Copyright © 2026 Knight Sac Media. All rights reserved.https://www.siliconinvestor.com/subject.aspx?subjectid=28681 Suncom Telecommunications Inc. Changes Name to VirtualSellers.com; Trading Symbol to VDOTF; Outlines New Business Strategy Business Wire - June 02, 1999 08:24 VANCOUVER, B.C.--(BUSINESS WIRE)--June 2, 1999--SUNCOM Telecommunications Inc. (OTC BB: SNLMF)(www.suncomtele.com) Wednesday announced that effective immediately, it has changed its corporate name to VirtualSellers.com Inc. and has begun doing business as VirtualSellers.com (www.virtualsellers.com). The company's common stock will now trade under the symbol (OTC BB: VDOTF). "The new name reflects our restructured business plan and direction, which has been evolving for the past year," said Dennis Sinclair, Ph.D., SUNCOM president and chief executive officer. "Through our recent internal restructuring and strategic acquisitions, we have created a cutting-edge, full-service e-commerce service bureau that focuses on small and medium-sized businesses seeking to sell products over the Internet." "Our recently announced acquisition of CallDirect (www.calldirect.com), a direct mail catalog company specializing in telephone productivity solutions, affords us two key strategic advantages. We transition CallDirect, a top performer in its market niche, into e-commerce sales, which increases its value immediately. And through CallDirect, we complete the package of services necessary for us to be the service bureau for catalog companies moving into Internet sales. Catalog marketers are an important focus of our overall strategy." Sinclair added, that of the estimated 18,000 catalog companies in the United States, only 2 percent are currently selling their products online. Yet Forrester Research, a leading market research firm, projects that Internet-based sales will reach $3.2 trillion in 2003, representing nearly 5 percent of all sales globally. "There's a huge market out there," Sinclair said, "and VirtualSellers.com now offers all the services necessary to successfully launch a catalog merchant into cyber business." Over the past year, SUNCOM has built three core business segments, which will now operate under the new name VirtualSellers.com. These are: 1) the original VirtualSellers.com, an e-commerce specialty firm that handles Web site design, transaction processing, online security and fraud protection; 2) CallDirect, which processes incoming orders; and 3) customer care call centers, SUNCOM's initial core business, which oversee all in- and out-bound toll-free customer service and telemarketing calls for its clients. Each VirtualSellers.com client has its own "store front" enabled for e-commerce. The client will be responsible for making product available and for shipping, while VirtualSellers.com will handle everything else. That includes designing and maintaining the Web site, taking all customer care telephone calls originating from the site and processing the transaction including merchant banking accounts, fraud protection, customer service and collections. Because it offers ...https://www.siliconinvestor.com/images/Logo380x132.pnghttps://www.siliconinvestor.com/subject.aspx?subjectid=2868138013210