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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?

To: AKAPAK who wrote (15906)	5/3/1999 9:26:00 AM
From: BarbaraAnne	Read Replies (2) \| Respond to of 19331

NEWS!! STRATFORD, Conn., May 3 /PRNewswire/ -- DCI Telecommunications, Inc. (OTC Bulletin Board: DCTC) announced today that its existing agreement with Retevision, the national cable company of Spain, has been expanded to enable DCI to provide "bundled" voice and data transmission services throughout Spain. "Bundled" services include local and long distance voice communication, as well as high speed data transmission and Internet access at low cost. This outgrowth will reinforce DCI's position as a low-cost data transmitter. The agreement with Retevision marked DCI's entry as a Competitive Local Exchange Carrier (CLEC) in Spain and gave DCI access to a microwave relay network that covers all of Spain including the Canary Islands and the Balearics. A fiber optic network also is being built out which will provide backup and redundancy for the carriage of traffic. In addition to transmission offered to DCI's direct clients, the company also will offer backbone services to other carriers that have expressed interest in partitioning or co-locating at DCI's Madrid facilities. The expansion of this agreement raises DCI's capabilities to a new worldwide level. It is the first step in the segment of the company's expansion plan calling for utilization of the Internet for global voice and data transmission services. Spain is the first link in what is planned to be a worldwide Internet based network, which will include Virtual Private Networks capable of handling dedicated bandwidth to maximize the quality of voice and data transmission. During the period from January through March 1999, DCI Europe increased its long distance revenues from an annualized rate of $6 million to $15 million. Once the new Harris switches are installed in London and Madrid, the company's European long distance business is expected to increase to previously forecasted levels of approximately $60 to $70 million annually. The London switch is expected to be operational during earlyJune 1999. The Madrid switch is scheduled for installation later this year. DCI Telecommunications is a global provider of telecommunications services, including long distance, prepaid phone cards and Internet services. It has an extensive distribution network throughout North America, Europe and the Far East. The company owns and operates switching facilities in Canada, the United Kingdom, Spain and Denmark, with facilities planned for the United States in the near future. DCI recently reported sales of $28.1 million for the nine months ending December 31, 1998 versus $8 million in the comparable prior-year period. DCI trades on the OTC Bulletin Board under the symbol DCTC. Additional information can be obtained directly from the company or its web site at dcic.com. SOURCE DCI Telecommunications, Inc. -0- 05/03/99 /CONTACT: Craig K. Murphy, Director, Investor Relations of DCI Telecommunications, Inc., 203-380-0910 ext. 3108, InvestorRelations@dcic.com/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 107358/ /Web site: dcic.com (DCTC) CO: DCI Telecommunications, Inc.; Retevision ST: Connecticut IN: TLS MLM SU: RB-GW -- HSM029 -- 0841 05/03/99 09:00 EDT prnewswire.com //Begin Meta Data// Selector Code: ..m.s Copyright 1999, PR Newswire