To: BarbaraT who wrote (69918 ) 2/1/2000 2:44:00 PM From: Towntarget Read Replies (1) | Respond to of 108040
UTCC Ameri-First Securities Initiates Coverage of Ursus Telecom, AMFR.OB><UTCC.O> Ameri-First Securities Initiates Coverage of Ursus Telecom, Inc. NEW YORK, Feb. 1 /PRNewswire/ -- The following is being issued by Ameri-First Securities (OTC Bulletin Board: AMFR), a member of the National Association of Securities Dealers, CRD number 45289. Ameri-First Securities noted that Ursus Telecom, Inc. (Nasdaq: UTCC) is definitively undervalued in terms of its sector. In anticipation of Ursus Telecom's co-branded sites with dominant international web partners, X-streme Network and Yupi.com, the world's largest Spanish language portal going live, Ameri-First has initiated coverage on Ursus Telecom, Inc. Ameri-First expects to issue a report on Ursus with a positive rating some time this week. About Ursus Telecom Ursus Telecom Corporation is a global facilities-based telecommunications company that provides international services, including long distance, direct-dial, value-added and Internet-based services to more than 100,000 customers -- individuals, businesses and carriers -- worldwide. The Company operates directly and through a network of agents on five continents and over 45 countries that account for more than 80% of the World's international traffic. Ursus Telecom operates switching facilities and points of presence in Sunrise, Florida, Frankfurt, Lima, Buenos Aires, Johannesburg and Tokyo. Ursus Telecom is the source of theSTREAM.com. Ursus Telecom Home Page ursustel.net Certain information included in this communication contains statements that are forward looking, such as statements relating to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. SOURCE Ameri-First Securities -0- 02/01/2000 /CONTACT: Billy Cogdell Bowden, Director of Institutional Sales, or Jerrod Dawson, Senior Equity Analyst, both of Ameri-First Securities, 214-599-9050/ /Web site: ursustel.net -- DATU039 -- 9396 02/01/2000 11:40 EST prnewswire.com Copyright PR Newswire 1998. All rights reserved.