To: Jim Bishop who wrote (18292 ) 12/29/1999 3:05:00 PM From: Jim Bishop Respond to of 150070
PRMC she took a day off yesterday, then news today :-)))) YUBA CITY, Calif.--(BUSINESS WIRE)--Dec. 29, 1999--Prime Companies, Inc. (OTCBB:PRMC - news) Acquires Marathon Telecom a Sacramento, California interconnect company. After successfully negotiating an agreement Prime Companies, Inc. is happy to have Marathon Telecom join its subsidiary family of telecommunication service providers. About MARATHON TELECOM.: Marathon Telecom is a California company whose charter is to market, install and maintain business telephone systems in Northern California. Marathon has been in operation since 1990 and is proud of its large satisfied customer base. Marathon services most manufacturers communication products but markets Samsung products exclusively. MARATHON TELECOM is a wholly owned subsidiary of PRIME COMPANIES INC. About Prime Companies, Inc.: Prime Companies, Inc., through its wholly owned subsidiaries currently provides telecommunications services to both commercial and consumer customers throughout the U.S., with its primary focus on the California market. The services offered include prepaid telecommunications, interconnect, paging and voicemail services. The Company intends to provide LMDS (Local Multi-point Distribution Systems) to various markets. LMDS is the broadband wireless technology used to deliver voice, data, internet and video services in the 28 GHz and higher Spectrum. Statements in this news release that relate to future plans, financial results or projections, events or performance are forward-looking statements with the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinions. Contact: Prime Companies, Inc. Norbert J. Lima, 530/755-3580