To: LANCE B who wrote (2084 ) 12/13/1999 3:28:00 PM From: 2MAR$ Read Replies (2) | Respond to of 4792
(BSNS WIRE) Talk Visual to Market Bell South's Prepaid Cellular Telephon Talk Visual to Market Bell South's Prepaid Cellular Telephones in Florida MIAMI--(BUSINESS WIRE)--Dec. 13, 1999--(NASD OTC/BB symbol TVCP) Talk Visual company Chairman Michael J Zwebner announced today that the company will commence the marketing and distribution of Bell South's Prepaid Cellular Telephones in Florida. Sales will be generated from the company's retail locations as well as over the Internet as a further expansion of the company's E-Commerce program. A special web site has been set up for the marketing of the prepaid product online. WWW.PREPAIDTELEPHONES.COM It is currently under construction until official launch. Michael Zwebner company chairman stated "The addition of Bell South's Prepaid Cellular Telephones to our growing list of retail products and services, is a further step to enhancing the range of telecommunications products offered in our retail stores, and will continue to establish the company's retail sector as full service telecommunications centers. There is a growing demand for the Prepaid Cellular Telephone product in the marketplace and we intend to be there to supply it." The prepaid cellular phone industry is burgeoning for several reasons. First, depending on the particular market sector, upwards of 65% of prospective cellular subscribers do not qualify for service due to present or past credit problems. In addition, the prepaid cellular service enables private individuals and businesses to more effectively control their cellular telephone charges. According to market analysts in the United States today, there are currently estimated to be some 55 million cellular users, and by the year 2002, this number is expected to double. The Bell South prepaid cellular telephone has the following unique features. It requires NO credit approval, NO deposits, NO long term contracts and NO bills, and provides total anonymity and privacy to the consumer. The customer receives $30 worth of air time FREE upon purchase of the product, which the company is selling for $99 retail. The actual cellular phone is manufactured by Audiovox, and comes complete with battery, and charger all contained in a smart retail box which includes usage instructions. When the air time is used up the customer returns to the store (or by E-Commerce) and purchases additional air time which will be sold in the form of an "air time card", in increments ranging from $10 to $100. "It is this aspect of the product and it's sale that interests us the most. The return of the customer to our stores again and again. We then identify with the customer and have ongoing opportunities to offer additional products and services." Said Mr Zwebner. The company continues to sell pagers from its unique web site WWW.BEEPERFORABUCK.COM OTHER COMPANY RETAIL CENTERS In a recent press release, the company announced the signing of a letter of intent to acquire 49 retail telecommunications stores some of which are located in the Miami and Southern Florida area. The company intends to expand its sales of the Bell South's Prepaid Cellular Telephones from these locations. $52 MILLION PROPOSED JOINT VENTURE PLAN In addition, the company also recently announced a $52 million Joint Venture plan in conjunction with Universal Express Inc, (USXP) to set up and operate "Visual Express" a program to offer videocalling and telecommunications products and services via their franchised outlets throughout the USA. Further details regarding these and other plans will be announced at the forthcoming press conference scheduled for Thursday December 16th to be held in New York City NY. Talk Visual Corporation (OTC BB:TVCP) is a pioneer in the video teleconferencing and video e-mail industry. It is continuing to develop 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. 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 fourth year-end edition of the newspaper will shortly be available. Except for historical information contained herein, the statements in this release (including without limitation, statements indicating that the company "expects," "estimates," "anticipates," or "believes" and all other statements concerning future financial results, product offerings or other events that have not yet occurred) are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Additional information on these and other factors are included in the company's Form 10-KSB for the Fiscal Year ended Dec. 31, 1998, as filed with the Securities and Exchange Commission. --30--dp/bos* CONTACT: Talk Visual Corporation Jeanette Vega, 305/572-0575 KEYWORD: FLORIDA NEW YORK INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS TELECOMMUNICATIONS E-COMMERCE RETAIL INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story ***