To: Wayne Rumball who wrote (8284 ) 4/22/1999 9:14:00 AM From: REW Read Replies (1) | Respond to of 13776
MORE TSIG NEWS--VERY BIG TSIG.com Expands Into European Business and Consumer Markets to Provide ''eBusiness Solutions'' TSIG.com and Riseholm Investments Partner to Create First U.K. Internet Portal ST. PETERSBURG, Fla.--(BUSINESS WIRE)--April 22, 1999-- TeleServices International Group, Inc. (OTC BB:TSIG - news), known as TSIG.com, announced today that it has partnered with Riseholm Investments Limited, a British-based investment company, in the formation of the International Sound Corporation Ltd. (ISC). TSIG.com will hold majority ownership of the new company incorporated in the United Kingdom. ISC will develop the first UK Internet portal available for British web users and open European markets for TSIG.com's eBusiness solutions suite of e-commerce products and services. ISC will utilize TSIG.com eSoftware as the foundation for its portal and TSIG.com's eHosting to manage the back-end operations. With TSIG.com's suite of products, European businesses will be able to compete on ''Internet time'' without having to invest a huge amount of initial capital. Prior to TSIG.com, companies that were interested in eBusiness faced excessive startup costs, cumbersome support issues and lengthy implementation schedules, among other problems. The new company will also introduce TSIG.com's myMusicCard program and will market unique premium and promotional products through BAGDA (British Advertising Gift Distributors Association) and BPMA (British Promotional Merchandise Association) to a British audience of more than 12 million through professional and amateur sports organizations, local authorities, leisure centers, governing bodies in sport, retail and mail-order outlets, and loyalty and reward programs for supermarket chains. ''One of the biggest problems in the United Kingdom is that we so often know where we need to be on the Internet, but are unable to get there,'' said John Lawson-Brown, chairman of Riseholm Investments Limited and managing director of the newly formed company. ''With the help of TSIG.com, we will be able to deliver solutions specifically targeted towards our country's needs, especially with regards to the ever growing and changing world of the Internet. What we will deliver is a product that Britain can truly be proud of.'' ''ISC is uniquely positioned to offer Internet users rich and compelling content that caters to a British audience,'' said John Hwang, a director of both TSIG.com and the newly formed company. ''Leveraging TSIG.com's eBusiness suite for a complete, fast time-to-market solution, ISC will play a much needed role in the British user's online experience.'' About Riseholm Investments Limited Riseholm Investments is a U.K. registered company holding Commercial, Retail and Investment Properties. Past ventures of Riseholm have included control of a privately-owned National enterprise employing in excess of 450 people with annual revenues in excess of 75 million pounds sterling. About TSIG.com Headquartered in St. Petersburg, Florida, TSIG.com is a pioneer in providing comprehensive outsourced eBusiness solutions. These services enable companies to develop, build and maintain e-commerce web sites, without excessive startup costs, cumbersome support issues and lengthy implementation schedules. TSIG.com provides services to corporations and non-profit organizations seeking to create revenue-generating programs and attract consumers to their sites. Through the company's myCard division, the company launched its first website utilizing the entire suite of eBusiness solutions,mymusiccard.com . For more information, please visit the company's website at: tsig.com