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Microcap & Penny Stocks : GTCI - get in before the news hits -- Ignore unavailable to you. Want to Upgrade?

To: blessed who wrote (886)	2/24/1999 5:48:00 PM
From: ksuave	Read Replies (1) \| Respond to of 1541

Oh no, we're in real trouble now! Global Telephone Communication Inc. Announces New Marketing Agreement With iBiz Technology Corp SAN DIEGO, Feb. 24 /PRNewswire/ -- Global Telephone Communication Inc. (OTC Bulletin Board: GTCI - news) today announced it has entered into a marketing agreement with iBiz Technology Corp (OTC Bulletin Board: IBIZ - news) to market iBiz technology and products in the Pacific Rim. ''iBiz is the fastest growing company in the industry addressing small-footprint technology,'' said Terry Wong, president of Global. ''Their technology is ideal for any limited space environment. It offers environmentally friendly solutions to consumers and business. iBiz has massive distribution globally with CITRIX and an extremely large market with very strong demand. iBiz is the only company that offers this computing in ONE SQUARE FOOT of real estate. A value added EPSON printer makes it a smart transaction point.'' Global's marketing strategy is to incorporate existing contractual relationships in China and also its Joint Venture with Pacific Assets International (PAI), which has strategic relationships with 78 development banks in 33 countries and 8 million clients throughout Asia, according to Mr. Wong, ''iBiz will benefit from Global's established relationships in the Pacific Rim (Mainland China/ Hong Kong, Taiwan, South Korea, North Korea Thailand, Vietnam, Cambodia, Myanmar (Burma), Laos, Malaysia, the Philippines, Indonesia and Japan). Global will take advantage of iBiz's innovative space-efficient computers, peripherals, and displays,'' said Mr. Wong. iBiz develops, designs and manufactures a revolutionary new line of small footprint, convertible computer notebooks for the financial and general corporate market, said Mr. Wong. iBiz has developed an ergonomically designed wireless Keyboard, which is space-efficient. The Keyboard is made to exactly conform to the keying requirements of heavy numeric data input and point of sale transactions for a variety of computing environments, he added. About Global Telephone Communications Inc. Global Telephone Communication Inc., is working with China Telecom to bring wide access of the Internet to the Peoples Republic of China. Through its wholly owned subsidiary Regent Luck Holdings, Global Telephone operates under an exclusive agency/licensing agreement with China Telecom's wholly owned subsidiary, Newsnet, to provide basic and advanced Internet services. Also within the agreement is Global Telephone's ability to provide Internet Telephony systems and products. According to statistics recently released by the China National Network Information Center, registered Internet users reached 1.175 million by the end of June, 1998, doubling the number of users over the previous six month period. More information can be obtained about Global by visiting its Web Site at globaltci.com. This statement includes forward-looking information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward-looking statements as a result of various factors, including market conditions, competition, advances in technology and other factors. SOURCE: Global Telephone Communications, Inc. --------------------------------------------------------------------------------