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Microcap & Penny Stocks : PICK Communications Corp. Press release -- Ignore unavailable to you. Want to Upgrade?

To: Malko who wrote (120)	6/4/1998 2:49:00 PM
From: heather	Respond to of 746

Hi Malko, I did not give any news on Pick recently simply because I did not have any, but I have not disappeared. I was still waiting for valuable information as I did not want to hype this baby with an unconfirmed rumor. Thank you again Malko for the news.... I told you this baby would wake up soon. Will definitely be in front of my TV. Cheers. H

To: Malko who wrote (120)	6/4/1998 3:11:00 PM
From: heather	Read Replies (1) \| Respond to of 746

To all, I stumbled upon this new press-release. It seems to confirm the partnership between Blackstone and Pick... With the soon to come interview on CBS, it looks like PICK is coming alive again and might live up to my expectations. Cheers H. ------------------------------------------------------------------------------------------------------ WAYNE, N.J.--(BUSINESS WIRE)--May 28, 1998--PICK Communications Corp. (OTCBB:PICK) and Blackstone Calling Card, Inc. announced today the successful launch of a new prepaid calling card - TELE TALK. This card is the first one released under a strategic partnership formed by the companies earlier this year and highlighted recently in an article in The Wall Street Journal ('Prepaid Phone Cards Ring Up Business', April 22, 1998). Under the terms of the agreement between PICK and Blackstone, PICK provides the platform, network, tariffs and time supporting the cards, while Blackstone furnishes the design, printing, marketing, and distribution. Blackstone began a controlled release of TeleTalk Calling Cards early this month to an audience apparently anxiously awaiting the product. The reception in the distribution channels and at the consumer level has been extremely favorable and approximately $1 million dollars worth of product, at face value, has been prepaid and activated in the first four weeks of release. Luis Arias, President of Blackstone Calling Card, Inc., headquartered in Miami, FL, is pleased with the roll-out of the card, the quality of the network and the response of PICK to any issues which arose during the planning and initial implementation phases. "Now that we have passed the critical first weeks for a new card release", Mr. Arias said, "We can confidently expand its distribution and really sell some of this product". According to Karen M. Quinn, Vice President of Operations at PICK, "We are delighted to partner with Blackstone in this endeavor; they are a well-established distributor with proven capabilities for nationwide card distribution to a wide variety of markets. So far, the program implementation has been smooth and, judging from the retail response, the card fills a need for the consumer". PICK Communications Corp. is a facilities-based telecommunications carrier headquartered in Wayne, NJ. The Company has international gateway switches located in Jersey City, NJ and Miami, FL. and provides carrier level services to telecommunications companies in the US and overseas. PICK has also distributed prepaid telephone calling cards nationally since 1993. This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding expected future revenues and expenses. Forward-looking statements relate to plans and expectations of the Company and are subject to risks and uncertainties, including the timely development and acceptance of new products in a constantly evolving telecommunications industry, the impact of competitive products and pricing, government regulations and the other risks detailed from time to time in the Company's SEC reports. For further information about PICK, contact Nancy Freedman at the Company by phone: (973) 812-7425 or e-mail: PICKNET@aol.com. For information about Blackstone, or the TELE TALK card, contact Eddie Pena at (305) 639-9590 or www.Blackstonecallingcard.com.