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Microcap & Penny Stocks : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Ben Kreischer who wrote (10251)	11/10/1999 7:21:00 PM
From: bob sims	Respond to of 10343

INFe.com Signs Consulting Agreement with DataMEG Corporation; DataMEG Corporation Develops High-Speed Data Transmission Processor PR Newswire - November 10, 1999 09:12 TYSONS CORNER, Va., Nov. 10 /PRNewswire/ -- INFe.com (OTC Bulletin Board: INFE) an Internet infrastructure company, today announced a consulting contract with DataMEG Corporation, a Washington, D.C. area telecommunications development company, to strategically position DataMEG to become a publicly traded company. DataMEG Corporation has developed a proprietary technology, the Communications Acceleration System (CAS), which processes data over Plain Old Telephone Systems (POTS) at transmission speeds well in excess of other conventional data transmission technologies. "This is an important step in the evolution and execution of our strategic business plan," states Andrew Benson, President of DataMEG Corporation. "We are at the stage in the development of CAS where additional engineering resources are required. We anticipate that our CAS products will be ready for sale and purchase in the marketplace in 2000. In order to achieve that mandate we will require capital, and we have retained the services of INFe.com to assist in this process." "According to our preliminary technology evaluation, it appears that DataMEG has one of the most exciting technology breakthroughs in high-speed data transmission. Their CAS technology may change internet access and the data transmission industry forever," said Thomas Richfield, President and Chief Executive Officer of INFe.com. "We are very pleased that they have chosen our Company to assist them in building their infrastructure." INFe.com's contract with DataMEG, in addition to their search for capital, calls for INFe.com to acquire a 3% equity stake in DataMEG as well as additional stock options and assist DataMEG in recruiting technology personnel and provide Human Resource management services through INFe.com's Professional Employer Organization (PEO) and Staffing divisions. INFe.com plans to make additional information available as they reach successful milestones with DataMEG Corporation. Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. Infocall Communications Corp. and INFe.com disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies. SOURCE INFe.com /CONTACT: Douglas Larkin of INFe.com, 703-734-5650, or dlarkin@infe.com/ /Web site: infe.com