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Gold/Mining/Energy : DataWave Vending Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Lindsay Thomas Tobin who wrote (202)11/2/1998 12:42:00 PM
From: RBMac  Read Replies (1) | Respond to of 289
 
Right on.....



To: Lindsay Thomas Tobin who wrote (202)11/2/1998 1:20:00 PM
From: RBMac  Respond to of 289
 
From Stockhouse................
Signs 5 Year Extension of Distribution Agreement

DATAWAVE SYSTEMS INC. ("DTV-V;DWVSF-L") - Signs 5-Year Extension of Distribution
Agreement

Clive Barwin, President of DataWave Systems Inc., manufacturers of the world's only intelligent
prepaid calling card dispensers, is pleased to announce that it has signed an extension to an
agreement to distribute AT&T PrePaid Cards throughout the United States. The agreement, originally
signed for a two-year period, has been extended to cover a five-year period effective September 1,
1998.

DataWave will continue to provide AT&T with comprehensive national merchandising program that
relies on DataWave's proprietary technology. These state-of-the-art electronic merchandisers (DTMs)
dispense prepaid calling cards that are activated at the point-of-sale. This unique Point-of-Sale
Activation eliminates risks typically associated with the sale of prepaid cards, including theft,
vandalism, and costs associated with inventory control. DataWave has set the standard in this area of
expertise.

DataWave will continue to distribute the universally recognized AT&T PrePaid Cards throughout the
United States. AT&T is the leading provider of long-distance and wireless services in the U.S., with the
world's largest and most sophisticated communications network. AT&T serves more than 90 million
customers in the U.S. alone, and operates in over 200 countries worldwide.

According to Clive Barwin, President of DataWave Systems, "Since signing the AT&T Prepaid Calling
Card agreement, DataWave has signed numerous new contracts which include major hotel chains,
theme parks and retail outlets across North America. This marketing approach has given DataWave
access to AT&T's broad customer base and the AT&T brand recognition has proven to increase our
sales at existing locations. With this extended agreement, we expect that our recent revenue growth
will continue." TEL: (604) 874-1302

Ext. 301, Peter Hough, CFO FAX: (604) 874-1503

Clive Barwin, President EMAIL: info@datawave.ca INET: datawave.ca