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To: ezmoney who wrote (2284)7/13/1999 6:37:00 PM
From: ezmoney  Read Replies (1) | Respond to of 5041
 
My reason for TXCI wed.this is imo. please do you own dd regards all!
TotalAxcess.com Inc. Partners With Blackstone Calling Card, Inc. in Multi-Million Dollar Distribution Agreement


SAN FRANCISCO--(BUSINESS WIRE)--July 13, 1999--

Contract to Yield $10 Million in Second Quarter Gross

Revenue

TotalAxcess.com, Inc. (OTC BB:TXCI), formerly Group V Corporation, announced today a partnership with Blackstone Calling Card, Inc. to distribute approximately six million "Gateway International" pre-paid calling cards with an estimated retail value of $57.7 million.

This is the second distribution contract that TotalAxcess.com has entered into with Blackstone and it is expected to generate in excess of $35.7 million in revenue for the Company in the next twelve months. The "Gateway International" pre-paid calling cards are now available domestically in $5, $10 and $20 denominations providing extremely low international phone rates to a number of popular overseas markets.

The Company's first reported contract with Blackstone (Business Wire: April 20) was for $8.4 million in country specific pre-paid phone cards released through leading Blackstone distribution channels located throughout the nation. TotalAxcess.com President and Chief Executive Officer, Joseph Monterosso stated, "We have built an impressive and cost- effective telecommunications network backed by knowledgeable and talented professionals. We have clearly demonstrated the Company's ability and will continue to provide the finest quality service at the most competitive rates. Our partnership with Blackstone has been beneficial to both parties and we are pleased that we can continue to provide state-of-the-art support and service to such a high quality distributor."

Blackstone Calling Card, Inc. located in Miami, Florida has built an extensive distribution network with more than 1,650 distributors nationwide outside of Florida and over 7,800 retail accounts in South Florida, New Jersey and Venezuela which are visited by their own sales force. Stated Luis Arias, President of Blackstone Calling Card, Inc., "We have been extremely pleased with the Company's total performance and we look forward to furthering our distribution partnership over the coming months."

TotalAxcess.com, Inc. (a publicly traded company OTC BB: TXCI) is a diversified telecommunications company specializing in some of the world's most profitable market segments including one plus, toll free long distance and pre-paid phone card products.

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 risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

CONTACT:

TotalAxcess.com, Inc.

John Steward, 415/575-0222

KEYWORD: CALIFORNIA FLORIDA INTERNATIONAL LATIN AMERICA

BW0071 JUL 13,1999

5:22 PACIFIC

8:22 EASTERN

ez.