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Technology Stocks : STAR Telecommunications (STRX) -- Ignore unavailable to you. Want to Upgrade?

To: JayPC who wrote (648)	8/10/1999 11:12:00 AM
From: JayPC	Respond to of 780

STAR Telecom Germany Announces New Retail Program; Company Completes Rollout of German Switching Network SANTA BARBARA, Calif., Aug 10, 1999 (BUSINESS WIRE via COMTEX) -- STARTelecommunications Deutschland GmbH, a subsidiary of STAR Telecommunications, Inc. (Nasdaq:STRX), today announced the launch of a new German retail program, aimed at providing a comprehensive set of telecommunications services to businesses. Additionally, STAR Germany today announced that it has completed the rollout of its switching network. The Company now has eight operational switching centers in Berlin, Dusseldorf, Frankfurt, Hamburg, Hannover, Munich, Nurnberg and Stuttgart. STAR is now offering a combination of local, national and international telecommunications services including dial-up Internet services to business customers in Germany. "We have successfully executed our strategy to roll out commercial services throughout Germany," said Chris Edgecomb, Chairman and CEO of STAR. "Over the past year and a half, we have made several important moves to further our development in Germany. First, we signed an interconnection agreement with Deutsche Telekom, allowing us to offer presubscribed, casual access and local services. Second, we activated switching centers in four of Germany's major metropolitan centers. Then we began to offer unbundled local loop access with number portability and 0800 services. With the launch of our Internet services and completion of four new switching centers, we are now positioned to offer a full range of services to our business customers." About STAR Telecommunications STAR Telecommunications provides global telecommunications services to consumers, long distance carriers, multinational corporations and Internet service providers worldwide. STAR provides international and national long distance services, international private line, prepaid calling cards, dial around services and international toll free services. Visit STAR Telecom at www.startel.com Except for the historical information contained herein, this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. The Company's future actual results could differ materially from the forward-looking statements discussed herein. A list of the factors that could cause actual results to differ materially can be found in the documents the Company files with the SEC, including those contained in STAR's prospectus, and the Form 10-Q for the quarter ended March 31, 1999. Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: STAR Telecommunications Michele Wolf or Ben Helvey, 805/899-1962 Investor Relations or Morgen-Walke Associates Erica Abrams or Alex Wellins, 415/296-7383 WEB PAGE: businesswire.com GEOGRAPHY: CALIFORNIA INTERNATIONAL EUROPE INDUSTRY CODE: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS INTERACTIVE/MULTIMEDIA/INTERNET RETAIL Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.