Tuesday June 1, 1:54 pm Eastern Time
Company Press Release
Investor J. R. LeShufy to Replace John Hwang
as Director of TSIG.com
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--June 1, 1999--TeleServices
International Group Inc. (OTC BB:TSIG - news), known as TSIG.com, today
announced that John Hwang has resigned as an employee and director of the Company and that J. R. LeShufy has
replaced Mr. Hwang as a director. This change reflects a move by the company to focus on its My MusicCard
program and its Web-based call center.
J. R. LeShufy was formerly president of Basic Investments Ltd., a major investor in TSIG.com. He is a director of
Inkine Pharmaceuticals (Nasdaq:INKP - news), a biopharmaceutical company. Mr. LeShufy is a private investor and
entrepreneur with a background in developing companies. He was the President and founder of Consolidated Fine
Arts Ltd., an innovative marketing company for the visual arts, primarily in graphics and art books.
''We are delighted to have J. R. LeShufy join TSIG.com as a director,'' commented Robert Gordon, chairman. ''Mr.
LeShufy has extensive experience in building companies. He believes, as do I, that we can build a large and profitable
company with the contracts we have in hand at TSIG.com.''
About TSIG.com
Headquartered in St. Petersburg, Florida, TSIG.com provides customer service and support through its Web-based call
center, and innovative marketing programs to build and retain site traffic through its myMusicCard programs. The
company's myMusicCard site is at mymusiccard.com. The company has signed agreements with Babe
Ruth League Baseball, the Tampa Bay Lightning and the Ice Palace, Lifetime Learning Systems, the National Music
Foundation, and The Entertainment Marketing Promotion Organization (TEMPO). The Company recently launched its
fund-raising program with Lifetime Learning Systems in more than 100,000 schools. For more information on
TSIG.com, please visit the company's Web site at tsig.com.
This press release contains ''forward-looking statements'' within the meaning of Section 27A of the 1933 Securities
Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of such
factors as (1) competition in the markets for the products and services sold by the company, and for outsourced
teleservices, (2) the ability of TSIG.com to execute its plans, (3) the availability of financing at favorable terms, and (4)
other factors detailed in the Company's public filings with the SEC.
Contact:
TSIG.com, St. Petersburg
Paul Henry, 727/897-4000
phenry@tsig.com |
