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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (5197)3/30/1999 11:09:00 AM
From: Dave Gore  Read Replies (1) | Respond to of 52051
 
Yep, CYSS NEWS JUST OUT: $1 mil order with Nokia to expand their network

You're right it has almost too low a float and not enough volume.
It will need that to go up from here.

They are on the right path and I think we will see very good appreciation in the future, expecially now that they are on many people watch list. Time will tell.

(COMTEX) B: Crys-Tel Telecommunications.com Inc. Expands Global Netwo
B: Crys-Tel Telecommunications.com Inc. Expands Global Network

VANCOUVER, BRITISH COLUMBIA (March 30) BUSINESS WIRE -March 30, 1999--
Crys-Tel Telecommunications.com, Inc. (OTC BB:CYSS) announced today
that the company has placed an order for an additional 21 new gateways
with Nokia (NYSE:NOK.A) IP Telephony valued at over $1,000,000 US to
expand its global network.

The first phase of the Crys-Tel network rollout has been in place and
handling commercial traffic since November 1998. The purchase of this
latest equipment will bring the total number of POPs (points of
presence) to 26, with the majority of initial POPs being deployed in
Europe. The company is on track with its deployment schedule which will
ultimately connect more than 200 POPs worldwide.

"With a substantial portion of our global network deployed on schedule
and with the new interconnection with TeleMatrix, our customers will
soon be able to originate and terminate calls using IP in more than 70
locations worldwide," said Mr. Edward Yau, President of Crys-Tel
Telecommunications.com, Inc.

About Crys-Tel Telecommunications.com, Inc.

Crys-Tel Telecommunications.com, Inc., based in Vancouver, British
Columbia, Canada, is a facilities-based international carrier utilizing
the Internet to provide economical international telecommunications
services. The company operates both as a wholesale carrier for
international long-distance resellers and as a retail carrier,
servicing its own network and marketing the use of its network to
consumers in designated areas. Crys-Tel combines advanced engineering
and systems integration along with the high resiliency of Nokia's
solution to ensure users high-quality services over the Crys-Tel
Network.

-0- RH/da*

CONTACT: Crys-Tel Telecommunications.com, Inc., Vancouver
Anthony Papalia, 604/662-3667