To: TokyoMex who wrote (444 ) 5/28/1998 12:12:00 PM From: bebu Respond to of 8798
TSIS - NEWS just out Thursday May 28, 11:23 am Eastern Time Company Press Release INTERACTIVE TELESIS to Partner With GTE Calling Card Division, Sees Revenues Double in Twelve Months SAN DIEGO--(BUSINESS WIRE)--May 28, 1998--INTERACTIVE TELESIS INC. (NASDAQ BB:TSIS - news) is pleased to announce a recent agreement with GTE's prepaid phone card division. Under the agreement TSIS will provide a variety of interactive voice response (IVR) services designed to create valuable marketing and customer preference information for GTE prepaid calling card clients. Donald E. Cameron, president of TSIS, said: ''This agreement has the potential to generate monthly revenues within twelve months equal to what is currently being realized from both our InvestorREACH and MarketREACH divisions. In essence, this is expected to double TSIS revenues within twelve months. We are currently working on similar relationships with the card service divisions of other major phone carriers and feel the magnitude of this opportunity is enormous.'' GTE is excited about the advantages to be derived from TSIS's unique caller-survey applications. Through the TSIS service GTE expects to increase the number of its clients who utilize phone cards for promotions. Also, GTE feels the cost-effective demographic information that sponsoring corporations will now be able to generate on a daily basis will be of tremendous value. GTE's prepaid phone card division issues approximately 15 million cards per year for corporations and organizations like Texaco and the NRA. TSIS provides shareholder communication services to clients such as Seagate Technology and Applied Materials through its InvestorREACH division as well as customized IVR applications to companies such as AT&T and Lucent Technologies and now GTE through its MarketREACH division. Investor Relations Contact: Venture Capital & Marketing Consultants Inc. 888/302-9994 or e-mail nsi@worldramp.net. Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties which may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, inprecision in estimating product reserves and the company's ability to replace and expand its holdings.