A Vital Message From the Chairman of Talk Visual Corporation to All Shareholders
MIAMI--(BUSINESS WIRE)--Nov. 9, 1999--(OTC-BB:TVCP). In response to the many calls received by the company at its world headquarters in Miami, Florida, TALK VISUAL CORPORATION Chairman Michael J. Zwebner, makes the following announcement to shareholders:
"Over the past few days, our company's staff and I have received many calls from shareholders and from the public at large concerning our company. I feel that it is my duty to address you on several issues relating to the company.
In the first instance, for those of you not fully informed as to the business we are in, let me state that Talk Visual is today one of the leading new companies offering real-time audio/visual videocalling services - live to the general public at the retail level. Our company has in the past year and a half achieved outstanding success in the following important areas.
RETAIL LOCATIONS
We have built top-of-the-line high-tech Videocalling Centers in key cities around the world. These cities include Miami, San Francisco, Boston, Sacramento, Los Angeles, Toronto, Montreal, two locations in London, Tel Aviv, and Manila. We also have agreements for joint ventures and partnerships in New York, New Jersey, Puerto Rico, Dominican Republic, Mexico, Venezuela and Brazil. We have agreements in place and units installed in the Hyatt Hotel in Hong Kong. We currently have contracts out for additional new locations in the United Kingdom, Ireland, Ecuador, Colombia, Costa Rica, Chile, and Argentina.
Furthermore, the company is in negotiations with entities in India, Pakistan, South Africa, Russia, Poland, Czech Republic, Greece, Turkey, Italy, Spain, Morocco, Tunisia, Jordan, and Egypt for the development of Videocalling Centers.
PUBLICITY
Following the initial build-out period, Talk Visual Corporation has commenced to advertise and promote the videocalling concept. The company and its services have been written up in numerous major newspapers, including The Miami Herald, El Nuevo Herald, The Sacramento Bee, The Philippine News, The Jerusalem Post-Israel, and The Daily Express and The London Times in the United Kingdom, to mention just a few. In addition, the company has enjoyed major TV coverage on CBS news, Channel 4, Channel 10 Miami, New England Cable TV News, Univision TV, and on a multitude of radio stations.
WORLDWIDE ADVERTISING AND PUBLICITY
Talk Visual has now embarked on a major global market education program. This program will distribute over 10 million brochure inserts through newspapers and magazines in all of the major cities around the world in which there is located a Videocall Center. The first traunch of over 120,000 Spanish language brochures were distributed via the Nuevo Herald in Miami, Florida. The ongoing program calls for the distribution of such multi-language brochures in all the cities around the world in which the company operates.
VISUAL CASTING
Talk Visual Corporation recently launched a new and exciting world exclusive Visual Casting business in association with a major Hollywood film company. The program was launched on November 7th, and became an instant success. The company will shortly announce a new contract to further expand the Visual Casting Business on a worldwide basis. The program entails a global talent search involving hundreds of casting agents and other associated organizations.
The company plans to extend the Visual Casting concept to other industries, such as employment agencies, international conference organizations, and international governmental bodies such as the EEC, NATO and others.
THE US MILITARY
Talk Visual is currently in negotiations with the U.S. government for the deployment of videocalling systems in U.S. Army, Air Force and Navy bases around the world for the purpose of enabling U.S. Servicemen and women to videocall home. The company plans to launch an initial pilot program in select overseas bases to commence in the early part of the new year.
NEW BUSINESS CUSTOMERS
Talk Visual will shortly announce a major development in a joint marketing program to offer Videocalling Systems to businesses in North America, Canada as well as several overseas countries. The company will be partnering with a major videocall equipment supplier, a U.S.-based telecommunications giant and a major leasing company to offer the latest videoconferencing systems - to be delivered and installed with a modest $500 down payment. The company expects to market several thousand systems in the coming months of operation.
VIDEOCALLS AND TELEPHONY OVER IP
Talk Visual has made very significant progress in association with CISCO, UUNET, TELIA-SWEDTEL and CABLE AND WIRELESS in developing real- time Video-over-IP. To date, the company linked its Sacramento CA location and the Miami Florida location into its developing Virtual Private Network (VPN). The company plans to link Boston, Montreal, Toronto, Los Angeles and London, as well as several countries throughout Latin America, by January 2000. The development of Video-over-IP is the most significant aspect of the company's future, as it will enable the company to offer the public the world over the ability to videocall anywhere at anytime for only $1.00 (U.S.D.) per minute. Furthermore, the work that is currently underway in Brussels Belgium, and the development of our voice-over-IP methodology between our stores, will create a vibrant, low-cost voice product to generate significant bottom-line revenue for the company. And, quite simply, that's our goal.
IN SHORT, Talk Visual is a leader in the explosive growth of VideoTelephony in every country in which the company has operations.
We all look forward to the future with you, and welcome your continuing input and support. Better yet, we hereby extend an open invitation to welcome you into any of our retail locations for a live videocall to meet with you in person and answer any further questions you may have."
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. |
