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Microcap & Penny Stocks : GTCI - get in before the news hits

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To: blessed who wrote (258)1/14/1999 1:09:00 PM
From: DARPA  Read Replies (2) of 1541
 
Company Press Release

Thursday January 14, 12:41 pm Eastern Time

SOURCE: Global Telephone Communications, Inc.

Global Telephone Communication Inc. Retains Wall Street Financial Group,
Inc. For Comprehensive Investor Relations Program

SAN DIEGO, Calif., Jan. 14 /PRNewswire/ -- Global Telephone Communication Inc. (OTC Bulletin Board: GTCI - news) today announced it has retained Wall
Street Financial Group, Inc., (WSFG) of Mission Viejo, CA, to produce an in-depth research report and to provide a professional, comprehensive investor relations
program and media campaign to increase investor awareness.

WSFG is a full-service financial communications firm with a large data base of investors, brokers, market-makers and institutional money managers. WSFG uses all
forms of media, including radio, television, written research reports, direct mail, e-mail, Internet and exposure in various financial publications to effectively
communicate information to the investment community.

Terry Wong, president of Global, said: ''We are delighted to have Wall Street Financial Group represent us. To date, we have accomplished a number of major
milestones and we believe our future is extremely bright. It is now time for investors and brokers to understand who we are and where we are headed. Wall Street
Financial Group has impressed us with their professional and effective approach toward increasing investor awareness.''

Michael Furr, president of WSFG, said: ''We are delighted to be representing such an exciting and dynamic company as GTCI. We look for undervalued
companies that offer exceptional future growth potential and GTCI certainly fits into that category. We will soon be publishing a comprehensive research report and
financial information on our Web Sites -- wallstreetresearch.net and superstocks.net.''

Global Telephone Communication Inc., is working with China Telecom to bring wide access of the Internet to the Peoples Republic of China. Through its wholly
owned subsidiary Regent Luck Holdings, Global Telephone operates under an exclusive agency/licensing agreement with China Telecom's wholly owned subsidiary,
Newsnet, to provide basic and advanced Internet services. Also within the agreement is Global Telephone's ability to provide Internet Telephony systems and
products. According to statistics recently released by the China National Network Information Center, registered Internet users reached 1.175 million by the end of
June, 1998, doubling the number of users over the previous six month period. More information can be obtained about Global by visiting its Web Site at
globaltci.com.

This statement includes forward-looking information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to
certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and
foreign factors will not differ materially from those suggested in the forward-looking statements as a result of various factors, including market conditions,
competition, advances in technology and other factors.

SOURCE: Global Telephone Communications, Inc.
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