To: Due Diligence who wrote (2749 ) 11/24/1997 3:56:00 PM From: Jamey Read Replies (1) | Respond to of 8835
Jimbo, TSIS has got there way paved in gold on this announcement about contract with AT&T. Here it is in toto. Monday November 24, 12:15 pm Eastern Time Company Press Release ITI Commences Recording And Playback Services For AT&T Executive Teleconferencing Division SAN DIEGO--(BUSINESS WIRE)--Nov. 24, 1997--Interactive Telesis (ITI) (OTC BB:TSIS - news) is pleased to announced that, as of Nov. 16, it has launched recording and playback services for its client and marketing partner, AT&T Executive Teleconferencing. Within the first 24 hours of operation, ITI's communication center logged more than 14,000 phone minutes. They were generated by callers primarily accessing prerecorded analyst/management conference calls related to corporate earnings. ITI's proprietary software allows the service to be almost completely automated. Utilizing AT&T estimates of call volume for 1998, ITI anticipates generating net profits in excess of $70,000 per month from the Executive Teleconferencing Division alone, which Interactive Telesis invoices directly. The management of Interactive Telesis is optimistic that these estimates will be exceeded based on initial call volume, the commitment of AT&T to create awareness of ITI's services among its clients, and the explosive growth of AT&T's teleconferencing divisions. With the recording and playback service now implemented, AT&T representatives have expressed their intention to introduce ITI to their six additional call centers for outsourcing a variety of high-margin services. Interactive Telesis has recently created interactive voice response (IVR) applications for Lucent Technologies, the U.S. Postal Service and Ascend Communications, among others. Interactive Telesis is experiencing the most rapid revenue growth in its history. This is due in part to increased sales of its shareholder communication service InvestorREACH, but is primarily a result of the immediate demand for the customized IVR applications developed by ITI's MarketREACH division. To hear how InvestorREACH automates shareholder communications, call 800/619-3366. To find out how MarketREACH can make corporate communications more efficient and affordable, call Patrick Rost at 800/931-5050. ------------------------------------------------------------------------ Contact: Interactive Telesis Investor Relations, 888/484-6397 or 800/238-0922 iti@intelesis.com