To: Mykldee who wrote (12542 ) 4/30/1998 1:22:00 PM From: Big Dog Read Replies (2) | Respond to of 34592
TONE another older release, just as impressive. BIG DOG Wednesday April 22, 11:32 am Eastern Time Company Press Release Orix Global Communications Enters Into an Agreement With AT&T LAS VEGAS--(BUSINESS WIRE)--April 22, 1998--Touch Tone America Inc. (Nasdaq:TONE - news; Nasdaq:TONEW - news) announced that Orix Global Communications Inc., a wholly owned subsidiary, has entered into a master carrier agreement with AT&T. AT&T will be providing backbone circuits so that Orix may extend its ATM Network into Asia. The carrier agreement was entered into on exceptional terms and stems from the successful negotiations and settlement of a dispute between Touch Tone and AT&T. ''Because of the cooperation and support AT&T has afforded to Touch Tone during the ongoing merger with Orix, we felt positive about Orix entering into a business relationship with AT&T during a time of new ventures,'' stated Kerry Rogers, president and chief executive officer of Touch Tone America and Orix Global Communications. ''Orix plans to enter into Asia over the next 90 days with the same technology used in Latin America, which has recently come on-line,'' Rogers stated. Touch Tone America is a provider of telecommunications service. Orix Global Communications operates as a reseller of communication- network equipment and circuits, and provides voice, Internet, data, video and wireless services in the United States and international markets. This news release may contain forward-looking statements that are subject to risks and uncertainties. Additional information concerning potential risk factors that could affect the company's business and financial results are included in the company's filings with the Securities and Exchange Commission. -------------------------------------------------------------------------------- Contact: Touch Tone America Inc., Las Vegas Kerry Rogers, 702/792-2500