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To: Joe Copia who wrote (80775)	2/23/2001 11:23:56 AM
From: Taki	Read Replies (2) \| Respond to of 150070

Good news VWLC. (BSNS WIRE) Voice & Wireless Corp. Announces the Signing of a Preliminary P Voice & Wireless Corp. Announces the Signing of a Preliminary Purchase Order by C.K. International, Ltd. To Initially Purchase 10,000 of Its Wireless Ear Buds Business Editors MINNEAPOLIS--(BUSINESS WIRE)--Feb. 23, 2001--Voice & Wireless Corporation (OTC:BB symbol: VWLC) a leading provider of voice and wireless comprehensive solutions, today announced its acceptance of a Preliminary Purchase Order from C. K. International, Ltd., of Seoul, Korea, to make an initial purchase of 10,000 of the Company's wireless Ear Buds and transmitters. Mr. Jochen Stog, President of the Voice & Wireless European and Asian Subsidiary, stated, "The President of C. K. International, Ltd., Chang, Kyung Jun, arrived in Minneapolis earlier this week and was shown a working proto type of the hands free, wireless Ear Bud and its numerous applications. After numerous meetings, he executed a Distribution Agreement for Korea and submitted a signed Preliminary Purchase Order for the purchase of 10,000 units to be backed by an Irrevocable Letter of Credit. Since this will be the Company's first commercial production run of the wireless Ear Bud, the Preliminary Purchase Order does allow for mutually agreed to adjustments in time schedules for delivery and in the price of the units." Mark Haggerty, President of Voice & Wireless Corporation, stated, "the C. K. International preliminary order for 10,000 units of the Ear Bud is the Company's first large commercial order and hopefully will be the start of other large commercial orders both in the USA and overseas. We have been frustrated with delays, but the wait will be worth it and C. K. International's preliminary order will help us get the first commercial production going. Shareholders have also called with concerns about our cash position and I want to assure them that our balance sheet is better than it was a year ago and that we have cash and a untapped line of credit. This is just the beginning for our no wires, hands free and radiation free Ear Bud in a world with over 900,000,000 cellular phones." Voice & Wireless Corporation (http://www.vwlcorp.com) is a holding company with ownership interests in multiple industries and segments ranging from traditional brick and mortar businesses to Internet/Technology services and products. Voice and Wireless also owns 100% of Mail Call, Inc.(http://www.mailcall.com) which markets the most-advanced text-to-speech technology for business people to manage their email via telephone, without a computer. This service enables anyone who travels for business to access and read email over any telephone, anywhere. The user may respond to the emails via their natural voice, or by selecting a pre-written text response. The user may also fax the email. Although there are other entities with similar technology, Mail Call differentiates itself by not requiring the subscriber change their email address when signing up for the service. In addition, Mail Call differentiates itself by allowing users to initiate emails from their address book without a computer. The preceding statements are made pursuant to the Private Securities Litigation Reform Act of 1995, as amended, in order for the Company and the other companies mentioned in this press release to avail themselves of the "safe harbor" provisions of that Act, as amended. Certain statements in this release that are not historical fact constitute "forward-looking information." Such forward-looking information involves known and unknown risks, uncertainties and other factors, which may cause the actual results of the Company and the other companies mentioned in this release to be materially different from results expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but are not limited to: customer demand not meeting expectations; lack of consistent supply of hardware and software to service demand; lack of adequate distribution markets; the inability to generate enough cash to service operations; the loss of the right to resell or use others' products; adverse economic conditions; intense competition; inadequate capital; unexpected costs; lower revenues and net income than expected; loss of customers; price increases; failure to obtain customers; the possible acquisition of a new business or products that do not perform as anticipated; inability to carry out marketing and sales plans; changes in interest rates; inflationary factors; inability to meet customer demand and other specific risks that may be alluded to in this press release or in other reports issued by the Company or the other companies mentioned in this release. --30--ad/ny* CONTACT: DeMonte Associates Investor Relations, 212/473-3700 FAX: 212/707-8668 gjohnson@demonte.com or Voice & Wireless Corporation Mark Haggerty, 952/546-2075 FAX: 952/512-8451 mark@vawcorp.net www.vwlcorp.com KEYWORD: MINNESOTA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS HARDWARE TELECOMMUNICATIONS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. 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