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Technology Stocks : STAR Telecommunications (STRX) -- Ignore unavailable to you. Want to Upgrade?

To: Art C. who wrote (542)	2/17/1999 11:40:00 AM
From: JakeStraw	Respond to of 780

Might be a good day to buy more!!

To: Art C. who wrote (542)	2/18/1999 8:27:00 AM
From: JakeStraw	Read Replies (1) \| Respond to of 780

STAR Telecom Selects TechWave for E-Commerce Solutions TechWave to Offer Technology and Distribution Services for Star Prepaid Phone Cards SANTA BARBARA, Calif.--(BUSINESS WIRE)--Feb. 18, 1999--STAR Telecommunications, Inc. (Nasdaq:STRX - news), the seventh largest long-distance provider in the United States today announced an agreement with TechWave, Inc. to provide e-commerce transaction capabilities and distribution services for prepaid calling card sales over the Internet. STAR recently acquired PT-1 Communications, Inc., the nation's largest prepaid calling card provider. The company will sell PT-1 prepaid calling cards from the PT-1 Communications website (http://www.pt-1.com) beginning April 1, 1999. The PT-1 website can be accessed from search engines such as America Online (NYSE:AOL - news); Lycos, Inc. (Nasdaq:LCOS - news), Yahoo, Inc. (Nasdaq:YHOO - news), Infoseek, Corp. (Nasdaq:SEEK - news) and Excite, Inc. (Nasdaq:XCIT - news). ''We believe that selling prepaid calling card services over the Internet is an effective way to market prepaid services directly to consumers as well as smaller distribution points of sale,'' said Chris Edgecomb, chairman of the board and CEO of STAR. ''The dominant brand recognition that PT-1 has established will certainly support the growth of this new distribution channel. By selling prepaid services to the broadest market of customers in the world, we expect that up to 25% of our prepaid calling card sales will be transacted over the Internet in the year 2000.'' STAR will use the TechWave e-commerce platform for online sales and will utilize the TechWave distribution site for online phone card sales and other telecommunications services. TechWave utilizes one of the largest marketing and sales networks on the Internet, housing more than 15,000 merchants and reaching millions of shoppers. TechWave real-time payment processing, automated tax calculation, export control, and fraud prevention services ensure that customers receive secure and timely transaction processing without any operational responsibilities. Dwayne Walker, president and chief executive officer of TechWave, commented, ''The addition of STAR Telecom to the TechWave Online Store Network supports our goal of connecting buyers and sellers worldwide. Our distribution services and transaction processing capabilities will allow STAR Telecom to offer their products in a secure environment.'' About STAR Telecommunications STAR Telecommunications is a leading provider of global telecommunications services to consumers, long distance carriers, multinational corporations and Internet service providers worldwide. The company has become the seventh largest supplier of long distance services in the United States. STAR provides international and national long distance services, international private line, Internet services, prepaid calling cards, dial around services and international toll free services. The STAR Telecom global network connects over 43 countries worldwide and includes 17 global switching facilities, ownership in 17 transoceanic cable systems and a North American fiber network connecting 30 cities. Visit STAR Telecom at startel.com. About TechWave Established in 1994, TechWave, Inc. (www.techwave.com) is a leading electronic commerce company dedicated to making e-commerce a reality for all businesses. Through its full suite of e-commerce solutions, TechWave helps customers and merchants safely and easily buy and sell merchandise online. With offices in Seattle, Montreal and Sausalito, Calif., TechWave provides electronic commerce technology services to thousands of companies. ------------------------------------------------------------------------ Contact: STAR Telecommunications Kelly Enos or Ben Helvey, 805/899-1962 or Morgen Walke Associates Todd Friedman or Alex Wellins, 415/296-7383 or Barokas Public Relations Howard Barokas, 206/264-8220 howard@barokas.com