ALL: Breaking News on TRLK!!!!
Subject: TRLK - TradeLink International, Inc.
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To: Sanj (64 )
From: J.F.
Feb 13 1997 2:23PM EST
Reply #65 of 66
TRADELINK NEWS 12:40 P.M
Thursday February 13 12:40 PM EDT
TradeLink announces completion of alliance with GSM
Communications
Aquisition of Wireless USA to proceed
MIAMI--(BUSINESS WIRE)--Feb. 13, 1997-- Tradelink International Inc
announced Thursday that GSM
Communications Inc. has completed its purchase of 20% of Bridgeport Telecom Inc.,
the TradeLink subsidiary
that will resell long-distance and wireless communications.
With the completion of the final phase of this transaction, originally announced in July
1996, Bridgeport will
move forward to conclude the acquisition of Wireless USA, as previously disclosed.
Lawyers for Bridgeport and
Wireless are in the final stages of documenting this acquisition, and a closing is
expected to occur in the very
near future.
GSM's principals bring a depth of experience in developing, financing and
administering long-distance reselling,
and will be instrumental in recruiting additional wireless and long-distance resellers to
TradeLink. TradeLink's
announced plans to begin reselling telecommunications services under its corporate
banner were delayed and
are now expected to commence this March. TradeLink expects that Bridgeport, and
the companies to be acquired
by it, will benefit greatly from other TradeLink activities, such as ExpoLink, which is
expected to start providing
innovative, interactive voice and other telecom services to the trade show industry this
April.
TradeLink is an interactive communications company dedicated to bringing marketing
and communications
solutions to domestic and international business.
CONTACT: TradeLink International Inc., Miami
Richard Herbst, 305/446-1888
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