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Reference: EuroTelecom Inc. Symbol OTC: "EUTC" Britannia House-British Feilds-Ollerton Road-Tuxford-Nottinghamshire-NG22OPQ Tel: 07000 Eurotel Fax:7000 FaxEuro Reference: EuroTelecom Inc. Symbol OTC BB: "EUTC" Britannia House-British Feilds-Ollerton Road-Tuxford-Nottinghamshire-NG22OPQ Tel: 07000 Eurotel Fax:7000 FaxEuro Eurotelecom "EUTC" provides complete secure mission critical communication systems with operations in the United Kingdom, Tokyo and Luxembourg and the USA. They are a leader in network solutions (including fiber optics). Specifically, Eurotelecom designs and builds wide and global fault tolerant, high speed networks which deliver voice, data, and video services from file server, to desk top PC, thus enabling businesses to make decisions based on accurate real time information. The company employs over 300 people and is organized into three operating divisions: Security, Communications and Service & Support. Clients are in the governments, banking & finance, retail, shopping malls, airports & railroads, oil rigs & pipelines, military-defense industry, stock exchanges and many other areas. The actual list of companies is too large to list but consist of House of Commons in the UK, ICCH Financial Markets, Luxembourg Stock Exchange, Osaka Sugar Exchange, Tokyo Sugar Exchange, Tokyo Grain Exchange, US Government, Citicorp, Bank of Tokyo, Glaxo, London Fire & Civil Defense, NATO, Dell Computers, IBM, Digital Hungry, Merrill Lynch, JFK, Laguardia, Newark, Houston & Denver International Airports, Banca DI Roma, JP Morgan, Paribas Limited, Secure Computer Systems and British Telecom. The Company feels that that the earning possibilities can be explosive and has released 1997 proforma financial revenues at $14 Million. Growth projections by the company for 1998 consist of $28 Million in revenue. The company is pursuing acquisitions, joint ventures, strategic alliances and international partnerships. The global information technology (IT) market is forecast about $1,000 Billion by the Year 2000 and it is split between computers and telecommunications. As global deregulation continues to reduce its overheads, outsourcing and subcontracting many of their internal functions, EUTC can reduce their costs, yet still allow it to increase the quality of service. This $27 Billion dollar a year market is where EUTC is proposing recent and future acquisitions in both the US and UK. Both have added substantial market presence and revenue potential.
>>EuroTelecom is to be acquired by US Digital Communications (OTC BB: USDI) at a minimum of one share of USDI for one share of EUTC.
Shares Outstanding: 6,426,360 Float 785,000 Contacts: Phil Derry (CEO EUTC) London Tel: 011 44 7000 3876835, Herbert Lanzet 212 687 0061 or Robert Wussler (CEO USDI) 301 961 1540
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