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To: Secret_Agent_Man who wrote (4363)4/16/1998 9:55:00 AM
From: Michael Ulysses  Respond to of 7703
 
Read today's news. A +profit/share reported by the independent auditors.

''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