Friday May 7, 9:00 am Eastern Time
Company Press Release
SOURCE: American Gateway Telecommunications
American Gateway Telecom to Provide Capital Services With International Long Distance Service to 21 Countries
WESTLAKE VILLAGE, Calif., May 7 /PRNewswire/ -- American Gateway Telecommunications (AGT), a subsidiary of Coyote Network Systems, Inc. (Nasdaq: CYOE - news), today announced it signed an agreement with Capital Services Inc. of South Florida, under which AGT plans to provide international long distance service to 21 countries. The initial deployment is for 72 T1s of international long distance traffic to be billed on a ''minutes-used'' basis.
About Capital Services
Based in Miami, Florida, Capital Services Inc. of South Florida provides international long distance services, primarily to 21 developing nations. GTE Communications Corporation (GTECC) recently announced it signed a 10-year, $265 million agreement with Capital Services in which GTECC will supply domestic transport services for Capital Services' voice traffic. Capital Services is also a licensed operator in Canada and Denmark.
About American Gateway Telecommunications
Based in Houston, TX, soon to relocate to the Dallas area, AGT provides wholesale international long distance service to carriers. AGT is leveraging Coyote's DSS Switch to route international traffic. AGT has switching facilities in New York City and plans to add switches in Los Angeles, Dallas and Miami.
About Coyote Network Systems
Based in Westlake Village, CA, Coyote Network Systems provides telecom equipment, international long distance and network integration services. For more information, please visit the Company's Web site: cyoe.com, or call 1-818-735-5385.
The statements in this news release may be considered ''forward looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to be materially different from any future performance suggested in this news release. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. The Company does not undertake to revise, and specifically disclaims any obligation, to publicly release the result of any revisions which may be made to any forward looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements. For more complete information, please refer to the Company's Form 10-K, Form 10-Q and other filings with the SEC.
SOURCE: American Gateway Telecommunications
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