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To: okee-boy who wrote (94)3/14/1998 11:31:00 PM
From: Mike Adams  Respond to of 7703
 
Here is your outstanding shares/float info. In this February release.

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Friday February 6, 6:30 am Eastern Time

Company Press Release

Digitcom Secures $60 Million Investment in the
Company's Internet Long Distance Services

SANTA MONICA, Calif.--(BUSINESS WIRE)--Feb. 6, 1998--Digitcom Corp. (OTC:DGIV -
news) has secured an agreement in principal for a staged investment of up to $60 million by The
Dharma Group Corp., an international investment company with holdings in the Far East and the
United States.

Dharma Group will accumulate a minority stake in Digitcom as its participation grows from a
planned $12 million initial investment to be completed within the first half of this year. The proceeds
will be used by Digitcom to build out its Internet phone and switched international long distance
telephone network infrastructure and to act upon merger and acquisition opportunities.

Digitcom is bringing online Internet long distance access facilities in Indonesia, Korea, Taiwan, and
Hong Kong. Discussions are in progress to deploy Digitcom voice compression technology on
current switched international long distance services in Taiwan, Tokyo and the United States as a
result of the company's recent acquisition of JD International.

Digitcom management has adopted a strategy of joint venture operations in overseas markets and
growth through acquisition as a rapid means of increasing revenues and value in the company.
Digitcom currently has approximately 16 million shares issued with 5 million of the total being traded by the public.
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16 million outstanding and 5 million float

M



To: okee-boy who wrote (94)3/14/1998 11:40:00 PM
From: Mike Adams  Read Replies (2) | Respond to of 7703
 
Here is another news release. Am I to understand they are expecting
$10 million in revenues from this former deal alone?

And we have 60 million of working capital if needed?

Hold on.

This company is severely undervalued.

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Monday February 2, 1:44 pm Eastern Time

Company Press Release

REPEAT/Digitcom Acquires JD International, Opening
Asian Long Distance Markets.

SANTA MONICA, Calif.--(BUSINESS WIRE)--Feb. 2, 1998--Digitcom Corp. (OTC:DGIV -
news) has acquired JD International of Laguna Hills, Calif., in a stock and cash deal.

The acquisition brings Pacific Rim joint venture partners currently carrying traditional long distance
call traffic, and enterprise-level telecommunications technology into the Digitcom fold. JDI president,
David Wong, will join Digitcom to head up business communications product development.

''This acquisition is a significant step in implementing our strategy of expanding Digitcom's
communications network by merger and acquisition,'' stated Jimmy Chin, Digitcom chief executive
officer. ''Adding JD International's presence in Korea, Taiwan, Hong Kong and Japan to the
Digitcom network will circumvent many difficulties faced by U.S. companies trying to gain access to
those markets.''

JDI has joint venture operations in Seoul, Korea operating as CNG Spacecom Ltd. and
partnerships maintaining network long distance telephone access points in Seoul, Tokyo, Hong
Kong, Taipei, and Vancouver, Canada. International long distance traffic between Hong Kong,
Taipei, and North America presently runs to 700,000 minutes per month. Digitcom management
projects the acquisition could contribute $10 million in annualized revenue by the third quarter of
1998.

''Digitcom can expand the capacity of our network by four to ten times without further investment in
expensive dedicated lines,'' observed Wong. ''Digitcom's standards-based data compression will
allow us to carry much more traffic on the network we already have in place without raising costs.''

Discussions to connect the now independent Asian operations into one integrated network will be
completed in the coming weeks.

With the addition of Wong, Digitcom gains an experienced and innovative telecom developer with
extensive contacts in the Far East. A product of University of Southern California's graduate school
of computer science, Wong has been in the digital voice processing field almost from its inception.
He has engineered complex commercial applications of telemarketing and ''interactive voice''
services in Japan and Singapore for international clients. It was his development of international
''call-through'' technology and the establishment of access points in Taipei, Tokyo and Vancouver
that established him and his company in the international long distance industry.

Digitcom is an international telecommunications and data network company working with regional
and national telephone companies in emerging markets to establish international long distance
networks. The company is leading development of the new Internet voice communications
technology.

Contact:

Liberty Capital Group
Jayna Cassavant, 360/676-8072
libertycap.com
or
Digitcom Corp., Santa Monica
Roger Templeton, 310/584-0750
digitcom.com
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