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Gold/Mining/Energy : InfoInterActive Inc (IIA-ASE) -- Ignore unavailable to you. Want to Upgrade?

To: Marc who wrote (303)	7/23/1998 9:25:00 AM
From: Stang	Read Replies (2) \| Respond to of 1622

INFOINTERACTIVE SIGNS AGREEMENT WITH BC TELECOM Canada's second-largest telecommunications company HALIFAX, N.S., July 23 /CNW/ - InfoInterActive Inc. (Alberta Exch: IIA) announced today that it has signed an agreement with BC TELECOM, Canada's second-largest telecommunications company, to launch an initial deployment of InfoInterActive's popular ''call-waiting'' phone service for Internet users. Vancouver-based BC TELECOM (TSE: BCT) provides a full range of advanced telecommunications services and products to over 2.5 million customers across British Columbia. BC TEL Interactive, through Sympatico, is also the province's largest provider of Internet services. BC TELECOM has annual revenues (1997) of $2.75 billion and employs more than 13,500 British Columbians. Its majority shareholder is GTE Corporation, one of the largest telecommunications companies in the world. The deal for initial deployment of InfoInterActive's service, called Internet Call Manager, is contained in a Memorandum of Understanding between the two companies. The document is similar in nature to those which led to the full commercial roll-out of the service in Canada by MT&T in 1997, and in the United States by Cincinnati Bell Telephone Co. in May 1998. InfoInterActive recently signed similar agreements with TELUS Corporation of Alberta, and with a U.S. Regional Bell Operating Company, one of the largest phone companies in the United States. The Company is actively pursuing other similar partners around the world, and expects further developments in both the Canadian and American markets in the near future. InfoInterActive also recently announced that it has signed a success-based agreement with U.S. Bell Communications Research (Bellcore), one of the world's largest providers of telecommunications engineering and consulting services, to assist in rapid market expansion of Internet Call Manager through major phone companies in the United States, Europe and Asia. Bill McMullin, President & CEO of InfoInterActive Inc., said BC TELECOM's selection of the InfoInterActive service over all other technologies ''is a significant leap forward in InfoInterActive's rapid growth in the North American market, and reaffirms the Company's leadership in call-waiting technologies for Internet users.'' ''BC TELECOM and its affiliations represent significant new opportunities to deliver Internet Call Manager to a large number of customers, and we are delighted to have this world-class telecommunications company aligned with InfoInterActive,'' Mr. McMullin said. InfoInterActive's lead service, called Internet Call Manager, provides the Internet user with computer-screen notification of incoming telephone calls -- including caller identification - even when the same phone line is tied up during Internet use. The customer then has a number of options to handle the call, including accepting it, or sending it to another number - all with the click of a computer mouse. The service solves the common problem of families and small businesses missing incoming phone calls during Internet use, and is a fraction of the cost of leasing a separate phone line. Internet Call Manager for Business is another version of the service specifically designed to meet the needs of the rapidly growing small-business and home-office markets. The service allows the customer - using the Internet - to monitor and handle incoming calls on a number of office lines, including those not related to the Internet link. This allows any Internet user in an office to screen and manage all incoming calls. The InfoInterActive business service also allows the customer to use regular Internet access to monitor incoming office calls from home, a subsidiary workplace, or while travelling - or vice-versa. The InfoInterActive service is marketed primarily through large telephone companies across North America. In Ontario, Qu‚bec and Manitoba, the service is also marketed by a growing network of 55 of the independent Internet companies, which collectively hold more than 80 per cent of the Internet markets in those provinces. The U.S. Patent Office has issued a Notice of Allowance to InfoInterActive, indicating a patent will be granted for the Company's Internet Call Manager technology. InfoInterActive Inc. is a Halifax-based provider of network-based enhanced services that bring telephone, Internet and wireless networks together. It is a publicly-traded corporation listed on the Alberta Stock Exchange in Canada under the symbol IIA. The Alberta Stock Exchange has neither approved nor disapproved the information herein. newswire.ca Stang