Good morning Fred - a review of the PR's addressing My PhotoCard is a good start in determining where TSIG is at with the My PhotoCard Program:
As recently as July 8, 1999 with the 4-H PR, and several PR's before that, TSIG stated:
"Recently, TSIG.com introduced its myPhotoCard program to provide low-cost film processing and Kodak film."
fast.quote.com ==================================================================== Prior to that on February 17, 1999 - TSIG announced a deal with Lifetime Learning Systems for Fund-Raising Programs in Over 100,000 Schools. Both the My MusicCard and My PhotoCard were presented as two exclusive programs. There was a follow-up PR regarding Lifetime Learning on May 19,1999 that addressed progress on the My MusicCard program.
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"TeleServices International Strikes Deal With Lifetime Learning Systems For Multi-Million Dollar Fund-Raising Programs in Over 100,000 Schools
PR Newswire, Thursday, February 25, 1999 at 09:19
ST. PETERSBURG, Fla., Feb. 25 /PRNewswire/ -- TeleServices International Group Inc. (BB: TSIG), today announced the completion of two agreements with Lifetime Learning Systems ("Lifetime Learning") of Stamford, Conn., for nationwide in-school fund-raising programs for TSIG's My PhotoCard and My MusicCard programs. Under the agreements, the schools will be conducting fund-raising programs using My PhotoCard for Kodak film and film processing services, and My MusicCard for CDs, DVDs and cassettes. Both programs will benefit the participating schools and the National Music Foundation, as well as TSIG. In the My PhotoCard program, Lifetime Learning will create, produce and distribute fundraising kits for implementation at more than 48,510 elementary schools nationwide. In the My MusicCard program, Lifetime Learning will generate and distribute fund-raising kits to more than 53,725 middle and senior high schools. Both programs are exclusive and will be available to 50,000,000 students. Robert Gordon, Chairman of TeleServices, stated: "Lifetime Learning Systems is a stellar organization, with almost unique access to the schools. Children in schools and their parents represent two of the major markets for music CDs, and for film and film processing. These programs should be a big hit for the schools, the National Music Foundation, and for TSIG. We anticipate that the schools and the National Music Foundation will be able to raise tens of millions of dollars for their programs. TSIG's goal is to sell at least 7,000,000 cards and to generate in excess of $200,000,000 in revenues with substantial profits from the sale of the cards, film, film processing, and recorded music from these programs." Added James Guild, TSIG President, "These agreements with Lifetime Learning Systems open up an enormous audience for TSIG and give us access to virtually every public and private elementary school, middle school, and high school in the United States. In an era where school budgets and funding are being cut, TSIG is proud to offer teachers and schools innovative fund-raising programs which will enable the schools to raise many millions of dollars to enhance their budgets and curriculum." Lifetime Learning Systems, a subsidiary of Primedia, Inc. (NYSE:PRM), is the nation's recognized leader in the creation and dissemination of corporate-sponsored educational materials. Since 1978, Lifetime Learning has created over 1,000 educational programs for more than 350 leading corporations, including American Express, AT&T, Coca-Cola, Delta Air Lines, Kodak, General Mills, GM, Hershey, McDonald's, Microsoft, Nabisco, Pepsi, PolyGram Records, Sears, Sony, TI, and Walt Disney. Lifetime Learning works with almost every school in the country, from day care through college, and has over 2.2 million teachers and administrators in its database of the schools where their programs are used consistently. TeleServices International Group Inc. operates three Divisions. The Online Services Division is a leading provider of web and e-commerce products and services for businesses. The Products and Services Division forms revenue-sharing partnerships with corporations and not-for-profit organizations to raise funds with its My Card programs for the retail sale of music CDs, Kodak film and film processing, and a rapidly expanding array of other products. The TeleServices Division supports the other two divisions and its own corporate customers through its state-of-the-art call center, which provides fully integrated global teleservices to companies selling products and services through toll-free numbers and the Internet. For further information, contact TeleServices at info@tsig.com.
For more information, please contact: Paul Henry, TeleServices International Group Inc., 727-897-4000
This press release contains "forward-looking statements" within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of such factors as (1) competition in the markets for outsourced teleservices, for film and film processing, and for retail compact discs, (2) the ability of TSIG and Lifetime Learning Systems to execute their plans, (3)the availability of financing at favorable terms, and (4) other factors detailed in the Company's public filings with the SEC."
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Prior to that on February 17, 1999 - TSIG announced that it was launching Film Processing over the internet.
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fast.quote.com
TeleServices International Group Launches Film Processing Program Over the Internet
BusinessWire, Wednesday, February 17, 1999 at 12:49
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Feb. 17, 1999-- TeleServices International Group Inc. (OTC BB:TSIG), a provider of outsourced teleservices and music CDs through the Internet, today announced that it plans to enter into the multi-billion photo finishing business through its call center and the Internet. Through its Products and Services Division, TSIG plans to launch an aggressive marketing campaign that will offer its photo processing customers quality Kodak paper and chemistry at discount prices, as well as substantial savings on purchases of Kodak film. The Internet Division of TeleServices will be constructing an online photo-finishing web site, which will offer aggressive pricing on Kodak film as well as 12, 24 and 36 exposure film developing, 15, 25 and 40 exposure APS developing, digital imaging, scan services, slide processing, enlargements, and more. Robert Gordon, Chairman of TeleServices stated: "We are excited about launching our unique film processing program through the Internet. We expect this program to prove a real boon to consumers in terms of both price and service." He went on to add, "By combining quality Kodak products, competitive pricing, and the convenience of home delivery, we hope to become the dominant Internet player in this area." TeleServices International Group, Inc. is a provider of fully integrated global teleservices to companies focused on selling products and services through toll-free numbers and the Internet. Visit TeleServices web site at stockprofiles.com, or e-mail info@tsig.com.
This press release contains "forward-looking statements" within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of such factors as competition in the market for photo processing, the ability of the Company to execute its plans, the availability of financing at favorable terms, and other factors detailed in the Company's public filings with the SEC.
CONTACT: TeleServices International Group, Inc., St. Petersburg Paul Henry, 727/897-4000 or VistaQuest Financial Public Relations, New York Mark Kabbash, President 212/551-7874
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Regards,
Phil |