To: Stock Watcher who wrote (2640 ) 2/11/1999 1:10:00 PM From: Dave Gore Read Replies (1) | Respond to of 52051
I agree on SFLK; also news on ** TLTG ** just some more nice stuff. This web portal and VOICE over IP is a nice dual niche company to hold on to. Thursday February 11, 7:58 am Eastern Time Company Press Release Teltran Announces Initial Results From Agreement With Trans Global Communications NEW YORK--(BUSINESS WIRE)--Feb. 11, 1999--Teltran International (OTC BB:TLTG) Thursday announced the initial results of their recently signed Carrier Services Agreement with Trans Global Communications (TGC). Acting as sales agent, Teltran has worked with TGC to bring a major customer to the TGC global network. February 15 is targeted as the commencement of service and network provisioning is in place to handle a minimum of five million minutes per month. TGC anticipates their annual revenues from this agreement to be approximately $10 million. Teltran estimates that the transaction will result in net income to Teltran in excess of $500,000 annually. Under their agreement with TGC, Teltran will offer customers a wide range of high quality network services as well as customer-specific hardware solutions including international long distance, collocation facilities, switch partitioning and remote partition access. Licensed by the FCC as a global facilities-based common carrier, Teltran offers a full range of telecommunications and Internet services including Voice over IP, domestic and international long distance, Web Hosting, fax broadcast services, calling card programs and satellite communications. Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may differ materially from actual future events or results. The future performance of the company involves risks and uncertainties that could cause actual results to differ markedly from those anticipated by such forward-looking statements. Such risks include but are not limited to the following: a limited operating history for the company; potential fluctuations in operating results; competition; pricing pressure; dependence on third-party suppliers of hardware and software; shortage of modems; dependence on telecommunications carriers; management of growth; limited market; a need for and risks of international expansion; the existence of a new and uncertain market; customer retention issues; rapid technological change; security risks; the risk of system failure; formal licensing and joint marketing agreements; patents and proprietary rights; infringement claims; changes in government regulation; risks associated with providing content including potential liability; dependence on key personnel and need to hire additional qualified personnel; uncertainty of currency exchange rates; need for additional capital; and enforceability of civil liabilities. -------------------------------------------------------------------------------- Contact: Teltran International, New York Jimmy Tubbs, 1-888-TELTRAN www.teltran.com