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To: Jeffrey L. Henken who wrote (2369)	5/27/1999 9:55:00 AM
From: Rainy_Day_Woman	Respond to of 2662

Teltran Given Approval to Add Foreign Affiliates NEW YORK--(BUSINESS WIRE)--May 26, 1999--Teltran International (OTC BB:TLTG - news) today announced that it has obtained approval to become an OzEmail Interline affiliate in Pakistan, Bangladesh and Israel. Subject to final contract negotiations with local parties, the Teltran affiliate network will then include Pakistan, Bangladesh, Israel, England and Ireland in addition to the US. ''Our new international operations will come on-line in the Fourth Quarter of 1999 and we believe the addition of these three countries will increase our profit expectations for 2000 substantially,'' said Byron R. Lerner, Teltran's President & CEO. ''In fact, I believe our revenues and profits will increase by at least 30% as a result of our new affiliate locations. I also feel confident that our earnings for the year 2000 will approach or even exceed $1 per share.'' Lerner continued: ''As we add to our worldwide network of Interline affiliates, we believe that the countries announced today, particularly Pakistan and Bangladesh, will substantially broaden our capabilities in the international VoIP marketplace. By continuing to employ our strategy of acquisitions and key partnerships, we expect to advance our leadership in Internet Telephony services around the world.'' Pakistan and Bangladesh are high demand countries in the US international wholesale long distance market as US carriers look for high quality, low cost routes to add to their routing tables. Teltran also believes it can develop substantial outbound traffic from their international operations as regulatory barriers are eliminated and Internet Telephony becomes more of a viable telecom option. 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.

To: Jeffrey L. Henken who wrote (2369)	5/27/1999 10:07:00 AM
From: Rainy_Day_Woman	Read Replies (1) \| Respond to of 2662

Company Press Release Stock-Tipper.com Announces Investment Opinion on Teltran International NEW YORK--(BUSINESS WIRE)--May 25, 1999--Teltran International (OTC BB:TLTG - news) today received a Strong Buy recommendation from Stock-Tipper.com, an independent advisory service. The recommendation can be found on either Stock-Tipper.com or Teltran.com and includes the following Stock-Tipper.com target information: ''Target: With the fine structure of Internet Related and telecommunication Services and this mixed with global messaging services we feel that TLTG is extremely well positioned for the future. If we would only rate the web portal teletran.com with its current click ratio a price of slightly above $10 is already justified; then we need to rate the other services like the promising VoIP, Telecommunication services, etc. ''We feel that TLTG can achieve revenue growth of $30 million and earn .30/share for 1999 (coming from zero growth) and between .60 - .65/share. Let's make some calculations; 1999 EPS E 2000 EPS E 2000 EPS E PE 0.30 0.60 0.65 10 $ 3.00 $ 6.00 $ 6.50 20 $ 6.00 $ 12.00 $ 13.00 25 $ 7.50 $ 15.00 $ 16.25 30 $ 9.00 $ 18.00 $ 19.50 40 $ 12.00 $ 24.00 $ 26.00 50 $ 15.00 $ 30.00 $ 32.50 60 $ 18.00 $ 36.00 $ 39.00 75 $ 22.50 $ 45.00 $ 48.75 100 $ 30.00 $ 60.00 $ 65.00 ''We leave it up to you to pick your favorite PE for either telecom companies (Avg. greater than 35) or for Internet stocks (Avg. greater than75). So you can pick your own target. We do not want to forget that the PE for BB/NASD stocks on average is lower than those traded on the NASDAQ but we feel that it is only a short time from today before this pearl will move to the NASDAQ and get the market recognition that Teltran deserves.'' ''Action: We will take in TLTG at $4 a.s.a.p. to get the stock dividend (rec. date 5/30, pay. Date 7/1).'' Teltran also announced today that they are changing the date of record for their 5% stock dividend due to the fact that May 30 is a Sunday and May 31 is Memorial Day. The new date of record for the 5% stock dividend will be Thursday June 3, 1999. All stockholders of record on June 3 will receive the 5% dividend on July 1, 1999.