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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: ErnestPoe who wrote (14746)	2/25/1999 11:35:00 AM
From: JakeStraw	Respond to of 90042

STRX News - PT-1 Communications' Services Cited as Best in Class by Smart Money Magazine FLUSHING, N.Y.--(BUSINESS WIRE)--Feb. 25, 1999--PT-1 Communications, Inc., the nation's largest prepaid calling card provider and a subsidiary of STAR Telecommunications Inc. (Nasdaq:STRX - news), today announced that its 101-6868 service was cited as the best value in low-cost dial-around service in the March 1999 SmartMoney article entitled ''Ringing Endorsements.'' SmartMoney, The Wall Street Journal Magazine of Personal Business, is a joint publishing venture of Dow Jones & Co. and The Hearst Corporation. In the feature article, SmartMoney stated, ''Of the fifteen or so dial-around options on the market, PT-1 Communications' 101-6868 number is by far the best. The interstate long-distance rate is a mere 7.9 cents a minute no matter when you call. And unlike most other dial-arounds, this one has no hidden surcharges, no minimum talk-times and, remarkably, no monthly service fees.'' ''We are extremely pleased to see increasing recognition of the merits of PT-1's competitive dial-around services,'' said Chris Edgecomb, chairman and CEO of STAR. ''Under the 101-6868 program which was introduced to selected markets in 1998, PT-1 enables consumers to benefit from considerable long-distance savings. As we complete the installation of our national OC-12 fiber backbone in June of 1999, we will be able to offer ubiquitous access to the 101-6868 savings program to prospective long distance consumers throughout the United States.'' About PT-1 Communications PT-1 Communications, Inc., a wholly-owned subsidiary of STAR Telecommunications, Inc. is the nation's largest provider of prepaid calling cards. PT-1's recent merger with STAR Telecommunications has created the seventh largest long distance provider in the United States. PT-1 focuses on the international long distance marketplace, which accounts for approximately 70% of all prepaid calling card revenues. With the most widely recognized brands, PT-1 has the top selling line of phone cards in America. PT-1 is also a leading provider of dial around services under the 101-6868 program. Visit PT-1 at www.pt-1.com 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 www.startel.com. Except for the historical information contained herein, this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. The company's future actual results could differ materially from the forward-looking statements discussed herein. A list of the factors that could cause actual results to differ materially can be found in the documents the company files with the SEC, including those contained in STAR's prospectus, and the Form 10-Q for the period ended Sept. 30, 1998. Contact: STAR Telecommunications Kelly Enos or Ben Helvey, 805/899-1962 or Morgen-Walke Associates Todd Friedman or Alex Wellins, 415/296-7383