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Technology Stocks : Compu-DAWN, Inc (CODI) E-TV Co. (ETVC) -- Ignore unavailable to you. Want to Upgrade?


To: AJ Berger who wrote (58)3/16/1999 11:21:00 AM
From: Milk  Read Replies (1) | Respond to of 78
 
Tuesday March 16, 10:42 am Eastern Time
Company Press Release

Compu-DAWN Signs Distributor Agreement With Certified Reseller of AT&T Providing Discounted Long Distance Telephone Service Throughout the United States and Around the World

CEDARHURST, N.Y.--(BUSINESS WIRE)--March 16, 1999--Compu-DAWN, Inc. (NASDAQ:ETVC - news) announced today that through its wholly owned subsidiary ETEL Communications Corp. it has entered into a distributor agreement with E.ComTel, LLC, an affiliate of Alliance Group Services, Inc., to provision telecommunications products sold by Compu-DAWN's wholly owned subsidiary, e.TV Commerce, Inc. (''e.TV'') utilizing AT&T (NYSE:T - news) as it's backbone network carrier. Provisioning of accounts is expected to begin within 60 days.

''AT&T is considered by industry experts to have the highest quality world-wide telecommunications support system for its products and services. We have now added a key link to our system to achieve our goal of providing high end, integrated service to our e.TV customers. This relationship is expected to enhance our competitive strength by providing quality services with cost- effective rates and entree to future wide band capacity,'' said Ted Turner IV, Chairman of the Board.

Compu-DAWN's primary business is now conducted through its wholly owned subsidiary e.TV Commerce, Inc., which is in the internet, e-commerce and telecommunications business. Sales of these product and services are conducted primarily using a multi-level referral network marketing organization. Access the Compu-DAWN home page on the World Wide Web - compudawn.com - for further information.

Forward Looking Statements

Certain information contained in this announcement are ''forward-looking statements''. Compu-DAWN cautions readers that certain important factors may affect actual results and could cause such results to differ materially from any forward-looking statements which may be deemed to have been made in this announcement or which are otherwise made by or on behalf of Compu-DAWN. For this purpose, any statements contained in this announcement that are not statements of historical fact may be deemed to be forward-looking statements. Factors which may affect results include, but are not limited to, the risks and uncertainties associated with multi-level network marketing, the internet and internet related technology and products, new technology developments, developments and regulation in the telecommunications industry, the risk of loss of management and personnel, the competitive environment within the internet and telecommunications industries industry, the competence required and experience of management and economic conditions.

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Contact:

e.TV Commerce, Inc.
Teddy Turner IV, 904/680-6680 Ext. 5174
or
Compu-DAWN, Inc.
Mark Honigsfeld, 516/374-6700 Ext. 601