To: Stock Watcher who wrote (14413 ) 9/3/1999 5:41:00 PM From: hoffy Read Replies (1) | Respond to of 52051
TXCI Fax blast out today. Not officially released yet. Should be a mover next week. This is still a favorite of mine, short and long term. TOTALAXCESS.COM, INC. POSTS RECORD REVENUE GAINS -TXCI SURPASSES ALL REVENUE EXPECTATIONS Oakland, CA (September 3, 1999): TotalAxcess.com, Inc. (OTC BB:TXCI) Chairman and President Joseph Monterosso verified today that August revenues for pre-paid phone card sales and one-plus long distance billings exceeded $1 million dollars, marking the Company's highest revenue attainment to date. The Company exceeded its August revenue expectation with $1.1 million in sales and verified this reflected a 57% increase over total sales reported for the Company's most successful Q4. According to the Company, highly visible retail sales contracts for pre-paid phone cards and competitive rates for long distance service have been instrumental in guiding the Company towards increasing revenue gains. Mr. Monterosso reflected the Company's satisfaction with their revenue achievement by stating, "TXCI continues to generate sales and revenue based on solid performance and intelligent alliances. Our business has grown with carefully calculated expansion into market segments that we are uniquely qualified to service. Successful sales performance, timely expansion and efficient operational management are key to our goal of fiscal year-end profitability." TotalAxcess.com has reported more than $80 million in retail pre-paid phone card contract sales with leading distributors in the last 90 days. The Company's recent strategic alliances have broadened their international access with network services into highly marketable environments such as Paraguay and Mexico. 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 Club Card. 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.