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

To: cicak who wrote (24198)	4/5/1999 7:56:00 PM
From: V$gas.Com	Respond to of 44908

And of course that silly thing we call revenue: Thursday March 25, 11:00 am Eastern Time Company Press Release TSIG.com Expands Pact With the Signature Group to Include Teleservice Fulfillment for Loyalty and Rewards Program ST. PETERSBURG, Fla.--(BUSINESS WIRE)--March 25, 1999-- TeleServices International Group, Inc. (OTC BB:TSIG), known as TSIG.com, announced today that the company has been selected by The Signature Group to assume primary fulfillment responsibility for inbound teleservices of certain multilingual Loyalty and Rewards program customers. In January, TSIG.com announced its first contract with The Signature Group to handle bilingual travel-related services for Signature's Loyalty and Rewards program customers. The two contracts combined are expected to generate gross annual revenues in excess of $30 million to TSIG.com. TSIG.com's expanded contract with The Signature Group provides for TSIG.com to handle the travel redemption calls for the Loyalty and Rewards (L&R) program, and also to function as the ''gate keeper'' for L&R customer calls. To handle such fulfillment, TSIG.com will be responsible for managing inbound calls for L&R program information, program enrollments, program point status inquiries, program point redemption calls, as well as handling and tracking L&R customer complaints and inquiries. Commented Robert Gordon, Chairman of TSIG.com, ''We are delighted to expand the scope of our contract with The Signature Group, and are proud to be associated with their Loyalty and Rewards program. We are also exploring other potential synergies between our companies.'' Added Paul Tennola, Vice President at The Signature Group: ''We look forward to working more closely with TSIG.com. Like The Signature Group, they have a culture that is focused on providing a high level of customer service.'' About The Signature Group The Signature Group is a $900 million market leader in the Direct Marketing Industry, providing value-added consumer products and services to more than 14 million customers through direct response marketing. The Signature Group provides a complete array of growing consumer clubs and services, including Dining a la Card, Dental Plans, Legal Service Plans, Credit Card Protection, as well as supplemental insurance products. With over 8,000 associates in more than 30 locations across the United States, The Signature Group mails over 230 million solicitations annually and makes over 70 million scripted telemarketing presentations. The Signature Group's principal clients include banks, airlines, independent credit card companies, major retailers and oil companies. About TSIG.com Headquartered in St. Petersburg, Florida, TSIG.com recently completed its reorganization into three divisions. The Online Services Division will offer next-generation ISP services, including packaged e-commerce solutions on a subscription basis. The Products and Services Division forms revenue-sharing partnerships with corporations and non-profit organizations to attract customers through e-commerce membership card type programs. The TeleServices Division provides web-based customer support and service through its comprehensive call center functionality. 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 competition in the markets for outsourced teleservices, the ability of the Company to execute its plans, the success of the Signature Group's programs, the availability of financing at favorable terms, and other factors detailed in the Company's public filings with the SEC. Contact: Golin/Harris International, San Francisco Sean Kauppinen 415-808-9800 skauppinen@golinharris.com or TSIG.com, St. Petersburg Paul Henry 727-897-4000 phenry@tsig.com or The Signature Group, Schaumburg, Ill. Fanette M. Singer 847-605-4604