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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Jim B who wrote (15007)9/2/1999 9:46:00 AM
From: Israel  Read Replies (3) | Respond to of 108040
 
TVCP doing well this am on news with CSCO PLCM and WCOM

World Exclusive: Talk Visual Perfects IP Videocalls Over The Internet
Business Wire - September 02, 1999 06:05
MIAMI, Florida--(BUSINESS WIRE)--Sept. 2, 1999--(OTC-BB: TVCP). TALK VISUAL CORPORATION Vice-President of Internetworks Vincent A. Lee announced today that the company, working together with technical support and engineering personnel at Cisco Systems (CSCO), Polycom Corporation (PLCM), UUNet - MCI/Worldcom (WCOM) and Telia-Swedtel (the Swedish PTT), have successfully conducted full-motion superior quality videocalls over the Internet from company locations in Sacramento California to Miami Florida. The full-motion videocalls were conducted using bandwidths between 400 and 768 KBPS.

"The quality of the pictures is the best I've ever seen," said Mr. Lee. "It's indistinguishable from television."

The company retail videocalling centres in Sacramento and Miami are amongst the current constellation of over 20 locations worldwide from which videocalls can be launched and received. The company is in negotiations to open another 200 locations during the next three months. The retail videocalling centres are being connected to Internet backbone service providers via T-1 connections.

Commenting on this major achievement for the company, Chairman Michael J. Zwebner said "This is the type of excellent, high-tech work our company can deliver. We believe we rank as the world leader in commercializing the Internet for retail videocalling not only from point-to-point within the United States, but also on a global basis. This is, without doubt, the most exciting technical development in the history of our company. It will enable us to connect videocalls for our customers at lower costs, and with better quality."

President and Chief Executive Officer Eugene A. Rosov, currently at the company's Israel retail location in Tel Aviv, commented that "because the company controls all parts and pieces of videocalling service delivery - from reservations to network, to retail locations and financial settlement - Talk Visual Corporation is indeed the world leader in this field. Up until now, we believed we were at least 18 months ahead of any potential competitor. This new and impressively unique achievement by Vinny Lee and his team allows the company at least one additional year to gain market hegemony in the industry."

The company continues to expand its global network, with new locations coming on-line continuously. "We are negotiating in many overseas markets, and aggressively seeking qualified and capable retail partners throughout the world" said Mr. Rosov. "Our activities in Israel serve as a jumping-off point for setting up partnership videocalling locations in Gaza, Roumania, Thailand, Belgium, India, Pakistan and Cyprus. We anticipate locations in these areas coming on-line in the very near future."

A list of all the company's videocalling shops is available on the company's website at www.talkvisual.com. The site describes continuing international operations and also allows visitors to order a regular monthly mailing of the company's impressive full-color newspaper. The third edition of the newspaper is now available.

Talk Visual Corporation (OTC-BB: TVCP) is a pioneer in the video teleconferencing and video e-mail industry. It is developing thousands of globally distributed retail facilities to accommodate the growing video-communications needs of two key market segments: businesses and expatriate ethnic populations. Talk Visual can be reached toll-free at 1-877-22VIDEO within the United States, or at 305 572-0575 from abroad.

Except for historical information contained herein, the statements in this release (including without limitation, statements indicating that the company "expects," "estimates," "anticipates," or "believes" and all other statements concerning future financial results, product offerings or other events that have not yet occurred) are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Additional information on these and other factors are included in the company's Form 10-KSB for the Fiscal Year ended Dec. 31, 1998, as filed with the Securities and Exchange Commission.

CONTACT: Talk Visual Corporation
Eugene A. Rosov (305) 572-0575
erosov@ibm.net

Israel