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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?

To: gary g who wrote (3658)	9/4/1998 10:14:00 AM
From: Bob Biersack	Respond to of 6931

biz.yahoo.com

To: gary g who wrote (3658)	9/4/1998 10:18:00 AM
From: Eagle	Respond to of 6931

Here's the actual release: Friday September 4, 9:31 am Eastern Time Company Press Release Interactive Telesis Reports a 20% Gain SAN DIEGO--(BUSINESS WIRE)--Sept. 4, 1998--Interactive Telesis Inc. (NASDAQ/BB:TSIS) is pleased to report revenues of $420,000 for the fourth quarter ended July 31, 1998. This represents a 20% gain over the preceding quarter ended April 30, 1998. ITI's rapid growth is being fueled by its high margin IVR (interactive voice response) services currently being provided to some of North America's largest telecommunication companies. Recent high profile additions to the InvestorREACH service as well as improved operating margins, is laying the foundation for sustained expansion of both ITI's MarketREACH and InvestorREACH divisions. Interactive Telesis develops and supports unique phone based IVR applications which help corporations communicate more efficiently and cost effectively with customers and employees. ITI's MarketREACH division currently provides recording and playback services for AT&T and anticipates announcing agreements to provide similar services to America's remaining top five teleconferencing phone companies. ITI's MarketREACH division has also secured service agreements with two major carriers' pre-paid phone card divisions to provide interactive caller surveys and other valuable marketing support applications, details of which will be announced soon. Interactive Telesis has identified several high margin applications for its industry leading technology and has recently doubled its sales force and added technical staff and equipment to meet the exploding demand for ITI's services. In light of ITI's increasing profitability, growing operating margins, and no debt, management is unaware of any material changes in the company's affairs that would explain the recent drop in share price. ITI has completed its financials for its fiscal year ended July 31, 1998 and anticipates the audited statements to be available to the public within the next 60 days. Due to service agreements recently signed with the nation's largest phone carriers and other marketing initiatives soon to be announced, ITI's management is confident its current rate of growth will only accelerate in the coming fiscal quarters of 1998. To hear how InvestorREACH streamlines investor relation functions for its public companies with cost-effective shareholder communications, please call 1-800-619-DEMO. To learn how MarketREACH can enhance and automate internal and external corporate communications, please contact J. Karena Kelly at 1-800-931-5050. 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 that 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, imprecision in estimating product reserves and the company's ability to replace and expand its holdings. Contact: Wallstreet Capital & Marketing Group Inc., Debary, Fla. Kim Roberson, 800/491-0220