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Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?

To: lkj who wrote (2492)	6/2/1999 10:09:00 AM
From: Steve Simmons	Respond to of 4298

AT&T and INTERSAT Sign Cooperative Marketing Agreement CALGARY, ALBERTA--AT&T Canada and Interfax Communications Ltd. ("INTERFAX"), a wholly owned subsidiary of Interprovincial Satellite Services Ltd. ("INTERSAT"), announced today that they have signed a Cooperative Marketing Agreement to offer one another's technologies and services to their respective customers. INTERFAX services to be marketed through AT&T Canada include INTERFAX's patent-pending internet/IP-based fax transmission services. "We are pleased to have the opportunity to partner with an organization of the size and quality of AT&T Canada in the marketing of INTERFAX services", said Chris Schnarr, INTERSAT's President. "We believe this constitutes an early but strong validation of our business model, and it is through relationships such as this that we will migrate our technology leadership into market leadership." Under the terms of the Cooperative Marketing Agreement, AT&T Canada and INTERFAX will work cooperatively within Canada to promote and sell their respective products and telecommunications services, beginning with efforts focussed on the Western Canadian market. "There is a clear and strong migration projected for fax traffic to internet/IP. With INTERFAX services, we hope to be able to provide to our existing and potential customers an immediate path for that migration", said Ken Sackley, AT&T's General Manager, Business Services. "It confirms our leadership and drives value for our customers". About INTERSAT: INTERSAT, together with INTERFAX, is a leading developer and value-added provider, through its offices in Calgary, Amsterdam and San Francisco, of global fax and data network services to industry, using wireless and internet as communications media. INTERFAX is an industry leading and unique service targeted at an estimated 100 million fax machines globally (growing at a rate of 20 percent per year) generating US $92 billion annual revenue. INTERFAX services are recognized as leading the internet fax industry in the area of fax machine-originating transmissions, an area which comprises an estimated 88 percent of the world's fax traffic. About AT&T Canada: AT&T Canada is fast becoming a provider of a full range of telecommunications services to Canadians. Among its offerings are: services for travelers and businesses on both sides of the Canadian-U.S. border, language-interpretation service in 140 languages; and business solutions that include consulting, systems integration and outsourcing. Its Winnipeg-based call centre provides world-class customer care to AT&T Canada customers and to customers of other Canadian and U.S. companies, as well. Through its partnership with AT&T Canada Long Distance Services, customers can obtain a full range of consumer and business long-distance services. And through a brand-licensing agreement with Rogers Cantel Mobile Communications, Canadians can obtain a full range of wireless services under the Cantel AT&T brand. This release is for information purposes only and does not constitute and should not be construed in any way as an offer to sell or a solicitation of an offer to purchase any of the securities of any of the companies mentioned herein. INTERSAT cautions investors that any forward-looking statements made are not guarantees of future performance and that actual results may differ materially from those in the forward-looking statements.