VoiceStream and Talk Visual Sign Distribution Agreement
MIAMI--(BUSINESS WIRE)--Sept. 19, 2000--(OTC-BB:TVCP). TALK VISUAL CORPORATION announced today that it has signed a national product and service distribution agreement with VoiceStream, the major United States GSM provider.
Eugene Rosov, the Company's President and Chief Executive Officer, stated today from Miami, Florida "VoiceStream is one of the world's premier GSM providers, the only national provider in the United States using the global wireless standard (GSM), and one of the fastest-growing companies in the U.S. wireless industry. All of our twenty U.S. locations will now be offering their all-digital service. Their recent merger with Deutsche Telekom, and DT's $5 billion cash infusion, securely underwrites VoiceStream's national presence as the premier GSM provider in the United States."
Andy Cunningham, Talk Visual's Miami Area Manager, commented, "We are very excited about the profit potential from VoiceStream sales. Our locations in New York, New Jersey, Miami, Boston and Providence are beginning an aggressive sales campaign. We believe that we should reach a gross sales level of approximately 5 units daily per each of our twenty locations, representing a revenue stream of about half a million dollars monthly to the Company. This is the goal towards which we're managing our postpaid and prepaid VoiceStream cellular GSM service. Of course, we also hope to roll-out VoiceStream services in Canada."
About VoiceStream
Based in Bellevue, WA, VoiceStream Wireless is a leading provider of wireless communications services in the United States. Nearly three out of every four people in the United States live in areas currently licensed to be served by VoiceStream or its affiliates. VoiceStream is the largest provider of personal communication services using the globally accepted GSM technology in the United States. VoiceStream is a member of the North American GSM Alliance LLC, a group of U.S. and Canadian digital wireless PCS carriers. The GSM Alliance helps provide GSM wireless communications for their customers in more than 5,500 U.S. and Canadian cities and towns as well as international service. Adopted by 149 countries, GSM is the most widely used digital wireless standard in the world with more than 330 million subscribers on six continents, which offers an unprecedented roaming advantage to GSM wireless consumers. VoiceStream has roaming agreements with more than 125 of the major operators worldwide providing service in 55 countries. The VoiceStream web site is located at www.voicestream.com
ABOUT TALK VISUAL CORPORATION
Talk Visual Corporation (OTC-BB: TVCP) is a pioneer in the video teleconferencing industry. It is developing global retail facilities to accommodate the growing video-communications needs of two key market segments: businesses and expatriate ethnic populations. Talk Visual can be reached toll-free at 1-877-22VIDEO within the United States, or at 305 572-0575 from abroad.
A list of Talk Visual's videocalling shops is at www.talkvisual.com. The site allows visitors to order the 4th edition of the company's impressive full-color newspaper. Talk Visual sells pagers at www.beeperforabuck.com. Information on the new Talk Visual TV225 Video-Telephone can be seen on www.thevideotelephone.com. In addition, visitors are directed to visit the company's home page at www.talkvisual.com and click on the FAQ section, and or to read the Chairman's Corner latest bi-weekly message. The Company's new FREE videocalling sign-up website service is available to public videocall rooms, private and public corporations, and individuals worldwide. The service can be accessed at www.videocallme.com.
Statements in this press release which are not historical including statements regarding Talk Visual's or management's intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Such statements include statements regarding the financial security of VoiceStream's national presence, the public acceptance of VoiceStream as a premier GSM provider, the profit potential from VoiceStream products, the Company's ability to launch an aggressive sales campaign, the success of that sales campaign in reaching a gross sales level of 5 units daily from the Company's twenty locations, the ability of the Company to continue its national product and service distribution agreement with VoiceStream and any other related party, other retail operations factors which might influence the sale of VoiceStream products, including local and national competition with the Company's retail store offerings, and the Company's ability to roll-out VoiceStream services in Canada. It is important to note that the Company's actual results could differ materially from those in any forward-looking statements. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. Factors that could cause actual results to differ materially include whether or not the sale of Voicestream products is consistent with the Company's beliefs and projections, whether the sales campaign as proposed will allow the Company to achieve the projected unit sales levels, and other risk factors listed from time to time in the Company's SEC reports, including but not limited to, the annual report on form 10-KSB for the year ended December 31, 1999, and the quarterly report on Form 10-QSB for the quarter ended June 30, 2000. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.
CONTACT: Talk Visual Corporation
Janeth Iglesias-Vega, Investor Relations
305 572-0575
Info@TalkVisual.com |
