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Gold/Mining/Energy : CHANNEL I CANADA INC. (CNLI) CDN -- Ignore unavailable to you. Want to Upgrade?


To: toccodolce who wrote (91)5/4/1998 8:44:00 AM
From: burner  Read Replies (1) | Respond to of 95
 
Channel i Canada Inc -

New line of business

Channel i Canada Inc CNLIShares issued 581407211998-05-01 close $0.04Monday May 4 1998Mr. Andre Rousseau reports Since last December, major decisions have been announced to improve the company's administration and operations sectors. These decisions are now becoming the back bone of a small company that aims for the highest level of success. In February, a new board of directors of seven members, all chosen for their particular skills in business and communications, to help the company's growth and protect the investment, was presented. A few weeks ago, the president announced several operations generating revenues for the next twelve months. These changes were to stand up and to built the new image and develop a new business sector. "In the same frame of mind, it is now time to announce an important change in the line of business of our company. Channel i as a new vocation, and adds to her sub-company Eastern Tel Inc." said Andre Rousseau, president and CEO and added: "Eastern Tel is clearly focusing on "telephony" and his personnel has the experience to do so". Mr. Rousseau and his team are excited to reveal the steps to come. As of this week, Eastern Tel is offering the Greater Montreal population the Partner System (Voice Link). This system of high technology is the most advanced call answering and message forwarding system on the market. This is the first step of several major telephony projects that are being assessed. "Rest assured that all means are, and will be, taken to ensure the success of the operations of the company", conclude Mr. Rousseau.