To: Sigmund who wrote (10095 ) 8/11/1999 9:41:00 AM From: Major Tom Respond to of 10343
NEWS FINALLY: Related Quotes INFE 0 +0 delayed 20 mins - disclaimer Wednesday August 11, 9:15 am Eastern Time Company Press Release SOURCE: Infocall Communications Corp. Infocall Announces Plans to Acquire Over $21 Million in New Revenue; Company Plans to Complete Audits and Become Fully Reporting TYSONS CORNER, Va., Aug. 11 /PRNewswire/ -- Infocall Communications Corp. (OTC Bulletin Board: INFE - news), an emerging leader in Internet-based Technology Staffing and Employee Leasing services, today announced it plans to acquire over twenty-one million in new revenue and complete its requirements to become fully reporting by the end of the year. According to Infocall's CEO, Tom Richfield, ''We have reached agreements in principle to acquire what we consider to be a strong base of operations and set the stage for immediate internal growth and additional acquisitions in the year 2000.'' Included in the acquisitions is a staff leasing company which Infocall plans on utilizing as its ''backroom'' operations headquarters. According to the Company, it is strategically located within the region, has a strong management team and the computer systems and capacity to handle the anticipated expansion of the Company in the foreseeable future. The Company is actively pursuing relationships with investment banking firms to raise acquisition capital and expects to increase its financing capabilities over the next month. The Company is also planning to accelerate the completion of its audit process and become fully reporting as soon as possible. For more information on Infocall, call 703-734-5650 or visit the company's web sites at www.infocall.com and www.itcareernet.com. This press release contains statements of a forward looking nature regarding future events. These statements are only predictions and actual events may differ materially. SOURCE: Infocall Communications Corp. -------------------------------------------------------------------------------- More Quotes and News: Infocall Communications Corp (OTC BB:INFE - news) Related News Categories: computers, internet