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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (9477)	5/24/1999 4:36:00 PM
From: P.E. Allen	Read Replies (1) \| Respond to of 52051

From : PR Newswire May 24 1999 7:00AM Re : iVOICE.COM (OTC BULLETIN BOARD: VTPI) HIRES FORMER VICE PRESIDENT OF COMPUTER ASSOCIATES INTERNATIONAL (NYSE: CA) Monday May 24, 07:59 AM Eastern time Company Press Release SOURCE:iVoice.com iVOICE.COM (OTC BULLETIN BOARD: VTPI) HIRES FORMER VICE PRESIDENT OF COMPUTER ASSOCIATES INTERNATIONAL (NYSE: CA) ABERDEEN, N.J., May 24 /PRNewswire/ -- Initializing its Management Expansion Program, iVoice.com has hired Leo Pudlo as its new Vice President of Operations. Mr. Pudlo's vast experience most recently includes 10 years of consulting in the telephone and computer industry. Mr. Pudlo has worked directly with the CIA where he coordinated "Top Secret" projects for the Department of Defense in the mid 1980's and supervised governmental projects from the US House of Representatives to the Office of the President. Mr. Pudlo brings to iVoice.com many years of managerial know how, and is eager to implement his innovative ideas. His philosophy: "Only in a young, developing and progressive company can I have the opportunity and latitude to initiate strategic plans to help guide iVoice to great heights." Joel Beagelman, iVoice.com's CFO and Director, stated that, "Bringing in Leo Pudlo should convince our stockholders that their Company, iVoice.com, will only hire the best and most creative individuals in the business". Jerry R. Mahoney, President and CEO added, "We are planning to put a second-to-none team in place that cannot only superbly run their segment, but who have the executive ability to help analyze future acquisitions." iVoice.com designs, manufactures and markets innovative voice and computer telephony communications systems for all businesses as well as corporate departments. The Company provides Interactive Voice Response (IVR) products that allow information in PC databases to be accessed from a standard Touch- tone telephone. iVoice.com also clarified that it acquired the exclusive rights to provide the Visual EZ II video conferencing workstations to Engineering Professional Services (EPS), wherein EPS will market and sell to the DOD and the commercial sector. Management also stated that the name and symbol change should be accomplished within the next 10 days. The Company presently sells its products through the dealer and reseller channels as well as through OEM agreements with some of the world's largest telecommunications and networking companies, including Nortel, Telrad and Inter-Tel. The most common call-processing features that the Company offers are: Voice mail, Automated Attendant, Interactive Voice Response ("IVR"), Text To Speech and Speech Recognition. The Company headquarters are located at 1230 Highway 34, Aberdeen, NJ 07747. Telephone number: 732-441-7700 (Ext. 101 for Investor Relations), Fax number: 732-441-9895, and Website: www.iVoice.com. NOTE: Any statements that are not historical facts contained in this release are forward looking statements. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward looking statements. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, and intellectual property rights, and the outcome of competitive products, risks in product development, the results of financing effort, the ability to complete transactions, and other risks identified in this release, and the company's Securities and Exchange Commission filings. -------------------------------------------------------------------------------- Contact: Investor Relations for iVoice, 732-441-7700, ext. 101, or fax 732-441-9895