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To: pakk67 who wrote (30118)12/17/1998 2:20:00 PM
From: brent gephart  Read Replies (1) | Respond to of 119973
 
ACTC:Thursday December 17, 1:53 pm Eastern Time
Company Press Release
SOURCE: Applied Cellular Technology, Inc.
Inteletek, Inc. and www.intelesale.com Sign an Exclusive Agreement with Strategic Impact Corporation to Assist in Marketing Its Products to the Latin American Market
(Both Directly and Via the Internet) -- Expected to Increase Revenues by 30% Over the Next Three Years
PALM BEACH, Fla., Dec. 17 /PRNewswire/ -- Inteletek, Inc., a subsidiary of Applied Cellular Technology, Inc. (Nasdaq: ACTC - news), and www.intelesale.com announced today that it has completed an exclusive agreement with Strategic Impact Corporation, www.siimpact.com to capitalize on the rapidly growing Latin American market. Strategic Impact Corporation affords Inteletek, Inc. a host of distribution channels into the Latin American Market, which is currently experiencing a technological revolution. Founded in 1992, Strategic Impact is an international strategic planning firm service firm that advises governments and companies in the energy and high tech industry. Strategic Impact has provided its services to companies such as Amoco, Florida Power & Light, Virginia Indonesia Company, and the Westlake Group of Companies. The firm has also forged relationships with PEMEX, Pdvsa, PetroEcuador, Petrobras, other national oil companies, major computer manufacturers and private business conglomerates.

This entry is expected to substantially add to Intetelek's revenues and expect the incremental increase in sales to be at least 30% over the next three years. The newly formed alliance also paves the way for future Internet marketing into Latin America via Inteletek, Inc.'s on-line Computer Superstore, www.intelesale.com.

Marc Sherman, President of Inteletek, Inc. stated, ''This alliance will help to broaden the scope of Inteletek's marketing effort and the depth of its customer base. Strategic Impact's strong position and relationships throughout Latin America to governments, the financial services sector, the energy industry, and to diversified conglomerates will insure a market leader position for Inteletek in this fast growing region of the world. We expect this new marketing effort to incrementally increase our sales by 30% over the next three years. This agreement will also pave the way for www.intelesale.com to market its products via the Internet to Latin American customers, which supports our commitment to become a major Internet re- marketer.''

Maria Cardenas-Floudas, Managing Director and Principal of Strategic Impact Corporation, commented, ''Our Latin American Strategy is based on choice for customers through the diversified portfolio of Inteletek's products, our strong ties to business leaders and our intercultural approach. We will focus on high quality products and after market services provided through a group of elite distributors and alliance partners in this region.''

Inteletek, Inc. offers the following products and services: IBM Business Partner; Authorized Reseller for IBM, HP, Compaq; Memory Upgrades: CPU's and Hard Drives; Mainframe Tape and Disk; Cable Design and Manufacturing; LAN/WAN Design and Implementation; RS6000/AS400 Parts and Maintenance; Leasing; Transport: Technical Support: Network Integration; Computer Recycling and Re- certification, Consultant Services; and End of Life Management.

Applied Cellular Technology, Inc. is a diversified communications company whose goals is to provide customers with integrated communications systems that are fast, reliable and cost effective. For further information visit the Company's website at appliedcell.com.

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are 'forward- looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results.