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To: InOverMyHead who wrote (460)	7/21/1999 6:02:00 PM
From: Dave Swanson	Read Replies (1) \| Respond to of 1078

KNSC news........ ---------------------------------------------------------------------- ---------------------------------------------------------------------- Wednesday July 21, 2:49 pm Eastern Time Company Press Release SOURCE: Kensington International Holding Corp. Kensington Completes Phase One of its Stock Acquisition of Mail Call, Inc., www.mailcall.net MINNEAPOLIS, July 21 /PRNewswire/ -- Kensington International Holding Corporation (OTC Bulletin Board: KNSC - news) and the internet company, Mail Call, Inc., of Miramar, Fla., announced today that Kensington had completed phase one of its stock purchase of Mail Call, Inc. Kensington now owns 18% of Mail Call, Inc. and is working on phase two and three of the acquisition, at the completion of which, Kensington should own over 50% of Mail Call, Inc. Mail Call ( mailcall.net ) uses advanced text-to-speech technology to read e-mail over a telephone without a computer. The user may respond to the e-mails by selecting from one of four pre-written responses or send a personalized voice reply. The user may also fax a message to a designated fax machine from the phone. Kensington filed its 10-KSB on the 19th of May, 1999, and it showed that the Company had increased net income, after taxes, by 497% in 1998 compared to the same period in 1997. Kensington continues to show net profits and an increase in its cash position during 1999. The preceding statements are made pursuant to the Private Securities Litigation Reform Act of 1995, as amended, in order for the Company and MAIL CALL, INC. to avail themselves of the ''safe harbor'' provisions of that Act, as amended. Certain statements in this release and the Company's and MAIL CALL, INC.'s financial projections that are not historical fact constitute ''forward-looking information.'' Such forward-looking information involves known and unknown risks, uncertainties and other factors, which may cause the actual results of the Company and MAIL CALL, INC. to be materially different from results expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but are not limited to: customer demand not meeting expectations; lack of consistent supply of materials; lack of adequate distribution markets; the inability to resell enough of the services; the loss of the right to resell or use others' products; adverse economic conditions; intense competition; inadequate capital; unexpected costs; lower revenues and net income than expected; loss of customers; price increases; failure to obtain customers; the possible acquisition of a new business or products that do not perform as anticipated; inability to carry out marketing and sales plans; changes in interest rates; inflationary factors; inability to meet customer demand and other specific risks that may be alluded to in this press release or in other reports issued by the Company or MAIL CALL, INC. SOURCE: Kensington International Holding Corp. -------------------------------------------------------------------------------- More Quotes and News: Kensington International Holding Corp (OTC BB:KNSC - news) Related News Categories: internet -------------------------------------------------------------------------------- Help -------------------------------------------------------------------------------- Copyright © 1999 PRNewswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. See our Important Disclaimers and Legal Information. Questions or Comments?