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Technology Stocks : CYOE / Diana Corp. Why has the SEC not halted this pig? -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Thompson who wrote (229)	7/8/1999 2:36:00 PM
From: StockDung	Read Replies (1) \| Respond to of 242

Hey CYOE fans. Anyone think they left out something? Was it Apollo KK's Class ll Carrier License & Point of Presence ? Truthseeker thinks its a good posibility since they said in their business plan they were going to buy the guts of Apollo KK (The dog and pony show $6 placement). Yet I do not see them mentioning it in the press release. Well, thats CYOE for you. Coyote Network Systems Expands International PresenceObtains Japanese Class ll Carrier License & Point of Presence WESTLAKE VILLAGE, Calif., July 8 /PRNewswire/ -- Coyote Network Systems, Inc. (Nasdaq: CYOE) today announced that it has expanded its international presence by obtaining a Japanese Class ll carrier license and point of presence (POP), enabling the Company's carrier subsidiaries to originate and terminate traffic in that country. The Company is also in the process of arranging interconnect agreements with several "in country" as well as other international carriers. "As part of our corporate strategy, we are targeting focused telecom market segments, such as international long distance to and through strategic markets like Japan," said Daniel W. Latham, president and chief operating officer, Coyote Network Systems. "The Japanese license and POP should result in lower costs and greater efficiencies for our carrier subsidiaries, INET and AGT and their customers." INET Interactive Network System markets international long distance services, primarily to Japanese and French speaking people in the U.S. American Gateway Telecom provides wholesale international long distance services. A fundamental component of Coyote's strategy for growth is to provide a total solution, i.e., switching equipment, international long distance and network services, primarily to entrepreneurial carriers. The Company is targeting specific market segments: telecom switching, international long distance and network services that include network design and operations services, facilities management, switch provisioning, billing administration, access to financing and customer support services. About Coyote Network Systems Based in Westlake Village, CA, Coyote Network Systems provides telecom equipment, international long distance and network 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 undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For more complete information, please refer to the Company's Form 10-K, Form 10-Q and other filings with the SEC. SOURCE Coyote Network Systems, Inc. CO: Coyote Network Systems, Inc.; INET Interactive Network System American Gateway Telecom ST: California, Japan IN: TLS CPR SU: LIC 07/08/99 08:30 EDT prnewswire.com