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To: chalu2 who wrote (5595)5/19/1999 1:33:00 PM
From: Shell Searcher  Respond to of 9440
 
Here's what I know about EATC. Looks there's almost no stock out there. Ask has been rising on 100 share buys. Also has an Internet twist to it, since they're also an ISP.

techstocks.com

I'd previously talked to the deal maker involved in the reverse-merger, and he indicated that in effect, they will become their own private phone company. They're providing call routing services to REMAX and Coldwell Bankers. They're also an ISP and Phone/computer/communications integrator.

I've got calls into them now. They indicated that they were going to announce everything last week. Trying to get float #s, revenue estimates, etc.

Announcement from Yahoo:

Rodney E. Young, President of EagleTech Communications, Inc. ('EATC')
and Milton Miller, President of Goldplate Holdings Enterprises, Inc.
Announce The Stockholder Approval of Its Merger With 'GPHE'

FORT LAUDERDALE, Fla., March 30 /PRNewswire/ -- Rodney E. Young, President of EagleTech (OTC Bulletin Board: EATC - news), announces
the completion of the merger with Goldplate Holdings Enterprises, Inc. In addition it was announced the stock holders passed a name change naming the corporation to EagleTech Communications, Inc. (''EATC''), and a 1-for-3 stock reversal effective 3/17/99.

EagleTech Communications, Inc. is a corporation whose business is characterized as a convergence telecommunications carrier, computer telephony integrator and EagleOne+(TM) internet service provider. Its current product line and services are EagleOne(TM) and Eagle-Net(TM), EagleEsp(TM) Enhanced Service Bureau is marketed under the name EagleTech Communications, Inc. EagleTech Communications, Inc. has Agreements with Coldwell Bankers and REMAX Realtors and is installing their telecommunications system called ''Eagle-ONE.'' EagleTech has a patent pending on their Automatic Person Following Communications System.

Safe Harbor Forward-Looking Statements: Except for the historical information contained herein, the statements in this Press Release are
forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand holdings.

SOURCE: EagleTech Communications, Inc.