To: BarbaraT who wrote (12828 ) 3/3/1999 8:57:00 PM From: hoffy Respond to of 25711
TSIS- Interactive Telesis Reports 134% Revenue Increase SAN DIEGO--(BUSINESS WIRE)--March 3, 1999--Interactive Telesis Inc. (OTC BB:TSIS), a leader in corporate communications, is pleased to report revenues of $551,750 for its second quarter ending Jan. 31, 1999 (99Q2). This represents a 134 percent gain over the second quarter of Jan. 31, 1998 (98Q2). The 99Q2 results reflect a revenue gain of 20 percent over the previous Oct. 31, 1998, quarter (99Q1), demonstrating a solid revenue growth trend for the second consecutive year. The 99Q1 results represent a revenue increase of 745 percent over 98Q1 and a further revenue gain of 9 percent over the previous quarter 98Q4. ''Interactive Telesis is beginning to enjoy the rewards of several years of dedicated effort. We are well positioned for continued superior revenue growth and we continue to expand our customer base within the telecommunications industry,'' said Interactive Telesis President and Chief Executive Officer, Donald Cameron. He added, ''We are aggressively focusing our corporate and financial resources upon real company growth this year with the addition of a suite of powerful new Internet-based services to support our industry-leading interactive voice response (IVR) TeleSURVEY(TM), MarketREACH(TM) and InvestorREACH(TM) services.'' ITI's rapid growth is being fueled by profitable business relationships with some of North America's largest telecommunication companies. Recent high-profile additions to the InvestorREACH, MarketREACH and TeleSURVEY services, as well as improved operating margins, are laying the foundation for sustained expansion of ITI's divisions. ITI's management is confident its current rate of growth will accelerate in coming fiscal quarters of 1999 and throughout the next fiscal year.