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Technology Stocks : Crys*Tel Telecommunications.com, Inc. (CYSS) -- Ignore unavailable to you. Want to Upgrade?

To: Frank Walker who wrote (321)	11/1/1999 7:57:00 PM
From: Chief	Read Replies (2) \| Respond to of 338

ILikeGorillas, Certainly one must be at least willing to consider your scenario re: CYSSE. However, there just might be another set of reasons as to to why the common stock has suffered such a setback. Review the following release and please comment !! At this point, I am proceeding with an open mind. November 01, 1999 13:41 Crys-Tel Announces Resignation of Officer and New Listing Medium SAN DIEGO--(BUSINESS WIRE)--Nov. 1, 1999--Crys-Tel Telecommunications.com Inc. (OTCBB:CYSSE) had previously announced on Oct. 6, 1999 that it had satisfied the current OTCBB listing requirements. Crys-Tel Telecommunications.com was required to comply with the new Eligibility Rule for securities quoted on the OTCBB by Nov. 3, 1999. The Eligibility Rule requires that the company file a registration statement with the Securities and Exchange Commission (SEC) under the Securities Exchange Act of 1934 and clear all SEC comments by Nov. 3, 1999. The Eligibility Rule also provided for a 30-day grace period under which the company would receive a modifier affixed to its symbol, CYSSE. Although the company filed its registration statement on Form 10-SB with the SEC, the registration statement will not have cleared comments from the SEC prior to the Nov. 3, 1999 deadline. Consequently, the company's common stock will be temporarily delisted from the OTCBB exchange. Crys-Tel's stock will be traded on the Pink Sheets under CYSS, subsequent to Nov. 3, 1999. Management believes that the company's common stock will be relisted on the OTCBB exchange within a short period of time after its registration statement has cleared comments from the SEC. As a result of these events, the company has asked for and received the resignation of its chief financial officer, Randall A. Jones. Jones is believed to be pursuing other business opportunities. This unfortunate circumstance, which in no way has diverted the company's attention from its business plan, has caused a temporary listing problem for Crys-Tel's common stock. The company remains strongly focused on its business model of becoming a leader as an international facilities-based carrier, utilizing the Internet to provide economical international telecommunications services, while operating both as a wholesale carrier for international long distance resellers and as a retail carrier servicing its own network. Crys-Tel's network will combine advanced engineering and systems integration to ensure a high quality of service (QOS) is achieved. Crys-Tel is acting on the present convergence of technology that economically bypasses large portions of the Public Switched Telecommunication Networks (PSTN) through its development of a worldwide "state of the art" network that offers significant advantages to IP telephony carriers and resellers. Crys-Tel is also actively involved in the establishment of international joint ventures and supplier relationships, which enables the company to expand while ensuring performance and quality is maintained. About Crys-Tel Telecommunications.com Inc. Crys-Tel Telecommunications.com Inc., based in San Diego, is a facilities-based international carrier utilizing the Internet to provide economical international telecommunications services. The company operates both as a wholesale carrier for international long distance resellers and as a retail carrier, servicing its own network and marketing the use of its network to consumers in designated areas. Crys-Tel combines advanced engineering and system integration along with the high resiliency of gateway solutions to ensure users high quality services over the Crys-Tel Network. This release is intended as a forward-looking statement within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance, development and results of the company's business include, but are not limited to (i) The ability to develop and build its global telephony network (ii) Unexpected changes in the worldwide telephony market, (iii) The success of the company's global expansion and marketing strategies associated with this global expansion, (iv) Competition with conventional telecommunication systems and other VOIP Telecommunications providers, (v) The ability of the company to motivate and retain the services of its key personnel and hire additional qualified personnel to meet its global staffing needs and (vi) unexpected challenges to the patents and its other technologies. CONTACT: Rubicon Investor Relations Terry Senizaiz, 888/353-9315 or 949/252-9315 E-mail: info@rubiconir.com www.rubiconir.com EOM Warm Regards, Chief