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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: cicak who wrote (20223)	3/12/1999 4:12:00 PM
From: V$gas.Com	Read Replies (1) \| Respond to of 44908

Company Press Release Just a friendly reminder of what's ahead. TSIG.com's Online Services Division to Establish Headquarters in Silicon Valley ST. PETERSBURG, Fla.--(BUSINESS WIRE)--March 8, 1999-- TeleServices International Group Inc. (OTC BB:TSIG - news), known as TSIG.com, Monday announced that its newly formed Online Services Division will establish offices in Silicon Valley, Calif. The Division will run daily operations out of this location, including sales, marketing, and development of Online Services Products. The Online Services Division is headed by John Hwang, senior vice president and chief information officer. Hwang, also a director of TSIG.com, was most recently managing partner at Cohesive Technology Solutions, a leading information technology consulting firm, where he was responsible for e-commerce and Internet strategy consulting for such clients as Netscape (Nasdaq:NSCP - news), Microsoft (Nasdaq:MSFT - news) and Oracle (Nasdaq:ORCL - news). Commenting on the decision, Hwang observed: ''We believe that Silicon Valley is the natural home for TSIG.com's Online Services Division. As a pioneer of cutting-edge products, we believe we must be situated in the heart of technological innovation and talent.'' TSIG.com's Online Services will offer next-generation ISP products and services to businesses on a subscription rental basis. These products and services will include e-commerce packages and industry vertical solutions. TSIG.com also operates two other Divisions: Products and Services, and TeleServices. The Products and Services Division forms revenue-sharing programs with corporations and not-for-profit organizations to raise funds with its My Card programs for the retail sale of music CDs, Kodak film and film processing, video DVDs, and a rapidly expanding array of other products. The TeleServices Division supports Products and Services as well as its own corporate customers through its state-of-the-art call center, which provides fully integrated global teleservices to companies selling products and services through toll-free numbers and the Internet. This press release contains ''forward-looking statements'' within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of such factors as (1) competition in the markets for online services, for the products and services the company sells and plans to sell, and for outsourced teleservices, (2) the ability of the company to execute its plans, (3) the availability of financing at favorable terms, and (4) other factors detailed in the company's public filings with the SEC.