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To: Hootermonger who wrote (2213)9/10/1998 5:38:00 PM
From: okee-boy  Respond to of 3129
 
News for TNNS

TRANSTAR COMMUNICATIONS, INC., ANNOUNCES A MAJOR ACQUISITION WITH INFO-LAB,
Inc., for Their OL2 Division

LOS ANGELES, Sept. 10 /PRNewswire/ -- Transtar Communications, Inc.,
is pleased to announce the acquisition with Info-Lab, Inc., for their
OL2 division. Info-Lab, Inc., formed in November, 1995, is based in
Schaumburg, Illinois and was conceived by Chicago area attorney William
J. Judge and is managed by its President Daniel A. Spaeth and Vice
President Don Shattuck. The Company's business is related to substance
abuse testing in the workplace, including laboratory testing services
and online information. The company began its test service operations
in June, 1996 and has recently entered into a Joint Venture with the
Methodist DH14S-certified Laboratory in Peoria, IL. Over a two year
period the company developed a subscription on-line library service,
www.OL2.net a unique resource for legal, medical and scientific
information.

The company executed several contracts which will result in significant
revenues from OL2 beginning in October 1998, to reach approximately 3
to 4 million dollars over the next 12 months. OL2 is a unique on-line
library of information related to the risky business of employment drug
and alcohol testing. Despite its nearly 3,000 court decisions
(complete text and summarized), federal and state statutes and
regulations, OL2 is more than just information. Through its Q&A
sections, subscribers can ask questions and receive input from medical,
legal and administrative experts and other subscribers. OL2 is not
just information, its access to answers.

The World Wide Web is a hotbed of business advertising and commercial
activity. The fact that the medium has become both a fertile ground
for advertising and a new playing field for business transactions,
underscored the importance for every business to have a presence on,
and unfettered access to the Internet. The Web is also increasingly
providing a convenient and low cost means of general telecommunications
(e-mail, net telephony and facsimile, video conferencing, etc.) on a
global scale. The worldwide Internet populations are predicted to grow
to 100 million users by the turn of the century.

Transtar is a leading network provider in the Internet market. Using
the Internet, Transtar will increase a company's visibility and brand
name recognition among owners, business managers and end users.
Transtar's networking experts can provide companies with custom
solutions tailored to specific business and organizational needs. Also
known as virtual hosting, subscribers can originate and maintain their
Web sites from Transtar's centralized facilities without having to
purchase expensive equipment and software. Transtar also offers state
of the art web sites, with features such as live streaming video and
with the company's talented graphics design department, Transtar can
offer the most bang for the buck on the Internet. The high speed
Internet capabilities of today, combined with the high quality of
digital technology and low cost of transmission, gives Transtar the
next step in the progress of the communication industry, which will
carry into the next millennium.

Transtar Communications, Inc. is in the business of providing
international wholesale long distance telecommunications services to
their providers through out the United States as well as full Internet
services.

Safe Harbor Act Disclaimer:
The forward looking statements in this release involve risk
uncertainties, including but not limited to the successful completion
of the projects. Successful completion of these projects are subject to
the number of uncertainties and unforeseen events. There can be no
assurance of the goals of the company stated herein may be realized.

Forward looking statements represent the company's beliefs and
expectations concerning future events.
SOURCE Transtar Communications, Inc.

-0- 09/10/98 /CONTACT: Investor Relations
for Transtar Communications, Inc., 310-388-1040/

/Web site: ol2.net
CO: Transtar Communications, Inc.; Info-Lab, Inc. ST: California
IN: MLM CPR SU:

Good luck all.

okee-boy



To: Hootermonger who wrote (2213)9/10/1998 5:39:00 PM
From: SONG  Respond to of 3129
 
Please go to the Yahoo finance section.

check the price of TNNS.
You sould see the news on the bottom section.



To: Hootermonger who wrote (2213)9/10/1998 6:20:00 PM
From: SONG  Respond to of 3129
 
Do not expect income from long distance communication contracts in 2nd Q.
The one mistake they made was releasing a telephone contract news prematurly. Like I told you on a report it took 6 month to set up the switch system . setting up a phone system in regular house takes day or two. there were least ten 6 foot main frame like systems at the location. Engineer on sight told me it took two week to connect the lines of one system. So please be patient on telephone contracts.
If they are using their switching system, they can save one or two cents per minute on long distance.
I also notice the backup battery in case power goes down on the biulding the system is in. It is size of a car and can run for least 10 hours or so.



To: Hootermonger who wrote (2213)9/11/1998 2:36:00 AM
From: myelin2  Read Replies (1) | Respond to of 3129
 
They have to concentrate their business as a small company - otherwise i predict bankruptcy within 12 months.
Maybe they are honest businessmen but not skilled ones IMO.