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To: Rainy_Day_Woman who wrote (1786)	5/7/1999 8:26:00 PM
From: Jeffrey L. Henken	Respond to of 2662

Teltran International to Acquire Channel Net Ltd in the United Kingdom NEW YORK--(BUSINESS WIRE)--May 7, 1999--Teltran International (OTC BB:TLTG) announced today that it has signed a formal Letter of Intent to acquire the assets and operations of Channel Net Ltd. Based in the United Kingdom, Channel Net is an integrated telecommunications company that specializes in multiple Interactive Voice Response (IVR) applications, Voice over Internet Protocol services and other value-added services. The transaction is scheduled to close on or before June 1, 1999. Upon completion of the transaction, Teltran will release further details as to the purchase price and the full extent of Channel Net's operations. ''Additional details may be available prior to the close regarding the various projects and agreements Teltran and Channel Net have been working on over the past few months, some of which are soon to become operational,'' said Jimmy Tubbs, Teltran's Chief Operating Officer. ''The addition of Channel Net's product line complements, expands and diversifies our service offering. Not only are we expanding Teltran VoIP Service's reach into the UK and Continental Europe, we are truly excited about the possibilities in the US relating to Channel Net's IVR applications and value added services.'' Teltran's President & CEO Byron R. Lerner adds, ''This acquisition is a continuation of our strategy to increase our world wide exposure and become a major factor in Internet Telephony. It also is another step for Teltran in establishing locations around the world as we develop our VoIP network.'' 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. Disclaimer Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may differ materially from actual future events or results. The future performance of the Company involves risks and uncertainties that could cause actual results to differ markedly from those anticipated by such forward-looking statements. Such risks include but are not limited to the following: a limited operating history for the Company; potential fluctuations in operating results; competition; pricing pressure; dependence on third-party suppliers of hardware and software; shortage of modems; dependence on telecommunications carriers; management of growth; limited market; a need for and risks of international expansion; the existence of a new and uncertain market; customer retention issues; rapid technological change; security risks; the risk of system failure; formal licensing and joint marketing agreements; patents and proprietary rights; infringement claims; changes in government regulation; risks associated with providing content including potential liability; dependence on key personnel and need to hire additional qualified personnel; uncertainty of currency exchange rates; need for additional capital; and enforceability of civil liabilities. Contact: Teltran International, New York Jimmy Tubbs, 1-888-TELTRAN jamest@teltran.com www.teltran.com biz.yahoo.com

To: Rainy_Day_Woman who wrote (1786)	5/19/1999 12:38:00 AM
From: Jeffrey L. Henken	Read Replies (2) \| Respond to of 2662

Teltran Extends VoIP Agreement With OzEmail Interline NEW YORK--(BUSINESS WIRE)--May 18, 1999--Teltran International (OTC BB:TLTG) today announced that their Agreement to be an affiliate in the worldwide Internet Telephony network of OzEmail Interline has been extended. Under the new terms, which are a result of recent negotiations, the three-year agreement will expire on May 19, 2002 with options for renewal. ''We expect to continue our association with Interline well into the 21st Century and look forward to a long lasting, mutually beneficial business relationship,'' said Byron R. Lerner, Teltran's President & 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. Contact: Teltran International, New York Jimmy Tubbs, 1-888-TELTRAN jamest@teltran.com www.teltran.com biz.yahoo.com