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Technology Stocks : Crys*Tel Telecommunications.com, Inc. (CYSS) -- Ignore unavailable to you. Want to Upgrade?


To: Chief who wrote (233)5/24/1999 11:01:00 AM
From: Byter  Respond to of 338
 
Chief,

I have just got back from a lengthy trip and have just finished
reading the growing list of posts on this thread. (thanks to all)
I remain long and am considering adding to my position after some more dd on my part.

Question is this:
Your last post was positive and some more information
was forthcoming.

Can you share your thoughts ?

Thanks in advance,

Byter




To: Chief who wrote (233)6/4/1999 11:05:00 AM
From: ajs  Respond to of 338
 
Chief,

Today's news release indicates a complete turn around in the management.

The company also announced today that it has asked for and obtained the resignations of Edward Yau as President and Director and Mike Hanson as Chief Operating Officer and Director. In addition, the company received the resignations of James N. Rodgers as CEO and Director and Edwin Austin as Chief Financial Officer.

What's going on? Also the stock is down big time. Any comments. I am getting very worried.

ajs
------------
Crys-Tel Telecommunications.com, Inc. Announces New Board Members and Management Team

CARLSBAD, Calif., Jun 4, 1999 (BUSINESS WIRE via COMTEX) -- Crys-Tel(OTC Bulletin Board:CYSS) Crys-Tel Telecommunications.com, Inc. (OTC BB:CYSS - news) announced today that the company has appointed two new directors to its board and three officers to its management team.

This undertaking has been put forth to solidify the foundation of the company in their continuing effort to meet the goals outlined in the overall business plan.

Dr. Lorenzo L. Musa Graduated "MAGNA CUM LAUDE" from Bologna University with Ph.D. in Theoretical and Applied Physics, including extensive research and development in superconductivity and superfluidity applications. Spent several years as a researcher and teacher at Ferrara University for the HartFree-Fock mathematical approximation method in semiconductor device projects and has been a consultant of T.E.M.A. (Technologie Matematiche Avanzate), a subsidiary of the ENI Group in Italy. Most recently, Dr. Musa has been a consultant to several European countries on the development of international telephone networks. He is also the owner of patents in high-technology with emphasis in electronic, superconductivity and smart-cards.

As well as serving on the board of directors, Dr. Musa will retain the position of President and CEO. Robert J. Pacilio Since graduating with a degree in mathematics from Monmouth University, Mr. Pacilio worked as a stockbroker with such firms as Merrill Lynch, Drexel Burnham and AG Becker/SG Warburg. For five years he held the position of vice-president with Shearson Lehman American Express. In 1988 he started RJP and Associates, a firm designed to provide venture capital for emerging small cap publicly traded companies. For the last eleven years his company has been instrumental in providing capital to several corporations pursuing the public marketplace.

Mr. Pacilio will be retaining a position on the board of directors. Daniel C. Jentzsch Mr. Jentzsch has been the president of SkyPulse Communications, Inc. since July of 1995. SkyPulse Communications, Inc. is an international communications consulting firm that specializes in building IP Telephony Networks. Recent projects include USA talks.com, a flat monthly IP long distance service based in San Diego, California and FNet, the international next generation IP telephony subsidiary of Franklin Telecom (AMEX: FCM). Franklin Telecom is an IP Telephony gateway manufacturer based in Westlake Village California. Among other responsibilities, SkyPulse Communications, Inc. was instrumental in creating the call agent specifications for several companies including Franklin Telecom.

Prior to becoming president of SkyPulse Communications, Inc, Jentzsch worked in the wireless communications industry with MTel communications' SkyTel division, Pagenet and Mobilecomm. Other projects include building international callback and pre-paid calling card companies in South America, Central America and the Caribbean.

Mr. Jentzsch has assumed the position of Chief Technical Officer, (CTO), and will be responsible for the final development and implementation of the international network.

Randall A. Jones Subsequent to receiving his degree in accounting from California State University, Fullerton, Mr. Jones has dedicated the last 22 years to advising in the field of financial and accounting management, including audit experience with Deloitte Touche & Company, (formerly Touche Ross & Co,). He has extensive knowledge in preparing corporations for the entry into the public marketplace. From 1996 to present Mr. Jones served as Chief Financial Officer for American Boardsports Company and from 1994 - 1996 as corporate controller for World Interactive Network. Both operations required comprehensive reorganizations prior to filing their registration statements.

Mr. Jones will serve in the capacity of Chief Financial Officer and will be responsible for all accounting and financial planning, including public filings.

The company also announced today that it has asked for and obtained the resignations of Edward Yau as President and Director and Mike Hanson as Chief Operating Officer and Director. In addition, the company received the resignations of James N. Rodgers as CEO and Director and Edwin Austin as Chief Financial Officer.

About Crys-Tel Telecommunications.com, Inc. Crys-Tel Telecommunications.com Inc., based in Carlsbad, California, (OTC BB:CYSS) is a facilities-based international carrier utilizing the Internet to provide economical international telecommunications services. The company operates both as a wholesale carrier for international long distance resellers and as a retail carrier, servicing its own network and marketing the use of its network to consumers in designated areas. Crys-Tel combines advanced engineering and system integration along with the high resiliency of Nokia's solution to ensure users' high quality services over the Crys-Tel Network.

Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: Crys-Tel Telecommunications.com, Inc.
Anthony Papalia, 877/279-7835
E-mail: anthony@crys-tel.com
Website: www.crys-tel.com



To: Chief who wrote (233)6/11/1999 6:26:00 PM
From: Due Diligence  Read Replies (1) | Respond to of 338
 
Liked the dip on CYSS,today. Friday's can be a good time to add or enter a position.JMO.
Kindest Regards,
DD

BTW: Did it with CRTZ and a couple others,too.