To: Kimberly Lee who wrote (14502 ) 8/25/1999 2:01:00 PM From: LANCE B Respond to of 108040
TXCI-BOUGHT WHILE WE WERE IN THE DARK (BSNS WIRE) TotalAxcess.com, Inc. Secures $28 Million in Retail Sales; A TotalAxcess.com, Inc. Secures $28 Million in Retail Sales; Another Multi-Million Dollar Order For TXCI Business Editors/High Tech Writers Telecom Business NY 99 OAKLAND, Calif.--(BUSINESS WIRE)--Aug. 25, 1999--TotalAxcess.com, Inc. (OTC BB:TXCI), announced today at the Telecom Business '99 Expo in New York City, that it will continue to provide the telecommunication service for the highly popular "America Calling The World" pre-paid phone card distributed by Blackstone Pre-paid Products nationwide. Offering worldwide access for more than four years, this leading pre-paid product features competitive pricing for calls made to Cuba, Columbia, Brazil and other Latin American markets. The Company stated that Blackstone distribution plans anticipate that approximately 2.5 million "America Calling The World" pre-paid phone cards, with an estimated retail value in excess of $28 million, will reach distribution outlets within 120 days. According to TotalAxcess.com President and Chairman Joseph Monterosso, "We are gratified that our telecommunication backbone will continue to support a core product, one that has proven to be extremely marketable and highly successful for Blackstone. This distribution brings the Company right in line with our goal of supporting 100 million monthly minutes on the Company's upgraded debit platforms in our new Los Angeles switching facility." The Company reported on March 19 their initial order from Blackstone Pre-paid Products worth approximately $8.4 million in retail sales. As an Oakland-based telecommunications and internet marketing company, TotalAxcess.com has been in operation for more than 14 years specializing in pre-paid telecommunication, one-plus long distance and telephonic and internet based lottery participation. The Company officially changed its name from Group V Corporation to TotalAxcess.com on May 17th, reflecting the Company's progression and focus into Internet marketing and E-commerce to promote and market its pre-paid telecommunications products and services, including the innovative HitLoTTo(R) Club Card. Blackstone Pre-paid Products is a privately held Miami-based corporation, owned and operated by Luis Arias, engaged in the manufacture and distribution of pre-paid calling cards. 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. --30--eb/sf* CONTACT: TotalAxcess.com, Inc. John Steward, 510/286-8700 KEYWORD: CALIFORNIA INTERNATIONAL LATIN AMERICA NEW YORK INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS