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Microcap & Penny Stocks : ADGI - American Diversified Group -- Ignore unavailable to you. Want to Upgrade?

To: Jack of All Trades who wrote (5462)	3/12/1998 3:55:00 PM
From: gtoland	Read Replies (2) \| Respond to of 9569

PR ADGI Forms Joint Venture with Telephonetics Overseas March 12, 1998 03:45 PM NEW YORK--(Business Wire)--March 12, 1998--American Diversified Group ADGI Thursday announced the formation of a joint venture and equity participation with Telephonetics Overseas Corp. of Miami. Telephonetics Overseas is an international telecommunications company engaged in the business of providing state of the art hardware and audio content for on-hold and web-site messaging and advertising. Telephonetics also distributes Internet telephone equipment and services and computer telephony products for sale in domestic and foreign markets. This service permits long distance telephone calls worldwide, via the Internet, by Telephonetics' customer/users, without need for computer hardware. Present clients include: Alpha-Tech of Canada, with test systems currently at the Bank of Montreal and Canadian Tire; the largest on-hold service provider in Mexico; Colombia Telephonetics, S.A., Bogota, Colombia; Ft. Lauderdale Network Inc., a joint venture for the distribution of Internet telephony products, among others. Principals of Telephonetics Overseas will be present at ADGI's Seminar and Investor Conference Thursday at New York Intercontinental Hotel, 111 East 48th St., NYC. For further information, ADGI's Broadcast Fax System will disseminate ADGI information (releases, newsletters, shareholder updates), and is accessible to all ADGI shareholders via fax. To add your fax number to ADGI's Broadcast System, please contact ADGI's NYC Conference Office at 212/332-5009 or by fax at 212/332-3249. gary :)