accessible to all ADGI shareholders via fax. To become part of ADGI's Broadcast System, please contact ADGI's Investor Relations Office at 212/332-5009 or by fax at 212/332-3249. Global Transmedia Communications Corp. may be reached at 305/620-2577.
CONTACT: American Diversified Group Inc., New York
212/332-5009 |
