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Gold/Mining/Energy : LAKO Lakota Energy, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (267)	6/9/1999 2:49:00 PM
From: DanielleC	Read Replies (1) \| Respond to of 392

IT JUST KEEPS GETTING BETTER! Lakota Energy Inc. Announces the Completion of the Acquisition of Voice Design Inc., a Retail Provider of Wireless Ethernet Networks and Internet Services Business Editors ATLANTA--(BUSINESS WIRE)--June 9, 1999--Lakota Energy Inc., (OTC BB: LAKO) announces the closing of the acquisition to acquire Voice Design Inc., formerly known as Data and Voice Design of Houston, Texas. Voice Design Inc., is a retail provider of commercial voice and data services with emphasis on converging voice onto ethernet, or "wireless" networks. Cody Morgan, President of Voice Design Inc. stated, "Through this acquisition, we are afforded the local, regional and national presence we have been seeking. Our goal is to become a single source for today's growing businesses for voice, data and Internet services. By providing powerful, advanced communications services, Voice Design Inc. becomes the provider of choice for fast paced companies seeking integrated solutions." Ken Honeyman, President of Lakota Energy Inc. added, "The acquisition of Voice Design Inc. is the latest step in our initial plans for entry into the Internet landscape. We are extremely pleased about bringing Voice Design Inc. into Lakota's growing spectrum of companies. Voice Design Inc. has demonstrated a growth pattern over the past three years and is becoming an influence in the voice, data and Internet service industry. We are delighted with the major alliances they have made with the likes of 3COM, Maisoft and TUT Systems and we can see their success becoming part of our overall game plan of making prudent acquisitions." About the Company: By distributing voice across data networks, businesses can streamline their voice and data communications to work more efficiently and open the doors to currently available features that are accessible only when voice is integrated on the network. Voice Design Inc. has developed a strategic product line to capitalize on the demand for integrated voice solutions. These include agreements with 3COM Corporation, Maisoft Inc. and TUT Systems Inc. (NASDAQ symbol TUTS), pioneers in the Voice over Internet Protocol technology. These products are designed to take advantage of the existing network infrastructure present in today's business environments. Currently, Voice Design Inc. has a base of over 100 customers. Voice Design Inc. deploys the use of a wireless ethernet network that allow voice delivery, network and Internet services using the latest wireless frequencies. With wireless ethernet, Voice Design Inc. is able to deliver Internet access speeds over 200 times faster than a standard dial-up modem. By developing its own independent network outside of the Southwestern Bell fiber infrastructure, Voice Design Inc. is able to maintain extremely high profit margins thus allowing for a suite of competitively priced integrated technology services. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, continued acceptance of the Company's products, projects, competition, completion problems, technological changes and certain other unforeseen Risks. --30--jc/at* CONTACT: PMR and Associates, Investor Relations Patrick Rost, 760/942-0015 760/942-1581 fax E-mail PMRandco@aol.com or Lakota Energy Inc. Ken Honeyman, 770/433-8250 E-mail LAKO@bellsouth.net or Voice Design Inc. Cody Morgan, 713/663-6262 E-mail cody@dataandvoicedesign.com KEYWORD: GEORGIA TEXAS INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET RETAIL MERGERS/ACQ Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: www.businesswire.com