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Microcap & Penny Stocks : Linkon (LKON): CTI Company -- Ignore unavailable to you. Want to Upgrade?


To: Tim Oliver who wrote (919)4/5/1999 3:16:00 PM
From: Tim Oliver  Read Replies (1) | Respond to of 1082
 
As competent as these guys?:

Monday April 5, 8:54 am Eastern Time
Company Press Release
Teltran VoIP Service Announces Third Major Agreement
NEW YORK--(BUSINESS WIRE)--April 5, 1999--Teltran International (OTC BB:TLTG) announced Monday that a third agreement has been signed with a major US telecom carrier to provide international termination of voice, fax and data transmissions using Teltran VoIP Service.

The agreement is for one year with automatic renewal. ''After all installations are completed we fully expect to be transmitting approximately 5 million minutes per month from the three contracts we have signed. The $12 million in annual revenues that we will realize from the contracts will give Teltran a base from which to grow as new countries are added to the TVS network,'' said Peter Biagioli, Teltran's vice president - Sales & Marketing.

''It appears as though we are on target to meet or even exceed my earlier projections of revenue in excess of $30 million annually and earnings of $0.30 per share,'' said Byron Lerner, Teltran's president and CEO.

About Teltran

Licensed by the FCC as a global facilities-based common carrier, Teltran offers a full range of telecommunications and Internet services including Voice over IP, domestic and international long distance, Web Portal and Hosting, fax broadcast services and calling card programs.