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To: sandstuff who wrote (4293)4/16/1998 6:52:00 AM
From: Pakman2000  Read Replies (1) | Respond to of 7703
 
NEWS!!

Digitcom Reports a Profit in Annual Results

SANTA MONICA, Calif., April 16 /PRNewswire/ -- Digitcom Interactive Video Network (OTC Bulletin Board: DGIV) today announced net income of $292,585 for the year ending December 31, 1997. The company was listed on the Nasdaq Bulletin Board on September 22, 1997.

"This past year was a time of intensive development of Digitcom's Internet phone products and of securing very promising joint venture agreements with prominent regional and national telecommunications companies that will extend our telecom network around the world," said Digitcom CEO Jimmy Chin. "We look for 1998 to be the year when these efforts will begin to bear fruit."

The profit announced today represents $.02 per share.

Auditor Alex D. Domantay & Associates' complete results will be available in the company's 10-K filing that will soon appear on Edgar.

Digitcom is a telecommunications and data network company working with regional and national telephone companies in Europe and on the Pacific Rim to establish international long distance networks. The company is a leader in Internet voice communications technology and is marketing its Internet- enhanced long distance telecommunications services using Digitcom's "IntraVoice" Internet voice compression and long distance technology.



To: sandstuff who wrote (4293)4/16/1998 6:54:00 AM
From: drivaldog  Read Replies (2) | Respond to of 7703
 
Thursday April 16, 6:30 am Eastern Time

Company Press Release

SOURCE: Digitcom Interactive Video Network

Digitcom Reports a Profit in Annual Results

SANTA MONICA, Calif., April 16 /PRNewswire/ -- Digitcom Interactive Video Network (OTC Bulletin Board: DGIV - news) today announced net income of $292,585 for the year ending December 31, 1997. The company was listed on the Nasdaq Bulletin Board on September 22, 1997.

''This past year was a time of intensive development of Digitcom's Internet phone products and of securing very promising joint venture agreements with prominent regional and national telecommunications companies that will extend our telecom network around the world,'' said Digitcom CEO Jimmy Chin. ''We look for 1998 to be the year when these efforts will begin to bear fruit.''

The profit announced today represents $.02 per share.

Auditor Alex D. Domantay & Associates' complete results will be available in the company's 10-K filing that will soon appear on Edgar.

Digitcom is a telecommunications and data network company working with regional and national telephone companies in Europe and on the Pacific Rim to establish international long distance networks. The company is a leader in Internet voice communications technology and is marketing its Internet- enhanced long distance telecommunications services using Digitcom's ''IntraVoice'' Internet voice compression and long distance technology.

SOURCE: Digitcom Interactive Video Network