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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?


To: Jamey who wrote (479)12/11/1997 2:57:00 AM
From: Michael T Currie  Respond to of 6931
 
Jim,

Message 2904652

The most recent message from Scott Cameron says that they intend to become fully reporting during 1998. No mention of when. I agree that we should ask them to accelerate the schedule, but we have to realise that this is a really time consuming task. Somehow, they will have to find a balance between signing customers, which is obviously critical, and dealing with the SEC.

Mike



To: Jamey who wrote (479)12/11/1997 4:07:00 PM
From: Jamey  Respond to of 6931
 
Talk about service. I received a call from Michael in IR. They are preparing a release in regard to becoming a fully reporting company.
This will be very welcome news.
Jim



To: Jamey who wrote (479)12/11/1997 4:11:00 PM
From: Jamey  Read Replies (1) | Respond to of 6931
 
TSIS Investors***** TSIS NEWS*****
For more information, please call:
Interactive Telesis' Investor Relations Office
(888) 484-6397
e-mail: iti@intelesis.com

FOR IMMEDIATE RELEASE

ITI To Meet New NASDAQ Reporting Requirements

San Diego, CA - December 11, 1997 - TSIS, OTC Bulletin Board - Interactive Telesis Inc. wishes to respond to recent articles regarding the intention of NASDAQ to remove up to 3,400 companies from the OTC Bulletin Board.

Interactive Telesis has prepared and mailed to shareholders audited financial statements and quarterly reports for the past four years. It is the company's intention to file these statements with the appropriate governing bodies as soon as possible. The company feels that the removal of the more speculative, non-disclosing companies from the Bulletin Board is a positive step towards enhancing the credibility of this market.

Interactive Telesis is experiencing a 200% increase in revenues due to the rapidly growing demand for its MarketREACH( customized interactive voice response (IVR) applications and its InvestorREACH( shareholder communication service. Both services are being successfully marketed to some of North America's largest corporations, as evidenced by ITI's recent news releases.

ITI's management looks forward to promptly meeting all reporting NASDAQ-initiated requirements in 1998 with financial statements that reflect the company's increasing profitability and dramatic growth.

The company is not aware of any material change in its affairs that would result in the recent drop in share price.

For further information, please contact Scott Cameron, Director of Investor Relations, at 800/931-5050.