Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Covad Communications - COVD -- Ignore unavailable to you. Want to Upgrade?

To: Mark Duper who wrote (545)	1/6/2000 10:42:00 AM
From: Mark Duper	Respond to of 10485

USVT Signs Agreement to Remarket Covad Communications DSL 01/06/2000 Business Wire (Copyright (c) 2000, Business Wire) MILL VALLEY, Calif.--(BUSINESS WIRE)--Jan. 6, 2000-- USVT Enters Pact with TelePacific Communications for SDSL Services USV Telemanagement, Inc. ("USVT") (OTCBB:YDSLF), announces it has entered an agreement with TelePacific Communications Inc. of Los Angeles, Calif. to remarket Covad Communications Group, Inc. (Nasdaq:COVD) synchronous digital subscriber line (SDSL) services in the company's major California markets. "TelePacific Communications Inc. is a premier California based Competitive Local Exchange Carrier (CLEC) and we are pleased to announce our relationship with them," says company President Mark Smith. "Our distribution network of Interconnect distributors in California have a pent up demand for these services and we forecast that our revenues on DSL based services for voice and data may exceed revenues for other dedicated services in a very short time frame. With the credibility of Covad provisioned service behind this agreement we will be able to aggressively market a wide range of products and services that DSL facilitates including ISP services." All of the company's DSL offerings are bundled with integrated Internet access. "With this type of agreement we continue to improve the prospects of our going forward strategy for the public holding company to metamorphose into a multifaceted holder of telecommunications and internet assets," states Smith. "We have an opportunity to become a provider of internet content, Web services, and ISP, voice and data services under the umbrella of the public company, perhaps not dissimilar from CMGI, Inc. (Nasdaq:CMGI) in some respects. Most investors are aware of CMGI's history and the transition they made from a marketing entity into an Internet incubator which strategy has resulted in a substantial increase in their shareholder value. Following on their model, assets we may acquire could be synergistic to other owned businesses or may be market opportunity driven, however, any merger, acquisition or disposition would be with shareholder value in mind." ABOUT USV TELEMANAGEMENT INC. USVT, through its wholly-owned subsidiaries, USV Telemanagement, Inc. and USVT.Com Inc., sells telecommunications, data, integrated T-1, Internet, Digital Subscriber Line and other integrated access and broadband services to commercial customers. USV Telemanagement, Inc. is a certified Competitive Local Exchange Carrier in the state of California. USVT's subsidiaries are Integrated Communications Providers (ICP) with more than 1,500 customers and 80 interconnect sales agents in California, Nevada and Oregon which sell their services through telephone equipment sales or "Interconnect" companies. Interconnect companies are unique among telephony distributors as they maintain long term ties to their telephone equipment customers. USVT's subsidiaries sell services under agreements with MCI WorldCom Inc. (Nasdaq:WCOM) and UUNET (an MCI WorldCom company), IXC Communications Inc. (Nasdaq:IIXC), and TelePacific Communications, Inc. under which it to remarkets Covad Communications Group, Inc. (Nasdaq:COVD) SDSL services. The company is audited by KPMG LLP and is registered with the U.S. Securities and Exchange Commission under the 1934 Act. USVT trades on the U.S. Over the Counter Bulletin Board under the symbol "YDSLF" and on the Canadian Venture Exchange (CDNX) under the symbol "UVT". For more information, visit us at invest@usvt.com or www.usvt.com This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Such forward looking statements, particularly as related to the business plans of the Company, expectations of strategic relationships, business opportunities, acquisitions of capital equipment, availability of investment capital and future financing, and the Company's ability to gain market share, are based on current expectations that involve a number of risks and uncertainties. Actual results may differ materially from the Company's expectations and estimates. CONTACT: USV Telemanagement Inc., Mill Valley News Media: Dale Paruk, 877/687-4500 or Investors: Investor Relations, 877/687-4500 10:04 EST JANUARY 6, 2000

To: Mark Duper who wrote (545)	1/6/2000 10:52:00 AM
From: Brian Malloy	Read Replies (2) \| Respond to of 10485

Thanks for the article, nice way to increase sales by 10% or so, thus pushing more to the bottom line and getting the first mover advantage. Just another nail in the Cable boys coffins. Did you see the cable stocks tank yesterday? Analysts are saying the costs of upgrading is too high and their roll out is too slow. I've been thinking, maybe I can get a part time job as an installer for COVD. I understand the installation guys get stock/options (only half kidding). Regards, Regards,