To: nikko who wrote (8527 ) 9/16/1998 2:37:00 PM From: Norms Read Replies (1) | Respond to of 8798
TSIG News release: Sells ALL CD's over internet for $10.99 a piece! THE SITE IS FINALLY LIVE - Watch for UPWARD movement as marketing blitz begins. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> News Release: Wednesday September 16, 10:44 am Eastern Time Company Press Release SOURCE: TeleServices International Group, Inc. TeleServices International Group Inc. Launches Retail Music Company Unique To the Internet ST. PETERSBURG, Fla., Sept. 16 /PRNewswire/ -- TeleServices International Group, Inc. (OTC Bulletin Board: TSIG - news), a fully integrated provider of outsourced teleservices, announced today that its subsidiary, Compact Connection, Inc.(CCI) has entered the global online retail music market with a unique marketing -- technology concept that directly links business done on the Internet with powerful one-on-one personal transactions provided by TSIG. CCI will compete directly with online retailers Amazon.com (Nasdaq: AMZN - news), CDNow (Nasdaq: CDNW - news), N2K's Music Boulevard (Nasdaq: NTKI - news) and K-Tel International (Nasdaq: KTEL - news). Compact Connection, a direct music retail company, sells CDs and cassettes online via its website www.compactconnection.com at discount prices competitive with other leading online music retailers. For those CCI customers not comfortable with giving credit card or personal information online (estimated to be over 40% of total Internet users), there is the immediate option of making a toll free call to 1-800-951-1111 to purchase music from a TSIG Call Center Service agent, 24 hours a day, 7 days a week. CCI's website offers an impressive library of over 250,000 titles and has the ability to handle 10,000 transactions a day. To support its website program, TSIG has partnered with Muze, Inc., ENSO Audio Imaging, Inc. and Valley Media, Inc., leaders in their respective music fields. Unique to the Internet is Compact Connection's marketing of its MusicCard(TM), which provides purchasers the ability to buy CDs and cassettes at even greater discounted prices. The CCI MusicCard(TM) is also being aggressively marketed outside its website through CCI distributors and national sales. The company is establishing unique marketing programs with corporations and non-profit organizations where they share in revenues from selling their own customized MusicCard(TM). Robert Gordon, Chairman and CEO of TSIG, stated, ''Internet companies are too hastily turning to online commerce as their sole business plan and are leaving behind the personal one-on-one communication that the telephone offers. Global online music sales are projected to rise to $1.8 Billion by 2001 from $71 million currently. Likewise, the teleservices industry grew to an estimated $81 billion in 1996, up from $34 billion in 1986. The numbers speak for themselves.'' He further comments, ''TSIG continues to be in the teleservices business. The launch of our Internet based direct music retail company is just our first example of how these two technology based industries must grow hand in hand. We are one of the first to recognize the importance of it and are technologically prepared to keep pace with demand in the new millennium, never loosing sight of the need for personal interaction.'' TeleServices International Group, Inc. is a provider of fully integrated global teleservices to companies focused on selling products and services through toll-free numbers and the Internet. The Company's wide array of teleservices includes telephone sales/order capturing, customer service and product support as well as direct-response advertising. Visit TeleServices web site at stockprofiles.com , or e-mail info@tsig.com. SOURCE: TeleServices International Group, Inc. >>>>>>>>>>>>>>>>>>>>>>>> They charge $10.99 for ALL CD's ..not just selected ones. And shipping is a buck less than CDNW! Market Cap for TSIG: $13 mil Market Cap for CDNW: $150 mil TSIG trades for .25 a share. Potential is there.