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February 19, 1999 08:15
teltran.com to Launch Virtual Shopping Mall
NEW YORK--(BUSINESS WIRE)--Feb. 19, 1999--Continuing the strategy of expanding and improving their teltran.com web portal, Teltran International (OTC BB:TLTG) Friday announced the launch of their new on-line shopping mall.
The teltran.com virtual shopping mall will offer users access to a wide range of products covering many different areas of interest such as software, flowers, magazines and travel. Current suppliers offering their products and services on teltran.com include Amazon.com, Beyond.com, etoys.com and Travelocity. In the near future more products and services will be added as Teltran continues to establish strategic alliances with leading e-commerce companies.
Teltran recognizes that e-commerce represents the future of retail sales in this country and feels that a virtual shopping mall provides the ultimate means for teltran.com, and its subscribers, to take advantage of this transformation. By giving their users "point and click" access to all of their shopping needs, Teltran will offer them one more reason to make teltran.com their starting point on the web.
"We are very excited about the development of our new web portal," said Byron Lerner, president and CEO of Teltran. "We are continuously adding features and responding to user suggestions in an effort to make teltran.com the ideal place for all Internet users to begin surfing the web. The new shopping mall represents one more step in the right direction."
About Teltran
Licensed by the FCC as a global facilities-based common carrier, Teltran offers a full range of telecommunications and Internet services including Voice over IP, domestic and international long distance, Web Hosting, fax broadcast services and calling card programs.
Disclaimer
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may differ materially from actual future events or results. The future performance of the company involves risks and uncertainties that could cause actual results to differ markedly from those anticipated by such forward-looking statements. Such risks include but are not limited to the following: a limited operating history for the company; potential fluctuations in operating results; competition; pricing pressure; dependence on third-party suppliers of hardware and software; shortage of modems; dependence on telecommunications carriers; management of growth; limited market; a need for and risks of international expansion; the existence of a new and uncertain market; customer retention issues; rapid technological change; security risks; the risk of system failure; formal licensing and joint marketing agreements; patents and proprietary rights; infringement claims; changes in government regulation; risks associated with providing content including potential liability; dependence on key personnel and need to hire additional qualified personnel; uncertainty of currency exchange rates; need for additional capital; and enforceability of civil liabilities.
CONTACT: Teltran International, New York
Jimmy Tubbs, 1-888-TELTRAN
www.teltran.com
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