To: johnsto1 who wrote (66060 ) 1/24/2000 10:27:00 AM From: marquis103 Respond to of 108040
PTEK. This should give us a big boost. Russ Monday January 24, 9:44 am Eastern Time Company Press Release Premiere Technologies Expects Strong Fourth Quarter EBITDA Ahead of Analysts' Expectations; Revenue in Line With Consensus ATLANTA--(BUSINESS WIRE)--Jan. 24, 2000-- Premiere Technologies, Inc. (NASDAQ: PTEK - news; www.ptek.com) today announced that it expects the Company's fourth quarter financial results to substantially exceed published analysts' expectations for EBITDA and to be in line with analysts' revenue expectations. ''When we release earnings in February, we expect to report a strong financial performance for our fourth quarter,'' said Patrick G. Jones, Premiere Technologies' Executive Vice President and Chief Financial Officer. ''Our decentralization strategy has already begun to lower our corporate overhead, which will be reflected in our fourth quarter results. We believe that Premiere is well positioned for 2000.'' The Company will release its financials on February 29, 2000 after the close of the markets and will hold a conference call the same day at 5 PM EST. To listen to the call or submit questions on line during the call, visit www.vcall.com. About Premiere Technologies Premiere Technologies, Inc. (NASDAQ: PTEK - news) is a holding company of leading Internet-based and telephony-based business-to-business service providers. Premiere operating companies include Premiere Conferencing, Premiere Document Distribution, and Premiere Messaging. The Company's PTEKVentures.com investment arm has ownership interests in Healtheon/WebMD(NASDAQ: HLTH - news), S1 Corporation (NASDAQ: SONE - news), USA.NET, Webforia, and Derivion. The Company leverages its PTEKVentures investments to provide additional distribution channels for its various service offerings.