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Technology Stocks : eLec Communications Corp. (ELEC) -- Ignore unavailable to you. Want to Upgrade?

To: GARY P GROBBEL who wrote (230)	1/26/2000 11:53:00 AM
From: rod runyan	Respond to of 330

Good news-slightly dated, but not posted here. biz.yahoo.com Here is a snip: << "NORWALK, Conn.--(BUSINESS WIRE)--Jan. 24, 2000-- eLEC Communications Corp. (NASDAQ:ELEC - news) announced today the acquisition of Telecarrier Services, Inc., a competitive local exchange carrier (''CLEC'') that provides local exchange services in four states and long distance service in 13 states. The acquisition increases to 14 the total number of states in which eLEC operates. Telecarrier has approximately 4,000 lines in service, with approximately 50% of those lines providing local services. eLEC plans to convert Telecarrier's resale lines in New York and Massachusetts to eLEC's Unbundled Network Elements Platform (''UNE-P'') based leased network. >> This company just keeps expanding. rod

To: GARY P GROBBEL who wrote (230)	1/28/2000 11:31:00 AM
From: OFW	Read Replies (1) \| Respond to of 330

NORWALK, Conn.--(BUSINESS WIRE)--January 28, 2000--eLEC Communications Corp. (NASDAQ:ELEC) announced today the release of its interactive yellow page service QuillPages.com. QuillPages provides eLEC's telecommunications and Internet business customers with a highly affordable way of advertising and promoting their businesses on the Internet through a powerful distribution network that links QuillPage's customers' businesses to over 80% of the Internet. In addition, eLEC is finding an unexpected interest in QuillPages as a B2B tool linking manufacturers and wholesalers with their retail distribution networks. Pedro Mata, eLEC's Director of Design, stated, "With no upfront design fee and a minimal recurring charge of $24.95 per month, we can provide our customers with an affordable yet powerful tool to promote their businesses on the Internet. With QuillPage's distribution network, our customers do not have to compete in the hugely expensive portal wars fighting for eyeballs on the Internet. Instead our customers get to ride the wave of the overall growth of the Internet." "In addition to the distribution network," continued Mr. Mata, "we have created a series of tools that further enable our customers. For instance, though free e-mail service is included with a QuillPage, we have also included a fax service that allows our customers to interact with their customers through a simple click and fax service. In this way, our customers can be transacting business on the Internet through their fax machines, without even having to own a computer." Paul Riss, eLEC's CEO, stated, "We believe that QuillPages will provide our CLECs with a invaluable service with which they can promote our core telecommunications business. Our long term vision at eLEC is to be a single point of service for all our customer's communications needs. It is undeniable that the Internet should be an integral part of any companies communications requirements and with QuillPages we provide our customers an "e" YellowPage from their "e" LEC (Local Exchange Carrier)." "In addition to that value to our telecommunications and ISP customers, we originally intended," continued Mr. Riss, "we have found an unanticipated interest from larger manufacturers and wholesalers in the use of a QuillPages as a B2B link with their retail distribution networks. We are currently having preliminary discussions with interested parties and our excited about this B2B potential of QuillPages." Allen Kelly, COO of Crescent, added "After careful review of other competitor's offerings, we have selected eLEC due to eLEC's competitive pricing, unified billing and dedicated customer service. We expect to see a significant reduction in both our cost of local telecommunications service, as well as greatly enhanced efficiencies in internal operations from eLEC's billing and customer service commitments." eLEC Communications Corp. is a publicly traded local telecommunications company that is taking advantage of the convergence of the current and future competitive technological and regulatory developments in the Internet and telecommunications markets. The company provides an integrated suite of communications services to small and medium-sized business customers, including local, long distance, dial-up access, dedicated access, xDSL, and Web site design and hosting. This release contains forward-looking statements that involve risks and uncertainties. The Company's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, availability of management; availability, terms, and deployment of capital; the Company's ability to successfully market its services to current and new customers, generate customer demand for its product and services in the geographical areas in which the Company can operate, access new markets, negotiate and maintain suitable interconnection agreements with the incumbent local exchange carriers, and negotiate and maintain suitable vendor relationships, all in a timely manner, at reasonable cost and on satisfactory terms and conditions, as well as regulatory, legislative and judicial developments that could cause actual results to vary in such forward-looking statements. --30--rc/ny* CONTACT: eLEC Communications Corp. Paul Riss, CEO, 203-750-1000 phriss@elec-corp.com