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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: slaffe who wrote (13938)	1/4/1999 4:29:00 AM
From: tfk	Respond to of 44908

I was going back and re-reading TSIG old press releases and came across the Feb '98 PR announcing the acquisition of CCI. What I find interesting are the projections, the number of distributors, and that Coca-Cola and the US Marines are part of the client base. A copy of the PR is shown below for reference. TeleServices International Group Inc. To Acquire Compact Connection, Inc. for $15 Million PR Newswire, Thursday, February 19, 1998 at 14:17 ST. PETERSBURG, Fla., Feb. 19 /PRNewswire/ -- TeleServices International Group Inc. (BB: TSIG), a leading inbound teleservices provider, today announced that it has signed a Letter of Intent to acquire 100 percent of Santa Ana, California-based Compact Connection, a leading wholesaler of compact discs and cassette tapes. Although exact terms were not disclosed, the transaction is valued at approximately $15 million. With $14 million in 1997 sales (1.4 million net profit) and 1.5 million customers, Compact Connection projects 1998 sales to exceed $35 million, with 10 percent net profit falling to the bottom line, and its client base to grow to over 10 million in the next two years. Currently, the Company has over 200 distributors across the United States with a client base that includes Coca-Cola and the U.S. Marines. "The synergy is clearly evident," stated Robert Gordon, Chairman of TeleServices International Group, Inc. "The tremendous growth of Compact Connection will continue now with improved inbound 800 service of our dedicated and professional teleservice representatives." "It is rare that a company can exponentially grow without sacrificing service to the customer," stated Darrell Piercy, Chief Executive Officer of Compact Connection. "Together, we are a formidable marketing powerhouse poised to reach $100 million in sales by year 2000." TeleServices International Group specializes in the effective and efficient handling of inbound toll-free calls. TeleServices maximizes the value of outsourced teleservices to its clients by combining a strategic commitment to customer satisfaction with proprietary technology and proactive marketing techniques. Its clients include Harley Davidson (NYSE:HDI), NIKE (NYSE:NKE) World Masters Game, Frontier Airlines, Country Living and some of the largest Convention and Visitors Bureaus (CVBs) in the Country including the cities of Los Angeles, Atlanta, Chicago, and Philadelphia. SOURCE TeleServices International Group Inc. -0- 02/19/98 /CONTACT: Robert Gordon, Chairman of TeleServices International Group, 813-897-4000; or Mark Kabbash, President of VistaQuest Financial Public Relations, 212-551-7874/