Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?

To: Gerry Pince who wrote (12916)	12/18/1998 11:22:00 AM
From: Bruce Galpeer	Read Replies (3) \| Respond to of 19331

Thanks... DCI Re-Enters Quiet Period STRATFORD, Conn., Dec. 18 /PRNewswire/ -- DCI Telecommunications, Inc. (OTC Bulletin Board: DCTC - news), an international provider of telecommunications and Internet services, announced today that it will be entering a ''quiet period.'' This means it will be unable to provide nonpublic comment or guidance on the Company's activities in the near-term. Joseph J. Murphy, president and CEO of DCI, stated, ''It is necessary for the Company to adopt this quiet period due to certain activities being undertaken that relate to enhancing shareholder value.'' The Company had recently emerged from a quiet period on December 7, 1998 which was related to international business development. DCI recently announced the signing of a definitive agreement to merge with Wavetech International (Nasdaq: ITELD - news). The merger would create an international telecommunications carrier with enhanced services and call management switching equipment for service in the U.S., Canada and Europe. At closing, Wavetech will exchange one share of its common stock (after affecting a 1 for 6 reverse) for each share of DCTC. The transaction must be approved by shareholders of both companies and is expected to be ratified early in calendar year 1999. The Company also recently announced an alliance with IXC Communications, Inc. (Nasdaq: IIXC - news) which elevates DCI to a global carrier status. Under terms of the agreement, IXC, a one billion dollar market cap company, acquired a 13% ownership position in DCI. IXC is also the owner of 13,000 miles of fiber optic cable throughout the United States. This global interconnection agreement gives DCI the ability to link its existing, and planned, switching facilities in Europe and North America with high speed, dedicated lines thereby creating a telecommunications network that gives the Company the ability to least cost route voice traffic to its ultimate destination anywhere in the world. DCI will also be co-locating switching equipment at various IXC facilities around the globe and will have the ability to sell private lines both domestically and internationally. This agreement allows DCI's telecommunication subsidiaries to increase profit margins on several products by as much as 10-15%. DCI is an international provider of telecommunications services, including long distance, prepaid telephone cards and Internet services. It has an extensive distribution network throughout North America, Europe and the Far East, owns telephone switching facilities in Canada, the United Kingdom, Spain and Denmark, and has 12 operating facilities serving customers in eight countries. DCI recently reported revenues of $17 million for the first six months of its current fiscal year, versus $5.8 million in the comparable prior-year period. DCI is a publicly traded company listed on the OTC Bulletin Board under the symbol DCTC. DCI's web site is at www.dcic.com. Safe Harbor Statement under the Private Securities Litigation Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the new uncertainty of future financial results, additional financing requirements, development of new products, regulatory approval processes, the impact of competitive products or pricing, unpredictability of patent protection, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission SOURCE: DCI Telecommunications, Inc.

To: Gerry Pince who wrote (12916)	12/18/1998 11:24:00 AM
From: Robert Marzullo	Respond to of 19331

Gerry Thanks for the link.

To: Gerry Pince who wrote (12916)	12/18/1998 11:49:00 AM
From: Dorine Essey	Respond to of 19331

delayed 20 mins - disclaimer Friday December 18, 11:00 am Eastern Time Company Press Release SOURCE: DCI Telecommunications, Inc. DCI Re-Enters Quiet Period STRATFORD, Conn., Dec. 18 /PRNewswire/ -- DCI Telecommunications, Inc. (OTC Bulletin Board: DCTC - news), an international provider of telecommunications and Internet services, announced today that it will be entering a ''quiet period.'' This means it will be unable to provide nonpublic comment or guidance on the Company's activities in the near-term. Joseph J. Murphy, president and CEO of DCI, stated, ''It is necessary for the Company to adopt this quiet period due to certain activities being undertaken that relate to enhancing shareholder value.'' The Company had recently emerged from a quiet period on December 7, 1998 which was related to international business development. DCI recently announced the signing of a definitive agreement to merge with Wavetech International (Nasdaq: ITELD - news). The merger would create an international telecommunications carrier with enhanced services and call management switching equipment for service in the U.S., Canada and Europe. At closing, Wavetech will exchange one share of its common stock (after affecting a 1 for 6 reverse) for each share of DCTC. The transaction must be approved by shareholders of both companies and is expected to be ratified early in calendar year 1999. The Company also recently announced an alliance with IXC Communications, Inc. (Nasdaq: IIXC - news) which elevates DCI to a global carrier status. Under terms of the agreement, IXC, a one billion dollar market cap company, acquired a 13% ownership position in DCI. IXC is also the owner of 13,000 miles of fiber optic cable throughout the United States. This global interconnection agreement gives DCI the ability to link its existing, and planned, switching facilities in Europe and North America with high speed, dedicated lines thereby creating a telecommunications network that gives the Company the ability to least cost route voice traffic to its ultimate destination anywhere in the world. DCI will also be co-locating switching equipment at various IXC facilities around the globe and will have the ability to sell private lines both domestically and internationally. This agreement allows DCI's telecommunication subsidiaries to increase profit margins on several products by as much as 10-15%. DCI is an international provider of telecommunications services, including long distance, prepaid telephone cards and Internet services. It has an extensive distribution network throughout North America, Europe and the Far East, owns telephone switching facilities in Canada, the United Kingdom, Spain and Denmark, and has 12 operating facilities serving customers in eight countries. DCI recently reported revenues of $17 million for the first six months of its current fiscal year, versus $5.8 million in the comparable prior-year period. DCI is a publicly traded company listed on the OTC Bulletin Board under the symbol DCTC. DCI's web site is at www.dcic.com. Safe Harbor Statement under the Private Securities Litigation Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the new uncertainty of future financial results, additional financing requirements, development of new products, regulatory approval processes, the impact of competitive products or pricing, unpredictability of patent protection, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission SOURCE: DCI Telecommunications, Inc. -------------------------------------------------------------------------------- More Quotes and News: DCI Telecommunications Inc (OTC BB:DCTC - news) IXC Communications Inc (Nasdaq:IIXC - news) WAVETECH INTL (Nasdaq:ITELD - news) Related News Categories: computers, internet, telecom -------------------------------------------------------------------------------- --------------------------------------------------------------------------------