BIG NEWS FOR YOU GUYS?
BW0062 JAN 28,1999 5:54 PACIFIC 08:54 EASTERN
( BW)(CA-TERAGLOBAL)(TGCC) Teraglobal Communications Corp. Becomes Reporting Company And Intends To File For Nasdaq National Market
Business Editors
SAN DIEGO, Calif.--(BUSINESS WIRE)--Jan. 28, 1999-- (OTC-BB:TGCC) On January 25, 1999 TGCC's 10-SB Form became effective giving TeraGlobal "reporting company" status.
The company will be filing regular quarterly and annual reports in the future.
TGCC Intends to File Application for NASDAQ National market
Based on the reporting status and recent gains in the stock price, TeraGlobal intends to promptly file an application for listing on the NASDAQ National market.
TERAGLOBAL (TM) COMMUNICATIONS CORP. is a communications technology company with existing products and products under development to fulfill wide market needs. The company is currently introducing a group of communications technology products and services that include the hardware, software, connectivity, network, and advanced compression technology necessary to deliver real time, point-to-multi-point interactive multimedia communications solutions. The products have been described as revolutionary in their ability to transform the telemedicine, distance training, distance education, and corporate and organizational communications landscape.
--30--PS/ch*
CONTACT: TeraGlobal Communications Corp.
Darren Seed, 604/806-0200
604/806-0201 (FAX)
E-mail: dseed@teraglobal.com
or
TeraGlobal Communications Corp.
Susan Wilson, 619/231-0555, ext. 118
619/232-9454 (FAX)
E-mail: swilson@teraglobal.com
KEYWORD:
INDUSTRY
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