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Microcap & Penny Stocks : GLTI (Global TeleMedia International Inc.)-fomerly GTMI -- Ignore unavailable to you. Want to Upgrade?


To: SCOOBEY-DO who wrote (606)12/21/2000 1:51:11 PM
From: SCOOBEY-DO  Read Replies (2) | Respond to of 613
 
Global TeleMedia International Receives $1.3 Million First Order For the BentleyTel International Phonecard

NICO TeleCom places its first order for the BentleyTel International Phonecard. The BentleyTel card reaches 227 countries from the USA and can be sent overseas to 107 countries including South America for economical holiday season calling back to the USA

NEWPORT BEACH, Calif., Dec. 21 /PRNewswire/ -- Global TeleMedia International (OTC Bulletin Board: GLTI) announced that the Company had received its first order for $1.3 million of the new BentleyTel International Phonecards to be delivered to NICO TeleCom for distribution to their 50,000+ outlets within the USA.

President Jonathon Bentley-Stevens said, "This is the first order for our new International calling card. NICO TeleCom / Far East Ventures Inc. (OTC Bulletin Board: FEVI) has been a leader in Phonecard sales in the USA since 1995 with current sales of approximately $75 million for 2000 and projected sales of $125 million for 2001.

The cards will be integrated into their outlets and customers will be educated and introduced to the financial services of the BentleyTel Smart-e-Card. The Company does not give credit and therefore the cards must be paid for prior to activation. NICO TeleCom and the Company are also collaborating on collateral material and advertising to promote the new international origination calling capability."

The Company also announced the signing of a new IR-PR firm, Action Stocks, a California based firm. The president, Brent Fouch, a former investment banker brings his market experience and knowledge of promoting and proactive intensive marketing via their web site as well as a Corporate Profile delivered to the investment community, money managers and institutions. The services will include a monthly newsletter to all their clients and GLTI subscribers.

President Brent Fouch said, "With proactive intensive marketing, Action Stocks reaches the entire spectrum of the investment community. From individual investors to money managers and institutions, we provide the necessary resources to attract investors to buy and hold GLTI stock."

President Jonathon Bentley-Stevens added, "This order represents our first delivery of our Cards into the USA. Additionally, we will place an order this week for the first delivery of our Smart-e-Cash machines. We originally anticipated placing 405 machines during 2001, yet this month we have already contracted for 1,600 machines and have had expression of interests from other franchise stores. With these early levels of orders for the Company's products and services, we look forward to a tremendous year 2001."

Management takes this opportunity to wish each and everyone a happy holiday season and our sincere thanks for your loyalty and good will throughout the year.

PR Contact: Action Stocks 1-800-801-5181 or e-mail sales@actionstocks.com.

Global TeleMedia International, Inc.,(www.GTMI.com), located in Newport Beach, California, through its BentleyTel.com subsidiary, (www.bentleytel.com), is a leading developer of Smart-e-Cards(TM), www.smart-e-card.net, interactive software for complex E-commerce solutions, Voice over IP, LAN VPN (Virtual Private Network), ISP, Virtual ISP, GTMI also owns manufacturing, telecom, ISP, and software development facilities in the USA, Australia, Malaysia and the Philippines.

This press release contains forward-looking statements. All such statements involve risks and uncertainties, including, without limitation, the risks detailed in Global TeleMedia's filings and reports with the Securities and Exchange Commission. Such statements are only predictions and actual events or results may differ materially.

SOURCE Global TeleMedia International

/CONTACT: Action Stocks, 1-800-801-5181, sales@actionstocks.com, for
Global TeleMedia International/

/Web site: gtmi.com
bentleytel.com