JDN and all: Here's an unbelievable example of PR from GS TElecom all protected by the safe harbors act that TAVA needs to look at. This other company is predicting an increase of revenues from 15 million in 2000 to 1.5 BILLION!!!! in 2004. Now... after listening to the audioinvestor interview three times(yes.. quite compulsive) there are a number of forward looking projections that JJ could make well within the safe Harbors act that would get folks looking at TAVA post y2k. So.....why not? Just a novice...Stephen
SAN FRANCISCO--(BUSINESS WIRE)--March 30, 1999--GS Telecom (OTC Bulletin Board:GARD) GS Telecom, Ltd. (OTC Bulletin Board:GARD - news) GS Telecom, Ltd. the emerging technology incubator that announced this month its Convergent Technology Model, is projecting annual revenues in excess of $1-billion in year 2004.
In the Company's Prospectus, to be published this Friday, the company's six key technologies are expected to increase from a $15-million in year 2000, to $1.5-billion within four years.
"I was not surprised to see these numbers," said analyst Theodore Brandon, of Barrington Financial Securities. "These figures are extremely conservative in light of the revolutionary and just-in-time technology solutions coming out of this company. We think the projected one-million-count distribution of the first international currency and internet transaction facilitator, the ATTM Universal Card, over the next 36 months is a gross underestimate of the worldwide impact the card will have."
GS Telecom, Ltd. announced last week its ATTM Universal Card, the first-ever anonymous currency card that also makes possible instantaneous, anonymous transactions over the Internet. The ATTM card is a pre-loaded hybrid "Smart-Card," that will enable transactions in 53 currencies, throughout the world, including the Pacific Rim and the Former Soviet Union.
GS Telecom, Ltd., is "standing on the shoulders of such giants" in global-telecommunications as IBM (NYSE:IBM - news), Microsoft (Nasdaq:MSFT - news), Intel (Nasdaq:INTC - news), Dell (Nasdaq:DELL - news), America Online (NYSE:AOL - news), AT&T (NYSE:T - news), MCI/Worldcom (Nasdaq:WCOM - news), Compaq (NYSE:CPQ - news), Hewlett-Packard (NYSE:HWP - news), Sun Microsystems (Nasdaq:SUNW - news), Lucent (NYSE:LU - news), Cisco Systems (Nasdaq:CSCO - news), Advanced Micro Devices (NYSE:AMD news), Applied Material (Nasdaq:AMAT
- news), Yahoo (Nasdaq:YHOO news), Lycos (Nasdaq:LCOS - news), Excite (Nasdaq:XCIT - news) and many others to change the landscape of computing, communications, entertainment ,and e-commerce.
GS Telecom, Ltd. is a U.S. high-tech development and marketing company with offices in San Francisco and London. For more information on the company's strategic global vision and the Convergent Technology Model, visit GS Telecom, Ltd. on the web, at www.gs-tele.com. An independent analysis of GS Telecom, Ltd.'s business model and market viability is available from The Barrington Report, at www.barringtonreport.com.
Safe Harbor Act Disclaimer
The statements contained in this release and statements that the company may make orally in connection with this release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected in the forward-looking statements, since these forward-looking statements involve risks and uncertainties that could significantly and adversely impact the company's business. Therefore, actual outcomes and results may differ materially from those made in forward-looking statements.
Please note: GS Telecom, Ltd. is not affiliated in any way with GST Telecommunications, Inc. of San Francisco and Vancouver, B.C.
CONTACT:
GS Telecom, Ltd.
Investor Information, 800/665-4415
or
GS Telecom, Ltd.
Public and Media Relations, 602/ 265-9463 or
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